Platform Overview

Experience Services Sourcing at Scale

Prospeum is the leading sourcing automation platform for IT & Marketing services, that accelerates
procurement impact by optimizing every interaction throughout the supplier lifecycle.

Prospeum’s core is a dynamic, data enriched supplier pool enabling integrated end-to-end sourcing automation for simple to complex IT and marketing services

Prospeum streamlines services procurement operations

15%

More savings

60%

Faster Speed-to-market

100%

Sourcing ratio with Procurement Governance

∞

Insights

For every project from any requisitioner the best supplier at the right price with no effort

Drive your sourcing performance

Learn how Prospeum transforms your entire company

Sourcing Automation
Strategic Sourcing
Supplier Management
Analytics

For smaller projects – Bolster your procurement team, empower every employee to
compliantly self-source their needs and reach out to service providers with a few clicks.

Quick Brief

Prospeum QuickBid Automation guides your team through a quick scoping of the project in order to determine the right requirements and skills.

Fluid Supplier Matching

Access a fluid supplier pool. Based on the project specifications and further data, Prospeum automatically matches the best qualified suppliers, from within and outside your supplier base.

Proposal Collection

Prospeum automatically pre-qualifies all selected suppliers regarding their true capabilities and collects easy-to-compare proposals. You can ask for proposal revisions, until they suit your needs.

Nomination & Invoicing

Finalize your selection by nominating the best proposal with just a click. To be compliant, this task can also be overtaken by the procurement department. Afterwards, you can also make use of Prospeum’s automated invoicing if required.

For strategic projects – Accelerate your strategic sourcing
needs while staying in full control

IntelliBrief

IntelliBrief guides your team automatically through a comprehensive project brief. You can determine underlying templates to achieve consistency and compliance and Prospeum leverages machine learning to gradually adapt and improve scoping.

Fluid Supplier Matching

Access a fluid supplier pool. Based on the project specifications and further data, Prospeum automatically matches the best qualified suppliers, from within and outside your supplier base.

Collaborative Sourcing Workflow

Forget about Excel, hundreds of emails and telephone calls. In Prospeum, tender processes are not rigid and end in page-long PDFs. We enable you to easily involve suppliers and specialist departments in the project even before submitting an offer and to contribute ideas right from the beginning.

Transparent Decision Making

Prospeum makes it easy to create transparent evaluations. Team members work together, document their opinions and show different assessments. You can also include a fully digital beauty contest in your assessment. In the end, Prospeum enables a faster, better and fairer decision making.

Build strong relationships with possible partners for long-term business growth
reach out to service providers with a few clicks.

Onboarding at Scale

With Prospeum you can realize personalized onboarding at scale. Determine important requirements and our platform automatically takes care of pre-qualifications and continuous updates.

Evaluation at Scale

Gain insights into true supplier performance with Prospeum evaluations. Easily determine questions, cycle and stakeholders. Prospeum will then automatically collect, aggregate and analyze the feedback for you – fully digital.

Management at Scale

Use your newly gained insights to easier manage your entire supplier pool. Prospeum takes care by aggregating and displaying all relevant data in smart format. You only need to take action. We make it easy for you to handle more suppliers for increased competition.

Boost your standing and convince with real-time insights
and full visibility at your fingertips

Data Aggregation

Analytics and insights are smart with Prospeum. Our platform aggregates and analyzes all relevant data points from internal and external (e.g. ERP, world wide web) sources.

Reporting

Create customized reporting templates to easily analyze and correlate your data in real-time. You don’t need to prepare any reporting slides anymore. Export the data you need, or simply invite your executive board to Prospeum.

Real-time actions

Reporting graphs make your data simple to understand and help you to act quickly. Our real-time analytics will also allow you to monitor impact of undertaken initiatives with no effort.

Smart Data Hub

Get ready for the future. Prospeum can be your smart procurement data hub, as our robust APIs allow to integrate a multitude of third party applications. Use Prospeum to evolve from a monolithic towards a microseivice driven procurement organization.

Learn more »

Sourcing Automation: For smaller projects – Bolster your procurement team, empower every employee to
compliantly self-source their needs and reach out to service providers with a few clicks.

Quick Brief

Prospeum QuickBid Automation guides your team through a quick scoping of the project in order to determine the right requirements and skills.

Fluid Supplier Matching

Access a fluid supplier pool. Based on the project specifications and further data, Prospeum automatically matches the best qualified suppliers, from within and outside your supplier base.

Proposal Collection

Prospeum automatically pre-qualifies all selected suppliers regarding their true capabilities and collects easy-to-compare proposals. You can ask for proposal revisions, until they suit your needs.

Nomination & Invoicing

Finalize your selection by nominating the best proposal with just a click. To be compliant, this task can also be overtaken by the procurement department. Afterwards, you can also make use of Prospeum’s automated invoicing if required.
Strategic Sourcing: For strategic projects – Accelerate your strategic sourcing
needs while staying in full control

IntelliBrief

IntelliBrief guides your team automatically through a comprehensive project brief. You can determine underlying templates to achieve consistency and compliance and Prospeum leverages machine learning to gradually adapt and improve scoping.

Fluid Supplier Matching

Access a fluid supplier pool. Based on the project specifications and further data, Prospeum automatically matches the best qualified suppliers, from within and outside your supplier base.

Collaborative Sourcing Workflow

Forget about Excel, hundreds of emails and telephone calls. In Prospeum, tender processes are not rigid and end in page-long PDFs. We enable you to easily involve suppliers and specialist departments in the project even before submitting an offer and to contribute ideas right from the beginning.

Transparent Decision Making

Prospeum makes it easy to create transparent evaluations. Team members work together, document their opinions and show different assessments. You can also include a fully digital beauty contest in your assessment. In the end, Prospeum enables a faster, better and fairer decision making.
Supplier Management: Build strong relationships with possible partners for long-term business growth
reach out to service providers with a few clicks.

Onboarding at Scale

With Prospeum you can realize personalized onboarding at scale. Determine important requirements and our platform automatically takes care of pre-qualifications and continuous updates.

Evaluation at Scale

Gain insights into true supplier performance with Prospeum evaluations. Easily determine questions, cycle and stakeholders. Prospeum will then automatically collect, aggregate and analyze the feedback for you – fully digital.

Management at Scale

Use your newly gained insights to easier manage your entire supplier pool. Prospeum takes care by aggregating and displaying all relevant data in smart format. You only need to take action. We make it easy for you to handle more suppliers for increased competition.
Analytics: Boost your standing and convince with real-time insights
and full visibility at your fingertips

Data Aggregation

Analytics and insights are smart with Prospeum. Our platform aggregates and analyzes all relevant data points from internal and external (e.g. ERP, world wide web) sources.

Reporting

Create customized reporting templates to easily analyze and correlate your data in real-time. You don’t need to prepare any reporting slides anymore. Export the data you need, or simply invite your executive board to Prospeum.

Real-time actions

Reporting graphs make your data simple to understand and help you to act quickly. Our real-time analytics will also allow you to monitor impact of undertaken initiatives with no effort.

Smart Data Hub

Get ready for the future. Prospeum can be your smart procurement data hub, as our robust APIs allow to integrate a multitude of third party applications. Use Prospeum to evolve from a monolithic towards a microseivice driven procurement organization.

Learn more »

Prospeum is unprecedented in its simplicity, flexibility and collaboration features – a real quantum leap forward in digitally transforming the procurement organization

EVA KOCHLIARIDOU

Head of Group Procurement, LBBW

Ready to Source at Scale?

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