Company
About Beroe
Every day, we enable tens of thousands of procurement professionals to make the right decisions for their business. With Beroe, you're always in the driver’s seat. We're here to take uncertainty out of the equation—setting the optimal direction, helping you navigate at every turn to find the optimal route to unlock efficiencies in a changing world.
We empower procurement and supply chain professionals with critical intelligence to make smarter sourcing decisions.
Beroe has been on procurement’s leading edge since the company’s founding in 2006, bringing a world of insights forward. The unique combination of Beroe’s expertise, artificial intelligence tools, and vast amounts of data enables organizations to make smarter, faster, better procurement decisions. Not tomorrow, not today, but now. Beroe helps thousands of organizations sift through the data noise, mitigate risk, face fewer surprises, and ultimately gain a competitive edge.
How does Beroe help?
When building a category strategy, in engaging with suppliers and other players in the overall market, you want to make sure you’re always one step ahead and have all the information you need at your fingertips to craft the most robust strategy. With Beroe Live.ai, procurement organizations have all the tools they need to stay as informed as possible.
Ultimately, our goal is simple: To help procurement minimize surprises and maximize margins. Those are the two vectors on which we measure the value we deliver.
Core Solutions
Category Watch
Category Watch blends AI with human expertise to provide a comprehensive view of the category you want to monitor. With four specialized sub-modules - Category Insights, Geopolitical Alerts, Benchmarking, and Alerts & Advisories - Category Watch empowers you to align strategies, uncover opportunities, and navigate market risks precisely and efficiently.
Supplier Watch
Supplier Watch offers real-time visibility and insights to help procurement teams proactively manage supply-based risks. With three powerful sub-modules - Supplier Discovery, Supplier Risk Monitoring, and Supply Chain Disruptions - it enables you to identify new suppliers, monitor existing ones, and confidently navigate potential disruptions.
Inflation Watch
Inflation Watch allows you to assess inflation exposure across organization, portfolio, product, and category levels. With deep insights into cost drivers and price forecasts, tailored to your spend profile, this tool can help you identify cost-saving levers and risk mitigation strategies, safeguarding margins, optimizing spend, and maintaining a competitive edge in a volatile market.
Partners
Beroe’s data, content, and platform partners provide in-app and embedded procurement intelligence. Our growing ecosystem of more than 30 partners are leading global solution providers that complement our offerings and give you greater access to real-time data and information. Learn more about our trusted partners.
Milestones and company history
2006 – CEO and Founder Vel Dhinagaravel started Beroe at North Carolina State University along with Robert Handfield to address the massive knowledge gap in understanding the procurement community's supply market dynamics.
2007 – Beroe sets up its offshore operations with a team of 3 research analysts in India.
2010 – With over 50 customers globally, Beroe sets up offices in other international locations, starting with Shenzhen, China, and then Rosario, Argentina.
2011 – Beroe transitions from a generalist research approach to a category specialist approach. Growing stronger, Beroe opens its second location in Chennai, India (our sixth globally).
2013 – Beroe's offering was developed in line with its growth. Launches Beroe Infinity and Beroe Insync (the precursor to Beroe LiVE)
2014 – Relaunches its brand with a new identity - Advantage Procurement.
2017 – Introduces a four-day workweek to improve the work-life balance of its employees.
2018 – FreeTheIntel Launches Beroe Live.ai, an on-demand procurement intelligence platform that offers free access to research covering 200+ categories.
2019 – Created the largest community for procurement professionals on Beroe Live.ai, with over 100,000 members from 20,000 companies.
2020 – Launch of Abi, an AI-enabled assistant enabling conversational interactions.
2024 – Brand relaunch and platform expansion to reflect the company’s transition from a custom research shop to a digital-first enterprise.
Actionable intelligence on more than 2,300 categories
Actionable intelligence on more than 2,300 categories
Get in touch
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