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Arkestro
Arkestro, Inc. lists its address as 60 29th St. #148, San Francisco, California 94110.
What it is
Arkestro is a web-based predictive procurement platform for enterprise procurement teams. It analyzes purchasing data with machine learning to recommend prices for sourcing events before suppliers respond. The product combines behavioral science, game theory, data science, and automation to support procurement and supplier negotiations. Teams can run competitive bidding, provide dynamic feedback, and manage final awards. Arkestro describes negotiation tools for fact-based pricing and terms strategies, supplier tools for selection and engagement, and process automation intended to accelerate procurement cycles. Predictive Insights monitors supplier, commodity, and market data to identify risks and opportunities and recommend next steps. The platform can sync with ERP or P2P systems, drawing on supplier, item, and historical purchase data and returning event awards to the relevant system. Professional Services can guide integration. Arkestro presents use cases across industries such as manufacturing, oil and gas, construction, financial services, and food and beverage. The company says it uses AWS hosting, encrypts data at rest with AES and in transit using HTTPS and TLS 1.2, and conducts penetration tests and vulnerability scans. Pricing is on request.
For and against
For
- Recommends sourcing prices from purchasing data.
- Supports bidding, feedback, and award workflows.
- Monitors supplier, commodity, and market data for risks and opportunities.
- Can sync with ERP or P2P systems.
- AES encryption at rest and HTTPS/TLS 1.2 in transit are stated.
Against
- Pricing is available on request.
- The product is presented for enterprise procurement teams.
The verdict
Arkestro combines price recommendations, supplier negotiations, and procurement workflow automation. Prospective customers need to request pricing and assess the fit with their existing systems.
Who it suits
It is presented for enterprise procurement teams, including those in manufacturing, oil and gas, construction, financial services, and food and beverage. Teams using ERP or P2P systems may also consider its stated integration approach.
On the record
- Certifications
- Arkestro states that its information security management system is ISO 27001:2022 certified and that it passes SOC 2 Type II audits without exceptions.arkestro.com · read 4 Oct 2026
- Company history
- Arkestro says it was founded in 2017, initially under the name Bid Ops.arkestro.com · read 4 Oct 2026
- Compliance
- Arkestro states that its information security management system is ISO 27001:2022 certified and that it passes SOC 2 Type II audits without exceptions.arkestro.com · read 4 Oct 2026
- Encryption
- Arkestro says data is encrypted at rest with AES and in transit using HTTPS and TLS 1.2.arkestro.com · read 4 Oct 2026
- How it works
- The platform combines behavioral science, game theory, data science, and automation to support procurement and supplier negotiations.arkestro.com · read 4 Oct 2026
- Insights
- Its Predictive Insights page says the platform monitors supplier, commodity, and market data to identify risks and opportunities and provide recommended next steps.arkestro.com · read 4 Oct 2026
- Integrations
- Arkestro says it syncs with ERP or P2P systems, using supplier, item, and historical purchase data and sending event awards back to the appropriate system.arkestro.com · read 4 Oct 2026
- Integration services
- Arkestro says its Professional Services team can guide customers through the integration process.arkestro.com · read 4 Oct 2026
- Negotiation science
- Arkestro says its negotiation science provides fact-based strategies for securing better pricing and terms.arkestro.com · read 4 Oct 2026
- Pricing availability
- The maker's site directs prospective customers to contact Arkestro or request a demo; it does not state a software price on those pages.arkestro.com · read 4 Oct 2026
- Process science
- Arkestro says its process science automates workflows to accelerate procurement cycles.arkestro.com · read 4 Oct 2026
- Product
- Arkestro describes its product as a Predictive Procurement Platform for enterprise procurement.arkestro.com · read 4 Oct 2026
- Security
- Arkestro says it uses AWS hosting, AES encryption at rest, HTTPS and TLS 1.2 in transit, annual penetration tests, and vulnerability scanning.arkestro.com · read 4 Oct 2026
- Security assessments
- Arkestro says it conducts annual penetration tests and regular vulnerability scanning.arkestro.com · read 4 Oct 2026
- Security documentation
- Arkestro says its full Information Security Management System documentation is available upon request.arkestro.com · read 4 Oct 2026
- Security hosting
- Arkestro says it uses cloud-native hosting services provided by AWS.arkestro.com · read 4 Oct 2026
- Suggested pricing
- Arkestro uses machine learning to analyze purchasing data and recommend suggested prices for sourcing events.arkestro.com · read 4 Oct 2026
- Supplier negotiations
- The platform supports competitive bidding, dynamic feedback, and the final awarding process.arkestro.com · read 4 Oct 2026
