Around $650 billion of the US federal annual budget is set aside for procurement of goods. Unsurprisingly, analysing and communicating with this huge swathe of potential business partners creates a lot of work, especially on the private business side, with small businesses especially at a disadvantage when it comes to facilitating deals.
Procurement Sciences AI has brought a variety of AI-powered tools to the federal procurement sector, accelerating the pace at which deals can be facilitated. Its tools integrate into pre-existing software such as SharePoint and Google Drive so that procurement teams can save time without learning new software.
At present, Procurement Sciences has large clients in the aerospace and defence sectors, alongside more than one hundred small and medium-sized companies across many sectors. The company has also attracted significant early-stage funding which it will use to expand its reach as it focusses particularly on helping small businesses make gains in federal procurement.
Steph
Company Specialist at Welcome to the Jungle
