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Articles from Keelvar

Keelvar Launches Rate Manager: Turning a Tedious Process into a Competitive Advantage
Keelvar, a global leader in intelligent sourcing solutions, has announced the launch of its latest innovation, Keelvar Rate Manager, a centralized rate management tool designed to empower procurement teams with streamlined, efficient, and compliant rate handling. Built to address the growing complexity and automation of sourcing operations, Rate Manager enables procurement professionals to focus on strategic priorities while reducing the administrative burden of manual rate management.
By Keelvar · Via Business Wire · March 31, 2025
Over Half of Procurement Teams Are Automating—Keelvar’s 2025 Report Shows Why Others Risk Falling Behind
Keelvar, a global leader in intelligent sourcing solutions, has unveiled its annual CPO survey report, "Sourcing in 2025: AI & Automation Take Center Stage," shedding light on how procurement teams are leveraging automation to secure a competitive edge. The report highlights that 52% of procurement teams have already adopted automation technologies, significantly improving speed, efficiency, and responsiveness, while those yet to act face growing challenges to remain competitive.
By Keelvar · Via Business Wire · January 6, 2025
Keelvar Integrates with DAT to Enhance Freight Procurement with Real-Time Market Data
Keelvar, a global leader in intelligent sourcing optimization and automation, today announced an integration with DAT Freight & Analytics that makes DAT iQ spot and contract rates directly accessible through Keelvar’s platform. The integration gives shippers real-time insights into both spot and contract markets, helping them make smarter decisions and streamline their processes. With the industry’s most comprehensive and reliable pricing data at their fingertips, shippers can cut down on manual work, reduce errors, and secure better freight rates.
By Keelvar · Via Business Wire · November 11, 2024
AI and Automation Ignite a Transformative Year in Procurement, Keelvar Study Reveals
Keelvar, the leading global provider of autonomous sourcing and sourcing optimization solutions, has released the findings of its 2024 Voices of Sourcing report.
By Keelvar · Via Business Wire · February 6, 2024
Keelvar Unveils First of its Kind Autonomous Sourcing Solution, for Transformed Outcomes Across Strategic, Tactical and Tail Spend
Keelvar, a global pioneer of intelligent sourcing optimization and automation solutions, today launched the next-generation of its Autonomous Sourcing solution which, combined with its Sourcing Optimization platform, fuels a revolutionary approach to sourcing. The announcement makes Keelvar the only provider in the market to offer an optimization and automation solution in one tool for transformed sourcing across the full spend lifecycle – from strategic to tail – with no training or sourcing experience required.
By Keelvar · Via Business Wire · May 2, 2023
Procurement Workforce Demands Change and New Solutions Amid Record Disruption, According to Keelvar Study
Keelvar, the leading global provider of autonomous sourcing and sourcing optimization solutions, today released the results of its 2023 Voices of Sourcing report. Keelvar’ s research found that 91% of supply chains have been impacted by inflation, which has increased pressure on procurement teams to cut costs. Despite the urgency to control spending, only 12% of procurement and sourcing teams plan to cut budgets for technology and innovation, which shows the criticality of enabling technology in uncertain markets.
By Keelvar · Via Business Wire · January 17, 2023
Keelvar Partners with TealBook to Fuel Intelligent Procurement for Boosted Resilience
Keelvar, a global pioneer of intelligent autonomous sourcing solutions, has announced a partnership with TealBook, the leading Supplier Data Platform (SDP) provider, to fuel intelligent procurement decisions with the real-time data and visibility needed to ensure resilience amid ongoing supply chain chaos.
By Keelvar · Via Business Wire · December 13, 2022
Keelvar is Selected for 2022 Spend Matters ‘50 Providers to Watch’ List
Keelvar, a global pioneer of intelligent autonomous sourcing solutions, has been included in the Spend Matters ‘50 Provider to Watch’ list, as revealed today during the SIG Global Executive Summit, a destination for industry recognition and achievement hosted by Sourcing Industry Group (SIG).
By Keelvar · Via Business Wire · October 17, 2022
Keelvar Raises $24M to Usher in Next Generation of Intelligent Sourcing Technology
Keelvar, a global pioneer of intelligent sourcing and automation solutions, today announced it has raised $24 million in Series B funding to simplify and radically improve procurement, the world’s most inefficient trillion-dollar marketplace. Keelvar’s sourcing technology - which leverages AI, data science and smart sourcing bots that run on autopilot - empowers customers to make crucial supply chain decisions quickly and confidently amidst ongoing change and disruption.
By Keelvar · Via Business Wire · May 16, 2022
90% of Procurement and Sourcing Executives Say Managing Supply Chain Disruptions is Top Priority, According to New Keelvar Survey
Keelvar, the leading global provider of intelligent sourcing optimization and automation for procurement teams, today released the results for its first annual 2021 Voices of Sourcing report. The study includes insights from procurement leaders worldwide on emerging challenges and priorities amid this year’s ongoing global supply chain disruptions.
By Keelvar · Via Business Wire · October 26, 2021
Keelvar Expands Sourcing Optimization and Automation Market Share with New Customer Growth in 2021
Keelvar – the leading global provider of intelligent sourcing optimization and automation solutions – today announced further expansion into global supply chain-driven enterprises with the addition of 11 new customers ending its third quarter. This follows the company’s record growth in the first half of 2021. Year to date, 21 new global enterprises have selected the company’s SaaS solutions for sourcing optimization and intelligent sourcing automation.
By Keelvar · Via Business Wire · October 20, 2021
Keelvar Enhances Ocean, Air Freight Sourcing Bots for Procurement Automation
Keelvar, the leading global provider of intelligent sourcing automation solutions, today announced it has further expanded the functionality of its sourcing bots built specifically for ocean and air freight buying. The logistics procurement bots can now support customers where it’s critical to collect and analyze more detailed carrier data for a greater variety of freight needs, including temperature control, specialized goods classifications, and freight pricing based on a combination of weight and container size.
By Keelvar · Via Business Wire · June 23, 2021