Negotiating with suppliers is the core of procurement – but negotiating can be extremely complex:

Negotiations are often connected to past or future projects, so you always have to consider the supplier history, when negotiating for a new part or service

Negotiations are time consuming due to permanent coordination with internal business partners and subsequent clarification with suppliers, BEFORE starting the final price negotiation

Negotiations can be highly dynamic and that requires continuous data updates from changing parameters or most recent part prices from your ERP systems

Although a lot of procurement tasks is data driven, there has been no software up to now, that provides an easy-to-use support over the whole negotiation life cycle:

Get an instant price benchmark for every article of your suppliers?

Get an immediate and reliable target price calculation for a „never-bought-before“ design or service request?

Have all data from engineering, logistics and quality always at your hand for a whole category?

Most purchasers are working hard to bring all these data on the table, but it costs them sometimes weeks of intense preparation work. With COVALYZE you have all this information in a second and you do not even have to spend time in setting up the data in the beginning. Implementing COVALYZE takes 2-3 weeks time and you can start step by step with your most important categories. Take a look at the future of digital negotiations and book your demo session.