K2 Sourcing Platform
6.9#3 in sourcing softwareAndroidiOSWeb
VisitK2 Sourcing Platform vs Vendorful e-Sourcing
Vendorful e-Sourcing
6.0#8 in sourcing softwareWeb
VisitWhat both publish
| Fact | K2 Sourcing Platform | Vendorful e-Sourcing |
|---|---|---|
| Intended users | K2 describes the application as a tool for procurement and strategic sourcing professionals, including teams at small businesses and large corporations. | Vendorful describes the product as serving procurement teams and organizations managing sourcing and supplier relationships, including large organizations. |
| Purpose | The Cloud Source eSourcing platform helps procurement teams run RFPs, RFQs, RFIs, reverse auctions, and supplier onboarding. | Vendorful e-Sourcing streamlines sourcing pipelines, savings tracking, and RFP processes for procurement teams and lines of business. |
| Reverse auctions | The platform lets suppliers bid against one another in real time and supports auction prequalification. | Buyers can configure reverse auctions, including auction style, bid ceilings, minimum decrements, lots, and line items. |
| Security | K2 Sourcing states that the application is encrypted, password protected and hosted on a SOC 2 compliant server. | Vendorful's website states that the company is SOC 2 Certified. |
K2 Sourcing Platform plans
- Customized subscription planPriced on request
- Custom subscriptionPriced on request
Vendorful e-Sourcing plans
No prices published.
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 Vendorful e-Sourcing if…
Vendorful e-Sourcing is aimed at procurement teams and organizations with complex procurement needs. It may suit teams that run multiple event formats and need tools for comparing supplier bids and tracking pipeline goals.