What eProcure does

eProcure is a Melbourne-headquartered, private SaaS company that provides a web-based 360° procurement platform for public and private sector organizations across Australia and New Zealand. The platform covers the full procurement lifecycle, enabling organizations to produce and disseminate bid and tender requests, organize and expand supplier bases, and receive and evaluate tender submissions, with built-in security features specifically engineered for probity, auditability, and accountability — capabilities that align tightly with government and education-sector compliance requirements. The product is structured as two core offerings: a procurement software suite and a tender advertising service for publishing and managing tender notices, and is delivered as a cloud-based subscription accessed through the company's website with demo-driven enterprise sales engagement.

The company operates as a product within the Hubexo ecosystem (branded "A Hubexo Product"), leveraging Hubexo's broader procurement technology reach as a structural advantage. Its go-to-market is enterprise field sales targeting government (federal, state, local councils), education (universities), and to a lesser extent private enterprise, with named public customers including the City of Greater Geelong and Victoria University. The business model is SaaS subscription with quote-based pricing; revenue specifics, funding history, management team, and detailed ownership structure beyond the Hubexo parent relationship are not publicly disclosed. The company has no disclosed API, SDK, AI/ML features, patents, certifications, or third-party investment, indicating a focused, vertically specialized regional product rather than a venture-backed scale-up.

Name

eProcure

Legal name

eProcure

Website

https://eprocure.com.au

Company type

Private

Operating status

Operating

Headcount range

11–50 employees

Short description

eProcure is a Melbourne-based SaaS provider of a 360° procurement platform serving government, education, and private organizations across Australia and New Zealand, operating as a product within the Hubexo ecosystem.

Ownership category

akta.pro rank

Product category

Procurement Software

NAICS

Software Publishers (513210)

SIC

Services-Prepackaged Software (7372)

akta.pro primary industry

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

akta.pro secondary industry

Procurement Systems Administration (ERP/P2P Tools Support) (BPAAAJAO)

Keywords

• Procurement software
• Tender management
• Bid management
• Supplier management
• EProcurement platform

Headquarters

HQ city

Melbourne

HQ country

Australia

HQ region

Oceania

Offices1 record

Markets served

GTM type

B2B

Offering type

Software

Cost components

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

Revenue model

1. Procurement Software Subscription: SaaS-based procurement software subscription model providing access to the complete 360° procurement platform including bid management, supplier management, and submission evaluation capabilities.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels3 records

Core offering

eProcure provides a 360° cloud-based SaaS procurement platform that enables organizations to produce and disseminate bid, tender and procurement requests, organize and expand their supplier base, and receive and evaluate tender submissions. Built-in security features ensure probity, auditability and accountability. The offering comprises two core products: eProcure Procurement Software and eProcure Tender Advertising, trusted by hundreds of public and private sector clients across Australia and New Zealand.

Product overview

eProcure is a unified 360° procurement solution platform consisting of two core products: Procurement Software and Tender Advertising. The platform provides an innovative, cost-effective approach to managing all tasks involved in sourcing products and services, with built-in security ensuring probity, auditability and accountability. It enables users to produce and disseminate bid, tender and procurement requests, organise and expand supplier bases, and receive and evaluate tender submissions. The platform is trusted by hundreds of public and private clients across Australia and New Zealand.

Differentiator

Problem solved

Functional benefit

Products and services

• eProcure Procurement Software

Quantifiable outcome

• Smooth procurement system from planning to award
• +2 more outcomes

Named customers2 records

Segments3 records

Ideal customer profiles3 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature5 records

Partnerships

One partnership is on record.

• HubexocoreOtherseProcure is a product under Hubexo (formerly known as Hubexo). Hubexo is the parent company powering the eProcure platform. The partnership indicates eProcure's integration into a larger procurement technology ecosystem.

Scale indicators3 records

Recent moves4 records

Expansion highlights4 records

Broad incumbents

• Ivalua: Global procurement platform with source-to-pay capabilities including sourcing, supplier management, and contract management. Competes with eProcure in the broader procurement software market, particularly for mid-market and large enterprise buyers.
• Coupa Software: Global business spend management platform with sourcing, procurement, and supplier management capabilities. A broader incumbent whose procurement module overlaps with eProcure's bid/tender and supplier-management functionality.
• SAP Ariba: Global incumbent in eProcurement and spend management with broad P2P, sourcing, and supplier lifecycle coverage. Competes with eProcure for larger ANZ government and enterprise accounts where buyers demand deep ERP integration and global supplier networks.
• Jaggaer: End-to-end source-to-pay platform serving large public and private organisations with sourcing, supplier management, and contract management. Comparable as a broader incumbent offering overlapping bid-management functionality to enterprise and government buyers.

Direct peers

• VendorPanel: Australian procurement platform focused on local government and councils, providing supplier discovery and tendering workflows. Directly comparable to eProcure in target vertical (Australian local government), compliance-oriented functionality, and bid/RFx lifecycle coverage.
• TenderSearch: ANZ-focused tender advertising and procurement intelligence platform, cited alongside eProcure on the company's own site footer. Directly comparable as a regional tender-advertising peer serving Australian and New Zealand public-sector procurement.
• Periscope Holdings: Procurement and supplier-management platform serving public-sector and enterprise buyers with bid management and supplier qualification tools. Comparable to eProcure in regulated procurement workflows and supplier base organisation.
• BidNet (Sourcewell): US-based government procurement platform providing bid notification, document distribution, and supplier management to thousands of public agencies. Comparable in its vertical focus on government procurement and source-to-award workflows.
• TenderLink: Australia and New Zealand tender notification and management platform serving government agencies and suppliers. Comparable to eProcure's Tender Advertising product and the source-to-award workflow for ANZ public-sector buyers.
• Bonfire Interactive: North American vendor specialising in source-to-contract workflows including bid management, supplier management, and submission evaluation. Closely aligned with eProcure's core functional scope on bid/tender and submission evaluation.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat3 records

Key risks5 records

Key highlights6 records

Customer concentration

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 eProcure