What Artikos does

Artikos is a Chilean enterprise software company that operates a cloud-based Supplier Relationship Management (SRM) platform connecting large enterprises with their suppliers from quotation through payment. Founded in 1999 by Banco de Chile and BCI and acquired by the Cámara de Comercio de Santiago in December 2024, the platform integrates seven functional modules — supplier registration and evaluation, strategic sourcing (purchasing and bidding), contract management, electronic invoicing, intelligent invoice administration, purchase order integration, and a self-service supplier portal — into a single workflow. The company serves more than 250 large enterprise clients (mandantes), primarily in Chile's mining, financial services, healthcare, and retail sectors, and processes approximately $3 billion in invoices and 3+ billion documents per month with a claimed 99.99% uptime. Notable named customers include Antofagasta Minerals, Minera Los Pelambres, Minera Centinela, Minera Antucoya, Minera Zaldívar, and FCAB, and the platform holds ISO 27001:2022 certification for information security.

The technology stack is differentiated by AI-powered document processing: generative AI interprets any purchase order format — including PDFs, images, scanned documents, and photographs — without predefined templates, understanding visual layout and contextual field meaning before a validation engine checks totals, item sums, RUT existence, dates, and discount consistency. Anomaly detection capabilities flag duplicate invoices, documents without matching purchase orders, and improperly validated factoring rolls. The platform integrates with major ERP systems and with sister CCS subsidiaries RedNegocios (an 8,000+ supplier network), Ecert (electronic signatures), and Rindegastos (expense reporting with 150,000 users across 22 countries).

Artikos monetizes through three revenue streams: annual SaaS subscriptions priced per company size and modules selected, BPO (Business Process Outsourcing) services for procurement and bidding on a per-event basis, and transaction-based fees on processed electronic documents. The go-to-market is sales-led, relying on direct enterprise engagement with custom demonstrations, ERP-tailored implementations, and personalized support, while suppliers access the platform through a self-service portal model. Pricing is quote-based and not publicly disclosed.

Name

Artikos

Legal name

Artikos

Website

https://artikos.cl

Company type

Private

Founded year

1999

Operating status

Operating

Headcount range

51–100 employees

Short description

Artikos is a Chilean cloud-based Supplier Relationship Management platform serving 250+ large enterprises across mining, financial services, healthcare, and retail, integrating supplier registration, sourcing, contracts, electronic invoicing, and invoice administration into one suite. Now a subsidiary of the Cámara de Comercio de Santiago.

Ownership category

akta.pro rank

Product category

Supplier Relationship Management Software

NAICS

Software Publishers (51321)

SIC

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

akta.pro primary industry

Supplier Relationship Management (SRM) & Performance Support (BPAAAJAH)

akta.pro secondary industries

Invoice Processing & 2/3-Way Match Support (BPAAAJAG), Sourcing Support & RFx Administration (RFI/RFP/RFQ) (BPAAAJAC), Vendor Master Data Management & Onboarding (BPAAAJAB), Catalog & eProcurement Enablement (Punchout, Item Master) (BPAAAJAI)

Keywords

• Supplier relationship management
• Electronic invoicing software
• Procurement platform
• Contract management software
• Purchase order automation

Headquarters

HQ city

Santiago

HQ country

Chile

HQ region

Latin America

Offices1 record

Markets served

GTM type

B2B

Offering type

Software

Cost components

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

Revenue model

1. SaaS Platform Subscription: Annual subscription model for access to SRM platform modules including supplier registration, strategic sourcing, contract management, and invoice administration. Pricing based on company size and modules selected.
2. BPO Services: Outsourcing services for procurement and bidding processes executed on behalf of client companies, applying 15+ years of expertise. Charged per event without fixed costs or permanent commitments.
3. Document Processing Volume: Revenue generated through processing electronic documents including invoices and purchase orders. Currently processes $3 billion annually in invoices.

Pricing tiers

Go-to-market motion1 record

Distribution channels3 records

Marketing channels5 records

Core offering

Artikos provides a cloud-based Supplier Relationship Management (SRM) platform for large enterprises in Chile, connecting companies with their suppliers from quotation to payment through an integrated suite of modules: supplier registration and evaluation, strategic sourcing (purchasing and bidding), contract management, electronic invoicing, invoice administration, purchase order integration, and a supplier portal. The platform also offers BPO services for procurement outsourcing and uses AI-powered document processing to automate purchase order and invoice workflows.

Product overview

Artikos offers a unified SRM (Supplier Relationship Management) platform consisting of an integrated suite of modules covering the complete supplier lifecycle: Supplier Registration and Evaluation, Strategic Sourcing (Purchasing and Bidding), Contract Management, Electronic Invoicing, Invoice Administration, Purchase Order Integration, and a Supplier Portal. The platform is designed for large enterprises in Chile, enabling management of the entire relationship with suppliers from quotation to payment.

