Arkestro vs Keelvar
Arkestro
arkestro.com
Keelvar
keelvar.comSide by side
| Figure | Arkestro | Keelvar |
|---|---|---|
| Price from | — | — |
| Free plan | — | — |
| Free trial | — | — |
| Open source | — | — |
| Web | Yes | Yes |
| API | — | Yes |
| Plans published | 0 | 1 |
| Spec score · Strategic Sourcing Software | 7.7 (#7) | 7.3 (#9) |
| Spec score · Sourcing Software | 7.7 (#8) | 7.4 (#10) |
| Founded | Arkestro says it was founded in 2017. | 2012 |
| Headquarters | Arkestro, Inc. lists its address as 60 29th St. #148, San Francisco, California 94110. | Cork, Ireland |
| Integrations | Arkestro says it syncs with ERP or P2P systems, using supplier, item, and historical purchase data and sending event awards back to the appropriate system. | Keelvar says it integrates with ERP, TMS, and procurement platforms including SAP Ariba and Coupa, and that integrations can typically be set up in days. |
| Security | Arkestro says it uses AWS hosting, AES encryption at rest, HTTPS and TLS 1.2 in transit, annual penetration tests, and vulnerability scanning. | Keelvar states that its SaaS sourcing products are covered by ISO/IEC 27001:2022 certification and that it is also certified to ISO/IEC 27701:2019 for privacy management. |
| What it does | The platform uses AI to help procurement teams set prices before suppliers respond, improve savings, speed negotiation cycles, and influence more spend. | Keelvar is an AI-native sourcing platform for large enterprises with complex supply chains, combining sourcing optimization and autonomous sourcing. |
| Who it is for | Arkestro presents the platform as built for enterprise procurement and lists automotive, oil and gas, high-tech manufacturing, manufacturing, construction, financial services, and food and beverage industries. | Keelvar says it is designed for enterprise-scale sourcing across significant spend, categories, geographies, and supplier bases, and is not a fit for small teams running only a handful of events annually. |
Plans
In their own words
Arkestro
Arkestro is a web-based predictive procurement platform for enterprise teams. It analyzes purchasing data with machine learning to recommend prices for sourcing events before suppliers respond. The platform combines behavioral science, game theory, data science, and automation to support pricing, supplier selection, negotiations, and workflow management. Teams can use competitive bidding and dynamic feedback, then manage the award process. Predictive Insights monitors supplier, commodity, and market data to identify risks and opportunities and recommend next steps. Arkestro can sync with ERP or P2P systems, using supplier, item, and historical purchase data and returning event awards to the relevant system; its Professional Services team can guide integration. The maker presents use cases in industries including automotive, manufacturing, oil and gas, construction, financial services, and food and beverage. Arkestro says it uses AWS hosting, AES encryption at rest, and HTTPS and TLS 1.2 in transit. It states that its information security management system is ISO 27001:2022 certified and that it passes SOC 2 Type II audits without exceptions. Pricing is on request.
Keelvar
Keelvar is an AI-native sourcing platform for large enterprises handling complex supply chains. Its web application and API combine three products: Sourcing Optimizer, Autonomous Sourcing, and Rate Manager, coordinated by Kai. Sourcing Optimizer evaluates bid data and models award scenarios using cost, risk, supply constraints, and strategic preferences. Autonomous Sourcing automates repeatable, high-volume RfX work from intake through award. Listed tools include an AI formula and scenario builder, bid-sheet configuration, supplier recommendations, real-time feedback, automated awards, and multi-round bidding. The service supports supplier discovery, sourcing events, reverse auctions, bid comparison, negotiation workflows, and multi-event programs. It integrates with ERP, TMS, and procurement systems such as SAP Ariba and Coupa, with a documented API. Security controls include TOTP MFA, SAML 2.0 or OpenID Connect SSO, role permissions, encryption, and stated ISO certifications. Pricing is on request.