Name

Procure Analytics

Legal name

Procure Analytics

Website

https://procureanalytics.com

Company type

Private

Founded year

2013

Operating status

Operating

Headcount range

101–250 employees

Ownership category

akta.pro rank

Product category

Indirect Spend Group Purchasing Organization (GPO) Procurement Services

NAICS

Software Publishers (5132)

SIC

Services-Computer Programming, Data Processing, Etc. (7370)

akta.pro primary industry

Spend Analytics & Reporting Support (BPAAAJAJ)

akta.pro secondary industries

Vendor Master Data Management & Onboarding (BPAAAJAB), Catalog & eProcurement Enablement (Punchout, Item Master) (BPAAAJAI), Enterprise Application License Advisory, Vendor Management & Optimization (BPAEAGAO)

Keywords

• Indirect procurement services
• MRO procurement programs
• Packaging optimization software
• Freight logistics GPO
• Tail spend management

Headquarters

HQ city

Atlanta

HQ country

United States

HQ region

North America

Offices6 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Technology or R&D, Marketing or Sales, Infrastructure

Revenue model

1. Supplier Administrative Fees: Procure Analytics charges suppliers an administrative fee based on revenue brought to the supplier through the GPO program. This is a nominal transaction fee paid by suppliers, not members. No membership fees are charged to member companies.
2. GPO Membership Services: Member companies receive access to GPO contracts, spend analytics dashboards, implementation support, and ongoing account management at no cost. Value is delivered through supplier rebates, volume pricing, and service optimization.

Pricing tiers

Go-to-market motion2 records

Distribution channels4 records

Marketing channels8 records

Core offering

Procure Analytics operates a group purchasing organization (GPO) category management solution for indirect spend categories including MRO, packaging, freight & logistics, and tail spend. Members join for free and gain access to aggregated supplier contracts (over $2.5B in combined spend), proprietary spend analytics dashboards, Aether packaging optimization, the Amicus tail spend buy desk, the EPIC e-procurement catalog (2.5M+ items), and dedicated implementation/account management. Revenue is generated through supplier administrative fees rather than member charges.

Product overview

Procure Analytics operates a GPO+ (Group Purchasing Organization plus) model, combining aggregated purchasing leverage with technology-enabled services and spend analytics. The core platform consists of GPO Programs for MRO, Packaging, Freight & Logistics, and other indirect spend categories, supplemented by Amicus Spend Management for tail spend. These integrate with EPIC e-procurement platform (from DSSI acquisition) and FastBin vendor-managed inventory. Advanced analytics capabilities include Aether (packaging optimization), IMA master data software (MRO data cleansing), and proprietary spend analytics dashboards. All members receive free spend analytics, benchmarking, and implementation support.

Differentiator

Problem solved

Functional benefit

Brands

• Amicus Spend Management: Tail spend management digital platform and buy desk for rapid sourcing and spot buys, including hosted punchout catalog with 2.5+ million items
• Aether
• GPO+

Products and services

• GPO Programs (MRO, Packaging, Freight & Logistics, Other Indirects) Group purchasing organization programs that aggregate member purchasing power across MRO, packaging, freight & logistics, and other indirect spend categories. Members access pre-negotiated supplier contracts with superior pricing and terms, backed by dedicated account management and implementation support.
• Amicus Spend Management Digital platform and buy desk for tail spend management. Combines rapid sourcing of unplanned product and service needs (spot buys) with consolidation of recurring tail transactions into a streamlined single-supplier solution. Named 2025 3M Supplier of the Year for Indirect Procurement.
• EPIC E-Procurement Platform Hosted punchout catalog e-procurement platform with over 2.5 million items, built-in workflow approval processes, and direct integrations with member ERP systems in standard formats. Acquired via DSSI in July 2024.
• Aether Packaging Optimization Analytical packaging solution using historical data and virtual simulation (replicating the customer's WMS logic) to identify optimal box dimensions. Proprietary algorithms account for freight costs, material costs, and physical constraints to reduce dimensional weight shipping costs and improve sustainability.
• IMA Master Data Management Software AI-augmented software and data solutions for MRO inventory management. Includes MRO data cleansing, governance, categorization, and normalization supported by a database of 30 million parts. Acquired via IMA, Ltd. in January 2025.
• Spend Analytics Dashboards Proprietary spend analytics platform included free with membership. Provides 360-degree visibility into spend, savings tracking by supplier and category, KPI monitoring, benchmarking against market prices, and SKU consolidation insights.
• Integrated Freight & Logistics GPO Integrated freight and logistics group purchasing program combining freight, small parcel, and cost savings services into one platform. Leverages benchmarking data from over 100 million annual truckload shipments, with typical savings of 10-20% for members.
• Virtual Integrator Integration solution enabling connection between Procure Analytics systems and member ERP/e-procurement platforms for seamless data flow and process automation across heterogeneous enterprise environments.
• MRO Master Data Services Service offering that performs MRO master data management including vendor, item, and price file cleansing, normalization, categorization, and validation for member companies.
• Value Add / Value Engineering (VA/VE) Packaging Services Packaging optimization services using AI and genetic algorithms to improve sustainability, reduce carbon footprint, optimize material use, and redesign packaging for cost efficiencies.

