# ProcurementIQ Reviews
**Vendor:** ProcurementIQ  
**Category:** [Accounts Payable (AP) & Spend Analysis Software](https://www.g2.com/categories/accounts-payable-ap-and-spend-analysis)  
**Average Rating:** 4.2/5.0  
**Total Reviews:** 3
## About ProcurementIQ
Drive tangible value through cost avoidance and improved speed to market




## ProcurementIQ Reviews
  ### 1. Best Platform to ease your Procurement

**Rating:** 4.0/5.0 stars

**Reviewed by:** Prakash Gupta K. | Manager, Enterprise (> 1000 emp.)

**Reviewed Date:** January 08, 2023

**What do you like best about ProcurementIQ?**

Dynamics and suggestions on when to procure based on market analysis.

**What do you dislike about ProcurementIQ?**

Though the indications are well but the KPI analysis still has some room to get improvements

**What problems is ProcurementIQ solving and how is that benefiting you?**

We leveraged ProcurementIQ to manage our entire Procurement cycle to reduce the time and cost of the procurement.

  ### 2. Good tool for procurement professional

**Rating:** 3.5/5.0 stars

**Reviewed by:** Vinoth K. | Senior Logistics Engineer, Mid-Market (51-1000 emp.)

**Reviewed Date:** January 12, 2023

**What do you like best about ProcurementIQ?**

Easy GuI with good visual with insights good for negotiation

**What do you dislike about ProcurementIQ?**

Need to improve the list of takeaways in tool

**What problems is ProcurementIQ solving and how is that benefiting you?**

Good to negotiation, we can use price forecasts to see what’s up ahead in your market.

  ### 3. i have experience of using it for 3 years

**Rating:** 5.0/5.0 stars

**Reviewed by:** Jean Bosco H. | Store keeper and Bills Assistant, Small-Business (50 or fewer emp.)

**Reviewed Date:** December 27, 2022

**What do you like best about ProcurementIQ?**

Quick response for tendering and handling different customers' objections and complaints.

**What do you dislike about ProcurementIQ?**

Sometimes procurement lacks accuracy, privacy and secrecy and transparency.

**What problems is ProcurementIQ solving and how is that benefiting you?**

low processing and responding, but those problems were solved by procurementIQ



- [View ProcurementIQ pricing details and edition comparison](https://www.g2.com/products/procurementiq/reviews?section=pricing&secure%5Bexpires_at%5D=2026-05-16+08%3A41%3A28+-0500&secure%5Bsession_id%5D=8fe92ea6-a492-4dfc-967f-1b9172a66041&secure%5Btoken%5D=30f3b5e19fa726212b056231f6a7c5382f3e976f0bc1b9876bb2d0f7590033b5&format=llm_user)

## ProcurementIQ Features
**Data Management**
- Consolidation
- Classification
- External Sources
- Integration
- Cleaning

**Agentic AI -  Accounts Payable (AP) and Spend Analysis**
- Decision Making

**Analytics**
- Benchmarking
- KPIs
- Compliance
- Errors

**Recovery**
- Historical payments
- Overpayments

**AP Data Processing**
- Workflows
- Transparency
- Controls

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