Procoto
Procoto, formerly known as Proficy, is a B2B procurement software company based in Saint Petersburg, FL, offering solutions across multiple industries with a focus on finance and accounting. The company provides features like strategic sourcing, workflow approvals, and spend analytics to streamline procurement processes.
Company Overview
Procoto, previously known as Proficy and procoto, is a procurement software solutions provider based in Saint Petersburg, FL, USA. The company operates within the B2B Finance and Accounting sub-industry and has a team of 4 members. Procoto offers its services fully remote, catering to regions across the United States and Canada. The company participated in the Y Combinator W21 batch and positions itself as a Fintech, SaaS, and Procurement-focused entity.
Services
Procoto offers a range of procurement software solutions designed to streamline the source-to-contract process for procurement teams across various industries. Key features include strategic sourcing, workflow approvals, RFP management, smart databasing, and spend analytics. The software allows users to automate bidding and analysis, digitize contracts and terms, and centralize vendor management. Additionally, Procoto provides a 15-day free trial for new users.
Product Features
Procoto's platform consolidates sourcing requests, contract management, and vendor management into one system. It employs smart databasing to aggregate spend, vendor, and contract data from sourcing events. Workflow approvals offer visibility and empowerment, triggered by financials, spend categories, or seniority. Strategic sourcing leverages historic performance and spend data to identify optimal vendors and uncover hidden savings. The platform is designed to be a simpler, more affordable alternative to complex systems like SAP or Coupa.
Industries Served
Procoto provides tailored procurement solutions for a wide range of industries. These include construction, 3PL warehousing, franchise, food & beverage, education, property management, logistics, healthcare & senior living, public sector, retail, real estate, waste & recycling, and hospitality. The company's diverse industry focus ensures that its software can meet specific needs and streamline procurement processes across various sectors.
Technology and Content Management
Procoto uses WordPress for its content management system, enabling easy site content management through the dashboard. The platform features a responsive menu for navigation and includes a blog post titled 'Hello world!' encouraging new users to start writing. The website offers a comments section for user engagement and features a sample page that introduces the company's offerings. Procoto encourages new WordPress users to utilize the dashboard to create new pages and delete the sample pages.