PRM360 - 2026 Pricing, Features, Reviews & Alternatives

PRM360, a product of Acads360 India Pvt Ltd, is a leading procurement software solution in the global market. It helps businesses across various verticals including E-commerce, Pharmaceutical, Healthcare, Agriculture, Poultry, Construction & Engineering, Energy, Industrial Manufacturing, etc. to digitize the entire procure-to-pay cycle. PRM360 offers tailor-made services to meet the unique needs of procurement that change with the industries.

Powered by Artificial Intelligence, PRM360 offers a completely configurable digital transformation of procurement and strategic sourcing that enables organizations to cut down the maverick spending, manual efforts and maximizes the ROI.

Here is a brief about core features of PRM360:

E-Auction System:

A highly effective Real-Time E-Auction tool that supports e-bidding & negotiation with various auction types such as reverse, logistic, forward auction, and many more to maximize the profits.

Contract Management:

Automates the entire end-to-end contract lifecycle, which is an integral part of the procurement management by eliminating manual efforts, unproductive time to maximize ROI

Catalog Management:

An intuitive catalog management software that streamlines the data management of products, categories, etc. with a comprehensive dashboard that helps users manage catalog activity, broadcast updated changes about the products, prices, and many more.

eInvoicing Management:

Redefines the invoice handling process, streamlines the workflows to make the invoice handling process completely effortless. PRM360 eliminates the complexity of paperwork and automates accounts payable.

Spend Analysis:

With Accounts Payable automation, PRM360 helps to track procurement spending. Corporate spend analytics enables organizations to identify the trends, risks, & optimization opportunities to bring down the maverick spend.

Savings Tracker:

The Real-Time Savings Tracker software outlines the life cycle view of financial & material savings to establish an Online Inventory, Scrap Tracking Management System. In procurement, it is a challenging task to measure savings. With PRM360, CFO’s can track the potential savings at any point in time. It helps to gain insights on direct and indirect spending that gives a clear outline of procurement savings, overall revenue, or margin growth within a few clicks.

Project Management:

For better results, the procurement project management should align with finance. And it involves various stages such as planning, solicitation, source selection, contract administration, and many more. PRM360 offers a complete digital transformation across the entire source-to-pay lifecycle by automating purchase requisition, finance approvals & Data Analytics Validation.

Vendor Management:

The vendor management software module of PRM360 helps to keep track of all the vendor and supplier data in one place to evaluate their performance for future collaborations. The features such as vendor profiling, vendor sourcing, and risk management of suppliers help users select the right partner who can add value to their business.