{"id":71192,"title":"🔎 Procoto - Manage RFPs, contracts, and vendors with ease","tagline":"We simplify the source-to-contract process in a self-service tool built for everyone","body":"Hi everyone, we’re Juliet, Austin, Michael, and Michael. We’re the team behind [Procoto](https://procoto.com/). We’re on a mission to make procurement software more accessible and affordable for everyone.\\\n\\\n**tl;dr:** Procoto makes running RFPs, 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.\n\nAnd it’s self-service! No sales calls, redlines, or lengthy implementations. Snag our [YC launch offer](https://app.procoto.com/register?ref=yc) to get started!\n\n![uploaded image](/media/?type=post\u0026id=71192\u0026key=user_uploads/488165/ab363823-cd33-4b41-9d5e-05867dcf4d98)\n\n### **😤 The problem with procurement software**\n\nSmall and mid-market companies face the same sourcing, contract, vendor, and spend management challenges of larger organizations, but with fewer resources and without the funds for an enterprise procurement platform.\n\n* RFPs are conducted with spreadsheets and emails\n* Time is wasted searching for, selecting, and inviting vendors to bid\n* Contract terms, vendor information, and spend data are spread across systems\n* Person hours are dedicated to data management rather than securing better rates\n* Historical bidding and pricing disappear after the RFP\n* The alternative solution today is a six-figure annual agreement with one of the big boys\n\n### **😇 How we’re fixing it**\n\nProcoto eschews (bless you) the complexity and the feature bloat of enterprise procurement software. We keep it simple and user-friendly in a tool built for everyone. Procoto automates the collection of RFP, contract, and vendor information into a centralized system and highlights savings opportunities based on historical data.\n\n\u003chttps://youtu.be/1FCv2I6Ywho\u003e\n\n### 😍 **Community fav features**\n\n![uploaded image](/media/?type=post\u0026id=71192\u0026key=user_uploads/488165/d8592dd5-c2e2-4c7c-a311-5d8074c6eb9c)\n\n![uploaded image](/media/?type=post\u0026id=71192\u0026key=user_uploads/488165/9351376a-c992-482d-97d0-b34f049aed42)\n\n![uploaded image](/media/?type=post\u0026id=71192\u0026key=user_uploads/488165/39700cd7-521e-4664-ae5c-a319dd365891)\n\n### **🤡 Why us?**\n\nWe built procurement organizations at a couple of 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.\n\n### **🙏🏻 Our ask**\n\n* Give Procoto a whirl if you run RFPs, sign contracts, or work with third-party vendors\n* We’d love to talk to and learn from anyone in the procurement world, especially those in multi-site businesses:\n  * Franchises\n  * Hospitality\n  * Restaurants\n  * Apartment groups\n  * PEs that manage any of the above\n\n### **👀 The YC Deal**\n\n* 30-day trial\n* Complimentary vendor and contract data cleanup\n* 40% off your first year if you go monthly ($59/mo)\n* 50% off your first year if you go annual ($479/yr)\n* [Redeem here](https://app.procoto.com/register?ref=yc)\n\nIf you’d like to learn more or have questions, shoot us an email at [michael@procoto.com](mailto:michael@procoto.com)!","slug":"IWG-procoto-manage-rfps-contracts-and-vendors-with-ease","created_at":"2023-04-25T15:59:36.763Z","updated_at":"2026-05-25T01:28:36.453Z","total_vote_count":7,"url":"https://www.ycombinator.com/launches/IWG-procoto-manage-rfps-contracts-and-vendors-with-ease","share_image_url":"//bookface-static.ycombinator.com/assets/ycdc/yc-og-image-c440a0ad1dacfb86eeeb343717479cc54d256614449b4ef719977a0a451f8bc8.png","company":{"id":22867,"name":"Procoto","slug":"procoto","url":"https://procoto.com","logo":"https://bookface-images.s3.amazonaws.com/small_logos/cca6737048b576c714290c829ede60b01976d857.png","batch":"Winter 2021","industry":"B2B","tags":["Fintech","SaaS","Procurement"],"search_path":"https://bookface.ycombinator.com/company/22867"}}