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.
Smaller companies
A smaller company rarely has a sourcing team. Buying sits with one or two people who also run operations, finance or production, and the suppliers get whatever time is left.
Euforik gives that small team what a sourcing department would: an agent that finds and compares suppliers, a system anyone can pick up on the first day, and a price that follows how much you use it.
The work one person can hand over
Searching, checking suppliers, writing and chasing the RFQ, drafting the agreement, and keeping the renewal dates that otherwise live in somebody’s head.
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.
What a small team runs into
Suppliers nobody has time to manage
Certificates, prices and delivery dates all need watching. With nobody assigned, the supplier list gets looked at when something has already gone wrong.
No time to re-tender
Comparing suppliers and putting a contract back out takes weeks, so prices roll over year after year without anyone checking they are still fair.
Finding suppliers takes expertise
Knowing where to look, and telling a good supplier from a good website, is a skill most small companies would have to hire. Euforik’s agent brings it with it.
Systems built for someone else
ERP suites are designed for companies with an IT department. A small team needs something the newest hire and the thirty-year veteran can both open and use.
Priced for a bigger company
Licences per seat and per module, plus an implementation fee, are hard to justify for a team of two. Euforik’s price follows how much you use it.
AI that starts with a consultant
Bringing AI into the company usually means IT consultants or a system built in-house, and both cost a lot before they have saved anything.
What changes with Euforik
The sourcing work gets done without hiring for it. The agent searches for suppliers, compares their offers and keeps track of the ones you buy from, so one or two people can run the whole supplier side of the business.
The expertise is there from the first day rather than after a recruitment round, and because the price follows how much you use Euforik, a quiet month costs less than a busy one.
The smallest had one person doing sourcing next to four other jobs.
Frequently asked questions
No. You can start from a requirement and a supplier search. If you run an ERP or accounting system, spend can be read from it as well.
No. Describe what you need the way you would explain it to a colleague, and the first search is useful without a week of training.
A purchase you are working on now, such as a part or service you need a new or second supplier for.
Direct and indirect suppliers, wherever they are. You choose whether to search your own supplier register, Euforik’s verified supplier database or the open web.
No. Suppliers answer through a link, and their replies are read and written back against your requirement.
Yes. Outreach goes out from your own Outlook or Gmail account.
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 the purchase on your desk
Bring one thing you need to buy this month. We will search for suppliers, check them and compare the quotes with you, on your own requirement.