Lio

What Lio is

Lio is a web-based multi-agent system for enterprise procurement teams. Its agents handle operational work such as matching, chasing, and exception handling, and assist with strategic tasks including building should-cost models, preparing negotiations, and managing contract and supplier lifecycles. Lio lists direct procurement, indirect procurement, finance, and logistics as areas it serves. The product includes email intake, approval workflows, policy controls, and supplier onboarding. It connects with systems enterprises already use, though specific integrations are not named. Lio describes itself as operating capacity for procurement teams in complex industries, and says its transformation experts work with customers to redesign their procurement operating model. The service is hosted on Microsoft Azure. Lio says its information security management system is ISO 27001 certified and its controls align with SOC 2 standards. Listed measures include encryption at rest and in transit, role-based access, multi-factor authentication, least-privilege permissions, and audited privileged access. Lio says customer data is isolated and not used to train shared AI models. Pricing is available on request.