Articles from ORO Labs

ORO Labs, the leading procurement orchestration platform, today announced the launch of the ORO Partner Enterprise Network (OPEN), a strategic ecosystem designed to help enterprises accelerate outcomes through a unified partner-first approach to procurement. The OPEN program brings together technology providers, consulting firms, and service partners into a single, outcomes-driven network aligned around customer success.

ORO Labs, the market’s leading enterprise-grade intake management and procurement orchestration platform, has released its inaugural 2025 State of Enterprise Procurement Agility Report. The research, based on a global survey of more than 200 executives at enterprises with $500M+ in annual revenue, reveals procurement teams are under growing strain as tariffs, inflation, and supplier volatility collide with shrinking teams and disconnected systems that slow their ability to respond.

ORO Labs, the market’s leading enterprise-grade intake management and procurement orchestration platform, today unveiled new agentic AI capabilities that give procurement teams more control over how and where they apply automation. The launch introduces a no-code AI Agent Builder that allows teams to design and deploy their own agents with ease. Building on their existing portfolio, ORO has also released a new tranche of pre-built AI agents to speed up compliance processes and improve risk detection.

ORO Labs, the market’s leading enterprise-grade intake management and procurement orchestration platform, has been named the winner of the Procurement Technology Provider Award at the 2025 World Procurement Awards.

ORO Labs, the market’s leading enterprise-grade intake management and procurement orchestration platform, has acquired ProcureTech, a digital accelerator focused on advancing the future of procurement. The strategic acquisition will propel ORO’s global growth and strengthen its relationships with consulting and integration partners, unlocking new opportunities for co-innovation and procurement value creation.

ORO Labs, creator of an enterprise-grade intake management and procurement orchestration platform, today announced the general availability of platform enhancements that leverage the latest advancements in Generative AI (GenAI) technology. These new capabilities are focused on creating effortless procurement intake experiences for business users while ensuring the security and flexibility that global enterprises require.

ORO Labs, creator of an enterprise-grade intake management and procurement orchestration platform, has been named a Leader in the inaugural IDC MarketScape: Worldwide SaaS and Cloud-Enabled Spend Orchestration 2024 Vendor Assessment (doc #US51795424, September 2024). ORO Labs is increasing business agility and driving better enterprise outcomes through its no-code platform that integrates and multiplies the ROI of disparate solutions. By simplifying and humanizing the purchasing experience, ORO Labs orchestrates essential procurement processes, from requisitioning through invoicing, to supplier onboarding, risk management and more.

ORO Labs, creator of a market-leading no-code procurement orchestration platform, today announced it has been recognized in the Gartner® Hype Cycle™ for Procurement and Sourcing Solutions, 2024 report in both the Procurement Orchestration Platform and Intake Management technology markets. Procurement orchestration platforms is a new addition to the report this year and is described as one of the biggest market shifts, with ORO Labs listed as a Sample Vendor in this transformational technology.

ORO Labs, creator of a market-leading no-code procurement orchestration platform, today announced Emily Rakowski has joined the company as chief marketing officer. In this role, Rakowski will oversee the planning, development and execution of all of ORO Labs’ global marketing initiatives, including brand-building and awareness, demand generation, communications, and PR.

ORO Labs, creator of a market-leading no-code procurement orchestration platform, announced today it has received the world’s first ISO/IEC 42001:2023 certification issued with accreditation for an Artificial Intelligence Management System (AIMS). The first certifiable scheme of its kind, ISO/IEC 42001:2023, commonly referenced as “ISO 42001,” specifies requirements for establishing, implementing, maintaining, and continually improving AI systems. The certification marks the latest milestone in ORO Labs’ ongoing commitment to AI governance, including stringent data privacy and security policies.

ORO Labs, the company on a mission to humanize procurement, today announced the integration of its smart workflow platform with the SAP Ariba procure-to-pay solution and other SAP products, allowing customers to orchestrate spend and supplier management across siloed enterprise systems and data. Now available on the SAP Store®, ORO’s innovative platform helps companies quickly create intake workflows, build an integrated and orchestrated procurement tech stack, and dramatically simplify user engagement with SAP-powered purchasing throughout the organization.

ORO Labs, a leading global SaaS provider and creator of the world’s foremost smart workflow orchestration platform for procurement, today announced it has raised $34 million in Series B funding led by Felicis, with participation from existing investors including Norwest Venture Partners, B Capital, and XYZ Venture Capital. This latest round, which will support the company’s rapid scaling of international and platform growth, closes at the one-year milestone of ORO’s launch and the company’s November 2022 $25 million Series A, bringing total investment raised to $60 million.

ORO Labs, a leading global SaaS provider and creator of ORO, the world’s foremost smart procurement workflow orchestration platform, today announced it was selected for Spend Matters’ Future 5 list of the most impressive procurement technology startups. The Future 5 is a data-driven assessment of technology innovation, market momentum and sustainability, sourced and calculated by the entire Spend Matters analyst team to identify the best of the technology providers that serve procurement, finance and supply chain organizations.

ORO Labs, a global SaaS provider and creator of ORO, a smart procurement workflow orchestration platform, today announced its recognition as a winner in the prestigious annual DEMO competition, a benchmark for procurement innovation, at DPW Amsterdam 2023. DEMO recognizes the best startups in the biggest pitch competition for procurement and supply chain companies; ORO Labs won the “growth stage” company track. ORO Labs’ innovative platform helps companies quickly create intake workflows, build an integrated and orchestrated procurement tech stack, and dramatically simplify user engagement with purchasing throughout the organization.

ORO Labs, a global SaaS provider and creator of ORO, a smart procurement workflow orchestration platform, today highlighted its feature sponsorship at DPW Amsterdam 2023, where the company will be giving a keynote and pitching as one of four finalists in the prestigious DEMO competition for best procurement startups. ORO’s innovative platform helps companies quickly create intake workflows, build an integrated and orchestrated procurement tech stack, and dramatically simplify user engagement with purchasing throughout the organization.