Name
Arkestro
Description
Arkestro is the leading Predictive Procurement Orchestration platform, helping enterprises deliver a 2-5x lift on cost savings attributed to everyday purchasing and sourcing cycles. Top enterprises leverage Arkestro’s behavioral science, game theory, and machine learning to predict and win faster value across every category of addressable spend.
PPO’s embedded platform operates within existing ERP and P2P infrastructure, serving up real-time recommendations with tangible business impact. The result: faster and more efficient procurement cycles. Arkestro does this using three broad motions:
Simulate: Arkestro simulates a sourcing or purchasing event to predict prices and terms.
Send: Akrestro emails a recommended offer to the supplier(s) for review, revision, and acceptance.
Select: Arkestro recommends holistic awards and approvals using many possible scenarios.
Customers use Arkestro to amplify procurement’s impact and see business results in under 30 days and are able to drive cost saving, manage inflation, support a resilient supply chain, align spend with ESG and risk goals and create new operating efficiencies.
PPO’s embedded platform operates within existing ERP and P2P infrastructure, serving up real-time recommendations with tangible business impact. The result: faster and more efficient procurement cycles. Arkestro does this using three broad motions:
Simulate: Arkestro simulates a sourcing or purchasing event to predict prices and terms.
Send: Akrestro emails a recommended offer to the supplier(s) for review, revision, and acceptance.
Select: Arkestro recommends holistic awards and approvals using many possible scenarios.
Customers use Arkestro to amplify procurement’s impact and see business results in under 30 days and are able to drive cost saving, manage inflation, support a resilient supply chain, align spend with ESG and risk goals and create new operating efficiencies.
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