Buyer24.ai

Buyer24.ai is a procurement platform that integrates an AI layer into existing purchasing workflows to streamline the sourcing and quote management process. The application extracts and structures data from real supplier documents, including quotes and RFQ responses, eliminating manual data entry and reducing errors in procurement operations.

The platform handles the pre-contract phase of procurement by automating several key functions. It clarifies vague purchasing requests into structured requirements, discovers suppliers through AI-assisted research with verified data, and distributes RFQs with automated outreach and response tracking. The system normalizes and compares quotes by extracting actual pricing data from vendor submissions, enabling procurement teams to make informed decisions based on verified information rather than manual spreadsheet analysis.

Buyer24.ai is designed to work alongside major enterprise procurement systems rather than replace them. The platform feeds cleaner, structured data inputs to existing solutions like SAP Ariba, Coupa, and Oracle Procurement Cloud, enhancing their effectiveness by automating the research and sourcing stages that precede contract management and transactional workflows.

A core principle of the platform is its focus on data extraction over generation. Instead of creating or estimating supplier information, the system works exclusively with actual documents submitted by vendors, ensuring that every number in a quote comparison traces back to a legitimate source. This approach minimizes the risk associated with AI-generated information in procurement contexts.

The platform guides users through the complete sourcing workflow, from intake and supplier research through quote analysis, negotiation, and final data handoff to enterprise resource planning systems. By automating these stages, Buyer24.ai reduces the time required to move from an initial business need to a ready-to-submit requisition with competitive pricing attached.[1]

Website: buyer24.ai

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