Velon

About Velon

Velon provides AI-powered digital employees designed to augment and automate procurement operations for large-scale organizations. The company's core offering consists of a suite of AI agents, such as 'Natalie,' 'Bob,' and 'Sophie,' each specialized for distinct procurement functions. These agents are engineered to handle tasks ranging from tactical buying and purchase order management to strategic sourcing and supplier network development.

The business model centers on deploying these AI employees within a client's existing infrastructure. The technology integrates directly with established Enterprise Resource Planning (ERP), source-to-pay, and procure-to-pay (P2P) systems, allowing for autonomous operation. This approach aims to deliver measurable outcomes by increasing efficiency, generating cost savings, and enhancing supply chain resilience without requiring significant changes to a client's current processes.

Velon targets Global 2000 companies and other demanding organizations where procurement complexity is a significant operational challenge. The service is positioned to transform procurement from a manual, meeting-dependent function into a streamlined, data-driven operation. The company is rolling out its services in phases, with an ERP-integrated sourcing pilot currently available and plans for fully autonomous negotiation capabilities in the near future.