What are e-procurement solutions?
E-procurement solutions are digital platforms that automate and manage the end-to-end purchasing process—from purchase requisitions and supplier management to purchase order creation, approval workflows, invoice reconciliation, and spend reporting. They replace manual processes like email chains and spreadsheets with structured, auditable workflows that give organisations complete visibility and control over their procurement spend.
What is an example of an electronic procurement system?
Keel's Procurement System is an example of a fully customisable electronic procurement platform. It manages purchase requests, supplier catalogues, multi-currency POs, structured approval workflows, PO-based receiving with quality checks, three-way matching, and budget tracking—all integrated with your financial systems and inventory management tools in a single, owned platform.
What are the 5 types of e-procurement?
The five main types of e-procurement are: (1) E-Purchasing—direct buying via supplier catalogues; (2) E-Tendering—managing RFQs and bid processes digitally; (3) E-Informing—sharing procurement data with suppliers and stakeholders; (4) E-Ordering—automating purchase order creation and approval; and (5) E-Invoicing—digital invoice submission, matching, and payment processing. A platform like Keel can be configured to support all five types.
How long does it take to implement an e-procurement system with Keel?
Most Keel procurement implementations go live within a matter of weeks, not months. The exact timeline depends on the complexity of your supplier relationships, approval hierarchies, and integration requirements. Keel's team works with you in real-time to model your workflows, and a managed migration service ensures your existing data and processes transfer smoothly without disrupting ongoing operations.
Can Keel's procurement system integrate with our existing financial software?
Yes. Keel is designed to integrate seamlessly with your existing financial systems via API, enabling automatic budget updates, invoice reconciliation, and real-time cost tracking. It also connects with inventory management tools, ERP systems, and third-party platforms so procurement data flows accurately across your entire operations stack without manual data entry.
How does Keel handle procurement approvals and spend controls?
Keel supports highly configurable, multi-level approval workflows with custom user roles and permissions. You can set spend thresholds, budget limits, and approval chains at the category, supplier, or department level. Custom alerts notify the right people when approval is required or budget limits are approached, and a complete audit trail records every action for compliance and reporting purposes.
Does Keel support supplier performance tracking and management?
Yes. Keel's procurement system includes detailed supplier records with pricing terms, contract information, and certifications. You can track supplier performance through custom KPIs, set preferred supplier rules, and receive automated alerts for performance issues. Custom onboarding forms and processes ensure new suppliers are structured consistently from day one, giving procurement teams full visibility of their entire supply base.
Do we retain full ownership of the procurement system Keel builds?
Absolutely. Unlike SaaS ERP tools where you rent access to someone else's system, Keel delivers full ownership of your procurement platform—including the codebase, data models, and infrastructure configuration. Your team can modify, extend, and evolve workflows independently. The platform is version-controlled and built on open-source components, ensuring you are never locked into a single vendor.
Is Keel accredited for UK public-sector e-procurement (G-Cloud)?
UK public-sector buyers typically buy e-procurement software through Crown Commercial Service frameworks such as G-Cloud on the Digital Marketplace, so check whether a supplier is listed before you start. Keel is built for private commercial operations teams who want a fully owned, custom procurement platform rather than an off-the-shelf public-sector framework agreement.
Can Keel's procurement platform bill in GBP and handle multi-currency suppliers?
Yes. Keel is billed in GBP with VAT added, and the Procurement System itself supports multi-currency purchase orders and multi-location suppliers, so UK teams buying from EU or international suppliers can manage multi-currency spend from the same platform.
Is Keel's procurement data hosted in the UK?
Keel's multi-region data residency lets you choose where your procurement data is hosted, including in the UK. Keel is operated by Planko Ltd, a UK-registered company, and is registered with the UK's Information Commissioner's Office (ICO, reference ZB524558) as a GDPR data processor.