wantex

The wantex SaaS web platform automates sourcing to contract processes with strong focus on ease of use for both the buyer and supplier. The Sourcing Hub helps you get the best bottom-line impact by streamlining RFIs, RFQs and RFPs at scale. Automations help guide the buyer from start to finish with features such as recommended suppliers, automated reminders and out-of-the-box scenario comparisons. We walk the talk when we claim ease-of-use, e.g. suppliers do not need to register and we use AI to ingest their quotes to minimize friction. The Supplier Hub helps you centralise all knowledge about your suppliers. The tool not only generates insights from your conversations/emails with the supplier, but also ensures that any master data is up to date. Collaborate with your colleagues on the strategic vision for existing suppliers or onboard new ones with a few clicks. The Compliance Hub helps you cope with the increasing demands from governments and policy makers. wantex uses workflows to automate LkSG, CBAM, RoHS, REACH compliance checks and document collections and many more.

wantex is the interface to the supplier helping to structure any communication from tendering to supplier management to compliance tasks. It functions as a central knowledge storage for the whole procurement organisation enabling quick strategic insights and decision making. wantex comes with many best-practice workflows out of the box and can be easily deployed in days.

Between 40% and 80% of the value created by an industrial company originates in the supply chain, yet procurement today uses the same unstructured communication channels as 50 years ago – phone, email and excel. Meanwhile, complexity increases as supply chains become more fragile and governmental compliance requirements increase. We believe that previous automation attempts fell short in expectation as they did not embrace the complexity and unstructuredness of reality. But finally there is a solution! AI enables us to for the first time in half a decade to automate based on unstructured information.