Keelvar vs ProcureKey
Keelvar
keelvar.comProcureKey
procurekey.comSide by side
| Figure | Keelvar | ProcureKey |
|---|---|---|
| Price from | — | — |
| Free plan | — | — |
| Free trial | — | Yes |
| Open source | — | — |
| Web | Yes | Yes |
| API | Yes | Yes |
| Plans published | 1 | 1 |
| Spec score · Sourcing Software | 7.4 (#10) | 7.4 (#11) |
| Integrations | 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. | The site lists SAP, Oracle, Dynamics 365, Workday, ServiceNow, Power BI, Outlook, Teams, and SharePoint integrations, plus APIs and secure data exchange. |
| Security | 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. | ProcureKey says sourcing data stays inside the customer’s Microsoft 365 tenant and lists SOC 2 Type 2, GDPR, and ISO certifications or readiness. |
| Support | 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. | ProcureKey says it provides training and help from initial setup through ongoing optimization, including support for AI automation features. |
Plans
In their own words
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.
ProcureKey
ProcureKey is an eSourcing platform for procurement teams managing purchase requisitions, RFx events, supplier bids, evaluations, and awards. It supports RFQ, RFP, and RFI templates and advertises more than 15 auction formats, including reverse, multi-round, and Japanese-drop auctions. Buyers can compare bids by line item, apply weighted scoring, make split awards, and accept bids in multiple currencies. AI can generate RFQ descriptions, score proposals against published criteria, and suggest suppliers using history, qualifications, and compliance status. A supplier portal handles proposal submission, self-registration, and OTP verification. Requisitions pass through multi-level approvals before becoming RFx events. Integrations include SAP, Oracle, Dynamics 365, Workday, ServiceNow, Power BI, Outlook, Teams, and SharePoint, alongside APIs and secure data exchange. It runs on Microsoft SharePoint Online and Microsoft 365, with web and API access. Pricing is on request, with a 7-day trial.