SourceIQ
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Your complete Source to Contract solution (S2C)

Know what you should be paying. Then RFx, switch, award, contract and save.

Load your price list, send one RFx and see every line against what you pay today: by round, by category, by vendor. SourceIQ shows where to switch, where your price is already the best, and the target to send back.

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Savings guarantee. If the RFx events we run do not save your annual licence, we refund it.→
RFx stats in SourceIQ: every round against what you pay today, by category
Real event 139 lines · round 2 +64.4% vs today · target −4.9%
Organisations in the test environment · demo data
GPOQadiraLinecrestHalmaraSunset HospitalityJumeirah Restaurant GroupPizza Express MEKitopiBWH Middle East
One job

Help every customer save more, and prove it

Every feature in SourceIQ serves one of three steps.

1

Know what you should pay

Upload invoices or a price list. Every item is placed by annual spend and by how far you pay above what other buyers pay for the same item.

2

Act where the money is

Top right is your RFx list. Small items others buy cheaper go to the GPO contract. Fair prices get locked. The tail goes to a rate card.

3

Prove every dirham

Identified, in action, realised: savings tracked from the matrix to the matched invoice, by category and by vendor.

Price against market and annual spend, every item one dot

The price and volume matrix

Up means you pay above the market median. Right means you spend more. The box tells you the play, and the conversion bar shows how much of the saving you have already banked.

IdentifiedAED 1.3M
In actionAED 674k
RealisedAED 580k
See the whole product →
Analytics

Every number, one click from the decision

Built from matched invoices, events and orders. Click a tab, click the picture to open it full size.

BI Dashboard
BI Dashboard Spend by month, distributor, category and location from matched invoices; click any bar to filter the page.
Pricing Health Check
Pricing Health Check Where you pay above the curve for your volume, item by item, with the money on the table.
Price and volume matrix
Price and volume matrix Every item by annual spend and gap to market. The box tells you the play.
Basket vs country inflation
Basket vs country inflation Your price change against the country CPI with your own spend weights, rebased to any month.
Save more and conversion
Save more and conversion Identified, strategy set, in action, realised. What is still on the table.
Today, yesterday, 7 and 30 days
Today, yesterday, 7 and 30 days Spend, savings, POs, awards and every status change in the period.
Risk register
Risk register Financials, exposure, country, route and customer flags for every vendor.
Vendor insights
Vendor insights Money on the table for a supplier: wallet, price index, journey, peers.

What it does to the numbers

6.0%saving on awarded lines vs the last paid price, in the test environment events
3.1 daysfrom request to purchase order, median, against 2 to 3 weeks by email
93%of uploaded invoice lines matched to a catalogue item automatically
3 quoteson every event, from pre qualified vendors, or the system tells you who to invite

Figures from the test environment and the pilot design; pilot customers replace them with their own.

Who it is for

Worked example · demo data

A 139 line packaging and hygiene RFx, from upload to award

A catering group loads its price list. SourceIQ matches every line, invites the sellers that fit, ranks bids L1 to L5 per line and sends the award through the DOA. On mobile, the manager swipes through the bids and awards from the phone.

139lines in one event
5sellers ranked per line
1 clickaward to the best bid per line or one seller
4 stepsDOA from head chef to CFO

See it with your own vendors and items

Book a demo and we will show the platform on your categories. SourceIQ, Dubai.

hello@sourceiq.app