Onventis: Source-to-Pay Procurement Software
Onventis helps mid-market companies manage business spend and supports procurement workflows. It is designed for organizations needing a system for supplier management and AP automation.
At a glance
- Category
- Operations
- Best for
- Mid-market enterprises (EUR 50M to 1B revenue), Procurement managers, CFOs and Accounts Payable managers
- Pricing
- Pricing was not clearly available from the provided evidence. Buyers should confirm current pricing on the vendor website.
- Key use cases
- Digitalizing Supplier Sourcing, Automating Invoice Processing, Managing Direct Materials, Improving Supplier Collaboration
- Integrations
- SAP, Oracle, Microsoft Dynamics AX, Microsoft Dynamics Navision, Microsoft Dynamics Business Central
- Official website
- onventis.com
Onventis is a cloud-based procurement suite designed for the Source-to-Pay lifecycle. It provides tools for sourcing, supplier qualification, contract management, and invoice payment within one platform.
The software is primarily built for mid-market enterprises with annual revenues between EUR 50 million and EUR 1 billion. It supports both direct and indirect spend management, which may help companies managing physical production materials and general services.
Capabilities include automating accounts payable through OCR and robotic accounting, and a collaboration network that connects buyers with suppliers. The system is designed to synchronize data in real time with various ERP environments.
Buyers should confirm how the platform's specific modules align with their internal approval workflows and verify the specific capabilities of the AI agents for their procurement needs.
Key Features
A suite covering the procurement cycle from sourcing to final payment.
Tools for supplier information, qualification, and evaluation.
Supports invoice processes using robotic accounting and OCR-as-a-Service.
Provides analysis of business spend to support financial control and cost awareness.
Supports the lifecycle management of procurement contracts.
Synchronizes master and transactional data in real time with systems like SAP, Oracle, and Microsoft.
AI-driven tools designed to assist with procurement tasks.
Use Cases
Using the platform to manage supplier qualification and conduct sourcing auctions.
Using AP automation to help reduce manual effort in handling incoming supplier invoices.
Coordinating the procurement of production materials in sync with ERP planning logistics.
Utilizing the Onventis Network to connect and exchange data with business partners.
Best For
Integrations
Pricing
Pricing was not clearly available from the provided evidence. Buyers should confirm current pricing on the vendor website.
FAQ
Onventis is primarily designed for mid-market companies, specifically those with an annual turnover between EUR 50 million and EUR 1 billion.
The platform offers integrations with several ERP systems, including SAP, Oracle, Microsoft Dynamics, Infor, and others, to allow for real time data synchronization.
Yes, the platform includes Onventis AI Agents designed to assist with procurement tasks.
Source category: Operations
Source subcategory: Procurement
