{
  "license": {
    "name": "CC BY 4.0",
    "url": "https://creativecommons.org/licenses/by/4.0/"
  },
  "cite_as": "Newsprint, \"Procurify: what it sells, price and AI features\", https://www.newsprint.com/companies/procurify/, updated 2026-11-11",
  "updated_at": "2026-11-11",
  "url": "https://www.newsprint.com/companies/procurify/",
  "markdown_url": "https://www.newsprint.com/companies/procurify.md",
  "title": "Procurify: what it sells, price and AI features",
  "opening_answer": "Procurify is on the AI procurement software map. We record 2 dated launches and events for it. The latest is dated July 20, 2026.",
  "period": "May 14, 2025 to July 20, 2026",
  "methodology_url": "https://www.newsprint.com/updates/pr-software/#methodology",
  "company": {
    "id": "CFZY1AE",
    "slug": "procurify",
    "name": "Procurify",
    "aliases": [],
    "site": "https://www.procurify.com/",
    "summary": "Procurify sells spend control to mid-market finance teams: purchase requests, approvals, POs, invoices, payments and cards. In July 2026 it called itself \"a fully agentic procurement platform\". Guided Intake walks staff through a policy-checked request, Order Autopilot codes order lines from the company's own history, and a rebuilt AP engine matches invoices.",
    "founded": null,
    "categories": [
      "s2p"
    ],
    "status": "active",
    "price_note": null,
    "update_channels": [],
    "updated_at": "2026-11-11",
    "off_map": null,
    "merged_into": null,
    "category_names": [
      "Source-to-pay suites"
    ]
  },
  "confirmed_product_launches": 0,
  "dated_product_launches": 0,
  "undated_launches": 0,
  "launches_data_url": "https://www.newsprint.com/data/launches.json",
  "count": 0,
  "launches": [],
  "launch_list": false,
  "indexed": true,
  "summary": {
    "text": "Procurify sells spend control to mid-market finance teams: purchase requests, approvals, POs, invoices, payments and cards. In July 2026 it called itself \"a fully agentic procurement platform\". Guided Intake walks staff through a policy-checked request, Order Autopilot codes order lines from the company's own history, and a rebuilt AP engine matches invoices.",
    "source": {
      "name": "procurify.com",
      "url": "https://www.procurify.com/press_release/procurify-launches-agentic-procurement-platform-that-acts-on-your-own-spend-data"
    },
    "from": "record"
  },
  "maps": [
    {
      "map": "procurement-software",
      "title": "The AI procurement software map",
      "url": "https://www.newsprint.com/research/procurement-software/#co-procurify",
      "section": "companies",
      "name": "Procurify",
      "site": "https://www.procurify.com/",
      "category": "Source-to-pay suites",
      "what": "Procurify sells spend control to mid-market finance teams: purchase requests, approvals, POs, invoices, payments and cards. In July 2026 it called itself \"a fully agentic procurement platform\". Guided Intake walks staff through a policy-checked request, Order Autopilot codes order lines from the company's own history, and a rebuilt AP engine matches invoices.",
      "what_source": {
        "name": "procurify.com",
        "url": "https://www.procurify.com/press_release/procurify-launches-agentic-procurement-platform-that-acts-on-your-own-spend-data"
      },
      "price": "not read; check procurify.com/pricing",
      "price_published": false,
      "capabilities": {
        "label": "AI capabilities",
        "items": [
          "Named agent",
          "Guided buying",
          "AI intake",
          "Invoice and PO matching",
          "Spend classification"
        ]
      },
      "scale_tier": 3,
      "scale": "Funded challenger: institutional funding disclosed (Institutional growth capital from CIBC Innovation Banking (Procurify release, 2024-10-30; amount not stated). Procurify says hundreds of finance and operations teams run $100B+ through it (procurify.com press page).)",
      "founded": null,
      "founded_source": null,
      "fate": null,
      "sources": [
        {
          "name": "procurify.com",
          "url": "https://www.procurify.com/press_release/procurify-launches-agentic-procurement-platform-that-acts-on-your-own-spend-data"
        },
        {
          "name": "procurify.com",
          "url": "https://www.procurify.com/press-releases/"
        },
        {
          "name": "procurify.com",
          "url": "https://www.procurify.com/press_release/procurify-launches-ai-powered-spend-insights/"
        },
        {
          "name": "procurify.com",
          "url": "https://www.procurify.com/press_release/procurify-launches-all-new-ap-automation-solution/"
        },
        {
          "name": "letsdatascience.com",
          "url": "https://letsdatascience.com/news/procurify-adds-agentic-intake-order-coding-and-invoice-proce-9c4ba28e"
        }
      ],
      "more_sources": 0,
      "cross_listed": false
    }
  ],
  "off_map_url": null,
  "timeline": [
    {
      "id": "event-1",
      "url": "https://www.newsprint.com/companies/procurify/#event-1",
      "on": "2026-07-20",
      "date_precision": "day",
      "title": "Procurify launches Guided Intake, Order Autopilot and an agent-powered AP engine",
      "summary": "Procurify announced Guided Intake (policy-checked purchase requests), Order Autopilot (AI codes vendor, GL code and budget line from the company's purchasing history) and a rebuilt AP engine, \"completing its transformation into a fully agentic procurement platform\".",
      "kind": "Launch",
      "from": {
        "name": "The AI procurement software map",
        "url": "https://www.newsprint.com/research/procurement-software/#co-procurify"
      },
      "source": {
        "name": "Vendor release",
        "url": "https://www.procurify.com/press_release/procurify-launches-agentic-procurement-platform-that-acts-on-your-own-spend-data"
      }
    },
    {
      "id": "event-2",
      "url": "https://www.newsprint.com/companies/procurify/#event-2",
      "on": "2025-05-14",
      "date_precision": "day",
      "title": "Procurify launches AI-powered Spend Insights",
      "summary": "Procurify launched AI-Powered Spend Insights, which centralizes purchasing, expense and accounts payable data and uses AI analysis to \"uncover trends, flag anomalies, and control spend\". It includes Spend Analyst, a conversational assistant that answers questions about spend, in beta. The release says Spend Insights is rolling out to all customer accounts.",
      "kind": "Launch",
      "from": {
        "name": "The AI procurement software map",
        "url": "https://www.newsprint.com/research/procurement-software/#co-procurify"
      },
      "source": {
        "name": "Vendor release",
        "url": "https://www.procurify.com/press_release/procurify-launches-ai-powered-spend-insights/"
      }
    }
  ]
}