SourceIQ
Book a demo
SourceIQ›For SMEs

One RFx against what you pay today. Then approve, order and prove the saving.

No procurement team needed: load your price list, invite pre qualified vendors, award line by line and see every invoice matched.

6.0%saving on awarded lines
3.1 daysrequest to PO
93%invoice lines matched
Book a demo →
For SMEs in SourceIQ
For companies buying on their own

Four steps from your price list to a decision you can defend

Load what you pay today, send one RFx, and see every line against it. Switch where it saves, hold where your price is already the best, and push back with a target when it is not.

01

Know your baseline before you publish

Upload your price list or invoices. SourceIQ matches every line to the catalogue and shows the value, the categories and the vendors already mapped to them, before a single vendor sees the event.

  • Baseline value and lines without a price
  • Largest lines and category mix
  • Vendors suggested by category, country and scorecard
Before you publish: lines, baseline value, category mix and vendors mapped
02

Compare every bid against what you pay

Bids come back line by line, side by side with your current price. You see who is lowest on each line, the gap to today and the total if you award by line or by vendor.

  • Lowest bid per line, ranked
  • Every price against today's price, in AED and %
  • Award by line, by vendor or by scenario
Event cost comparison with today's price next to each bid
03

See the whole event in one screen

Round by round, by category, by entity and line by line. Green is a saving, red is above what you pay today. Click any number to see the lines behind it.

  • Where each round lands against today
  • Each category scored against today = 100
  • Every line on one map: value against gap
RFx stats: rounds against today, category index, tiles
04

Switch, hold, or send a target

SourceIQ does not push you to switch. If the market is above you, it says so and gives you the target to send back. If a price was already won in another event, you can move to it without running a new one.

  • Target price per line, sent back to the vendor
  • Switch to a price already won on the platform
  • Award becomes a contract or a rate card, then a PO
Round 2 and target against today, line by line
A real event, anonymised

A catering group with 6 entities ran 139 packaging and hygiene lines

The incumbent price turned out to be good. SourceIQ showed it, and gave the buyer the target to send back.

AED 3.0Mpaid today, like for like
+82.8%vendor round 1
+64.4%vendor round 2
−4.9%target sent back
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
Who it is for

Built for companies that buy the same items every month

Restaurant groups, caterers, cloud kitchens, hotels in operation, retail F&B. One company plan, a licence per user, vendors free. Use a GPO contract item by item, or none.

Restaurant groupsCaterersCloud kitchensHotels in operationRetail F&BBuying groups
RequestRFxAwardPOReceiptRating
Core IQRequests, approvals, purchase orders, goods receipt, contracts
Source IQRFI, RFQ, RFP, auctions, cost comparison, counter offers, award
Score IQPre qualification, vendor scorecard, ratings on every delivery
Index IQSource Index: what others pay, price vs volume, inflation, GPO contract prices
See pricingTry it as an SME →

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