Predictive Execution
Is finding the time to execute on your procurement strategy becoming a challenge?
Arkestro Predictive Procurement Execution takes your next best step with real-time & actionable recommendations.
What you’ll love about Predictive Execution
Create competitive context
Machine learning, game theory, and data science not only uncover more opportunities but motivate suppliers to be more competitive
Quickly manage exceptions
Anomaly detection acts to resolve issues so you don’t waste your precious time managing exceptions
Automate the ordinary
Automatic price and supplier validation on every requisition, based on your best buying decisions, ensures optimal spend
“One of the challenges that we’ve had in categorizing our spend is taking on static, preferred supplier agreements to drive pricing down. Arkestro empowers us to automate and accelerate the bidding process, speeding delivery of preferred supplier agreements to different businesses.”
Frank Battino
Director of Procurement & Logistics Services, Holman
How We Execute
Autonomous purchasing
Arkestro embeds within your system to automatically validate both supplier and price for every requisition. If it looks good, it can be automatically approved so you don’t waste time on low-value tasks.
Price recommendations
Machine learning, behavioral science and game theory are applied to your sourcing event before it even begins. This insight determines which suppliers should be included and the price you should pay getting you the results you want faster.
Price recommendations
Machine learning, behavioral science and game theory are applied to your sourcing event before it even begins. This insight determines which suppliers should be included and the price you should pay getting you the results you want faster.
Supplier ranking and feedback
Keep your supplier engaged by letting them know where they stand in a sourcing event. When they aren’t near the top, Arkestro creates instant, dynamic feedback for the supplier, letting them know what they need to get ahead.
Without Arkestro
Purchase requests can take weeks or months for approval – even for regular recurring costs
Starting from scratch and hoping you get the best price every time
Negotiations waste time with the constant back and forth, not to mention the waiting, it’s frustrating for both sides
VS
With Arkestro
Every transaction is validated, resulting in auto-approvals, running events or flagging exceptions – saving you the busy work
Start where you want to end with an anchor price, telling the supplier up front what you want
Automating processes allows you to do more across all areas of spend
Continue the journey
Learn how it happens with PPO
Learn how to create effective strategies with Predictive Insights
Want to learn more?
Talk to an expert on how Arkestro can help you drive better outcomes, faster, at scale.
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Want to learn more?
Talk to an expert on how PPO can help you drive better outcomes, faster, at scale.
Recognized by