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Interactive Voice Response (IVR)

Project Portfolio Management

Unified Communications as a Service (UCaaS)

Enterprise

Accounting

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Finance and Accounting

Applicant Tracking

Benefits Administration

Corporate Learning Management

Credentialing

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Stock Option Plan Administration

Talent Intelligence

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Human Resources

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File Sync and Share

Fraud Detection

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Integration Platform as a Service (iPaaS)

Internet Performance Monitoring

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Network Access Control (NAC)

Network Performance Monitoring

Remote Desktop

Routers

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Unified Endpoint Management (UEM)

VoIP Monitoring

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Digital Signage

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Graphics

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Presentation

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Survey & Forms Building

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Field Sales Software

Sales Pipeline

Sales

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Vertical-Specific

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### Sourcing and Procurement
Users consistently highlight Keelvar's sourcing and procurement capabilities as a key strength, emphasizing its ease of use, intuitive interface, and the efficiency it brings to sourcing activities. The platform's ability to empower sourcing teams with data-driven insights and streamline the procurement process is widely appreciated. Additionally, users value the exceptional customer support provided by Keelvar, which further enhances their overall experience with the platform.

### Supplier Management
Opinions on Keelvar's supplier management capabilities vary among users. While some users praise the tool for its intuitive interface and support system that aids in supplier management, others find the validation of data and calculation power to be critical for managing large-scale events efficiently. The ability to automate sourcing processes and develop innovative use cases for future sourcing endeavors is seen as a potential benefit by some users. However, there are mixed opinions regarding the tool's effectiveness in managing multiple lots and invited suppliers in freight tenders.

### Tender and Bid Management
Users generally praise Keelvar's efficiency in managing tenders and bids based on the reviews provided. The platform seems to excel in streamlining the tender process, facilitating data collation from bidders, and enabling quick decision-making through scenario analysis. While some minor issues were highlighted, such as limitations in bid sheet customization and data filtering challenges for bidders, overall, users appreciate Keelvar's ability to handle large amounts of data and participants effectively. The system's feature of data validation checks and capacity constraints inclusion in the award optimization model are particularly lauded for saving time and resources.

### RFQ and RFP Processes
Users appreciate Keelvar's RFQ and RFP processes for their ability to simplify the tendering process, improve data validation, and enhance cost calculations. While some users suggest the platform could offer more solutions for spot offers and quick RFQs, overall, Keelvar's RFQ and RFP processes are seen as efficient and effective in facilitating transparent communication and analysis during procurement activities.

### Cost Analysis and Calculations
Users consistently praise Keelvar's cost analysis and calculations capabilities. They highlight the platform's effectiveness in collating supplier pricing, driving costs down through discount incentives, and providing flexibility in analyzing and comparing scenarios. Keelvar's ability to assign a monetary value to business decisions and view procurement from a different perspective has been particularly beneficial to users. Additionally, the platform streamlines the process of evaluating bids from suppliers, simplifying what was once a manual and time-consuming task.

### Scenario Planning and Optimization
Users consistently praise Keelvar for its robust scenario planning and optimization features, highlighting the ease of creating and running scenarios to facilitate quicker decision-making processes. The platform's optimizer functionality is particularly lauded for empowering sourcing teams with valuable insights and enabling data-driven conversations with stakeholders. Additionally, the self-service training option and top-notch customer service further enhance the overall user experience. Despite some users emphasizing the importance of clear requirements and careful planning to fully leverage the tool's capabilities, the general sentiment remains positive towards Keelvar's scenario planning and optimization tools.

Keelvar is a powerful software that solves a range of business problems for users in the sourcing and procurement space. With Keelvar, users have found that they can simplify cost calculations and advanced reporting during or after the RFP process, leading to improved efficiency and accuracy. Additionally, the software provides valuable insights into sourcing strategies based on the service desk's experience in the market space, enabling users to make more informed decisions.

One of the key advantages of Keelvar is its ability to streamline various aspects of the sourcing process. Users appreciate the tool's quick development and release of brand new RFPs through copy and paste events, as well as its simplified analysis process which makes it easier to provide feedback and conduct multiple rounds. Furthermore, Keelvar simplifies carrier outreach and helps manage freight tenders with many lots, lanes, and invited suppliers, saving users time and resources.

