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Prospeum

FOUNDED : 2018

LOCATION : Europe, Germany

TEAM SIZE : 2-10

SOLUTION MATURITY : Startup

FUNDING ROUND : N/A

Core functionality
Supplier Relationship Management (SRM)
Additional functionality
Services Procurement
Sourcing
Description

Prospeum is a small German startup providing a sourcing automation platform that manages all sourcing interactions for services procurement.

This covers from supplier scouting and qualification, specifically for complex IT and marketing services categories.

The platform offers project scoping and tendering, right through to sophisticated evaluation and analytics insights. Apart from automation, Prospeum offers strategic sourcing through fluid market matching, collaborative workflow, and transparent decision-making. Furthermore, it ensures healthy supplier relations through its SRM module, as well as onboarding, evaluation, and management at scale.

Prospeum also provides analytics with data aggregation, reporting, and real-time monitoring and can be easily integrated with existing ERP systems.

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