AI-powered sourcing that puts more of your spend to real competition and keeps every award compliant and audit-ready. Savings you can prove, 72% faster from request to award.
Nothing is wrong with your ERP. It was simply never built to run a sourcing event, so the part of procurement where the savings actually happen ends up in inboxes and spreadsheets.
A request arrives by email, waits for an approval nobody can see, and reaches procurement too late to be sourced properly.
Three suppliers, three spreadsheets, three different sets of terms. Comparing them by hand is slow, and it is hard to show why one won.
Without a recorded baseline, the number you report to finance is an estimate, and the negotiating window has usually closed by the time approvals clear.
Seven steps of a real sourcing event.
Pick a module to see it work. All seven run on the same supplier base, the same audit trail and the same login. Buyers pay for procurement power users only: requesters and approvers are unlimited and free.
Every figure here was reported by the customer, not by us. Two of them told the story on film.
It is usually a choice between the email and spreadsheet process running today, the procurement module inside your ERP, and a suite that replaces both. Here is where each one stops, and what happens instead.
Your ERP stays the system of record. The award writes back as a PO and a commitment.
We import your supplier base one for one, then onboard and train every supplier ourselves.
Sealed bids, four auction formats, weights fixed before anyone bids. That is what moves the price.
Requesters and approvers just raise and approve. Only the buyers who run sourcing need training.
Suppliers bid in the language they work in. AI Price Feedback gives each a private per-item signal, with no competitor names or prices.
A flat platform fee. No percentage of spend, no per-supplier charge. You licence only the buyers who run sourcing.
Bring the one you are sourcing this quarter. We run it on your own numbers, and you keep the savings model either way.
Book a free demoNot a quarter, not a programme. Your team runs a real event on real categories inside the first two weeks.
Configuration, your approval matrices, master-data load and role-based training in under two hours per person.
Under 2 hours per userA real sourcing event on one of your own categories, with your suppliers bidding. Teradix onboards and trains them directly, at no cost to you or them.
Suppliers onboarded for youEvery figure carries its baseline and traces back to the event and purchase order behind it, so finance can check it.
Finance can audit every numberTeradix pays back in two currencies: the time your procurement team stops losing to manual work, and the spend that finally gets competed. Type your own figures, or start from a preset.
Illustrative model, not a quote. Time released assumes up to 40% of a procurement user’s day currently goes to chasing quotes, comparing offers by hand and re-keying data. Spend is modelled at 2% of total spend, deliberately conservative: Teradix customers report 24% on the sourcing events they actually run, and Arabian Cement reports 5% across its whole direct and indirect spend.
Thirty minutes, no slides, on one of your real categories. You leave with a written savings model whether or not you go ahead.
