As a result of collaboration with ISIT, Korrasat has successfully created a new generation of advanced proposal management systems for transforming the way enterprisesAs a result of collaboration with ISIT, Korrasat has successfully created a new generation of advanced proposal management systems for transforming the way enterprises

Korrasat Launches AI-Powered Proposal Automation Platform to Transform Enterprise Procurement

2026/02/02 23:10
4 min read

As a result of collaboration with ISIT, Korrasat has successfully created a new generation of advanced proposal management systems for transforming the way enterprises and governments develop and respond to RFP processes through innovative AI document analysis and automated requirement extraction.

— Korrasat’s innovative AI-powered proposal management system was launched today to disrupt the traditional RFP process used in enterprise and government procurement departments. The system allows organizations to completely eliminate the need for manual proposal preparation and development and enables the fastest possible delivery of compliant proposals. Thus, creating a revolutionary advancement in procurement technology.

Korrasat includes all of the tools required for RFP automation to streamline the entire proposal process from inception to completion. The platform enables users to create a fully streamlined proposal workflow, regardless if the user is working on a government RFP, a large scale tender or an enterprise proposal solution. Users of Korrasat will be able to save an enormous amount of time when submitting proposals while maintaining high levels of proposal quality and accuracy.

For many years, traditional bid management and tender management processes have been plagued by inefficiency. Businesses and governments alike spend hours on repetitive manual processes such as data entry. Korrasat is the first AI powered procurement solution to address this issue by providing automatic document analysis, instant requirement extraction and generating compliant responses based on the tender requirements.

“We are extremely excited to bring Korrasat to market and feel confident that it will be a game changer in enterprise procurement technology and dramatically change the way that businesses and governments interact with each other to automate the tender response and bid management processes”, said Mohmmad Samedi, Founder and CEO of Korrasat.

Designed for used by enterprise procurement teams and government agencies, Korrasat has been designed to be flexible and customizable. In addition to its ability to analyze documents and automatically extract the requirements from RFP’s, the Korrasat platform will also provide automated workflow management to manage collaborative efforts among team members. This includes automatic assignment of tasks, tracking deadlines and providing real time updates as to the status of each task assigned to a member of the team. Additionally, Korrasat provides built in compliance tools to ensure proposals submitted through the platform meet regulatory and tender specification requirements, which may otherwise result in disqualification.

In addition to supporting the needs of individual organization, whether it is one large scale tender or multiple simultaneous large scale tender, Korrasat will easily scale to meet the needs of each organization. Organizations can expect to save up to 70% of the time spent preparing bids due to the automation of repetitive tasks and use of AI driven procurement intelligence to automate the entire RFP response process.

At a time when organizations around the world are looking to modernize their procurement operations, the release of Korrasat could not have come at a better time. Organizations currently spend too much time and resources processing manual bid submissions and are exposed to increased error rates and missed deadlines as a result of these manual processes. With Korrasat’s RFP automation capabilities, organizations will be able to submit more tenders while improving their proposal accuracy and consistency. The Korrasat platform is far more than just a simple RFP automation tool, it also offers intelligent insights and suggestions to aid teams in developing successful proposals.

Korrasat is now available to enterprises and government agencies who wish to automate their RFP processes. Korrasat supports flexible deployment options and offers dedicated technical support to assist in seamless integration of Korrasat into current procurement systems. To learn more about Korrasat, please visit https://korrasat.ai/.

About Korrasat

Korrasat, an AI-based Proposal Automation Platform was developed to support organizations with their RFP, Tender and Bid Response Management. Korrasat was created through a partnership between ISIT, a leading Saudi Technology Company and ISIT’s research and development division. Korrasat utilizes Automated RFP Response, Compliance Intelligence, Advanced Document Analysis, and other technologies to allow Enterprise and Government Teams to create faster, more accurate and less risky bids. The platform serves diverse clints including government agencies, large enterprise, and organizations committed to modernizing their procurement operations.

Contact Info:
Name: Mohamed Smadi
Email: Send Email
Organization: Korrasat
Website: https://korrasat.ai/

Release ID: 89182363

If you detect any issues, problems, or errors in this press release content, kindly contact [email protected] to notify us (it is important to note that this email is the authorized channel for such matters, sending multiple emails to multiple addresses does not necessarily help expedite your request). We will respond and rectify the situation in the next 8 hours.

Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact [email protected] for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.

You May Also Like

Crypto News: Donald Trump-Aligned Fed Governor To Speed Up Fed Rate Cuts?

Crypto News: Donald Trump-Aligned Fed Governor To Speed Up Fed Rate Cuts?

The post Crypto News: Donald Trump-Aligned Fed Governor To Speed Up Fed Rate Cuts? appeared on BitcoinEthereumNews.com. In recent crypto news, Stephen Miran swore in as the latest Federal Reserve governor on September 16, 2025, slipping into the board’s last open spot right before the Federal Open Market Committee kicks off its two-day rate discussion. Traders are betting heavily on a 25-basis-point trim, which would bring the federal funds rate down to 4.00%-4.25%, based on CME FedWatch Tool figures from September 15, 2025. Miran, who’s been Trump’s top economic advisor and a supporter of his trade ideas, joins a seven-member board where just three governors come from Democratic picks, according to the Fed’s records updated that same day. Crypto News: Miran’s Background and Quick Path to Confirmation The Senate greenlit Miran on September 15, 2025, with a tight 48-47 vote, following his nomination on September 2, 2025, as per a recent crypto news update. His stint runs only until January 31, 2026, stepping in for Adriana D. Kugler, who stepped down in August 2025 for reasons not made public. Miran earned his economics Ph.D. from Harvard and worked at the Treasury back in Trump’s first go-around. Afterward, he moved to Hudson Bay Capital Management as an economist, then looped back to the White House in December 2024 to head the Council of Economic Advisers. There, he helped craft Trump’s “reciprocal tariffs” approach, aimed at fixing trade gaps with China and the EU. He wouldn’t quit his White House gig, which irked Senator Elizabeth Warren at the September 7, 2025, confirmation hearings. That limited time frame means Miran gets to cast a vote straight away at the FOMC session starting September 16, 2025. The full board now features Chair Jerome H. Powell (Trump pick, term ends 2026), Vice Chair Philip N. Jefferson (Biden, to 2036), and folks like Lisa D. Cook (Biden, to 2028) and Michael S. Barr…
Share
BitcoinEthereumNews2025/09/18 03:14
Vitalik Buterin Backs an Altcoin Focused on Privacy and Finality

Vitalik Buterin Backs an Altcoin Focused on Privacy and Finality

Vitalik Buterin has quietly reinforced his long-standing view that privacy remains core to crypto’s future, backing a major Zcash consensus upgrade at a moment
Share
Ethnews2026/02/07 17:58
Strategy’s Balance Sheet Safe Unless Bitcoin Drops Below $8K, CEO Says

Strategy’s Balance Sheet Safe Unless Bitcoin Drops Below $8K, CEO Says

TLDR Strategy’s CEO claims balance sheet is safe unless Bitcoin stays below $8K for five years. Charles Hoskinson loses $3 billion in crypto but has no plans to
Share
Coincentral2026/02/07 18:34