BRM

BRM is an AI-powered vendor and procurement management platform that streamlines buying, managing, and renewing vendor contracts. The platform uses AI agents to automatically discover every vendor relationship within a business, extract contract terms, and compile communications including emails, payments, and messages into a single structured view. BRM provides four layers of vendor intelligence: a foundational layer capturing contracts, amendments, SOWs, and renewal terms; a performance layer tracking SLA reports and delivery against obligations; a communication layer aggregating emails, meeting notes, and negotiation history; and a relationship intelligence layer surfacing renewal risk signals and strategic importance. The platform serves finance, compliance, legal, IT, operations, and procurement teams with use cases including vendor relationship intelligence, AI token spend management, auto-renewal rescue, agreement intelligence, auto intake and approval, and always-on compliance. BRM reports an average 20% vendor spend reduction and 51 minutes saved per contract. Founded in 2022 and headquartered in San Francisco, United States, the company has raised $21.6M in Series A funding from investors including Caffeinated Capital, Base10 Partners, Original Capital, Definition Capital, and Friends and Family Capital.

MarketingTech > Industry Specific Marketing > Insurance,

GRC Software > Compliance > Performance Reporting & Accountability,

Chatbots > Industry Specific > Banking And Financial Services > Accounting,

Banking Tech > Banking Channels > Conversational > Mortgage,

Finance & Accounting Tech > Accounting Solutions > Procure to Pay > Suite