What is Lasso Procurement?
Lasso enables organizations to streamline purchase request intakes, create sourcing events, manage suppliers, award purchase contracts, process receipts, and track payments.
Problem
Users currently manage procurement processes manually or with fragmented tools, leading to inefficient workflows, lack of centralization, and error-prone tracking of purchases, suppliers, contracts, and payments.
Solution
A procurement management platform enabling organizations to automate purchase requests, sourcing events, supplier management, contract awards, payment tracking, and receipts via a centralized dashboard.
Customers
Procurement managers, purchasing officers, and finance teams in mid-to-large enterprises seeking end-to-end procurement automation.
Unique Features
End-to-end procurement workflow integration, real-time payment tracking, and AI-driven supplier performance analytics.
User Comments
No user comments available from provided sources.
Traction
Launched on ProductHunt in 2024; specific metrics (MRR, users) undisclosed.
Market Size
The global procurement software market is projected to reach $9.8 billion by 2027 (CAGR 8.5%).
