Software Alternatives, Accelerators & Startups

Procurement Management Software VS Zinit

Compare Procurement Management Software VS Zinit and see what are their differences

Procurement Management Software logo Procurement Management Software

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Zinit logo Zinit

Zinit is a Dubai-based AI-powered B2B procurement platform that optimizes tail spend and helps enterprises cut costs by 15-30%.
  • Procurement Management Software Landing page
    Landing page //
    2023-10-11
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Zinit is a Dubai-based AI-powered B2B procurement platform that optimizes tail spend and helps enterprises cut costs by 15-30%. Operating in high-growth markets like India, Indonesia, and Malaysia, the company targets the $2T private enterprise procurement spend market with its 1-click cross-border procurement tech solution. This solution enables tenders to be completed 80% faster and boosts the process of winning bids for new suppliers by 50%. Founded by serial entrepreneurs Anton Buzdalin and Andrey Chernogorov, Zinit leverages their success with Bidzaar, a $15B GMV procurement leader in Eastern Europe. With plans to expand into Brazil, MENA, and Turkey, Zinit is redefining global procurement and making enterprise spending smarter, faster, and more transparent.

Procurement Management Software

Pricing URL
-
$ Details
-
Release Date
-
Categories -

Zinit

Website
zinit.com
$ Details
freemium $1.0 / Usage
Release Date
2022 December
Startup details
Founder(s)
Andrey Chernogorov, Anton Buzdalin

Procurement Management Software features and specs

No features have been listed yet.

Zinit features and specs

  • Procurement digitalisation
    Digitalised procurement, availability to post and get the best tenders

Category Popularity

0-100% (relative to Procurement Management Software and Zinit)
Procurement And Purchasing
Procurement
49 49%
51% 51
Supply Chain
43 43%
57% 57
AI
33 33%
67% 67

Questions and Answers

As answered by people managing Procurement Management Software and Zinit.

How would you describe your primary audience?

Zinit's answer:

Companies, Enterprises, CPO

What makes your product unique?

Zinit's answer:

This solution enables tenders to be completed 80% faster and boosts the process of winning bids for new suppliers by 50%.

Who are some of the biggest customers of your product?

Zinit's answer:

Uflex, L&T Financial Services, and Compass Group

Why should a person choose your product over its competitors?

Zinit's answer:

and targets the $2T private enterprise procurement spend market. Zinit focuses on optimizing tail spend, which represents 30% of procurement value and 80% of all transactions, yet is often overlooked by major players like SAP and Coupa who prioritize core spend. Its AI-driven approach fills this gap with its 1-click cross-border procurement technology, allowing companies to complete tenders 80% faster while enabling 50% of new suppliers to win bids. Zinitโ€™s success-fee business model ensures zero upfront risk, making it an attractive solution for enterprises seeking cost efficiency and agility.

What's the story behind your product?

Zinit's answer:

Founded by serial entrepreneurs Anton Buzdalin and Andrey Chernogorov, startup leverages their success with Bidzaar โ€” a leading procurement automation platform in Eastern Europe that connected over 1,000 buyers โ€” including 43 Forbes 200 companies โ€” and became an industry leader with an annual GMV of $15B. Zinit operates in traditionally underserved markets like India, Indonesia, and Malaysia, and targets the $2T private enterprise procurement spend market.

Which are the primary technologies used for building your product?

Zinit's answer:

For Chief Procurement Officers (CPOs), technology serves as a procurement AI co-pilot, completely reshaping the industry. Over the next year, the company plans to open offices in Brazil, MENA, and Turkey, further strengthening its global presence. Its country-agnostic model enables rapid, profitable scaling, positioning Zinit as the first truly digital-first procurement platform in these markets.

User comments

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What are some alternatives?

When comparing Procurement Management Software and Zinit, you can also consider the following products

Online Procurement - Achieve effective procurement transformation with Online Procurement, the easy-to-use software solution that streamlines and optimizes purchasing and supplier management processes through automation and advanced analytics.

Microsoft Office Excel - Microsoft Office Excel is a commercial spreadsheet application.

Current SCM - Procurement & materials management software

Procurify - Reinvent the way organizations spend to make the purchasing process more accessible, manageable and convenient.

Evercontact - Your contacts always up to date and automatically with Evercontact.

Precoro - Precoro is a robust procure-to-pay system for your business. Automated purchasing, simple sourcing and spend analytics โ€” all in one easy-to-use platform!