Learn how Arkestro partnered with OneSchema to increase engineering velocity on their core differentiators and make their Predictive Procurement Orchestration platform even more effective.
Arkestro is on a journey to redefine how procurement is done. Today, procurement practitioners often negotiate with suppliers with the same Excel spreadsheets that they’ve been using for the past 20 years. There’s no standard practice or template, which means the buyer and seller have to spend the first part of their engagement on deciphering the spreadsheets and finding common understandings.
One of Arkestro’s unique innovations is how their Predictive Procurement Orchestration platform combines proprietary machine learning, game theory, and data science models on historical data to help customers save an average of 16% on quotable spend within the first 60 days.
Focusing their team on the company’s core competencies of machine learning and data science meant a build vs buy evaluation on spreadsheet imports, one way they often receive data from their clients. They needed a solution that would meet all their current functional requirements, but could also scale alongside the company.
Before OneSchema, Arkestro used a homegrown solution with a third-party tool. It was “kludgy.” The experience and the ability for the team to respond to defects left much to be desired. On top of that, spending engineering resources when the tool broke meant the team wasn’t focusing as much time doubling down on their strategic differentiator over other procurement tools.
After evaluating how much it would cost to build the importer in-house and considering that they would be investing in a solved problem, Arkestro decided to partner with a spreadsheet importer that could catalyze their ambitions as a company without jeopardizing their quality and standards.
{{quote-1}}
After evaluating different vendors, Arkestro chose OneSchema for its ease of implementation and robust branding suite which allowed the team to build user-facing import function that looked and felt like a native product.
Arkestro configured, tested, and implemented OneSchema’s importer in a single week. When looking at embeddable CSV Import solutions, they needed it to both match the existing level of user experience their customers are used to and have the product seamlessly fit into theirs.
{{quote-2}}
Part of what made the OneSchema experience so magical was the support that Arkestro received from OneSchema team members.
{{quote-3}}
After implementation, OneSchema was directly able to contribute to one of Arkestro’s core competencies: ease of use. User centricity to Arkestro means delivering a delightful experience that optimizes time to value for their customers. One such example was when Arkestro’s simplicity, combined with structured and consistent data, cut down a customer’s six-month lead time down to three to six weeks. OneSchema’s platform meant Arkestro’s customers saw value quicker, without additional time or effort from the Arkestro team.
As Arkestro looked at the procurement landscape, they found that the industry was making a shift in demographics. The average tenure for a procurement professional is 40 years, which meant a new generation of procurement professionals were often inheriting spreadsheets developed by past experts with decades of subject matter experience.
This data, imported into the Arkestro platform, is a key part of their vision in building an intelligent integrated procurement platform that allows customers to measure their investments in procurement in a way that’s predictive and autonomous.
For Arkestro, partnering with OneSchema meant ensuring the data consistency and integrity needed to enable accurate machine learning outputs later down the funnel. By eliminating the engineering time needed to build and maintain CSV import in their platform, they’re able to spend more time on the value proposition of their product and further drive their competitive edge in the market.
{{quote-4}}
Now with OneSchema, Arkestro's team is able to focus on other areas of our product and the innovation that they're trying to drive through machine learning, behavioral science, and game theory.
{{blog-content-cta}}
Arkestro is on a journey to redefine how procurement is done. Today, procurement practitioners often negotiate with suppliers with the same Excel spreadsheets that they’ve been using for the past 20 years. There’s no standard practice or template, which means the buyer and seller have to spend the first part of their engagement on deciphering the spreadsheets and finding common understandings.
One of Arkestro’s unique innovations is how their Predictive Procurement Orchestration platform combines proprietary machine learning, game theory, and data science models on historical data to help customers save an average of 16% on quotable spend within the first 60 days.
Focusing their team on the company’s core competencies of machine learning and data science meant a build vs buy evaluation on spreadsheet imports, one way they often receive data from their clients. They needed a solution that would meet all their current functional requirements, but could also scale alongside the company.
Before OneSchema, Arkestro used a homegrown solution with a third-party tool. It was “kludgy.” The experience and the ability for the team to respond to defects left much to be desired. On top of that, spending engineering resources when the tool broke meant the team wasn’t focusing as much time doubling down on their strategic differentiator over other procurement tools.
After evaluating how much it would cost to build the importer in-house and considering that they would be investing in a solved problem, Arkestro decided to partner with a spreadsheet importer that could catalyze their ambitions as a company without jeopardizing their quality and standards.
{{quote-1}}
After evaluating different vendors, Arkestro chose OneSchema for its ease of implementation and robust branding suite which allowed the team to build user-facing import function that looked and felt like a native product.
Arkestro configured, tested, and implemented OneSchema’s importer in a single week. When looking at embeddable CSV Import solutions, they needed it to both match the existing level of user experience their customers are used to and have the product seamlessly fit into theirs.
{{quote-2}}
Part of what made the OneSchema experience so magical was the support that Arkestro received from OneSchema team members.
{{quote-3}}
After implementation, OneSchema was directly able to contribute to one of Arkestro’s core competencies: ease of use. User centricity to Arkestro means delivering a delightful experience that optimizes time to value for their customers. One such example was when Arkestro’s simplicity, combined with structured and consistent data, cut down a customer’s six-month lead time down to three to six weeks. OneSchema’s platform meant Arkestro’s customers saw value quicker, without additional time or effort from the Arkestro team.
As Arkestro looked at the procurement landscape, they found that the industry was making a shift in demographics. The average tenure for a procurement professional is 40 years, which meant a new generation of procurement professionals were often inheriting spreadsheets developed by past experts with decades of subject matter experience.
This data, imported into the Arkestro platform, is a key part of their vision in building an intelligent integrated procurement platform that allows customers to measure their investments in procurement in a way that’s predictive and autonomous.
For Arkestro, partnering with OneSchema meant ensuring the data consistency and integrity needed to enable accurate machine learning outputs later down the funnel. By eliminating the engineering time needed to build and maintain CSV import in their platform, they’re able to spend more time on the value proposition of their product and further drive their competitive edge in the market.
{{quote-4}}
Now with OneSchema, Arkestro's team is able to focus on other areas of our product and the innovation that they're trying to drive through machine learning, behavioral science, and game theory.
{{blog-content-cta}}