Keelvar's impressive capabilities extend beyond just simplifying processes. The software's validation of data is crucial, ensuring accuracy when calculating different scenarios. Its calculation power is highly valued by users, making it easier to create cost comparisons and scenarios, ultimately saving time compared to using manual methods like Excel sheets. Moreover, Keelvar automates administrative tasks in large domestic US truckload bidding, eliminating manual efforts and improving overall efficiency.

Another notable feature of Keelvar is its embedded analytics which are highly configurable and leverage a vast amount of bidding information. This allows users to gain valuable insights and make data-driven decisions. The system can handle large-scale RFPs with extensive data and participants more efficiently than other platforms, providing a seamless experience for users.

Furthermore, Keelvar simplifies the creation of tender bid sheets, making them faster and easier to manage depending on user requirements. The software also allows for the management of large-scale events in one tool, further enhancing efficiency in procurement processes.

Businesses using Keelvar have lauded its potential to automate elements of the sourcing process and drive future innovation. The software's ability to assign costs to business decisions, such as diversification and supplier mix, is highly valuable to users looking to optimize their strategies.

Users have also found that Keelvar solves the problem of combining multiple spreadsheets and manual calculations by centralizing all data in one place. This not only saves time but also reduces discrepancies and provides a more organized approach to procurement.

Keelvar's impact extends to RFQs as well. The software simplifies large RFQs, making them less complex and

Strong Team and Exemplary Problem-Solving Skills: Many users have praised Keelvar for its strong team that provides quick feedback and exemplary problem-solving skills. This has contributed to meeting or exceeding customer expectations.

User-Friendly Platform with Simplified RFP Process: Numerous users appreciate the ease of use and user-friendly nature of Keelvar. They find that the platform simplifies the RFP process, making it more efficient and repeatable across multiple projects.

Highly Beneficial Support Section: Users find great value in Keelvar's support section, which includes helpful text and videos. This resource enhances the user-friendliness of the platform by providing additional guidance and assistance when needed.

Confusing User Interface: Some users have found the user interface of Keelvar to be confusing and difficult to navigate, particularly when it comes to filtering data. They feel that improvements in the UI design could enhance the overall user experience.

Missing Functionalities: While users appreciate that Keelvar's team is receptive to feedback and actively working on improvements, they mention that there are still some functionalities missing from the software. Users would like additional features that can further enhance their procurement processes.

Limited Compatibility with Directs Procurement Categories: A few users express skepticism about how well Keelvar will perform in Directs procurement categories, as it is primarily designed around logistics. They believe that Keelvar should expand its capabilities to capture a wider range of complexity in different industries.

The SaaS-based platform adds automation and ease-of-use features to bring advanced optimization ROI to a broader range of spend categories and sizes, from annual strategic RFPs to reactive spot bids.

Simple plan

SAP S/4HANA Cloud

Keelvar

Procurement software automates the process of purchasing materials and replenishing inventory. Central to it is electronic purchase ordering and approvals, as well as invoicing and bill payment. The software includes vendor management for competitive pricing and service and vendor follow-ups. Procurement is an essential component of supply chain management and may be available via supply chain management suites.

Procurement

Keelvar's Ocean Freight Sourcing Bot

Introduction to Keelvar

Optimize and Automate More Sourcing Decisions with Keelvar. 

Keelvar is the ideal software solution for enterprise level clients looking to take the complexity out of supplier sourcing.

You need solutions built to meet the challenges. Keelvar boosts cost savings, efficiency, and digitalization with easy-to-use sourcing optimization and intelligent automation. From annual, strategic spends to high-frequency spot buys, and everything in between.

Keelvar is an award-winning category leader and global software vendor, optimizing over $100bn+ dollars in spend annually for large and mid-sized clients. Our solutions combine intuitive sourcing optimization with AI-powered automation.

TrustRadius is a technology and business research firm based in Austin, Texas. The company is known as a review platform for verified B2B technology and software reviews through a proprietary algorithm and human verification.

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Overview

What is Keelvar?