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Aerchain

by Aerchain · Since 2019
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ActiveCloud
Quick facts
VendorAerchain
Year launched2019
StatusActive
LocationGround Floor, South Tower, Vaishnavi Tech Park, Sarjapur Main Road, Bengaluru 560103
Countries servedN/A
Languages1
Integrations3+
Free tierNO
Free trialNO
Contact salesYES

About Aerchain

Aerchain is an AI-powered procurement and sourcing platform.

Aerchain is an AI-first procurement and autonomous sourcing platform designed for enterprise clients. It leverages a suite of specialized AI agents to automate and streamline the entire procurement lifecycle, from initial request to final payment. Key agents handle tasks such as intake, sourcing, vendor onboarding, negotiation, and invoice processing. The platform's conversational AI assistant, Aera, allows users to initiate processes using natural language. Aerchain emphasizes its no-code, customizable workflows and native integrations with major ERP systems like SAP and Oracle. While the platform serves various industries including manufacturing, FMCG, and healthcare, it does not publish pricing information, requiring potential customers to book a demo for a quote. Support is available via email and phone, but no public documentation or community forum is advertised.

Pros & Cons

Pros
  • Uses a suite of specialized AI agents to automate the entire procurement lifecycle.
  • Offers a conversational AI assistant (Aera) for intuitive, form-free user interaction.
  • Provides native, bidirectional integrations with major ERP systems like SAP and Oracle.
  • Features a no-code, customizable framework for designing flexible procurement workflows.
  • Automates invoice processing with AI-powered OCR and 3-way matching.
Cons
  • Pricing is not publicly available and requires contacting sales for a demo and quote.
  • The platform is primarily aimed at large enterprises, which may make it unsuitable for smaller businesses.
  • No public documentation, help center, or community forum is provided for self-service support.

Features

Key features

AI-Powered Procurement Assistant (Aera)

A conversational AI assistant that understands user needs in natural language to initiate procurement tasks without complex forms.

Autonomous Sourcing Agent

Automates the entire sourcing cycle from converting business needs into structured RFQs to recommending data-backed suppliers.

Automated Invoice Processing

Utilizes AI-powered OCR to extract data from invoices in any format, performs automated 3-way matching with POs and receipts, and manages exceptions.

Vendor Onboarding Agent

Streamlines and automates the supplier onboarding process, including registration, credential verification, and compliance checks.

AI Negotiation Agent

Autonomously negotiates price, terms, and service levels with suppliers using customizable AI playbooks and market dynamics.

No-Code Workflow Customization

Allows businesses to design and adapt procurement workflows with a flexible, no-code framework.

Native ERP Integrations

Provides built-in connectors for major ERP systems like SAP, Oracle, and NetSuite for bidirectional data synchronization.

Additional features

Tail Spend Management

Simplifies the management of low-value, high-frequency purchases to achieve cost savings and compliance.

Strategic Sourcing

Supports complex, high-value procurement with advanced analytics and agent-augmented decision-making.

Contract Management

Features an AI agent for managing contracts throughout their lifecycle.

Omnichannel Data Hub

Processes procurement data from various sources including emails, PDFs, and images, eliminating manual data entry.

Knowledge Hub

Transforms unstructured procurement data into a centralized, real-time intelligence source for better decision-making.

Evaluation Agent

Simplifies supplier decision-making by providing AI-driven analysis of proposals, automated scoring, and side-by-side comparisons.

Self-Serve Analytics

Provides real-time procurement insights and reporting through customizable dashboards.

Pricing

Free trial
Free version
Request a quote
Promo Offer

Countries & Languages

Countries served
1
Interface languages
Billing currencies

Interface languages

English

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