Team Procure

What Is Team Procure?

Team Procure is procurement management software for managing purchasing and sourcing processes. The platform starts with purchase requisitions, which it routes through configured approval workflows. It can then convert approved requests into purchase orders and link those orders with invoices, bills, and goods receipts. Team Procure also runs RFQs by inviting suppliers, scheduling tenders, and comparing bids through a pricing matrix.

The software manages supplier records, onboarding documents, performance data, and supplier communications through its supplier portal. It assigns purchases to projects and budgets and provides spending alerts when configured limits are reached. Team Procure then organizes granular spending data into customizable reports and audit trails. It also provides permission controls through custom roles, locations, and module-level access.

What Is Team Procure Best For?

Its standout feature is ‘Purchase Requisition’ management, centralizing the creation, customization, prioritization, and tracking of purchase requests. Its configurable approval workflows route requests based on project or department, while custom forms, file attachments, and instant notifications keep relevant purchasing information connected to each request. This gives teams a structured way to manage requisitions from submission through approval.

How Much Does Team Procure Cost?

Team Procure pricing starts at $250/month for the Procurement Suite, with features like Purchase Requisition (PR) and Purchase Order (PO) Management, Supplier Management, reporting, and more.

The software also comes with three additional plans as well, including:

• Supplier Portal - $500/month
• RFQ - $500/month
• SourceBid - Custom pricing

The price range below is an estimate for budgeting purposes only:

• Implementation And Onboarding:$1,000–$7,500/one-time - Procurement workflow configuration, approval rules, supplier setup, and administrator training
• Data Migration And Supplier Setup:$500–$5,000/one-time - Importing supplier records, purchasing data, product information, and historical procurement records
• Integrations And API Configuration:$1,500–$10,000/one-time - Connecting accounting, ERP, financial, or other business systems and configuring data synchronization
• Advanced Sourcing And eAuction:$1,000–$8,000/year - Additional capabilities for competitive bidding, eAuctions, supplier comparisons, savings analysis, and advanced sourcing workflows

Disclaimer: The pricing is subject to change.

Team Procure Integrations

The software seamlessly integrates with QuickBooks.

How Does Team Procure Work?

Here is how you can get started with Team Procure:

• Log in to access the procurement platform and navigate its purchasing and sourcing functions
• Configure roles and permissions to control access to system modules and locations
• Set up purchase request forms with custom fields to capture required purchasing information
• Configure approval workflows based on projects, departments, and other purchasing criteria
• Invite users and suppliers to participate in purchasing, approval, and supplier management workflows
• Create and manage purchase orders from approved requests and link them with invoices, bills, and goods receipts
• Monitor procurement activity through budgets, RFQs, supplier records, and spend reports to track purchasing and sourcing processes

Who Is Team Procure For?

Team Procure software serves a wide range of industries, including:

• Construction
• Automotive
• Manufacturing
• Education
• Healthcare
• Technology
• Food service

Team Procure Use Cases

Based on our analysis of Team Procure’s capabilities, we have identified key scenarios where the software is a good fit for organizations managing purchasing, sourcing, and supplier operations:

Managing Procurement Across Construction Projects

A construction company managing multiple projects may need to track suppliers, project budgets, deliveries, and schedules across different locations. Without a centralized procurement process, project teams may have difficulty keeping these purchasing and delivery details aligned. The software's project tracking capabilities allow teams to monitor project progress alongside deliveries, budgets, and schedules. Its project-based budgeting also lets teams allocate budgets by project and track purchasing against those allocations.

Managing Raw Material And Subassembly Procurement

An automotive company sourcing raw materials and subassemblies may need to coordinate purchase requests, suppliers, and product information across multiple projects and departments. Disconnected purchasing processes can make it difficult to route requests, manage approved suppliers, and monitor vendor performance. Team Procure's Purchase Requests feature centralizes requests and approvals, while Supplier Onboarding provides a single platform for managing suppliers and tracking their performance. Its Product Management capability organizes products and services so they can be readily ordered.

Preventing Production Delays From Low Inventory

A manufacturing company may risk missing production deadlines when critical materials or inventory items run low across its warehouses. Teams may also need a central way to identify which items require attention before placing new orders. The platform's Inventory Management feature tracks inventory items across warehouses and supports reordering when stock reaches critical levels. Its Critical Items repository also keeps important items centralized for easier ordering.

Managing Medical Supply Availability

A healthcare organization may need to coordinate medical supply purchasing across multiple departments while monitoring product availability and delivery times. Delays in acquiring required supplies can disrupt the procurement process and make it harder to maintain consistent availability. Team Procure's Custom Products feature provides a centralized catalog for frequently used items and supports reordering as needed. Its supplier management capabilities also provide a single system for tracking suppliers involved in the purchasing process.

Is Team Procure Right For You?

Are you looking for procurement software that connects purchasing, sourcing, supplier management, and spend analysis in one platform? Team Procure addresses disconnected purchasing workflows and approval bottlenecks by centralizing requests, purchase orders, supplier data, and approvals.

The platform references compliance with the General Data Protection Regulation (GDPR) when processing personal data and requires users to comply with applicable data privacy regulations.

For security and scalability, it uses account access controls and security keys, while its cloud-based architecture supports additional users and workflows as business needs grow.

Still not sure if Team Procure is right for you? Contact our customer support team at (661) 384-7070, who will help you make the best decision.