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Procoto – Self-Service RFP Management

Hacker News

Procoto – Self-Service RFP Management

Hi HN, Michael from Procoto [ https://procoto.com ] here. We’re making running RFPs (requests for proposal from outside vendors), tracking contracts, and managing vendors simple and affordable. We get procurement teams out of dense systems and spreadsheets without having to drop a hefty check on SAP or Coupa. How are we doing it? Check out our demo: https://www.loom.com/share/27eba91688d34d958d5939e8da649ea5 We’re giving procurement teams of any size an easier way to invite vendors, consolidate submissions, and analyze the offers. When a winner is selected, contract terms are digitized and stored in Procoto too. All vendor info, both for winners and non, exist in the vendor library for future bidding events and negotiating. Our early customers are using Procoto to get better rates on everything from raw materials and ingredients to cleaning services and contractors. Why us? We built procurement organizations at a couple startups and have used 30+ of our competitors’ software. We lived the pain we’re solving for years and finally left to build the solution we couldn’t find… Something self-service, customizable, with UI/UX from this decade, and built for users without supply chain degrees. We previously launched on here [ https://news.ycombinator.com/item?id=26357292 ] and got (justifiably) roasted for not actually catering to the small and mid-sized businesses we claimed to be. Highlights included no pricing on the site and a complete sales led go-to-market. Shoutout to the HN community. We really needed to hear it and we’re a better product now because of it. So now we’re launching our self-service model. Pricing is on the site, self-guided signup, and there’s a 2-week trial to test it out. Would love to hear what you think of the new-and-improved version. Your feedback meant a lot the first time around.

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