Quantifiable outcome

• 8-20%+ aggregate savings on indirect spend categories
• +7 more outcomes

Named customers20 records

Segments9 records

Ideal customer profiles4 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration3 records

AI capability9 records

Feature5 records

Partnerships

Eight partnerships are on record, tiered core and minor.

• Seaforth Analytical ServicescoreStrategic or Co-development Partner · 11 June 2025Acquired June 2025, Seaforth Analytical Services expands Procure Analytics' AI-powered spend management capabilities. Transaction strengthens the company's data analytics and spend intelligence offerings for manufacturing and industrial clients.
• IMA, Ltd.coreStrategic or Co-development Partner · 21 January 2025Acquired January 2025, IMA is an AI-augmented software and data solutions provider specializing in MRO inventory management and master data transformation. Founded in 1989, IMA brings proprietary technology with a database of 30 million parts and expertise in MRO data cleansing and governance. Strengthens Procure Analytics' data-enabled procurement services with AI-powered MRO data quality capabilities.
• DSSI, LLC (Direct Sourcing Solutions, Inc.)coreStrategic or Co-development Partner · 30 July 2024Acquired in July 2024, DSSI is a managed procurement services provider expanding Procure Analytics' tail spend management capabilities through Amicus. Brings over 100 procurement professionals, hosted punchout catalog (EPIC) with 2.5M+ items, and access to Mexico and 14 European markets with dedicated teams in Michigan, Kentucky, Mexico, and Slovakia. Covers chemicals, gases, welding supplies, repair services, OEM parts, and capex sourcing.
• Atlantic PackagingminorOthersPackaging GPO program supplier providing corrugated materials, cartons, and packaging supplies to members.
• PregisminorOthersPackaging GPO program supplier providing protective packaging, bubble wrap, and specialty packaging solutions.
• FastenalcoreOthersPrimary MRO program supplier providing general industrial supplies, vending solutions, and FASTBin electronic inventory management. Featured extensively in case studies as key supplier for MRO programs across multiple customer engagements.
• StaufferminorOthersSafety glove supplier in MRO program for industrial and manufacturing customers.
• TransImpactminorOthersSmall parcel optimization partner helping members reduce shipping costs and expand carrier access.

Scale indicators8 records

Recent moves6 records

Expansion highlights5 records

Broad incumbents

• Coupa Software: Coupa is a broad spend management platform that includes indirect procurement, tail spend analytics, and supplier management - functionally overlapping with Procure Analytics' Amicus, EPIC, and spend analytics offerings, though larger and platform-led rather than GPO-led.
• SAP Ariba: SAP Ariba is the incumbent indirect procurement network, offering catalog/punchout, supplier management, and analytics used by many enterprises Procure Analytics targets. It competes for the same indirect spend wallet at larger enterprise scale.
• Vizient: Vizient is the largest healthcare GPO, structurally analogous to Procure Analytics as a GPO plus analytics/consulting model that monetizes supplier-admin fees and analytics services across a member base, though focused on healthcare rather than MRO/industrial.
• Premier Inc: Premier operates a healthcare GPO plus supply chain analytics and consulting, directly comparable to the GPO+analytics+services operating model Procure Analytics has built, with a similar aggregated-member spend and savings claim structure.
• Grainger: Grainger is the largest MRO industrial distributor in North America with its own KeepStock inventory, vending, and procurement integration capabilities, competing head-to-head with Procure Analytics' MRO GPO program on member MRO spend routing.

Direct peers

• Jaggaer: Jaggaer provides sourcing, supplier management and spend analytics solutions for direct and indirect procurement, directly comparable to the technology stack Procure Analytics layered together through Amicus, EPIC, IMA, and Seaforth acquisitions.
• Ivalua: Ivalua offers a unified source-to-pay platform with spend analytics, supplier management, and tail spend capabilities, putting it in direct competition with the analytics and indirect-procurement tooling Procure Analytics is assembling through its acquisitions.
• GEP: GEP combines procurement technology (GEP SMART) with managed procurement services and sourcing advisors - mirroring Procure Analytics' GPO-plus-services-plus-tech positioning, including indirect category expertise and managed services delivery.

Others

• Fastenal: Fastenal is both a major GPO supplier partner to Procure Analytics and an indirect competitor via its FASTBin vending and on-site inventory programs that large manufacturers can engage directly, positioning it as an adjacent incumbent in the same MRO category.

Emerging players

• SpendHQ (a ProcureAbility company): SpendHQ is a spend analytics and category intelligence platform that overlaps directly with Procure Analytics' proprietary analytics dashboards and benchmarking capabilities, particularly for indirect tail spend visibility.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks3 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/procure-analytics
• Xx.com/procureanalytic

Revenue estimate

Valuation estimate

Number of profiles

Profiles4 records

Subsidiaries3 records

Funding overview

Funding rounds1 record

Investors1 record

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A3 records

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Procure Analytics