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FactWise.io VS Procoto

Compare FactWise.io VS Procoto and see what are their differences

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FactWise.io logo FactWise.io

FactWise S2P optimizes procurement for product manufacturing companies globally. The platform provides transparency and insights to leaders, automates processes to improve efficiency, and drives bottom-line impact by unlocking savings potential.

Procoto logo Procoto

Procurement software for SMB
  • FactWise.io Landing page
    Landing page //
    2023-08-17

Our singular focus is to create a truly distinctive procurement platform that delights users and provides sustainable positive impact to the organizations we serve. We achieve this by providing transparency and insights to leaders, streamlining and automating processes to improve efficiency, and driving bottom-line impact by unlocking savings potential.
FactWise S2P is modular, and accounts for batch production, goods receival workflows and quality checks. Our current users find it very intuitive and efficient (create Rfxs <1min) and love the dynamic and historic insights into supplier performance it offers. Teams can start using FactWise with their data immediately, and if required, we can seamlessly integrate with ERP or other systems within the month. We are committed to generating win-win outcomes for buyers and suppliers globally.

FactWise serves global product manufacturing companies and private equities.

  • Procoto Landing page
    Landing page //
    2023-05-21

FactWise.io features and specs

  • Smart Supplier Recommendations: Obtain holistic supplier performance metrics and discover diverse, verified suppliers to negotiate win-win outcomes.
  • Customized Analytics : Receive dynamic and historic insights in a visually rich interface with graphs, heat maps and more, and customize your reports with just a few clicks.
  • Effortless RfX Creation : Create RfX in less than a minute with minimized dependence on Excel and receive smart warnings for concerns such as item duplication, price discrepancies.
  • AI Powered Negotiations : Optimize your TCO, negotiate with just 3 clicks, and quickly identify the most suitable vendor using smart filters and historic vendor performance data.
  • End-to-End Goods : Perform goods receival in less than a minute, perform unlimited quality checks, and update stakeholders with ease.
  • Seamless Payments : Automate three way matching to reduce errors, maximize DPO with smart notifications indicating due payments, and ensure you never overpay on purchase orders.

Procoto features and specs

No features have been listed yet.

Category Popularity

0-100% (relative to FactWise.io and Procoto)

FactWise.io

Procoto

Procurement And Purchasing
100 100%
Procurement And Purchasing
0% 0
Procurement
20 20%
Procurement
80% 80
Procurement Management
27 27%
Procurement Management
73% 73
Productivity
0 0%
Productivity
100% 100

User comments

Share your experience with using FactWise.io and Procoto. For example, how are they different and which one is better?
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Social recommendations and mentions

Based on our record, Procoto seems to be more popular. It has been mentiond 3 times since March 2021. We are tracking product recommendations and mentions on various public social media platforms and blogs. They can help you identify which product is more popular and what people think of it.

FactWise.io mentions (0)

We have not tracked any mentions of FactWise.io yet. Tracking of FactWise.io recommendations started around Aug 2022.

Procoto mentions (3)

  • Show HN: Procoto – Self-Service RFP Management
    It seems like some of the website links aren't working. ( About us -> https://procoto.com/about/ "Check whole website: http://procoto.com/ 100% scanned - 821/821 URLs checked, 437 OK, 384 failed Scan completed with 384 errors.". - Source: Hacker News / about 1 year ago
  • Show HN: Procoto – Self-Service RFP Management
    Thanks for letting me know. No issues on my end with uBlock and same deal with a few other users I asked to test. Just to confirm... You're referring to https://procoto.com? - Source: Hacker News / about 1 year ago
  • Strategic Sourcing
    Strategic Sourcing refers to a sourcing process that includes continuously applying new and different strategies. It is a procurement process to help the proper supply chain management. Procoto helps you by streamlining your source-to-contract process which includes automated bidding and analysis, centralize vendor management, and digital contracts and terms. Source: over 2 years ago

What are some alternatives?

When comparing FactWise.io and Procoto, you can also consider the following products

Zumen - Zumen's Source-to-Pay solution redefines procurement processes with a data-driven and strategic approach.

Sastrify - Sastrify is a leading SaaS Spend Management and Procurement Software. We discover, manage your SaaS licenses and negotiate the best prices on the market saving you 30% or more on your SaaS Stack.

Zycus Procure-to-Pay Solution - Zycus' Next Generation Procure-to-Pay Solution acts as a GPS for your P2P process. The P2P solution provides: Easy-to-use: Amazon-like shopping interface & Google-type search engine + Guided buying.

Procurelist - Make procurement as easy as shopping

DOKKA.com - The Future has Arrived: Accounting Process Automation

Current SCM - Procurement & materials management software

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