Prospeum logo

Prospeum

by Prospeum GmbH · Since 2018
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ActiveAvailable globallyCloud
Quick facts
VendorProspeum GmbH
Year launched2018
StatusActive
LocationLilienthalstr. 21, 85399 Hallbergmoos, Germany
Countries servedGlobal
Languages2
Integrations1+
Free tierNO
Free trialNO
Contact salesYES

About Prospeum

Prospeum is a Supplier Relationship Management (SRM) platform designed to simplify supply chain management. It automates administrative tasks, ensures regulatory compliance, collects and analyzes data, and enhances collaboration in a single tool.

Prospeum is a cloud-based Supplier Relationship Management (SRM) platform that aims to simplify and automate supply chain processes for procurement teams. The software provides a centralized, no-code environment for managing the entire supplier lifecycle, from onboarding and data collection to risk management and compliance. Key features include customizable workflows, regulatory compliance tracking for standards like CSDDD and EUDR, and AI-powered agents that assist with data analysis and sourcing. Prospeum also offers modules for strategic sourcing (RFx), ESG monitoring, and document management. The platform is designed for ease of use to drive adoption among teams and suppliers. While the website does not publish pricing, it emphasizes a quick implementation process and offers demos to prospective customers. Support is available via a contact form, but specific channels like live chat or a public knowledge base are not advertised.

Pros & Cons

Pros
  • Centralizes all supplier management activities into a single platform.
  • Automates workflows for supplier onboarding, compliance, and data collection.
  • Features a no-code engine for customizing processes to specific business needs.
  • Includes built-in support for various regulatory compliance requirements (e.g., LkSG, CSDDD, EUDR).
  • Utilizes AI agents to enhance data collection, market benchmarking, and sourcing.
Cons
  • Requires continuous supplier participation to maintain highly accurate master data.
  • Custom workflow setups may require strategic planning before initial organization rollouts.
  • Mainly designed for mid-market to large enterprise supply chains rather than micro-businesses.
  • Relies on external integrations for complete deep financial accounting and payment rails.
  • Smaller vendor ecosystem compared to legacy enterprise procurement software suites.

Features

Key features

Supplier Management

Build custom and automated workflows from supplier onboarding to phase-out.

Regulatory Compliance

Manage compliance with regulations like LkSG, CSDDD, CBAM, and EUDR in one tool.

Data Collection and Risk Management

Improve data collection and analysis to ensure transparency and reduce supply chain risk.

ESG Management

Establish and monitor Sustainable Development Goals (SDGs) for a sustainable and resilient supply chain.

Sourcing (RFx)

Streamline sourcing events and communication with suppliers, eliminating email and spreadsheets.

Agentic AI

Utilizes AI agents to assist with data collection, market benchmarks, sourcing events, and report creation.

Additional features

No-Code Customization

Tailor the supplier management software to specific needs without coding.

Workflow Engine

Automate processes for supplier management and compliance.

Document Management

Centralize and manage supplier documents and certificates.

Spend Insights

Analyze spending data to identify cost-saving opportunities.

Supplier Onboarding

Streamline the process of bringing new suppliers into the system.

Contract Management

Manage the entire lifecycle of supplier contracts.

Supplier Lifecycle Management

Oversee the entire relationship with suppliers from start to finish.

Strategic Sourcing

Improve sourcing strategies for better cost and competition.

Pricing

Free trial
Free version
Request a quote
Promo Offer

Countries & Languages

Global
Countries served
2
Interface languages
2
Billing currencies

Interface languages

EnglishGerman

Billing currencies

🇺🇸USD🇪🇺EUR

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