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Procurify provides a cloud-based spend management platform that helps mid-sized to large organizations control purchasing, manage expenses, and gain real-time visibility into spending. The system includes budgeting, approval workflows, and expense tracking, and is delivered via a subscription SaaS model. Customers access the platform to submit purchase requests, route them through configurable approval processes, monitor budgets, and track expenses across departments, all in a single interface. Unlike generic procurement tools, Procurify emphasizes ease of use, real-time insights, and alignment of spending with business goals, supported by a focus on customer success and ongoing product improvements. The company’s goal is to make organizational spending transparent and controllable, enabling better financial decisions and value-aligned procurement.
Industries
Enterprise Software
Fintech
Company Size
51-200
Company Stage
Debt Financing
Total Funding
$108.4M
Headquarters
Vancouver, Canada
Founded
2013
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Total Funding
$108.3M
Meets
Industry Average
Funded Over
7 Rounds
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Unlimited Paid Time Off
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Procurify has launched an agentic procurement platform featuring three new tools that automate procurement processes using organisations' historical spend data. The Vancouver-based company introduced Guided Intake, which walks employees through policy-compliant purchase requests; Order Autopilot, which automatically codes line items using purchasing history; and a rebuilt accounts payable engine that matches and codes invoices with over 99% accuracy. Unlike AI features added to existing software, Procurify's agents are purpose-built for procurement and learn from how organisations buy, who they buy from, and their approval processes. The platform aims to help mid-market finance teams work faster whilst maintaining control. CEO Chad Gaydos said the company uses each organisation's spend data to provide personalised context and automate the intake-to-pay journey, allowing teams to focus on impact rather than process management.
Procurify launches agentic procurement platform that acts on your own spend data. New agentic capabilities turn a decade of organizational spend context into autonomous action: guiding intake, coding orders, and intelligently matching invoices in real time, so mid-market finance teams move faster without sacrificing control. VANCOUVER, British Columbia - Procurify today announced Guided Intake, Order Autopilot, and a rebuilt, agent-powered AP engine, completing its transformation into a...
Procurify launches agentic procurement platform that acts on your own spend data. New agentic capabilities turn a decade of organizational spend context into autonomous action: guiding intake, coding orders, and intelligently matching invoices in real time, so mid-market finance teams move faster without sacrificing control. VANCOUVER, BC, July 20, 2026 - Procurify today announced Guided Intake, Order Autopilot, and a rebuilt, agent-powered AP engine, completing its transformation into a fully agentic procurement platform. Unlike AI layers bolted onto legacy software, Procurify's agents are purpose-built for procurement and learn from the context already in your business: how you buy, who you buy from, and how you approve. The more you use the agents, the sharper they get. The launch arrives as mid-market software crosses a critical threshold: 'AI that suggests' transitioning to 'AI that acts'. Procurement, historically one of finance's most manual, error-prone functions, is the defining test of where the CFO tech stack shift delivers real value. "Every decision we make comes back to one question: Does this create unparalleled value for our customers? Today's launch confirms that," said Chad Gaydos, CEO of Procurify. "We're not layering AI features on top of software; we're using each organization's own spend data to provide personalized context and take action across their intake-to-pay journey. When your procurement platform knows how you buy, your finance and procurement teams stop managing the process and start multiplying their impact. That's the value we commit to deliver." What's launching. Guided Intake | no training required. No manual routing. No chasing details. A conversational interface that walks employees through a policy-checked purchase request. Guided Intake applies approval rules, flags missing information, and submits a complete, compliant request, without asking users to understand how procurement works. Order Autopilot | Procurement intelligence that reflects how your team actually buys. As requesters build an order, AI proactively codes each line item - vendor, GL code, budget line - drawing from the organization's own purchasing history. Requesters move faster, finance gets clean data from the start, and approval bottlenecks disappear before they begin. Rebuilt AP Engine | 99%+ invoice accuracy. Fewer humans chasing paper. A completely rebuilt accounts payable engine captures key invoice details with more than 99% accuracy, intelligently matching and coding invoices against an organization's purchase and vendor history while reducing manual review and accelerating close. "Procurify's AI capabilities have significantly changed the way I work," said Andrew Ramsay, Associate Director, R&D Operations at Outpace Bio. "The AI-powered quote extraction capability reduces manual effort, while the ability to edit multiple items and the intuitive functionality help us work faster. I'm looking forward to seeing how Procurify's new agentic products deliver even greater speed and insight for our teams." Today's agentic platform launch, released in tandem with a premium brand refresh, marks a decisive moment for Procurify in mid-market procurement. Built on deep contextual data across the full intake-to-pay lifecycle, the platform is ranked #1 Mid-Market Procure-to-Pay Software by G2 for Summer 2026, ahead of industry