PRM360 Simplified Procure-to-Pay Suite

byAcads360
in Source-to-Pay Suites
4.7

Overview

Product Information on PRM360 Simplified Procure-to-Pay Suite

Updated 13th October 2025

What is PRM360 Simplified Procure-to-Pay Suite?

PRM360 Simplified Procure-to-Pay Suite is a software designed to streamline and automate the procurement and payment processes within organizations. The software facilitates supplier management, sourcing, procurement, and invoicing functions through a centralized platform. It provides tools for managing purchase requisitions, purchase orders, supplier quotations, and approvals, along with invoice processing and payment tracking. The software aims to improve operational efficiency by reducing manual intervention, enhancing transparency, and ensuring compliance with organizational procurement policies. It is utilized for addressing challenges in managing end-to-end procurement workflows, reducing errors, and improving visibility into expenditure and supplier interactions.

Overall experience with PRM360 Simplified Procure-to-Pay Suite

Procurement Coordinator
Gov't/PS/ED <5,000 Employees, Education
FAVORABLE

“Reduced Paperwork and Error Rates ”

4.0
Jul 14, 2025
It was an amazing experience. PRM360 automates the entire Procure-to-Pay cycle, reducing manual intervention and minimizing errors, which leads to faster procurement and payment cycles.
Manager, Supply Chain
50M - 250M USD, Consumer Goods
CRITICAL

“Need improvement in user friendly frontend for Buyer”

3.0
Oct 19, 2022
Very Good Concept, Need improvement in self resolving , anticipated problem on missing master data alerts to users.

About Company

Company Description

PRM360 is a product developed by a startup aiming to digitize and simplify price negotiation processes. The central goal of the tool is to increase efficiency during vendor negotiations. Designed to host and manage online negotiations, users can invite their regular vendors, obtain quotations, and perform online comparisons. The tool is aimed at creating a competitive environment promoting vendors to offer their most advantageous prices. PRM360 can be utilized for transactions of any vertical, as long as the transaction value equals or exceeds 1 lakh rupees. The tool is positioned to generate average savings of 10-15%, offering no extra implementation costs since it seamlessly integrates with the user's existing procurement process. Additional features offered by the tool include procurement pattern identification, exploration of market trends for cost reduction opportunities and vendor management services to ensure users work with competitively priced and reliable vendors.

Company Details

Company type
Private
Year Founded
2016
Head office location
Hyderabad, India
Number of employees
51 - 200
Website

Key Insights

A Snapshot of What Matters - Based on Validated User Reviews

Reviewer Insights for: PRM360 Simplified Procure-to-Pay Suite
Performance of PRM360 Simplified Procure-to-Pay Suite Across Market Features

PRM360 Simplified Procure-to-Pay Suite Likes & Dislikes

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Peer Discussions

PRM360 Simplified Procure-to-Pay Suite Reviews and Ratings

4.7

(151 Ratings)

Rating Distribution

5 Star
83%
4 Star
14%
3 Star
3%
2 Star
0%
1 Star
0%
Why ratings and reviews count differ?

Customer Experience

Evaluation & Contracting

4.8

Integration & Deployment

4.7

Service & Support

4.8

Product Capabilities

4.8

Last 12 Months
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  • Procurement Coordinator
    Gov't/PS/Ed
    Education
    Review Source

    Reduced Paperwork and Error Rates

    4.0
    Jul 14, 2025
    It was an amazing experience. PRM360 automates the entire Procure-to-Pay cycle, reducing manual intervention and minimizing errors, which leads to faster procurement and payment cycles.
  • Procurement Associate
    <50M USD
    Services (non-Government)
    Review Source

    Transforming Procurement: Exploring Innovative Vendor and Quotation Management Apps

    4.0
    Jan 24, 2025
    I have been using this application for last 2yrs, it helps me in my Financial Management, by using following modules of the Application, like- PR Management, PO Management, Invoice Management, GRN Management etc.
  • Supply Chain Manager
    50M-1B USD
    Real Estate
    Review Source

    Best in Market Procurement Tool to increase Transperency and Savings

    5.0
    Feb 28, 2023
    We hve implemented PRM360 as a stand alone system with only couple of integration touch points at PO Level and invoice level with our ERP System. One thing which we are overjoyed about is the overall implementation timelines the team took. They just finished the implementation in a span of 4 weeks for the stand alone system with our required configurations and 2 more weeks for the integration piece. We have been using the system for the past year and half and so far have seen very little cases where i we have to go to them for suppport.
  • Manager
    50M-1B USD
    Healthcare and Biotech
    Review Source

    Automate with PRM360 today for better tomorrow!

    5.0
    Feb 28, 2023
    Outsmart the competition & save time & money with PRM360's automate procure-to-pay solution. Their intutive P2P product integrates seamlessly with our existing ERP system, allowing us to streamline the procure-to-pay process quickly and easily. Enjoy a complete, cost-effective solution that provides end-to-end visibility and accuracy , so you can focus on growing your business . Their automated P2P solution will revolutionize the way you do business, freeing up time and resources so you can focus on more important things. Stop wasting tome and money on manual transactions automate with PRM360 today!
  • SENIOR PROCUREMENT MANAGER
    50M-1B USD
    Healthcare and Biotech
    Review Source

    PRM 360

    4.0
    Mar 28, 2023
    Need to improve for user friendly frontend for the purchasers.
...
Showing Result 1-5 of 151

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