K2 Sourcing Platform vs RTE Soft
K2 Sourcing Platform
k2sourcing.comRTE Soft
rtesoft.euSide by side
| Figure | K2 Sourcing Platform | RTE Soft |
|---|---|---|
| Price from | — | — |
| Free plan | — | — |
| Free trial | Yes | — |
| Open source | — | — |
| Web | Yes | — |
| iOS | Yes | — |
| Android | Yes | — |
| Plans published | 2 | 2 |
| Spec score · Sourcing Software | 8.5 (#2) | 7.0 (#14) |
| Deployment | The company describes the product as cloud based with no software installation or implementation project for managed-service users. | Stand-alone deployments typically go live in 4–8 weeks with fixed-price implementation; the first sourcing event is targeted for week two. |
| Intended users | K2 describes the application as a tool for procurement and strategic sourcing professionals, including teams at small businesses and large corporations. | The maker targets manufacturers, distributors, hospitality groups, construction firms and service companies with €50–500M in annual revenue. |
| Support | GoodFirms lists email, phone and 24x7 support plus help guides, videos, blogs and case studies. | RTE Soft says it responds to inquiries within one business day with a tailored demo plan or an assessment of fit. |
Plans
K2 Sourcing Platform
- Customized subscription planPriced on request
- Custom subscriptionPriced on request
RTE Soft
- Stand-alone procurementPriced on request
- White-label procurement marketplacePriced 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.
RTE Soft
RTE Soft is a procurement platform for sourcing, supplier management and competitive bidding. Its stand-alone workflow combines RFx, reverse auctions, framework contracts and supplier negotiations. Auction formats include English, Dutch, Japanese, sealed-bid and multi-attribute events. Supplier onboarding uses questionnaires and templates for LkSG, CSDDD and Crea y Crece e-invoicing readiness. Connectors are listed for SAP S/4HANA, Microsoft Dynamics, proALPHA, Sage and other mid-market ERPs, with REST, CSV and SFTP interfaces. European tenants are hosted in EU regions on AWS, Azure or a sovereign provider; the maker states GDPR and GoBD compliance from day one. Stand-alone deployment is stated at 4–8 weeks, with a first sourcing event targeted for week two. A white-label option provides a multi-tenant marketplace under a partner’s brand, domain and governance. Stand-alone pricing cites typical ACV of €25–60K per year, while other pricing is on request.