Method Procurement Technologies, LLC

What Method Procurement Technologies, LLC does

Method Procurement Technologies, LLC (DBA "Method") is a dental-specific procure-to-pay SaaS platform founded in 2018 and headquartered in Carmel, Indiana. The company targets dental practices, Dental Support Organizations (DSOs), Group Purchasing Organizations (GPOs), and dental advisors, claiming a user base of 12,000+ dental professionals and $500M+ in cumulative orders processed through the platform. Method's core proposition is consolidating fragmented dental supply procurement—historically spread across 12+ supplier websites—into a single ordering, inventory, and analytics workflow, with vendor-agnostic pricing that preserves each practice's existing negotiated supplier terms.

The platform is cloud-based and operates via an authorized-agent architecture that retrieves pricing, availability, and order history from existing supplier websites on behalf of customers. It is organized into four core modules: Inventory Management (real-time tracking via barcode/QR scanning, with three methodologies—Scan to Cart, Reorder Tag System, and Scan to Track), Procurement (price comparison, approval workflows, three-way matching), Method Pay (AP automation with accounting-software integration), and Analytics & Reporting (spend visibility, formulary compliance, supplier performance). The product catalog covers 800,000+ dental SKUs, and Method claims SOC 2 Type I certification with a Type II audit in progress.

Method monetizes via per-location annual subscriptions with implementation services, sold through direct field sales (DSOs), inside sales (small/mid-market), and a partner referral network. The company is privately held, appears bootstrapped with no disclosed venture or private-equity funding, and operates with an 11–50 person headcount out of Carmel, Indiana. Customer logos span a wide range of dental organizations including NAK Dental Group, T Management, Dassel Dental, Rifkin Dental, Amazon, Aligned, Signature Dental Partners, and Bridge Dental, indicating broad distribution across the U.S. dental market.

Name

Method Procurement Technologies, LLC

Legal name

Method Procurement Technologies LLC

Website

https://methodusa.com

Company type

Private

Founded year

2018

Operating status

Operating

Headcount range

11–50 employees

Ownership category

akta.pro rank

Product category

Dental Procurement Software

NAICS

Software Publishers (5132)

SIC

Services-Prepackaged Software (7372)

akta.pro primary industry

Catalog & eProcurement Enablement (Punchout, Item Master) (BPAAAJAI)

akta.pro secondary industries

Procurement Systems Administration (ERP/P2P Tools Support) (BPAAAJAO), Spend Analytics & Reporting Support (BPAAAJAJ)

Keywords

• Dental procurement software
• Supply chain management
• Inventory management software
• Accounts payable automation
• Healthcare procurement platform

Headquarters

HQ city

Carmel

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Software

Cost components

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

Revenue model

1. Subscription SaaS: Dental-specific procurement platform subscription priced per location per year. Annual billing with setup handled by Method importing existing supplier relationships, negotiated pricing, and product catalogs. Additional revenue may come from professional services for implementation and training.

Go-to-market motion1 record

Distribution channels3 records

Marketing channels8 records

Core offering

Method Procurement Technologies operates a cloud-based procure-to-pay platform built specifically for dental practices, Dental Support Organizations (DSOs), and dental groups. The platform acts as an authorized agent that accesses supplier websites on behalf of customers to retrieve pricing, place orders, and manage inventory, while integrating price comparison, approval workflows, AP automation (Method Pay), and spend analytics.

Product overview

Method Procurement Technologies, LLC offers a dental-specific procurement platform built specifically for dental practices, DSOs (Dental Service Organizations), and dental groups. The platform is a unified procure-to-pay solution comprising four core modules: Inventory Management (real-time tracking, barcode scanning, reorder automation), Procurement (automated price comparison, supplier integration, approval workflows), Method Pay (AP automation with three-way matching), and Analytics & Reporting (spend visibility, formulary compliance, custom reporting). These modules work together as an integrated platform connecting inventory management, spend analysis, and payment processing. The platform also offers specialized inventory approaches including Scan to Cart, Reorder Tag System, and Scan to Track for different practice workflows. Additional tools include an ROI Calculator and Buyer's Guide for evaluating the platform. Method acts as an authorized agent for dental practices, accessing supplier platforms to retrieve pricing, place orders, and manage the complete procurement lifecycle.

