[
ORO Labs Reviews
](https://www.g2.com/products/oro-labs/reviews)

[
ORO Labs Reviews
](https://www.g2.com/products/oro-labs/reviews)

# ORO Labs Features

##### 
## Management (4)

Approval

Use criteria to add or remove suppliers to/from approved lists.

Communication

Manage communications with suppliers on multiple channels such as phone or email.

Documents

Capture and maintain documents related to suppliers and their products or services.

Receipt of Goods

Compare goods received with purchase orders and document variations

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##### 
## Planning (4)

Processses

Manage workflows and business processes for procurement.

Contracts

Provide standard procurement contracts that can be customized.

Content

Maintain a repository of content such as catalogs and other documents.

Requisition

Define requisition rules for various types of procurement

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##### 
## Invoice Management (3)

Capture

Provide features to capture and record invoices, such as import or scanning

Supplier Portal

Allow suppliers to submit invoices using an online portal

Repository

Deliver a central repository of AP documents, such as POs and invoices

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##### 
## Supplier Management (3)

Evaluation

Allows users to evaluate supplier performance using standard and custom KPIs.

Selection

Provide features to compare suppliers and choose the best option for various activities.

Risk Management

Identify potential issues and how they may impact relationships with suppliers.

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##### 
## Execution (3)

Sourcing

Identify and assess suppliers for different products and services.

Purchasing

Electronically create and manage purchase orders for products and services.

Invoicing

Include features for procurement invoicing and e-invoicing.

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##### 
## Invoice Processing (5)

Matching

Ability to match AP invoices to POs, contracts, or payments

Payments

Identify incomplete or late supplier payments

Workflows

Include workflows for approvals and invoice processing

Tax Compliance

Comply with local and global tax regulations for collections

Submittal

Electronically submit invoices to buyers

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##### 
## Supplier Information (3)

Profiles

Create and manage supplier profiles that include contact and pricing information.

Qualifications

Identify the services and products provided by suppliers, as well as certifications.

History

Track history of all interactions and business transactions with suppliers.

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##### 
## Analytics (5)

Visibility

Improve visibility into procurement activities across the company.

Performance

Monitor the performance of procurement operations

Spend

Analyze procurement spending and identify future trends.

Due Dates

Track invoices based on due dates to identify overdue payments

KPIs

Monitor KPIs such as time to process an invoice or erroneous payments

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##### 
## Integration (4)

Accounting

Provide integration with accounting and financial management software

Payments

Integrate with payment gateways and enterprise payments software

ERP

Deliver integrations with accounting modules of ERP systems

Procurement

Allow integration with procurement software, such as Procure To Pay, RFP and Spend Management

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##### 
## Purchase Requisition and Approval Workflow - Procurement Orchestration (3)

Notifcations

Notifies users of pending approvals with alerts and notifications

Workflows

Allows for predefined approval workflows based on roles, departments, or spending limits

Purchase Orders

Automates the creation, submission, and approval of purchase requisitions

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##### 
## Supplier Management - Procurement Orchestration (3)

Tracking

Monitors supplier compliance to guidelines and standards while also managing risks

Onboarding

Provides tools for suppllier onboarding and assessing their performance

Database

Maintains a repository for storing and organizing supplier details

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##### 
## Spend Management - Procurement Orchestration (2)

Analysis

Uses tools for examining expenditures and generation reports to identify trends

Visibility

Provides real-time insight into procurement costs within categories, departments or projects

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##### 
## Compliance and Risk Management - Procurement Orchestration (3)

Risk Assessment

Uses risk assessment tools for identifying potential supplier or contract risks

Compliance

Automates the enforcement of procurement policies, regulatory requirements, and compliance checks

Audits

Creates audit trails and reporting for transparency and accountability

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##### 
## Workflow Automation - Procurement Orchestration (3)

Routing

Provides onditional routing for purchase approvals, contract reviews, and supplier selection

Configuration

Allows for flexible workflow configurations to suit specific business needs

Approvals

Adjusts approval processes based on project, department, or spending thresholds

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##### 
## Agentic AI - Procurement Orchestration (1)

Autonomous Task Execution

Capability to perform complex tasks without constant human input

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##### 
## Agentic AI - Purchasing (2)

Proactive Assistance

Anticipates needs and offers suggestions without prompting

Decision Making

Makes informed choices based on available data and objectives

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## Top-Rated Alternatives

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Zip

4.6/5

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](https://www.g2.com/products/zip-2024-02-26/reviews)

[

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[

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4.2/5

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[
View All Alternatives
](https://www.g2.com/products/oro-labs/competitors/alternatives)

ORO Labs Comparisons

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Zip

4.6/5

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SAP Ariba

4.1/5

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Tonkean

4.6/5

(30)

[
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##### Categories on G2

[
Purchasing
](https://www.g2.com/categories/purchasing-software)[
Procurement Orchestration
](https://www.g2.com/categories/procurement-orchestration)

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