Artificial Intelligence

ProSmart 3.0 introduces cutting-edge AI modules to revolutionize your procurement experience, delivering three core benefits:

1. Reduce Manual Effort: AI eliminates repetitive tasks in supplier vetting, tender analysis, tender opening, and tender preparation, cutting processing time significantly.

2. Smarter Decision Support: AI analyzes supplier proposals to provide actionable recommendations for vendor selection, risk mitigation, and cost optimization.

3. Proactive Compliance Guardrails: AI monitors regulatory changes and flags discrepancies, ensuring adherence throughout the procurement process.                                                                 

Our modular AI design allows organizations to adopt only the needed functions, seamlessly integrating with existing workflows.

 

 

AI Tender Generation 

  •  Automatically drafts tender specifications and documents by learning from historical tender records 
  • Ensures consistency while reducing 80%+ manual drafting time 

Proposal Summarization 

  • Intelligently extracts and summarizes supplier proposal content by scoring criteria 
  • Pinpoints relevant sections or pages for assessors with key term highlighting 

AI Tender Evaluation 

  • Conducts a rigorous evaluation of suppliers' technical proposals and commercial submissions against predefined tender specifications and evaluation criteria 
  • Generates an optimized supplier recommendation supported by detailed evaluation metrics and justifications for the selection decision 

Smart Tender Opening 

  • Validates document completeness during the e-tender opening 
  • Detects non-compliant content (e.g., pricing in technical proposals) 

Supplier Background Check 

  • Scans open sources such as news and annual reports for supplier risks (e.g., lawsuits, negative news, and sanctions) 
  • Alerts users to the risks with evidence links and comments 

AI Chatbot Assistant 

  • Provides instant responses to procurement-related queries such as procurement guidelines through natural language conversations 
  • Retrieves real-time information from system databases and documents (e.g., supplier expiration alerts)