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Keelvar description
Keelvar offers sourcing software for large companies in various industries like manufacturing and retail. It helps manage requests for quotes (RFQs) and auctions for goods and services. Keelvar uses algorithms and automation to streamline sourcing, promising cost savings and reduced workload. It caters to both complex and simple sourcing needs, aiming to improve efficiency and supplier engagement.
What companies are using Keelvar?
Who is Keelvar best for
Keelvar is a sourcing optimization platform designed for large enterprises. It streamlines processes like RFQs and auctions using algorithms and automation, leading to cost savings and reduced workload. Keelvar caters to complex sourcing needs, particularly in industries like manufacturing and retail.
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Best fit for medium to large enterprises (101+ employees).
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Ideal for manufacturing, retail, and consumer goods companies.
Keelvar features
| Supported Keelvar supports supplier evaluation with customizable criteria, including quality and compliance monitoring. |
| Supported Keelvar fully supports RFP management, from creation to vendor selection. |
| Supported Keelvar streamlines communication and information exchange with suppliers. |
| Supported Keelvar supports supplier groups with search and filtering, similar to a supplier directory. |
| Supported Keelvar supports online auctions with features for bidding, lot management, and progress tracking. |
| Supported Keelvar supports eAuction management with features like English and Dutch auctions, real-time bidding, and post-auction analytics. |
Keelvar alternatives
CoupaBetter for spend management across wider range of business sizes and industries. Has broader functionality beyond sourcing, including expense management and accounts payable automation. More established, with slower growth but more reviews and user feedback.Read more
SAP AribaBetter for organizations needing procure-to-pay cycle management and ERP integration. A steeper learning curve and potentially higher cost are drawbacks for some. Consider this Keelvar competitor if robust spend management and SAP integration are priorities.Read more
IvaluaIvalua is a better fit for businesses seeking a comprehensive procurement suite with advanced features like contract lifecycle management and a no-code AI platform. It has stronger momentum in website traffic growth, but slower employee growth. Users appreciate Ivalua's configurability and reporting capabilities, but some have noted performance issues and limitations in certain modules. Ivalua is a Keelvar alternative best suited for mid-size to large companies.Read more
JaggaerBetter for spend management across more verticals including healthcare, finance, retail, consumer goods, manufacturing, education, construction, transportation, tech, professional services, and automotive. It has broader functionality, covering the entire spending lifecycle. Jaggaer is growing faster. Users highlight its power, ease of use, security, and excellent customer support, but some find it complex and occasionally slow.Read more
ProdensusBetter fit for small to mid-sized businesses focused on logistics and supply chain. It has more momentum currently and specializes in AI-driven freight procurement and data enhancement, unlike Keelvar's broader sourcing focus. A Keelvar competitor and alternative for those prioritizing freight optimization.Read more
AirbaseBetter for finance teams in mid-sized businesses needing expense management, AP automation, and corporate cards. A Keelvar alternative focused on spend management and financial control. Website traffic is growing faster, but employee growth is slower.Read more
Keelvar FAQ
What is Keelvar and what does Keelvar do?
Keelvar's sourcing optimization software helps large companies streamline procurement through automation and AI-powered analysis. It manages RFQs, auctions, and supplier relationships, leading to cost savings and improved efficiency for businesses with complex sourcing needs.
How does Keelvar integrate with other tools?
Keelvar integrates with other enterprise systems via APIs. It connects with ERP, CRM, and other procurement tools to streamline data flow and enhance sourcing processes. This integration helps synchronize information and reduce manual data entry.
What the main competitors of Keelvar?
Keelvar's main competitors include Coupa, SAP Ariba, Ivalua, Jaggaer, and Prodensus. These platforms offer similar sourcing, procurement, and spend management solutions for businesses of varying sizes.
Is Keelvar legit?
Keelvar is a legitimate sourcing software provider. They offer solutions for large companies to manage RFQs and auctions, aiming to streamline procurement and reduce costs. With a positive growth trajectory and a 4.5-star rating on Glassdoor, Keelvar appears to be a safe and reliable choice.
How much does Keelvar cost?
Keelvar does not publicly disclose pricing information. Contact their sales team for a custom quote based on your specific needs and the scale of your sourcing operations.
Is Keelvar customer service good?
Keelvar's customer service is generally considered excellent. Users highlight the quick responses, helpful problem-solving, and knowledgeable support staff. While some desire a toll-free number, support is readily available through other channels. The team is praised for its responsiveness and proactive communication.
Reviewed by
Michal has worked at startups for many years and writes about topics relating to software selection and IT management. As a former consultant for Bain, a business advisory company, he also knows how to understand needs of any business and find solutions to its problems.
Tymon is a seasoned CTO who loves finding the perfect tools for any task. He recently headed up the tech department at Batmaid, a well-known Swiss company, where he managed about 60 software purchases, including CX, HR, Payroll, Marketing automation and various developer tools.