mainstays, and named to The Hackett Group's "50 to Watch" 2025-2026 list. Register for Procurify's Summer Spotlight webinar on July 22, where platform experts will go deep on the agentic platform, demo the features redefining procurement for mid-market finance teams, and review the innovations delivered in 2026. Sign up for Procurify Summer Spotlight. About procurify. Procurify is the agentic procurement platform for finance and operations teams that understands your vendors, budgets, and policies. It delivers complete spend control across intake-to-pay, from purchase requests and approvals to POs, invoicing, payments, and spending cards. Easy to adopt and built to scale, Procurify manages $100B+ in spend for growing mid-market organizations across healthcare, education, biotechnology, manufacturing, and non-profit industries, and has been shown to deliver a 96% reduction in requisition time and 60% faster approvals. Recognized by The Hackett Group and ranked the #1 Mid-Market Procure-to-Pay Software platform by G2, Procurify can be deployed in weeks, not months, and integrates with popular vendors and leading ERPs finance teams already trust, including NetSuite, QuickBooks, Sage Intacct, Dynamics 365 Business Central, and more, so spend stays visible and controlled before it reaches accounting. Learn more at procurify.com. Media contact. Andrea Miller Senior Manager, Content Marketing, Procurify The Procurify Leadership Team is available for interviews. Please reach out to schedule a time.
Procurify named "Spend Management Platform of the Year" in 2026 FinTech Breakthrough Awards Program. Prestigious Annual Awards Program Celebrates a Decade of Recognizing the World's Most Innovative Financial Technology Companies LOS ANGELES, Calif., March 19, 2026 - FinTech Breakthrough, an independent market intelligence organization that recognizes the top companies, technologies and products in the global FinTech market, today announced that Procurify, the leading AI-powered intake-to-pay solution for the mid-market, has been selected as winner of the "Spend Management Platform of the Year" award in the 10th annual FinTech Breakthrough Awards program. Marking its 10-year anniversary, the FinTech Breakthrough Awards program continues its mission of honoring the innovators that are redefining the future of financial services through breakthrough technology, customer impact and market leadership. Earning this award for the second year in a row, Procurify is revolutionizing the entire intake-to-pay cycle through its intuitive, modular end-to-end platform that's designed for quick deployment, scalability and mobile-first access. With AI-powered automation and visibility, and seamless integrations with ERPs, Procurify is built for speed, accuracy, and clarity. "Procurify is giving mid-market organizations exactly what they need to succeed in 2026 and beyond. Complex legacy enterprise-grade systems can't provide the automation and visibility that allow organizations to eliminate time sinks, reduce human errors, and keep budgets on track," said Steve Johansson, Managing Director, FinTech Breakthrough. "With powerful AI-powered workflows, Procurify is transforming the intake-to-pay process and consolidates purchasing, AP, expense management, and payments into one innovative platform." The FinTech Breakthrough Awards is the premier awards program founded to recognize the FinTech innovators, leaders and visionaries from around the world in a wide range of categories, including Digital Banking, Personal Finance, Cryptocurrencies, Lending, Payments, Investments, RegTech, InsurTech and more. The 2026 program represents a milestone year, reflecting a decade of spotlighting the companies driving measurable innovation across the global financial technology ecosystem. "We're thrilled to be recognized by FinTech Breakthrough as Spend Management Platform of the Year," said Chad Gaydos, CEO of Procurify. "Procurify was built for the mid-market - organizations that need powerful financial control without legacy enterprise complexity. Today we're redefining intake-to-pay with agentic AI, bringing intelligence to every spend decision. This recognition reinforces our mission to pioneering the next era of agentic spend management in the mid-market." About FinTech Breakthrough. Part of Tech Breakthrough, a leading market intelligence and recognition platform for technology innovation and leadership around the globe, the FinTech Breakthrough Awards program is devoted to honoring breakthrough innovation in Financial Technologies and Services companies and products. The FinTech Breakthrough Awards provide public recognition for the standout achievements of FinTech companies and products in categories that include Payments, Personal Finance, Cryptocurrency, Wealth Management, Fraud Protection, Banking, Lending, RegTech, InsurTech and more. For more information visit FinTechBreakthrough.com. Tech Breakthrough LLC does not endorse any vendor, product or service depicted in its recognition programs, and does not advise technology users to select only those vendors with award designations. Tech Breakthrough LLC recognition consists of the opinions of the Tech Breakthrough LLC organization and should not be construed as statements of fact. Tech Breakthrough LLC disclaims all warranties, expressed or implied, with respect to this recognition program, including any warranties of merchantability or fitness for a particular purpose. About Procurify. Procurify is the leading AI-powered procurement, accounts payable (AP), expense, and payment platform for mid-market organizations, managing over $100 billion USD in spend. Recognized by Spend Matters and ranked the number one Mid-Market Purchasing Software by G2, Procurify offers the most complete intake-to-pay system, empowering businesses to take complete control of spend, driving cost savings, operational efficiency, and smarter decision-making. The platform integrates seamlessly with all leading ERP systems such as NetSuite, Sage Intacct, Microsoft Dynamics 365, and QuickBooks Online. Learn more at www.procurify.com.
