# Procurify

> Procurify is a Vancouver software company that gives mid-market finance and operations teams one control layer for purchase requests, approvals, budgets, purchase orders, invoices, payments, expenses and spending cards. Its latest product turn applies AI agents to the customer’s own vendor, policy and purchasing history, aiming to complete routine procurement work while leaving consequential decisions with people.

- **Founded:** 2013
- **Headquarters:** Vancouver, Canada
- **Founders:** Aman Mann (Co-founder and former CEO; Chief Strategy Officer since 2025), Eugene Dong (Co-founder and founding CTO), Kenneth Loi (Co-founder and former CCO)
- **Team size:** Approximately 180 employees in supplied company data; LinkedIn lists a 51-200 employee range.
- **Products:** Purchasing, Accounts Payable, Expense & Card, Spend Insights, Contracts and Vendor Management
- **Notable:** Ranked #1 Mid-Market Procure-to-Pay Software by G2 in Summer 2026, according to Procurify’s announcement., Named to The Hackett Group’s 50 to Watch 2025-2026 list, according to Procurify., Named Spend Management Platform of the Year in the 2026 FinTech Breakthrough Awards program.

## Products & services

- **Purchasing** — The core platform for order requests, catalogs, vendors, approvals, budgets, purchase orders, analytics, integrations and mobile workflows.
- **Accounts Payable** — Invoice capture, OCR, three-way matching, bill approvals and vendor payments by ACH, wire, check or EFT where supported.
- **Expense & Card** — Physical and virtual spending cards, spend limits, receipt capture and employee expense submission and approval.
- **Spend Insights** — AI-assisted analysis, dashboards and a conversational Spend Analyst for questions about purchasing, AP and expense data.
- **Contracts and Vendor Management** — Centralized contract records, AI-assisted document extraction, renewal visibility, onboarding and supplier information.
- **Guided Intake and Order Autopilot** — Agentic workflows that draft policy-aware requests and suggest vendor, GL and budget coding from organizational history.
- **Agent-powered AP Engine** — A rebuilt invoice engine that extracts, matches and codes invoices using purchase and vendor context; Procurify claims more than 99% extraction accuracy.
- **Implementation and Professional Services** — Configuration, data import, integration, training and deployment packages with published target timelines from four to more than twelve weeks.

## Achievements

- Ranked #1 Mid-Market Procure-to-Pay Software by G2 in Summer 2026, according to Procurify’s announcement.
- Named to The Hackett Group’s 50 to Watch 2025-2026 list, according to Procurify.
- Named Spend Management Platform of the Year in the 2026 FinTech Breakthrough Awards program.
- Reports more than $100 billion in spend managed across the platform.
- Canal Barge reported a 96% reduction in requisition time, from about 29 days to one day.
- Reena reported 52% faster approvals and roughly 90% of spend captured in Procurify.
- Raised more than $100 million across disclosed equity and growth-capital rounds.

## Latest updates

- **2024-10** — Launched a rebuilt AI-driven AP automation product and received US$20 million in growth capital from CIBC Innovation Banking.
- **2025-01** — Chad Gaydos became CEO; co-founder Aman Mann moved to Chief Strategy Officer.
- **2025-06** — Launched AI-powered Spend Insights and Spend Analyst capabilities.
- **2026-03** — Announced a strategic implementation and services partnership with Cogneesol.
- **2026-07** — Launched Guided Intake, Order Autopilot and a rebuilt agent-powered AP engine as part of an agentic procurement platform; also refreshed the brand.
- **2026-08** — Added Guided Intake, multi-year budgets up to five years and broader agentic auto-coding in the product changelog.

## Links

- Website: https://www.procurify.com/
- LinkedIn: https://www.linkedin.com/company/procurify/
- Twitter/X: https://twitter.com/Procurify
- YouTube: https://www.youtube.com/user/Procurify
- Instagram: https://www.instagram.com/procurifyteam/
- Facebook: https://www.facebook.com/Procurify/

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Profile page: https://yespress.io/procurify
Published by YesPress — https://yespress.io
Last updated: 2026-08-23