# Procurify: what it sells, price and AI features

URL: https://www.newsprint.com/companies/procurify/
Covers: May 14, 2025 to July 20, 2026
Updated: 2026-11-11
License: CC BY 4.0, 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

> Procurify is on the AI procurement software map. We record 2 dated launches and events for it. The latest is dated July 20, 2026.

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: [procurify.com](https://www.procurify.com/press_release/procurify-launches-agentic-procurement-platform-that-acts-on-your-own-spend-data).

## Facts

- Site: [procurify.com](https://www.procurify.com/)
- Category: Source-to-pay suites
- Status: Active

## On the research maps

### [The AI procurement software map](https://www.newsprint.com/research/procurement-software/#co-procurify)

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: [procurify.com](https://www.procurify.com/press_release/procurify-launches-agentic-procurement-platform-that-acts-on-your-own-spend-data).

- Category: Source-to-pay suites
- Price: not read; check procurify.com/pricing
- AI capabilities: Named agent, Guided buying, AI intake, Invoice and PO matching and Spend classification
- 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).)

Sources: [procurify.com](https://www.procurify.com/press_release/procurify-launches-agentic-procurement-platform-that-acts-on-your-own-spend-data), [procurify.com](https://www.procurify.com/press-releases/), [procurify.com](https://www.procurify.com/press_release/procurify-launches-ai-powered-spend-insights/), [procurify.com](https://www.procurify.com/press_release/procurify-launches-all-new-ap-automation-solution/) and [letsdatascience.com](https://letsdatascience.com/news/procurify-adds-agentic-intake-order-coding-and-invoice-proce-9c4ba28e).

## Launches and dated events, newest first

### Procurify launches Guided Intake, Order Autopilot and an agent-powered AP engine

Launch, July 20, 2026. 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".

Source: [Vendor release](https://www.procurify.com/press_release/procurify-launches-agentic-procurement-platform-that-acts-on-your-own-spend-data). From [the AI procurement software map](https://www.newsprint.com/research/procurement-software/#co-procurify).

### Procurify launches AI-powered Spend Insights

Launch, May 14, 2025. 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.

Source: [Vendor release](https://www.procurify.com/press_release/procurify-launches-ai-powered-spend-insights/). From [the AI procurement software map](https://www.newsprint.com/research/procurement-software/#co-procurify).

## Methodology and corrections

How we track launches, and how to report an error: https://www.newsprint.com/updates/pr-software/#methodology