Procurify named "Spend Management Platform of the Year" in 2026 FinTech Breakthrough Awards program. Prestigious annual awards program celebrates a decade of recognizing the world's most innovative financial technology companies. LOS ANGELES, March 19, 2026 (GLOBE NEWSWIRE) - FinTech Breakthrough, an independent market intelligence organization that recognizes the top companies, technologies and products in the global FinTech market, today announced that Procurify, the leading AI-powered intake-to-pay solution for the mid-market, has been selected as winner of the "Spend Management Platform of the Year" award in the 10th annual FinTech Breakthrough Awards program. Marking its 10-year anniversary, the FinTech Breakthrough Awards program continues its mission of honoring the innovators that are redefining the future of financial services through breakthrough technology, customer impact and market leadership. Earning this award for the second year in a row, Procurify is revolutionizing the entire intake-to-pay cycle through its intuitive, modular end-to-end platform that's designed for quick deployment, scalability and mobile-first access. With AI-powered automation and visibility, and seamless integrations with ERPs, Procurify is built for speed, accuracy, and clarity. "Procurify is giving mid-market organizations exactly what they need to succeed in 2026 and beyond. Complex legacy enterprise-grade systems can't provide the automation and visibility that allow organizations to eliminate time sinks, reduce human errors, and keep budgets on track," said Steve Johansson, Managing Director, FinTech Breakthrough. "With powerful AI-powered workflows, Procurify is transforming the intake-to-pay process and consolidates purchasing, AP, expense management, and payments into one innovative platform." The FinTech Breakthrough Awards is the premier awards program founded to recognize the FinTech innovators, leaders and visionaries from around the world in a wide range of categories, including Digital Banking, Personal Finance, Cryptocurrencies, Lending, Payments, Investments, RegTech, InsurTech and more. The 2026 program represents a milestone year, reflecting a decade of spotlighting the companies driving measurable innovation across the global financial technology ecosystem. "We're thrilled to be recognized by FinTech Breakthrough as Spend Management Platform of the Year," said Chad Gaydos, CEO of Procurify. "Procurify was built for the mid-market - organizations that need powerful financial control without legacy enterprise complexity. Today we're redefining intake-to-pay with agentic AI, bringing intelligence to every spend decision. This recognition reinforces our mission to pioneering the next era of agentic spend management in the mid-market." About FinTech Breakthrough Part of Tech Breakthrough, a leading market intelligence and recognition platform for technology innovation and leadership around the globe, the FinTech Breakthrough Awards program is devoted to honoring breakthrough innovation in Financial Technologies and Services companies and products. The FinTech Breakthrough Awards provide public recognition for the standout achievements of FinTech companies and products in categories that include Payments, Personal Finance, Cryptocurrency, Wealth Management, Fraud Protection, Banking, Lending, RegTech, InsurTech and more. For more information visit FinTechBreakthrough.com. Tech Breakthrough LLC does not endorse any vendor, product or service depicted in our recognition programs, and does not advise technology users to select only those vendors with award designations. Tech Breakthrough LLC recognition consists of the opinions of the Tech Breakthrough LLC organization and should not be construed as statements of fact. Tech Breakthrough LLC disclaims all warranties, expressed or implied, with respect to this recognition program, including any warranties of merchantability or fitness for a particular purpose. About Procurify Procurify is the leading AI-powered procurement, accounts payable (AP), expense, and payment platform for mid-market organizations, managing over $100 billion USD in spend. Recognized by Spend Matters and ranked the number one Mid-Market Purchasing Software by G2, Procurify offers the most complete intake-to-pay system, empowering businesses to take complete control of spend, driving cost savings, operational efficiency, and smarter decision-making. The platform integrates seamlessly with ERP systems such as NetSuite, Sage Intacct, Microsoft Dynamics 365, and QuickBooks Online. Learn more at www.procurify.com.
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Industries
Enterprise Software
Fintech
Company Size
51-200
Company Stage
Debt Financing
Total Funding
$108.4M
Headquarters
Vancouver, Canada
Founded
2013
Find jobs on Simplify and start your career today