Lio

What Lio is

Lio is a web-based multi-agent system for direct and indirect procurement. Its agents handle operational work such as matching, chasing, and exception handling, and support strategic tasks including building should-cost models, preparing negotiations, and managing contract and supplier lifecycles. The product also covers finance and logistics. Lio describes its role as adding operating capacity for enterprise procurement teams, including those in complex industries. It connects with systems enterprises already use, though the integrations are not named here. Lio offers approval workflows, policy controls, and supplier onboarding, and accepts intake through email. Transformation experts work with customers to redesign their procurement operating model. Lio was founded in 2023 and is headquartered in Munich and New York. Its CEO is Vladimir Keil, CTO Lukas Heinzmann, and COO Till Wagner. The service runs on Microsoft Azure. Lio says its information security management system is ISO 27001 certified, its controls align with SOC 2 standards, and customer data is isolated from shared AI model training. Security measures include encryption at rest and in transit, role-based access, multi-factor authentication, least-privilege permissions, and audited privileged access. Enterprise customers can request security documents and certificates.

Who it suits

Lio suits enterprise procurement teams seeking additional capacity across operational and strategic work, especially in complex industries. It may fit organizations that want procurement processes supported by customer-specific operating model redesign and email intake, approval, policy, and supplier onboarding controls.

Getting started

1. Visit https://www.lio.ai/.
2. Request a demo to discuss Enterprise pricing.
3. Discuss procurement operating model redesign with Lio's transformation experts.
4. Arrange enterprise access and request security documentation or certificates.

Verdict

Choose Lio if an enterprise procurement team needs agents across operational tasks and strategic supplier or contract work, with deployment support from transformation experts. Teams that need published pricing or named integration details will need to request them before assessing fit.