K2 Sourcing Platform
6.9#3 in sourcing softwareAndroidiOSWeb
VisitK2 Sourcing Platform vs Procol Strategic Sourcing
Procol Strategic Sourcing
7.0#2 in sourcing softwareAndroidiOSWebAPI
VisitWhat both publish
| Fact | K2 Sourcing Platform | Procol Strategic Sourcing |
|---|---|---|
| Founded | 2003 | 2017 |
| Purpose | The Cloud Source eSourcing platform helps procurement teams run RFPs, RFQs, RFIs, reverse auctions, and supplier onboarding. | Procol describes its strategic sourcing platform as a collaborative tool to streamline sourcing, strengthen supplier relationships, and automate manual work. |
| Security | K2 Sourcing states that the application is encrypted, password protected and hosted on a SOC 2 compliant server. | Procol states that its platform is SOC 2 Type II certified, ISO 27001 aligned, GDPR compliant, and backed by cyber security insurance. |
K2 Sourcing Platform plans
- Customized subscription planPriced on request
- Custom subscriptionPriced on request
Procol Strategic Sourcing plans
- Custom modules and add-onsPriced on request
- Custom pricingPriced on request
Pick K2 Sourcing Platform if…
It is intended for procurement and strategic sourcing professionals, including teams in small businesses and large corporations. It also accommodates suppliers invited to online sourcing events.
Pick Procol Strategic Sourcing if…
It suits enterprise procurement teams that coordinate sourcing events, supplier bids, auctions, and contract work. It is also relevant to teams that need scenario analysis or custom sourcing workflows.