Tonkean included in the 2025/26 procuretech 100. Tonkean For the third year in a row, Tonkean's ProcurementWorks has been featured in the ProcureTech100. Tonkean Inc were featured this year in the Strategy, Process & Performance category. Curated by Art of Procurement and McKinsey & Company, the ProcureTech100 is a collection of the 100 companies that "highlight the innovation, intelligence, and impact driving procurement's next era of performance." ProcurementWorks is Tonkean's industry leading process and agentic orchestration platform for enterprise procurement teams. After undergoing a multi-stage process that puts 5,000+ companies through a structured funnel and judges them on market data and hands-on practitioner experience, a shortlist of candidates are then evaluated on a clear criteria that includes "problem relevance, measurable impact, innovation, scalability, and customer outcomes," according to Art of Procurement. Tonkean Inc is thrilled to be included in the ProcureTech100 for a third straight year. The inclusion comes at the end of a banner year for Tonkean - starting with the release of end-to-end agentic orchestration for the F1000, continuing with its launch of proactive AI agents for G&A teams in the spring, and culminating with its recent acquisition of Cinch, an AI-powered finance and logistics intelligence startup, earlier this month. Along the way, ProcurementWorks was included in the 2025 Gartner Hype Cycle for Procurement Orchestration. Tonkean Inc also conducted a landmark survey on the use of AI, AI agents, intake, and orchestration in procurement, The State of the Procurement Tech Stack. To download this year's ProcureTech100 Yearbook, click here. And to learn more about Tonkean ProcurementWorks, head over to its solution page. Tonkean

Tonkean, the first-of-its-kind process and agentic orchestration platform, today announced that it has acquired the AI-powered finance and logistics intellig...

Tonkean: what Cinch acquisition means for orchestration. Tonkean has acquired the AI-powered finance and logistics intelligence startup Cinch, marks a major new investment in its procurement and finance offerings Agentic orchestration platform Tonkean has announced the acquisition of AI-powered finance and logistics intelligence startup Cinch. It marks a major new investment in its procurement and finance offerings, while expanding its presence in Europe, the Middle East and Africa. Cinch, which was recently named as the 2025 Gartner Cool Vendor in Logistics and Fulfilment Technology, is an advanced, AI-powered platform that helps enterprise finance and procurement teams automatically capture, organise and analyse freight and invoice data in real time - turning unstructured documents into actionable spend insights. Strategic leadership reinforcement. The deal sees Ohad Azgad, Co-Founder and CEO at Cinch, join Tonkean as its new General Manager for FinanceWorks, Tonkean's agentic orchestration solution for enterprise finance teams. Ran Amar, fellow Co-Founder and CTO, joins Tonkean as the new product architect of FinanceWorks. Tonkean users will be able to enjoy powerful new capabilities for invoice processing, vendor analytics and spend intelligence - delivering visibility and control over the full procure-to-pay lifecycle. "The ripest part of any business for disruption by AI is G&A," says Tonkean co-founder and CEO, Sagi Eliyahu. "This has long been Tonkean's strong suit. We view acquiring Cinch, folding their expertise in finance and logistics intelligence into our broader orchestration capabilities and joining their talented team with ours as a way to double down on areas where we're growing quickly and where we're already leading. We couldn't be more excited." Enhanced AI-powered finance capabilities. Cinch's finance and logistics intelligence offering will supplement Tonkean's process and agentic orchestration with: * Real-time AI-powered invoice triage: Rapidly detect real-time discrepancies and risks across documents through a multi-way matching invoice system. * Centralised vendor analysis with 100% visibility: Benchmark vendors effortlessly and gain valuable spend insights. * Dashboards for all insights: Automatically process and categorise bulk documents, and output into a streamlined view of your spend data. "Tonkean is the undisputed leader of the orchestration space," adds Ohad. "We've long felt that what they're making possible with end-to-end agentic orchestration is going to define the future of work in enterprise G&A. Tonkean provides a huge unlock for what we've been building at Cinch, and we're excited to see what combining the two makes possible for enterprise finance and procurement teams." Expanding european market presence. Acquiring Cinch also signals a major investment in Tonkean's EMEA presence. Cinch is based out of Israel, with a major standing in Germany. "We've found that demand for agentic orchestration is particularly fervent amongst finance and procurement teams in Europe," continues Sagi. "We're signing many new enterprise clients operating there and we've been eager for a long time to expand our overseas footprint. We're excited to be doing exactly that now." All this comes hot on the heels of a fast-moving autumn for Tonkean, with major investments in its three marquee orchestration offerings. In September, Tonkean announced the availability of Proactive AI Agents, the first truly proactive, end-to-end AI agents for enterprise procurement, finance and legal teams. Earlier this month, it announced the hiring of Aaron Bromagen, former Head of Legal Operations at Snowflake, as its new GM of LegalWorks.