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K2 Sourcing Platform vs ProcureKey

What both publish

FactK2 Sourcing PlatformProcureKey
DeploymentThe company describes the product as cloud based with no software installation or implementation project for managed-service users.ProcureKey is built natively on Microsoft SharePoint Online and Microsoft 365, and the company says most teams are running within a week.
Intended usersK2 describes the application as a tool for procurement and strategic sourcing professionals, including teams at small businesses and large corporations.The product page describes use by SMB, mid-market, and enterprise procurement teams.
SecurityK2 Sourcing states that the application is encrypted, password protected and hosted on a SOC 2 compliant server.ProcureKey says sourcing data stays inside the customer’s Microsoft 365 tenant and lists SOC 2 Type 2, GDPR, and ISO certifications or readiness.
SupportGoodFirms lists email, phone and 24x7 support plus help guides, videos, blogs and case studies.ProcureKey says it provides training and help from initial setup through ongoing optimization, including support for AI automation features.

K2 Sourcing Platform plans

  • Customized subscription planPriced on request
  • Custom subscriptionPriced on request

ProcureKey plans

  • 7-day free trialFree

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 ProcureKey if…

ProcureKey suits SMB, mid-market, and enterprise procurement teams that manage sourcing events, requisitions, and supplier bids. Teams using Microsoft 365 or the listed business integrations may find its deployment model relevant.

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