Procurify, a startup offering a cloud-based purchasing management platform, has partnered with Olive Technologies, a provider of AI-based decision-making solutions, to introduce streamlined and innovative processes in vendor sourcing and procurement for companies worldwide.

This combined toolset will enhance the procurement process by encouraging informed decision-making and transparent communication between various teams to solve business-related issues concerning vendor selection, product acquisition, implementation, and renewal.

Olive facilitates collaborative tech purchasing decisions with transparency, allowing for the selection of the best-fit vendors. Concurrently, Procurify's software streamlines procurement workflows and provides real-time overview and control over business expenditure, speeding up purchase cycles and endorsing data-driven spending decisions.