Differentiator

Problem solved

Functional benefit

Products and services

• Artikos SRM Platform The comprehensive Supplier Relationship Management (SRM) platform for Chile connecting large enterprises with their suppliers from quotation to payment, integrating purchases, tenders, contracts, and invoicing into a single ecosystem.
• Registro y Evaluación de Proveedores (Supplier Registration and Evaluation) Module for centralizing supplier and contractor information, controlling compliance, reducing risks, and ensuring operational continuity through evaluation and segmentation based on service criticality.
• Abastecimiento Estratégico (Strategic Sourcing) Module encompassing purchasing and bidding/tender management, plus BPO services for procurement outsourcing, enabling companies to manage entire purchasing and tendering processes from a single platform.
• Gestión de Contratos (Contract Management) Module for centralized creation, tracking, and administration of all supplier agreements, including contract generation with templates and variables, and contract administration with alerts for renewals and guarantees.
• Factura Electrónica (Electronic Invoicing) Electronic invoicing solution allowing companies to issue Electronic Tax Documents (DTE) according to SII regulations, with guaranteed 99.5% uptime and personalized technical support.
• Administrador de Facturas (Invoice Administration) Intelligent invoice control module automating validation, reception, and reconciliation of supplier invoices with purchase orders and reception documents, reducing errors and aligning payments.
• Portal de Proveedores (Supplier Portal) Self-service portal where suppliers can participate in key processes including tenders, receive purchase orders, track invoices, and submit contractor documentation.
• Integración de Órdenes de Compra (Purchase Order Integration) Service designed to automate the reception and processing of Purchase Orders from healthcare sector suppliers, integrating orders directly into the supplier's sales system with data homologation and monitoring.

Quantifiable outcome

• 99.99% operational uptime
• +4 more outcomes

Named customers6 records

Segments5 records

Ideal customer profiles3 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration2 records

AI capability4 records

Feature5 records

Partnerships

Three partnerships are on record, tiered core.

• RedNegocioscoreTechnology or IntegrationBoth Artikos and RedNegocios are CCS subsidiaries. The partnership integrates Artikos' strategic sourcing modules (purchasing and bidding) with RedNegocios' network of 8,000+ registered and monitored suppliers. Artikos clients can access pre-qualified suppliers, review accredited documentation online, and invite reliable suppliers to purchasing or bidding processes directly from the platform.
• RindegastoscoreTechnology or IntegrationRindegastos is a leading expense reporting platform in Chile and Latin America with 6,000+ companies and 150,000 active users across 22 countries. The integration connects expense reporting to the supplier management flow in Artikos, allowing approved expenses to be automatically accounted for in Artikos and integrated into the global supplier management process.
• EcertcoreTechnology or IntegrationEcert, another CCS subsidiary, provides advanced electronic signature capabilities. Integration allows companies using Artikos to create, approve and sign contracts with suppliers within the platform, with full legal validity and complete traceability.

Scale indicators9 records

Recent moves7 records

Expansion highlights6 records

Direct peers

• Ivalua: Unified procurement and SRM platform with strong sourcing, contract and supplier-management capabilities. Direct competitor with comparable modular SaaS architecture and enterprise customer focus.
• Coupa Software: Cloud-native spend management and SRM platform. Competes head-to-head with Artikos on supplier management, invoicing and procurement modules, and has been actively localizing for Latin American markets.
• GEP Worldwide: Procurement and supply chain software plus managed services. Direct competitor with comparable enterprise SRM, sourcing and supplier management offerings, including BPO-like services similar to Artikos's outsourcing component.
• SAP Ariba: Global market-leading SRM and procurement platform from SAP. Directly competes with Artikos in the supplier-relationship-management category, including sourcing, contract management and invoice automation, though typically at larger multinational enterprises.
• Jaggaer: End-to-end SRM and procurement suite covering sourcing, contract management and supplier risk. Direct competitor to Artikos with overlapping functional modules and a similar enterprise target market.

Broad incumbents

• Oracle Procurement Cloud: Procurement and SRM capabilities delivered as part of Oracle's broader Fusion ERP suite. Competes with Artikos for enterprise procurement budgets, especially among customers already running Oracle ERP in Chile and Peru.
• Workday: Cloud ERP and spend management vendor with procurement modules. A broader incumbent than Artikos, but increasingly overlapping in supplier management and contract lifecycle for large enterprises.

Emerging players

• Odoo: Open-source ERP suite with procurement and supplier modules. Competes with Artikos at the lower end of the Chilean and Latin American mid-market where Artikos does not primarily focus but increasingly overlaps.
• Achilles Group: Supplier pre-qualification, risk and compliance platform. Overlaps with Artikos's supplier registration and evaluation module, particularly relevant in mining and infrastructure where Artikos is strongest.

Regional players

• Bind: Latin American spend management and corporate card platform with procurement workflows. A regional rather than global SRM peer that overlaps with Artikos's expense-reporting and supplier-payment adjacencies.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks5 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/artikos
• Xx.com/artikos

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

Profiles3 records

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 Artikos