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SOURCING REDEFINED

We provide you with a smart sourcing solution to increase quality, innovation and radically cut time-to-market

Prospeum Logo

SOURCING
REDEFINED

We provide you with a smart sourcing solution to increase quality, innovation and radically cut time-to-market

Having trouble with outsourcing complex products or services?

Say goodbye to traditional top-down sourcing approaches for good. Communication is the key to success. Prospeum's artifical intelligence (AI) based innovate-to-contract solution empowers your sourcing team to scout and collaborate with suppliers to source faster, more innovative products/services, and better quality.


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Why do 50-80% of all outsourced service projects exceed their budget, time schedule or end up with unexpected outcomes?

Because of miscommunication, both internally and with suppliers. Have a look at our case studies of prominent examples to learn more about bottlenecks in current sourcing approaches.

Innovate your procurement processes

Requirements Wizard

Easily set up specific project requirements in no time! Our AI based requirements wizard guides you through the process, no specific knowledge required.

AI Supplier Scouting

Known suppliers are not good enough? No problem, Prospeum identifies project relevant suppliers for you in the blink of an eye.

Supplier Collaboration

Bring your sourcing activities to the next level! Collaborate with both your own team and your suppliers to shape the products/services to your true needs. Collaboration even enables you to think outside the box and make sourcing an integral component of your innovation activities.

Compliant Evaluation

Which supplier fits best? With transparent communication, apples-to-apples evaluations and what-if analyzes we enable project owners to make faster and better business decisions.

Interested? Request a free Demo

I2C Process


Craft

Start with setting up industry standard project requirement templates, assisted by the Prospeum AI wizard. Never miss crucial requirements anymore! After setting up the requirements, you can invite all relevant team members from your organization to further refine the template. Our system offers you responsibility and task management functionalities to manage your team more efficiently.

Invite

Invite relevant suppliers or scout new ones. While creating the project requirements, Prospeum automatically extracts relevant profile attributes and identifies suitable suppliers beyond your current network. Don’t worry about confidentiality, our NLP algorithms run in state of the art data centers, all located in Germany in order to provide a maximum of security.

Collaborate

Don't just start an RFX with dozens of inaccurate answers. Make use of supplier specific knowledge to create innovative products serving your actual needs. Our Collaborator allows your team to discuss all relevant project aspects with knowledgeable contacts from all suppliers. As a project owner, you get full transparency to stay in the loop. As soon as you have discussed all the details, you can invite the suppliers to provide you with a quote.

Evaluate

Prospeum's structured RFX process allows to collect responses in a well formatted and easy to evaluate form. You can perform compliant decision making by collaboratively evaluating responses apples-to-apples. Optional, What-If-Analyzes enable you to be more flexible and make best possible decisions for your business.

Manage

We provide you with an easy to use supplier management module. Onboard, manage and review all suppliers directly within Prospeum to gather full transparency & compliance. We can also import existing suppliers from your SRM and/or transfer data back into your system landscape thanks to our REST API.

I2C Process

Craft

Craft

Start with setting up industry standard project requirement templates, assisted by the Prospeum AI wizard. Never miss crucial requirements anymore! After setting up the requirements, you can invite all relevant team members from your organization to further refine the template. Our system offers you responsibility and task management functionalities to manage your team more efficiently.
Invite

Invite

Invite relevant suppliers or scout new ones. While creating the project requirements, Prospeum automatically extracts relevant profile attributes and identifies suitable suppliers beyond your current network. Don’t worry about confidentiality, our NLP algorithms run in state of the art data centers, all located in Germany in order to provide a maximum of security.
Collaborate

Collaborate

Don't just start an RFX with dozens of inaccurate answers. Make use of supplier specific knowledge to create innovative products serving your actual needs. Our Collaborator allows your team to discuss all relevant project aspects with knowledgeable contacts from all suppliers. As a project owner, you get full transparency to stay in the loop. As soon as you have discussed all the details, you can invite the suppliers to provide you with a quote.
Evaluate

Evaluate

Prospeum's structured RFX process allows to collect responses in a well formatted and easy to evaluate form. You can perform compliant decision making by collaboratively evaluating responses apples-to-apples. Optional, What-If-Analyzes enable you to be more flexible and make best possible decisions for your business.
Manage

Manage

We provide you with an easy to use supplier management module. Onboard, manage and review all suppliers directly within Prospeum to gather full transparency & compliance. We can also import existing suppliers from your SRM and/or transfer data back into your system landscape thanks to our REST API.
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Contact Info

MUNICH OFFICE
TUM Incubator
Lichtenbergstraße 6
85748 Garching bei München
Germany
STUTTGART OFFICE
Rosenbergplatz 3
70193 Stuttgart
Germany
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