Differentiator

Problem solved

Functional benefit

Products and services

• Method Platform Unified procure-to-pay platform connecting inventory management, spend analysis, and payment processing for dental practices and DSOs. Priced per location per year as a subscription SaaS.
• Inventory Management Module that enables dental practices to monitor stock levels across locations, receive low stock alerts, set automated reorder points, and supports scan-to-cart, reorder tag, and scan-to-track approaches for inventory management.
• Procurement Procurement module that automates price comparison across suppliers, manages supplier integration, handles purchase approvals with customizable workflows, and provides real-time spend visibility and reporting.
• Method Pay Accounts payable automation module that automates and controls payments, maintains accurate payment processes, prevents fraud and errors, and integrates directly with accounting software.
• Analytics & Reporting Spend analytics and reporting module providing real-time visibility into spending patterns, formulary compliance monitoring, supplier performance tracking, and customizable reports with drill-down capabilities for data-driven decisions.

Quantifiable outcome

• Average savings of $10,000+ per location per year
• +4 more outcomes

Named customers4 records

Segments5 records

Ideal customer profiles5 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature7 records

Scale indicators6 records

Recent moves6 records

Expansion highlights5 records

Direct peers

• Procurify: Procurify is a mid-market procurement and AP automation SaaS platform offering purchase orders, approvals, spend management, and supplier catalogs. Directly comparable to Method as a procurement-focused SaaS targeting SMB/mid-market with subscription pricing, although Procurify is horizontal while Method is dental-vertical.
• Order.co: Order.co is an AI-driven procurement platform that automates purchasing for SMBs and mid-market companies, with a model that integrates with supplier catalogs and consolidates ordering. Comparable to Method in subscription SaaS procurement for smaller organizations and in consolidating fragmented supplier ordering.
• Zip: Zip is a procurement orchestration SaaS that automates intake, approvals, and purchasing workflows for mid-market and enterprise. Comparable to Method's procurement and approval workflow capabilities, with similar emphasis on usability and cloud delivery, though Zip targets broader verticals.
• Planet DDS: Planet DDS provides cloud-based practice management and imaging software for dental practices and DSOs. Comparable to Method as a vertical SaaS serving dental practices and DSOs with subscription pricing, though focused on PMS/imaging rather than procurement and inventory.
• Open Dental: Open Dental is an open-source dental practice management software widely used by independent and small-group practices. Comparable to Method as a vertical software serving the same dental customer base with a focus on independent and small-group practices.

Broad incumbents

• Coupa Software: Coupa is a large enterprise procurement and spend management platform covering sourcing, P2P, invoicing, and analytics. Comparable to Method's procure-to-pay and analytics modules, but targets large enterprises across industries rather than specializing in dental or vertical SMB/mid-market segments.
• SAP Ariba: SAP Ariba is a leading enterprise procurement, sourcing, and supplier management platform. Comparable to Method's supplier integration and spend analytics capabilities, but serves global enterprises with much broader scope and significantly higher price points than Method's per-location dental subscription model.
• Henry Schein One: Henry Schein One is the technology arm of Henry Schein, offering practice management, marketing, and patient engagement software for dental practices. Comparable to Method as an established dental technology provider serving DSOs and group practices, with overlapping customer base though much broader portfolio.
• Patterson Dental: Patterson Dental is a major dental supply distributor and technology provider serving practices and DSOs across the US. Comparable to Method as a dental supply ecosystem player that interacts with the same customer base and supplier relationships that Method orchestrates, though Patterson operates as a distributor rather than procurement SaaS.

Emerging players

• Stampli: Stampli is an AP automation platform with AI-driven invoice processing and approval workflows. Comparable to Method's Method Pay module in automating accounts payable with three-way matching and supplier invoice management, though Stampli operates horizontally across industries.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks5 records

Key highlights6 records

Customer concentration

• Facebookfacebook.com/methodspend
• LinkedInlinkedin.com/company/method-dental-procurement/about
• Xx.com/methodspend

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds

Investors

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

M&A

Investments

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

Frequently asked questions about Method Procurement Technologies, LLC