PRM360 is a cloud-based procure-to-pay suite from Acads360 India Pvt Ltd. The software covers the purchasing process end to end: posting requirements, receiving supplier quotes, contract and catalogue management, invoice handling, spend analysis and budgeting. It also offers reverse and forward eAuctions and approval workflows. The vendor adds AI-assisted validation and states that the platform runs in a mobile browser. PRM360 is consumed as a cloud service; no self-hosted or open-source alternative is mentioned.
Acads360 is an Indian company, so the service falls under Indian law rather than the law of an EU member state. The public sources name no hosting regions, no European hosting option and no parent company outside India. European organisations considering PRM360 should therefore have the storage location of their purchasing, supplier and invoice data, the data processing agreement and any transfer of personal data outside the EU confirmed in writing before signing a contract. The source code is not public.