anchor

Introv Solutions
Anchor

Enterprise Procurement

Maximize the Power of Procure-to-Pay

#Supplier Management #In-store Procurement App #E-Tendering #Budget Control #AI OCR Data Capture

Supplier Management

Supplier Management

In-store Procurement App

In-store Procurement App

E-Tendering

E-Tendering

Budget Control

Budget Control

AI OCR Data Capture

AI OCR Data Capture

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.

Introv Anchor
Introv Anchor
Introv Anchor

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 X Oracle NetSuite

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 X Oracle NetSuite

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 X Oracle NetSuite

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 X Oracle NetSuite

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 OCR Data Capture

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

87% Average time saved for ERP Integration

87% Average time saved for ERP Integration

3.6X Median Customer ROI & Business Data Matching

3.6X Median Customer ROI & Business Data Matching

193 Language and Format Support

193 Language and Format Support

AI-Driven Accuracy

AI-Driven Accuracy

Scalable Customization

Scalable Customization

Benefits of Anchor

Maximize Efficiency Maximize Efficiency

Automate procurement workflows to minimize manual tasks and accelerate the procure-to-pay cycle

Strengthen Supplier Ties Strengthen Supplier Ties

Seamlessly onboard and manages suppliers, ensuring strong collaborations and quick integration

Enhanced Transparency Enhanced Transparency

Digital procurement solutions offer a clear view of the entire procurement cycle, from requisition to payment. This transparency helps in identifying bottlenecks and inefficiencies

Optimize Cost Control Optimize Cost Control

Gain real-time budget oversight to identify cost-saving opportunities and enforce financial discipline

Empower Decision-Making Empower Decision-Making

Utilize advanced analytics for insights into procurement patterns, enabling strategic decisions

Scale with Ease Scale with Ease

Adapt to your organization's growth with a flexible platform suitable for various industries

Enhance Compliance Enhance Compliance

Ensure adherence to procurement policies with systematic workflows and transparency

Trusted By

600+ companies since 2008

Introv Solutions

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