AI-powered Sourcing Transformation

SOURCING PROCESS
Manual Processes

Manual procurement processes create inefficiencies and compliance risks across organizations.

Old School Collaboration

Disconnected teams struggle with collaboration and visibility in sourcing projects.

Limited Visibility

Limited vendor discovery leads to missed opportunities and reduced competition.

Audit Nightmare

Slow approval cycles and outdated workflows delay critical procurement decisions.

AI-Powered RFPs

Auto-generate and customize RFPs in minutes

Collaboration Hub

Align procurement, business, and legal on one platform

Built-In Compliance

Stay audit-ready with every sourcing event

Smart Supplier Scoring

Evaluate proposals with data-driven criteria

KEY FEATURES
Planning

Plan your sourcing projects

Stop Maverick Spending Before It Starts—Streamline Compliance with Advanced AI-Driven Sourcing. Create your sourcing project with the necessary compliance using state of the art AI Models.

  • Leverage the power of AI to create your sourcing projects
  • Drive uniform ways of working for your Procurement across the company
  • Centralize, Standardize, and Unify Procurement Processes Across Every Category
Plan your sourcing projects
Requirements

Capture and manage complete project scope in one place

Say goodbye to spreadsheets and scattered documents. Nvelop helps you create, import, and refine requirements collaboratively with AI-supported guidance—ensuring alignment, completeness, and clarity while reducing manual effort.

  • AI-generated, context-aware requirements
  • Upload existing and historical content for reuse and relevance
  • Collaborate in real-time to build quality requirements
Capture and manage complete project scope in one place
RFP

Generate precise, strategic RFPs in minutes

With smart templates and AI-powered content generation, Nvelop helps teams create RFX packages that accelerate vendor engagement and cut cycle times in half.

  • Automatically generate tailored RFX content
  • Align pricing and terms with strategic needs
  • Collaborate seamlessly with stakeholders
Generate precise, strategic RFPs in minutes
Tendering

Go beyond the usual vendors, Source smarter

Break away from legacy vendor lists. Nvelop helps you discover and engage vendors best suited to your project’s needs—driving competition, innovation, and value.

  • Identify qualified, capable vendors for each project
  • Provide early visibility with heads-up notifications
  • Create transparent and competitive sourcing environments
Go beyond the usual vendors, Source smarter
Vendor Q&A

Let AI handle vendor queries—and cut the noise

Ditch the email threads and Excel trackers. Nvelop centralizes vendor Q&A with built-in AI support to route, respond, and share updates with precision.

  • Auto-answer vendor questions using AI
  • Assign inquiries to internal experts intelligently
  • Choose visibility: share responses publicly or selectively
  • Leverage AI to manage vendor communications
Let AI handle vendor queries—and cut the noise
Vendor Responses

Compare vendor proposals like-for-like, effortlessly

No more deciphering PDFs or stitching together Excel files. Nvelop normalizes vendor submissions, enabling structured, real-time comparisons.

  • AI-assisted normalization of vendor responses
  • Ensure compliance with evaluation frameworks
  • Compare multiple proposals and versions side-by-side
Compare vendor proposals like-for-like, effortlessly
Evaluation

Modernize evaluation with collaborative scoring

Move past paper ballots and silos. Nvelop enables smart, distributed evaluation with AI-assisted scoring logic, contextual commentary, and flexible overrides—all in one place.

  • Auto-score proposals based on jointly agreed, pre-defined criteria
  • Collaborate across departments and functions
  • Adjust scores with manual insight as needed
Modernize evaluation with collaborative scoring
Deal Room

Drive transparent, win-win negotiations

With AI-assisted negotiation tools and guided strategies, Nvelop empowers procurement to close high-value deals quickly and confidently.

  • Understand vendor motivations and constraints
  • Simulate negotiation scenarios and counteroffers
  • Reach fast agreements with built-in collaboration and approvals
Drive transparent, win-win negotiations
IMPACT

15%

Reduction in Spend

Leverage AI to benchmark supplier pricing.

Optimize cost structures through smart comparisons.

Unlock savings without compromising compliance.

40%

Faster Sourcing Cycles

Auto-generate RFPs and supplier lists in minutes.

Accelerate evaluations with AI-driven scoring.

Cut cycle times from weeks to days.

100%

Compliance Coverage

Built-in policy and regulatory checks.

Audit-ready sourcing documentation.

Reduce legal and financial risk.

3x

Productivity Boost

Automate manual tasks in sourcing workflows.

Empower teams to focus on strategy, not admin.

Scale procurement without scaling headcount.

BOOK A DEMO

See how AI can transform your sourcing process

Discover how Nvelop helps procurement teams cut cycle times, ensure compliance, and unlock savings with AI-powered sourcing workflows. Get a personalized walkthrough of the platform in action.