See our mentions in Gothenburg Tech Weekread article

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Euforik

The next generation of sourcing

Euforik is the next generation of AI software for strategic sourcing and SRM. One workspace that carries a category from the first search to the signed contract, and holds the supplier relationship for the years after it.

Sourcing has stayed manual. When the supplier base does not cover a need, the search starts in Google and ends in a spreadsheet. Checking a supplier against the requirement takes days, so it rarely happens properly. And after signing, certificates, prices and risks go quiet until something breaks. The suites sold to fix this cost a licence plus an implementation project, take months to configure, and still only file the decision once somebody has worked it out by hand.

Euforik does that work instead. It finds the suppliers, measures each one against the requirement with the evidence attached, turns what is still open into an RFI, RFQ or RFP, and keeps the record live long after the contract is signed. Useful on the first search, priced so one person can start today.

See the study for how Euforik started

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