Prospeum 2026: Benefits, Features & Pricing

Prospeum is a supplier relationship management (SRM) solution that streamlines supply chain management and compliance. The software caters to procurement and sustainability teams who need to consolidate supplier data for risk analysis, performance evaluation, and reporting.

Prospeum offers a cloud platform that helps users centralize all supplier information in one place. The solution helps users meet compliance requirements and harness supplier data for sustainability and risk mitigation goals. Key features automate the collection and updating of supplier master data via self-disclosures and data integrations. Prospeum also enables collaborative supplier assessments.

Stakeholders can provide input on supplier risks and capabilities within the system, eliminating the need for manual processes. Users gain access to supplier insights through search and reporting tools. The software also facilitates streamlined sourcing events. Teams can bundle RFX processes from inquiry to nomination. The solution brings added transparency to selection processes by incorporating supplemental supplier data like sustainability scores. This allows users to make selections based on both commercial fac...