K2 Sourcing Platform vs Keelvar
K2 Sourcing Platform
k2sourcing.com
Keelvar
keelvar.comSide by side
| Figure | K2 Sourcing Platform | Keelvar |
|---|---|---|
| Price from | — | — |
| Free plan | — | — |
| Free trial | Yes | — |
| Open source | — | — |
| Web | Yes | Yes |
| iOS | Yes | — |
| Android | Yes | — |
| API | — | Yes |
| Plans published | 2 | 1 |
| Spec score · Sourcing Software | 8.5 (#2) | 7.4 (#10) |
| Founded | 2003 | 2012 |
| Security | K2 Sourcing states that the application is encrypted, password protected and hosted on a SOC 2 compliant server. | 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. |
| Support | GoodFirms lists email, phone and 24x7 support plus help guides, videos, blogs and case studies. | Keelvar describes customer success check-ins, best-practice guidance, a self-training module library, and a support portal; it reports average support request resolution of 1.1 hours. |
| What it does | K2 Sourcing combines a cloud eSourcing application with managed RFP, RFQ, reverse-auction and strategic-sourcing services. | Keelvar is an AI-native sourcing platform for large enterprises with complex supply chains, combining sourcing optimization and autonomous sourcing. |
Plans
K2 Sourcing Platform
- Customized subscription planPriced on request
- Custom subscriptionPriced on request
In their own words
K2 Sourcing Platform
K2 Sourcing Platform is a web-based eSourcing application for procurement and strategic sourcing teams. It supports RFPs, RFQs, RFIs, reverse auctions and supplier onboarding. For RFPs, teams can create questionnaires and pricing models, assess supplier responses, evaluate submissions and consider award scenarios. Reverse auctions let suppliers bid against one another in real time. Supplier information tools cover RFIs, documentation, registration and approved supplier lists; the platform also supports supplier discovery, bid comparison and negotiation workflows. K2 says the application includes more than 100 RFP templates that users can clone and customize, and describes it as mobile friendly. K2 states that the platform is encrypted, hosted on a SOC 2 compliant server and has uptime over 99.9%. Account and project managers with sourcing experience provide customer support. Invited suppliers can join sourcing events without installing software or signing a software agreement. Plans are customized to customer needs, with pricing available by contacting K2. Prospective customers can discuss a 90-day free trial.
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.