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E-procurement for buyers in banking

For procurement teams in banking: run tenders entirely online, pre-qualify suppliers and shorten the sourcing cycle.

The country’s largest companies trust us with their procurement

SOCARSOCAR UpstreamSOCAR MidstreamSOCAR DownstreamSOCAR «Azneft» İBSOCAR «Azərkimya» İBAzəriqazKapital BankPASHA BankPASHA HoldingPASHA InsurancePAŞA Həyat

Digital procurement for the banking sector

Banking procurement operates within strict internal-control and audit frameworks where every decision must be documented and traceable. Procure.az, an e-sourcing and tendering platform built by Smart Solutions Group, unifies the procurement lifecycle from supplier identification to contract awarding in a single digital system. By replacing manual administration with automated workflows and a digital archive, the platform helps banks manage a high volume of purchases while ensuring that every stage of the process is digital and transparent. Designed with a modular architecture, the platform is configured to the buying organisation’s own process, allowing banks to enable only the specific stages they require. From a fully online, simplified pre-qualification process to the use of real-time auction modules, Procure.az reduces human error and accelerates decision-making. By integrating sourcing tools with digital communication features, it ensures all participants work to the same rules and information, providing a scalable solution for enterprises that demand rigorous oversight and efficiency.

Strengthen control and efficiency

Reduce long sourcing cycles and manual paperwork through automated workflows and online bidding

Evidence compliance with internal policy and audit requirements via a comprehensive digital archive

Eliminate fragmented supplier bases with a centralized, categorized Approved Vendor List produced by automated pre-qualification

Gain visibility of spend and procurement KPIs across departments with integrated Power BI dashboards

Ensure uniform application of selection criteria as every offer is system-recorded

Expand supplier reach and increase competition by sourcing qualified vendors quickly, including internationally

Tools for rigorous procurement management

Automated pre-qualification

A simplified online process where suppliers upload documents and are matched automatically to specific tenders, replacing document-by-document manual handling.

Digital evaluation and comparison

Built-in comparison tools and historical analytics provide a single record to compare offers and support award decisions.

Audit-ready communication

All questions and clarifications are logged in a single tender chat, ensuring the clarification record is auditable after award.

Real-time oversight

Live dashboards and red-flag mechanisms provide visibility into tender progress, bid rankings, and procurement KPIs.

Contract lifecycle management

The system auto-generates contracts from award data, tracks milestones, and sends expiry alerts to support compliance.

The digital sourcing workflow

  1. Configure the modular architecture to match your bank's specific internal procurement process.
  2. Build an Approved Vendor List through automated pre-qualification and supplier matching.
  3. Publish procurements to a single hub where suppliers submit bids online without manual paperwork.
  4. Evaluate offers using system-recorded bids and integrated comparison tools.
  5. Award the contract and auto-generate documentation from the system data for a signed source of truth.

Frequently asked questions

How does the platform support audit requirements?

Every stage of the process is digital and transparent. All bids, clarifications, and selection criteria are system-recorded, creating an auditable trail for internal control frameworks.

Can we manage different types of purchases in one place?

Yes, the platform serves as a single hub to publish procurements of any type or volume, supporting multiple auction formats to ensure competitive bidding.

How is the supplier pre-qualification process handled?

Pre-qualification is fully automated rather than handled document-by-document. Suppliers upload documents online and track their application status in real time, while qualified vendors are matched automatically to specific tenders.

Who currently uses Procure.az in Azerbaijan?

The platform is used by large Azerbaijani enterprises, including Kapital Bank, the PASHA group, the SOCAR group, and Azəriqaz.

What support is available for the procurement team?

Procure.az provides 8/5 in-house customer care and support to assist with platform operations.

Modernise your banking procurement

Contact us to see how Procure.az can reduce your sourcing cycles and strengthen your audit compliance.

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