Demand identification
See what you are already buying: spend, prices and renewal dates from your ERP, so the categories worth sourcing and the contracts about to lapse show up early.
Services
Services come with no drawing. What you buy is people, hours and access to your systems, and the difference between two proposals is buried in the response times, the subcontracting, the notice period and what counts as an extra. A good number of these contracts renew themselves while nobody is looking.
Euforik finds providers, compares their proposals on the terms that matter, drafts the agreement, and keeps every contract and renewal date where you will see it in time.
From the need to the supplier you keep
From identifying a sourcing need to managing the supplier relationship that follows. Euforik brings the entire journey together, helping teams move from sourcing to long-term supplier management.
Discovery
One search for direct and indirect suppliers anywhere in the world. Describe what you need in plain language and get suppliers that fit, with the reason each one matched.
Validation
Every supplier checked against your requirements, from capability and quality to finance and compliance, with the evidence to back it up.
Outreach
RFIs, RFQs and RFPs written and sent for you. Suppliers answer through a link, Euforik follows up, and the replies come back in one place.
Negotiation
The agent shows where your leverage is, from your own history with a supplier and what the market is doing right now.
Contract
The agreement drafted in your own template, with everything the supplier committed to already in it.
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.
What Euforik helps you manage
01
Managed IT and support
A support contract is bought on response times, staffing and who may touch your systems. Euforik turns proposals into something you can actually compare.
02
Software and licences
A renewal is a count before it is a price. Renewal dates show up early enough to check seats and terms while there is still time to act.
03
Freight and logistics providers
A rate card is half the cost. Euforik compares carriers on surcharges, liability and volume terms as well as rates.
04
Contingent labour
Pay rate, margin and tenure rules are three different questions. Euforik gets them answered by role and in writing, so agencies compare like for like.
05
Facilities and cleaning
Priced on hours and headcount, these contracts drift with wages. Euforik shows spend per site and where it stopped matching what was signed.
06
Consultancies and agencies
You are buying people's time and the rights to what they make. Rate cards, scope and renewals stay on each provider's record.
07
Energy and utilities
Contracts end on a date and the next price is agreed weeks before. Euforik shows which sites are on which contract and warns you before each window closes.
Sourcing a service contract without a specification
Indirect spend is where the unsourced categories hide. Euforik shows the providers you pay most, the contracts ending this year and the ones that renew themselves unless somebody acts, then finds providers from a description of the work: scope, hours, sites and systems.
Service levels, staffing, subcontractors, data processing and insurance are compared across every proposal, next to what you pay the incumbent today. The agreement is drafted on your template with the service levels and notice period the provider agreed to already in it.
What the agent reads when the input is words
A services requirement is mostly prose: a statement of work, a service level table, an old contract. Hand it to the agent and it drafts a requirement every provider can be compared against. Then it finds providers, runs the RFP and, at renewal, sets what you have paid against the new proposal.
Once the contract is running
Service contracts renew quietly, which is where money leaks out of this category. Every agreement, certificate, insurance policy, contact and note sits on the provider's page, spend is shown over time, and Euforik warns you far enough ahead of an end date to act on a long notice period.
Frequently asked questions
Yes. Every agreement is tracked with its end date and notice period, and you are warned in time to decide, even on contracts with long notice.
Yes, that is the normal case in services. The agent drafts the requirement from a statement of work, an old contract or an email thread, and every provider is compared against it.
Yes. Euforik drafts the agreement in your own template, with the service levels, subcontractors and data terms the provider agreed to. Your legal team reviews it, and signing happens wherever you sign today.
Euforik is usage-based, so you pay for as much as you use. In a demo we walk through what that means for your team, on a contract of your own that is coming up for renewal.
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
Explore Euforik for Services
Bring a requirement you are working on or a supplier you already use. We will run it through Euforik with you, on your own data, and you can judge it from there.