Demand identification
See what you are already buying. Spend, unit prices and renewal dates read off your ERP, so the categories worth sourcing and the contracts about to lapse show up before anyone files a request.
Large companies
A large company is not short of suppliers, systems or data. It has thousands of suppliers, several ERPs and a spreadsheet for every team, and still no quick answer to which suppliers can make a new part or whose certificate lapsed last month.
Euforik is built on AI from the first line, not added to a system designed twenty years earlier. It reads the data you already have and puts one layer across it that understands it, so sourcing cycles get shorter and every supplier is watched every day, not once a year.
Sourcing and supplier records for every team
Category teams run a supplier search through to the signed agreement, and the record they leave behind keeps track of spend, deliveries and certificates for everyone else.
Discovery
One search engine for direct and indirect suppliers. Describe what you need in plain language and every name that comes back is validated, with the reasoning attached.
Validation
Every supplier checked against your requirement, line by line. Each line gets a verdict, the evidence behind it, and a question where the answer is missing.
Outreach
RFI, RFQ and RFP written from the lines nobody could answer. One form per supplier, sent and chased on its own, with the replies collected for you.
Negotiation
The agent works out where your leverage is, reading the RFQ answers against your own supplier record and what the market is doing right now.
Contract
The agreement drafted from the requirement it came out of, in your own template, with what the supplier answered carried into the clauses.
Spend
What you spend with a supplier, read straight off your ERP data. Per category, per period, next to the unit price that moved it.
History
Every purchase line and every delivery booked against them. A price that drifted upward over two years is a chart, and the on-time rate is a figure rather than an impression.
Files and dates
Agreements, certificates and insurance in one place, each with the date it lapses. You hear before it does, not when somebody needs it.
Relationship
Who you deal with there and who owns it here, with the notes your team left on the account beside them.
Monitor
Rules you write yourself, checked every night against spend, delivery, expiry dates and the news. You hear when one is crossed.
Projects
The work in flight on a board your team shares. Each project carries what it is for, who owns it, what it is worth and the date it is due.
Too many suppliers to know them all
With thousands of suppliers and hundreds of people buying from them, the picture breaks into lists. Each business unit keeps its own spreadsheet, supplier data sits in formats that do not match, and the ERP holds the purchase lines but none of what anyone learned about the supplier.
The systems are no help. They were built to record transactions, and they are awkward enough that sourcing teams work around them rather than in them.
Where the time goes
Spreadsheets instead of records
Supplier lists, prices and contacts live in Excel files and SRM tools that never line up, so the same supplier looks different to every team.
AI added on top
AI arrives as an ERP add-on or an IT consultancy project. It sits on systems that were never designed for it, and every user can tell.
An audit once or twice a year
With thousands of suppliers, checks wait for the annual or half-year audit. In between, a lapsed certificate or a supplier in trouble goes unnoticed.
Cycles measured in months
Every step from requirement to signed contract waits on someone. Euforik can take over whole parts of the cycle or speed up the team that runs it.
Tender answers nobody can read in time
Twenty suppliers answering an RFx send back hundreds of pages, and analysing them takes longer than the tender did.
Data without anything that understands it
Years of spend, deliveries and contracts sit in your systems with nothing that reads them together and tells you what they mean.
People are not on a spreadsheet because they are behind. They are on it because it is faster than the system they paid for.
One layer across what you already have
Euforik reads purchase lines from the ERP and agreements from wherever they are kept, and builds one record per supplier that every team works from. It checks every supplier every day against the rules you set, reads tender answers as they arrive, and takes the manual steps out of each cycle.
Access is role-based and every action is logged. The data stays on EU-based infrastructure, in an environment of its own.
Frequently asked questions
On EU-based infrastructure, with an isolated environment for every customer. We do not sell or share your data with third parties.
Yes. Access is role-based, so each team sees the data it should, and every action taken in Euforik is logged.
No. Euforik sits next to what you already run. It imports the supplier register from SAP, Business Central or Fortnox and sends outreach from your own Outlook or Gmail.
Yes. Import your existing supplier base or add a supplier by its website, and analyse them alongside anything a search returns. Requirements are set once per category and reused, so old and new suppliers are held to the same standard.
No. Your data is encrypted with AES-256 at rest and TLS in transit, processed under GDPR on EU infrastructure, and never used to train a model.
No. Euforik is useful from the first search, so a category team can start working while the supplier register and spend are being imported.
What the change is worth
Measured over one buyer's year, whichever way you come at it.
12M+
Suppliers within reach, across 190 countries
80%
Less of the manual assessment work a buyer does today
25 hrs
Saved a month per buyer, on research, analysis and drafting
€400k
Saved a year per buyer, on €20m of sourced spend
Already trusted and used by small to big companies and sourcing teams
Sync all your data
Euforik reads from the systems you already run. Purchase lines and spend out of the ERP, agreements and certificates out of the drive, and the models and inboxes your team works in on the other side of it.
Outlook
Start with one category you know well
Pick a category with a supplier base you already have questions about. We will load its spend and agreements and walk you through what the records show.