Mercanis

Mercanis, as the procurement suite of the future, sets itself apart from competitors with its easy-to-use sourcing and supplier management tools. These tools leverage networking benefits and automated processes to drive 8% of bottom-line savings and save more than 40% of process costs. With Mercanis procurement departments can focus on strategic tasks and become value drivers, instead of cost centers. By using data insights and Artificial Intelligence the startup reshapes how businesses make purchasing decisions and interact with suppliers. Due to its intuitive user experience, the entire organization can utilize Mercanis to collaborate on a single platform, facilitating guided sourcing. Its supplier management brings transparency into the supplier base with a single source of truth. It is easy to configure and implement in just two weeks — without IT resources — so that strategic buyers can drive value from day one. The COVID-19 pandemic intensified challenges for procurement teams worldwide, including supply chain disruptions and price fluctuations. At the same time procurement teams were still mostly relying on manual processes involving phone calls and tools like Excel and Outlook. This situation motivated the founders Fabian Heinrich and Moritz Weiermann to question why there was no solution to automate and digitize manual procurement processes empowering procurement teams to optimize processes, easily source products and services, and become value drivers within their organizations, which led to the development of Mercanis.