The Procuretechs Network includes Startups with a focus on procurement, which are located in Germany and throughout Europe. Together, we want to shape the future of procurement by leveraging our synergies and supporting each other in the further development.
WTP (What’s The Price): Buyers mostly do not have sufficient knowledge of the cost-structure of a specific product to enable them to have open and transparent negotiations with suppliers.
VRS (Vendor Rating Solution): Organisations often lack a detailed digital tool how suppliers or service providers perform and if they stay within the agreed terms.
WTP enables procurement- and supply chain teams to determine the true price of goods and services purchased at any given point in time. This results in improved visibility into cost drivers, greater savings, and better priced products. It takes negotiations to the next level.
VRS is a supplier assessment tool professionalizes the procurement of any independent organisation when products and services are purchased. The flexible design makes it suitable for SMEs and Multinationals,
WTP offers user-licenses at fixed rates, dependent on the numbers of licenses: please contact us. Pilot pricing available.
VRS pricing depends on the number of modules and countries selected: please contact us. Pilot pricing available
The WTP Tool can be used for all industries. Retail and Wholesale Companies with lots of SKU’s and stock=keeping will profit most.
The VRS Tool can be used for all industries when products and services are purchased,
WTP is the only Tool available in the market to provide you within minutes with a detailed insight into all 18 cost-drivers that determines the cost-price of any product manufactured any industry in any country. This allows buyers to negotiate transparent and fact-based with suppliers to achieve more savings.
VRS allows each organisation to enter its own criteria into the Tool to customise this unique detailed supplier assessment Tool to the requirements of the own organisation.
WTP: all branches with a minimum spend of € 20 Mio, volume buying and preferably stock-keeping.
VRS: all companies with a minimum of 30 suppliers and a spend of € 10 Mio. on products and services
WTP: SaaS System, AI and ML to collect and import Big Data
VRS: SaaS System, using data input from ERP System and subjective information from users through questionnaires.
Hunter Douglas, Staples, Storck, HomeBase, Neways, Accenture, Worldpack, Blanco, Wärtsilä, Igefa, Royal Van Lent, University of Zürich, Fetim Group, Urenco, Stiho, Van Marcke, Solar, Destil, Tata Steel, KPMG, Bison, Reynaers Aluminium, AT Kearney, onninen, Pon, Quantore, Plieger, NS, Sorbo, Hema, Gazelle, Mega Group, Mediq, Maxeda, Intratuin, VSM, Accell Group, KPN, King Nederland, Interaction, Intergamma, Hubo, IBP Group, Marel, Inverto, Ahold Delhaize, Feadship, Alliander, Bunzl, etc.