Efficiently launch and analyze large, complex sourcing events

Use Keelvar to run, analyze and award complex tenders that you typically manage using Microsoft Excel. By centralizing the entire process you will be able to conduct sourcing events far faster and will be able to evaluate multiple award scenarios based on price and non-price factors.

By Keelvar Systems Limited

Overview

Generate cost savings through optimization

Savings are generated via advanced features that encourage competition and creative bidding between suppliers. Cost avoidance of 15-20% can be reached as more and more spend categories are optimized.

Deliver efficiency gains by supporting process excellence

Through bidding quality control and optimized scenario analysis, buyers are able to reduce sourcing cycles by 50%. The solution uses easy automation to improve the quality and efficiency of sourcing events, with rapid event design driven by AI, bid data validation, and event auto-piloting.

Reduce risk by improving supplier award decision quality

Through advanced scenario analysis, buyers are able to ensure high-quality decisions that satisfy the demands and constraints of internal stakeholders. Share reports with key decision-makers and deliver the optimal supplier award scenario based on cost, value, and risk.

Details

Solution type

Extensions and Add-ons

Industry

Cross-Industry, Consumer Products, Industrial Manufacturing, Chemicals, High Tech

Compatibility

Works with

This product is compatible with or enhances the functionality of these SAP solutions but doesn't require them.
SAP Ariba SourcingSAP Ariba Contracts

Features

Real-time supplier feedback for every bid

Allow suppliers to offer non-price bid considerations, such as capacity, alternative items, favorable terms, discount packages, and service commitments. Our “traffic light” feedback automatically keeps suppliers current on where their bids rank.

Real-time supplier feedback for every bid
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Create new tenders with minimal effort

Smart upload of existing bid sheet templates using drag-and-drop functionality facilitates a fast set up of any type of tender. SO also performs data quality control by proactively validating supplier offers during the bidding process, leading to further time savings.

Create new tenders with minimal effort
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Optimize decision-making via scenario analysis

Evaluate real-world market conditions alongside your organization’s business goals and account for preferences of internal stakeholders. Running a variety of “what if?” scenarios in real time makes it easy to compare results through graphical reports and determine the best award decision.

Optimize decision-making via scenario analysis
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Plans and pricing

  • SO Tier 1

    Full functionality for 5 users

    Includes 5 Users
    Per Year
    EUR 50,000.00
    • Minimum contract 1 year

    Full functionality for 5 users

    Includes 5 Users

  • SO Tier 2

    Full functionality for 10 users. Higher user tiers require bespoke quotation

    Per Year
    EUR 80,000.00
    • Minimum contract 1 month

    Full functionality for 10 users. Higher user tiers require bespoke quotation