Procoto

Hi everyone, we’re Juliet, Austin, Michael, and Michael. We’re the team behind Procoto. We’re on a mission to make procurement software more accessible and affordable for everyone.

tl;dr: Procoto makes running RFPs, tracking contracts, and managing vendors simple and affordable. We get procurement teams out of dense systems and spreadsheets without having to drop a hefty check on SAP or Coupa.

And it’s self-service! No sales calls, redlines, or lengthy implementations. Snag our YC launch offer to get started!

😤 The problem with procurement software

Small and mid-market companies face the same sourcing, contract, vendor, and spend management challenges of larger organizations, but with fewer resources and without the funds for an enterprise procurement platform.

• RFPs are conducted with spreadsheets and emails
• Time is wasted searching for, selecting, and inviting vendors to bid
• Contract terms, vendor information, and spend data are spread across systems
• Person hours are dedicated to data management rather than securing better rates
• Historical bidding and pricing disappear after the RFP
• The alternative solution today is a six-figure annual agreement with one of the big boys

😇 How we’re fixing it

Procoto eschews (bless you) the complexity and the feature bloat of enterprise procurement software. We keep it simple and user-friendly in a tool built for everyone. Procoto automates the collection of RFP, contract, and vendor information into a centralized system and highlights savings opportunities based on historical data.

https://youtu.be/1FCv2I6Ywho

😍 Community fav features

🤡 Why us?

We built procurement organizations at a couple of startups and have used 30+ of our competitors’ software. We lived the pain we’re solving for years and finally left to build the solution we couldn’t find Something self-service, customizable, with UI/UX from this decade, and built for users without supply chain degrees.

🙏🏻 Our ask

• Give Procoto a whirl if you run RFPs, sign contracts, or work with third-party vendors
• We’d love to talk to and learn from anyone in the procurement world, especially those in multi-site businesses:
  • Franchises
  • Hospitality
  • Restaurants
  • Apartment groups
  • PEs that manage any of the above

👀 The YC Deal

• 30-day trial
• Complimentary vendor and contract data cleanup
• 40% off your first year if you go monthly ($59/mo)
• 50% off your first year if you go annual ($479/yr)
• Redeem here

If you’d like to learn more or have questions, shoot us an email at michael@procoto.com!