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.

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Crowdfox GmbH

CEO: Dirk Schäfer

Location: Köln
Founding year: 2014
Website: crowdfox.pro
LinkedIn: https://www.linkedin.com/company/crowdfox/
Start-up Phase: Launched
Area of business in procurement: 
  • Spend Analytics
  • P2P
  • Catalog
Problem:

Many large firms encounter challenges with their procurement suite or supplier relationship management (SRM) system. We understand that these systems are integral to a purchasing organization, providing significant support in procurement. However, we recognize that many firms experience weaknesses that make eprocurement unnecessarily complex and time-consuming. 94% of B2B buyers are dissatisfied with the customer experience. 66% B2B buyers report problems with product information.

Solution:

Crowdfox developed a matching algorithm, capable of processing diverse content feeds and working seamlessly across different codifications like EAN and MPN, along with semantic information. Through our solution, we assign Unique Trade Item Numbers (UTIN) to efficiently accumulate and compare articles from existing suppliers, alternative suppliers, and marketplaces. At the same time procurement experts can maintain company restrictions effectively and efficiently manage commodities and suppliers.

Offer:

Elevate user satisfaction with Crowdfox, experiencing up to 55% improvement. Streamline B2B e-procurement for enhanced efficiency. Gain seven-minute time savings per ordering process. Unlock up to 11% P&L effective savings by finding optimal buy options at scale. Boost user experience, increase efficiency, and achieve significant cost savings with Crowdfox.

Business model:

We offer our solution for a monthly license fee. You can choose four different packages with an increasing range of services.

USP:

Crowdfox runs a unique matching algorithm in combination with a large database of 50 Mio. + Items.

Target customers:

Size: Larger mid-cap organisations and enterprises with 1 bn. € revenue upwards
Software: Procurement Suite / Supplier Relationshop Mangement software with eprocurement tool
Procurement Mindset: Users accross all functions can purchse on their own.
Content: C-Parts (office Supplies, MRO tools and spare parts, IT accesoiries etc.) from a wide range of catalogs, webshops and marketplaces

Technology:

Crowdfox runs a unique matching algorithm in combination with a large database of 50 Mio. + Items.
The Algorithm is capable of processing diverse content feeds and working seamlessly across different codifications like EAN and MPN, along with semantic information and thereby constantly growth further our database.

Existing customers:

Larger SMEs and multinational Enterprises across industries

Contact: Martin Rademacher

Head of Business Development

Mobile phone: M +49 157 851 411 98
Email: Email hidden; Javascript is required.