Sourcing software company in Europe for sale

• Revenue: > 3M EUR
• Employees: > 20
• Valuation demands: > 10m Euro (100% Enterprise Value)
• Location of the Sourcing software company: Europe
• Reason for sale: The owners want to grow the company in Europe, therefore are looking to talk to interested investors
• #CFIE ITS457

The company develops sourcing software products that enable enterprise procurement teams to optimize and correct errors in the bidding processes. The products offer value by facilitating clear bidding, precise error detection in data collection process and solid scenario analysis when dealing with key elements such as speed of supply, robustness of a supply chain and selective changing of business operators. The automation intelligent system provides excellence, agility and speed when executing sourcing and bid events. The solutions have integrated principles of data storage, machine learning, bot skills and infrastructure scaling. The software used enhances the potential of Artificial Intelligence to transform the way industry suppliers do their operations so that everybody obtains business advantage. The company serves industry leading customers that need to optimize and automate their supplying and buying operations. The enterprise is very profitable and has a very experienced and proven management team. The company is not actively for sale, but open to think about taking a Venture Capital or Strategic investor on board to increase the rapid growth the company already has. Subscribe to the waiting list for an investment in this company. Please describe your interest and strategic fit very detailed.

The company has relatively short presence on the market and managed to grow very quickly. It employs more than 20 computer scientists and engineers that are specialized in Artificial Intelligence, software development in web and enterprise level SaaS software, and Algorithmic Mechanisms with applications in optimization and strategic sourcing. The particular technical experience provides innovative edge that overcomes the competition’s technical capabilities. The company is a sourcing software developer and vendor specialized in creating products for optimizing and automating sourcing and bidding operations related to enterprise procurement processes. The solutions use advanced algorithms and AI-enabled automation to help enterprises to apply the best practices and the efficient management in request for quotation and auctioning processes. There is a large pool of businesses (from all industries and of all sizes) for which the sourcing software products provide outstanding benefits in any size event. The products are fully scalable and do not require specialized technical skills to be managed.

Clients need to purchase the company’s software tools that enable the user to design, run and analyse sourcing events while saving time and increasing savings. Some of the product’s features are: an easy and intuitive user interface, strong search options, user customization functions, clear bidding, generating sourcing events, scenario analysis, comparing historic rates, generating customizable reports, integrating with other existing systems. A sourcing event is very simple to be organized, it only needs an Excel file uploaded in the system. Once the data is uploaded, the system triggers and validates bids and the suppliers would be required to do corrections before the offer proceeds and the bid is analysed. The automation function will use bots to automate processes. Suppliers would be allowed to offer bid packages with discounts, fact that increases the user’s savings. Managers are helped to take better decisions, the sourcing solution allows them to run scenarios in real-time and to compare various results making the decisional process effortless.

The company provides software solutions that automate and optimize sourcing and bidding processes.

• The company provides sourcing software solutions
• The team is experienced in Artificial Intelligence technologies
• The enterprise is profitable and has a very experienced and proven management team
• The company is open to think about taking a Venture Capital or Strategic investor to increase the rapid growth the company already has