Arkestro

“Arkestro allowed us to adapt faster to be able to launch bids. We are purchasing materials before we sign on the dotted line for construction projects. It helps us predict costs and make sure we don’t experience cost escalations – definitely a winning brag for our procurement team!”

“Arkestro shines quite a bit by having an easy interface and being able to collect bids quickly from suppliers. We were able to clearly understand costs rather than waiting on emails and spreadsheets and manually compiling data – which was a big win for us.”

““Overall, Arkestro has helped to modernize the RFP process. For me specifically, it has reduced the time I’ve spent in Excel doing manual analysis,” said Justin. “As we continue to leverage Arkestro, I anticipate anywhere from 2 to 10 hours of time reduction on data analysis alone.””

““Because the bidding is managed by a platform, we don’t have to manage every single conversation with each and every supplier,” explained the VP of Strategic Sourcing at Bel Brands USA. “Communications are way faster and easier, and because we now have so much extra time, we can focus on building more valuable strategic relationships.””

““In the procurement world, time is of the essence, Arkestro has really helped to kickstart our digital transformation journey by giving us our time back through leveraging data and AI. These innovations make us faster, and the faster we get, the more we can accomplish, and the more successful we can be.””

““I want to make sure I continue giving my team the resources that they need, which is people, specific equipment, and tools. And of course Arkestro is one of the tools.””

““The RFP we ran with Arkestro was a double success. We were able to both obtain $1 million in savings and expand our supplier base. It was an amazing achievement!””

““Arkestro allows our company to get the best pricing from preferred suppliers on favorable terms more frequently. That’s a great value proposition from my vantage point.””

““I was apprehensive at first of trying predictive procurement. But when I saw how easy it was for our suppliers and how fast it created a business impact, going predictive with Arkestro became a no-brainer.””

““I’ve tried a lot of procurement solutions, and Arkestro really nailed it on the head with this one,” Dirk said. “I want them to keep doing what they’re doing.””

““After a couple of times, the process is extremely intuitive,” Dirk said. “And once you see the savings, it becomes addictive.””

““Once we achieved +15% savings in only 4 campaigns, with +$350,000 in harvest value on $2.6M in spend, the decision to go with Arkestro became a no-brainer.””

“The platform is extremely user-friendly. You have all the communications in one place with a vendor, and the ability right from the start to set up target savings. It’s great because you can just let the AI do the job and provide you with the end result.”

““Our savings has continued to grow by 10% year after year. Arkestro is not a stagnant platform where you see no growth. We’ve continued to grow and make the platform work for us and how we can gain more savings by using it.””

““Because Arkestro does its thing in the background and suggests the pricing, oftentimes companies will accept our bidding price which was lower than what it had been previously!””

““We’ve seen 10% savings year over year and it continues to grow. Arkestro is not a stagnant platform where you see no growth. We’ve continued to grow and make the platform work for us and we gain more savings by using it.””

“What made a big difference for us was actually making sure that we didn’t treat it like an IT project and treated it like a business enablement project.”

“Having cloud-based software where it’s easy to link edge systems back and forth is really, really powerful. It allows us to do plug and play operations.”

“Visibility into supplier diversity was limited to the types of businesses we were working with. Arkestro has given us more control and visibility we partner with, allowing us to take our diversity and inclusion program to the next level.”

“With Arkestro, we are able to evaluate and select suppliers based in fine-grained diversity data – giving us the best opportunity to not only expand our pool of suppliers, but to do so with inclusion and equality in mind.”