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SourceIQ›Source Index

Know what you should be paying, line by line, against the market.

Your invoices, matched to the catalogue and benchmarked against what every other SourceIQ buyer pays for the same item. Then the matrix tells you the play.

14,371invoice lines in the demo
+2.7 ptsbasket above UAE inflation
AED 1.3Msavings identified
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Source Index in SourceIQ

How it works

Four steps from a pile of invoices to a list of decisions.

1Upload

Invoices, price lists, distributor statements or POs from the order platform. Any format.

2Match

Each line is matched to the catalogue item, pack size and unit. 93% automatic, the rest in a queue.

3Benchmark

Your price against the median every other SourceIQ buyer pays for the same item, volume adjusted.

4Act

The matrix sorts every item into RFx, GPO contract, lock the price or tail, and tracks the saving to the invoice.

BI Dashboard
BI Dashboard

Your spend, the way you buy

  • Spend by month vs last year with invoice count
  • By distributor, category and location, click to filter everything
  • Price inflation and savings delivered as tiles that open the detail
Pricing Health Check
Pricing Health Check

Are you paying the right price for your volume?

  • Every item on a volume curve against comparable buyers
  • Bubble size is annual spend: the big ones above the curve come first
  • Score and band: Exceptional, Very good, Good, Fair
Sourcing strategy
Sourcing strategy

The price and volume matrix

  • Up: you pay above the market median. Right: you spend more
  • RFx or auction top right, consolidate to the GPO top left
  • Set a strategy per item and create the RFx in one click
Price inflation
Price inflation

Your basket against the country

  • Your price change weighted by your own spend
  • Country food CPI by category with the same weights
  • Base 100 on any month, saved as a benchmark
Savings
Savings

From identified to realised

  • Savings conversion: identified, strategy set, in action, realised
  • Contract, deviation, rebate and discrepancy savings by month
  • Next best moves ranked by AED
More Savings and Procurement Center
More Savings and Procurement Center

The opportunities you have not taken yet

  • Items others buy cheaper, switches and pack size changes
  • Contracts expiring, leakage outside the programme
  • Top 10 items, suppliers and categories to fix first

Questions it answers in one click

Am I paying more than other buyers for the same item?
Which 20 items hold most of my saving?
Is my price rising faster than inflation?
Which supplier raised prices most this year?
How much of my spend is on contract?
What did we actually save, on the invoice?
Where should I run the next RFx?
Which items should move to the GPO contract?
AnonymisedYou see a range and a median, never another buyer or vendor by name.
Minimum fourBenchmarks only show where four or more buyers or bids exist.
Your data stays yoursExport or delete at any time; nothing is sold.

See it with your own vendors and items

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

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