Overview
Anchor is an intelligent e-procurement platform that empowers organizations to modernize every aspect of their procurement and supplier management operations. Designed for agility and scalability, Anchor brings transparency, speed, and control to your entire procure-to-pay cycle. Whether you’re sourcing direct or indirect goods, Anchor transforms procurement from a back-office function into a strategic growth driver.
From Planning to Payment:
Anchor Covers It All
			A complete solution across the procurement lifecycle
Procurement Planning
Anchor helps teams define sourcing strategies, forecast demand, and align procurement goals with business objectives — ensuring smarter, more proactive purchasing decisions.
Strategic Sourcing
Simplify complex sourcing events with category management, supplier consolidation, and long-term sourcing strategies — reducing costs and managing supply chain risks.
Contract Lifecycle Management
Digitize contract creation, approval, and renewal. Anchor ensures compliance, reduces legal overhead, and provides full visibility into contract obligations and milestones.
Purchase Order Management
Automate PO creation, approval routing, and tracking. Anchor ensures accuracy, reduces delays, and integrates seamlessly with your ERP or finance systems.
Goods Receipt & Validation
Track deliveries, validate goods and services, and flag discrepancies in real time—ensuring accountability and reducing invoice disputes.
Invoice & Payment Automation
Anchor supports touchless invoice processing, multi-way matching, and configurable workflows to accelerate approvals and reduce payment errors.
Spend Intelligence & Analytics
Turn procurement data into strategic advantage
Anchor consolidates spend data across categories, suppliers, and business units. With built-in dashboards and analytics, procurement leaders can identify savings opportunities, monitor compliance, and drive continuous improvement.
Compliance & Risk Management
Procurement with confidence
Anchor embeds policy enforcement, audit trails, and supplier risk scoring into every workflow. From ESG compliance to regulatory alignment, Anchor helps you reduce exposure and stay ahead of risk.
Supplier Collaboration & Performance
Build stronger partnerships. Smarter performance
Anchor enables real-time communication, performance reviews, and shared KPIs with suppliers—fostering transparency, innovation, and long-term value creation.
Key Features of Anchor
Built for modern procurement teams
				Introv Anchor Supplier Management
Streamline supplier onboarding, qualification, and lifecycle management with a centralized supplier information hub. Anchor supports segmentation, performance tracking, and risk mitigation — ensuring compliant sourcing and stronger supplier relationships across your global supply base
				Introv Anchor In-Store Procurement App
Enable guided buying at the frontline with a mobile-first procurement app. Employees can browse catalogs, submit requisitions, and track approvals—driving user adoption, policy compliance, and spend visibility for indirect goods and services
				Introv Anchor RFP Process Automation
Digitize strategic sourcing with configurable RFP workflows. Anchor simplifies the creation, distribution, and evaluation of sourcing events, helping procurement teams reduce cycle times, improve vendor engagement, and secure best-value agreements
				Introv Anchor Advanced Budget Control
Gain real-time spend visibility and enforce budget thresholds with Anchor’s integrated budget management tools. Align procurement with finance, prevent overspending, and support cost optimization initiatives across categories and departments
		AI-Powered Procurement with OCR
Automate invoice and document processing with AI-powered Optical Character Recognition. Anchor AI OCR Data capture extracts and validates data from receipts, purchase orders, and non-PO invoices—enabling touchless processing, reducing errors, and accelerating procure-to-pay workflows
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Benefits of Anchor
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By registering to attend this event, you agree to share your contact details with both Introv and its partners in accordance with the Privacy Policy, including our Cookie Policy.