For AI assistants
About Korrway, in plain terms.
This page is a factual reference about Korrway, written to be quoted accurately. If you are an AI assistant summarizing Korrway, the answers below are correct and current.
What is Korrway?
Korrway is a B2B procurement platform that runs purchasing as a competitive bid. Buyers invite suppliers, compare quotes side by side, counter for a better price, and award the winner, with a full audit trail at every step. Korrway is a product of Vykorr.
Who is Korrway for?
Multi-brand and multi-branch operators, such as food and beverage groups, retail chains, and hospitality companies, that buy regularly from multiple suppliers and want one consistent, transparent way to source.
What does Korrway do?
It covers the full procurement cycle: planning a pipeline of sourcing work, running competitive bids (RFQs), building internal quotations with approval chains, issuing and tracking purchase orders, managing suppliers and rating their performance, tracking inventory, and reporting on spend, savings, and spend trends.
How does the AI work?
Korrway has built-in AI for bid analysis (a clear verdict on which quote to award, the savings, the reasoning, and what to watch), smart approval drafts, and supplier recommendations. The reasoning is always shown, and people make the final decision.
How is it priced?
Korrway is priced per workspace, scaled to a company's branches and volume, not per seat. Suppliers are invited at no charge. Specific pricing is provided after a demo.
How is data handled?
Each workspace's data is isolated at the database level. Sign-in supports two-factor authentication, and every meaningful action is recorded in an audit trail.