Title: Hi HN! Ryan and Michael here. We’re the founders of Procoto (<a href="https:&#x2F;&#x2F;procoto.com" rel="nofollow">https:&#x2F;&#x2F;procoto.com</a>). We help small and mid-sized companies organize their vendor rates, vendor contact info, and vendor contract terms.<p>Most growing companies find themselves juggling different systems&#x2F;spreadsheets and overspending with their vendors. Procoto replaces the multiple systems to become their central hub while identifying savings opportunities based on historic rates.<p>Why us? We come from the procurement world and spent time in 30+ procurement platforms as both vendors and users. But when we went to switch from spreadsheets to a centralized solution, we couldn’t find what we were looking for. Our only options were to stay in spreadsheets or to jump to a six-figure platform. We’d be forced to pay for more features than we needed in an outdated UI&#x2F;UX.<p>So we left to build Procoto for people like us – procurement pros at small and mid-sized companies (25-1000 FTEs) looking for a simpler, smarter way to manage their sourcing process.
We help our users get there in three ways:<p>Savings. By standardizing and leveraging historic pricing data, Procoto identifies savings opportunities to drive down third-party spend.<p>Automated Databasing. Every contract, vendor, and price point is systemically stored in Procoto.<p>Collaboration. Procoto fosters internal communication and collaboration across teams and remote workers. It’s not a tool built just for the procurement team. It delivers status updates and reporting to all stakeholders in the organization.<p>In short, we’re building the procurement solution we couldn’t find. What do you all think? We’d love your feedback. For any procurement pros out there, what would make your life easier?
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