---
title: GenLots Reviews
meta_title: 'GenLots Reviews 2026: Details, Pricing, & Features | G2'
meta_description: Filter reviews by the users' company size, role or industry to find
  out how GenLots works for a business like yours.
date_modified: '2024-10-06'
parent_category:
  name: Procurement
  url: https://www.g2.com/categories/procurement
---


# GenLots Reviews
**Vendor:** GenLots  
**Category:** [Purchasing Software](https://www.g2.com/categories/purchasing-software)
## About GenLots
GenLots developed at ETHZ, is an artificial intelligence company that discovered the optimal way to place an industrial company’s orders through time, based on its material requirements forecasts, while accounting simultaneously for all relevant factors (perishability, lead times, storage, etc.). It minimizes supply chain costs, allowing up to 40% reduction on inventory values and order costs per material.






- [View GenLots pricing details and edition comparison](https://www.g2.com/products/genlots/reviews?open_modal_url=%2Fproducts%2Fgenlots%2Fwishlists%3Fhost_path%3D%252Fproducts%252Fgenlots%252Freviews%26source%3Dsticky_header_pin&section=pricing&secure%5Bexpires_at%5D=2026-08-09+21%3A26%3A49+-0500&secure%5Bsession_id%5D=5b632007-0b1d-47ce-87ce-a92f964792c2&secure%5Btoken%5D=8db0fe05fd04f5683874f07adef2b328a05ff5014212f0fe41fb576918d7bd90&format=llm_user)

## GenLots Features
**Management**
- Approval
- Communication
- Documents
- Receipt of Goods

**Planning**
- Processses
- Contracts
- Content
- Requisition
- Customizable Templates

**Invoice Management**
- Capture
- Supplier Portal
- Repository

**Supplier Management**
- Evaluation
- Selection
- Risk Management
- Inventory Management
- Vendor Management
- Workflow Management
- Compliance Management
- Purchase Order Management
- Requisition Management
- Bid Management
- Auction Management
- Sourcing Management
- Returns Management
- Fixed Asset Management
- Contract/License Management
- Supplier Management
- Spend Management
- Order Management
- Shipping Management
- Warehouse Management
- User Management
- Catalog Management
- Receipt Management

**Execution**
- Sourcing
- Purchasing
- Invoicing

**Invoice Processing**
- Matching
- Payments
- Workflows
- Tax Compliance
- Submittal
- Configurable Workflow

**Supplier Information**
- Profiles
- Qualifications
- History

**Analytics**
- Visibility
- Performance
- Spend
- Due Dates
- KPIs

**Integration**
- Accounting
- Payments
- ERP
- Procurement

**Agentic AI - Purchasing**
- Proactive Assistance
- Decision Making
- Budgeting/Forecasting

**Additional Functionality**
- Approval Process Control
- Collaboration Tools
- Reporting & Statistics
- Generative AI
- API
- Access Controls/Permissions
- Order Tracking
- Inventory Control
- AI Copilot
- Real-Time Analytics
- Spend Analysis
- Multi-Currency
- Audit Trail
- Real-Time Reporting
- Activity Tracking
- Search/Filter
- Spend Control
- Data Import/Export
- Alerts/Notifications
- Invoice Processing
- Receiving
- Document Storage
- Quotes/Estimates
- Accounting Integration
- Third-Party Integrations
- Multi-Location
- Expense Tracking
- Purchasing Reports
- Activity Dashboard
- Customizable Reports
- Real-Time Data

## Top GenLots Alternatives
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