Beyond Key’s ProcureKey Recognized with Technology Innovation Award at 14th Procurement Excellence Summit 2025

Gurugram, India, August 5 2025: Beyond Key’s sourcing automation software, ProcureKey, was recognized with the Technology Innovation Award at the 14th Procurement Excellence Summit & Awards 2025 held in Gurugram.

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The summit brought together leaders and practitioners from procurement and supply chain functions across industries including manufacturing, healthcare, retail, and infrastructure. The event served as a forum to discuss current challenges and emerging solutions shaping the future of enterprise sourcing and procurement.

The Technology Innovation Award was presented to ProcureKey in acknowledgment of its contribution to digitizing and structuring procurement workflows through AI and automation. Purpose-built for procurement teams, the software supports end-to-end sourcing—from purchase requisition to bid evaluation and award—while enabling configurable approval processes, real-time collaboration, and traceability. Its AI-led capabilities assist in supplier identification, automated bid comparisons, and data-backed decision-making across sourcing scenarios.

Several organizations have reported process improvements such as shorter sourcing cycles, better governance, and reduced manual effort after adopting ProcureKey. The software has been used across diverse procurement environments, including indirect, services, and CAPEX sourcing.

Speaking on the recognition, Piyush Goel, Founder & CEO of Beyond Key, said, “This award reflects the practical value ProcureKey has delivered in simplifying sourcing processes and supporting procurement teams in meeting their goals. We have been investing heavily in AI-led transformation to help organizations move beyond manual workflows toward smarter, more accountable sourcing.”

The Procurement Excellence Summit included expert-led sessions and panel discussions focused on procurement transformation, supplier collaboration, and the role of technology in enabling strategic sourcing.