Rate Manager: the key to true autonomous sourcing

Keelvar’s Rate Manager is the AI-enabled hub that feeds Autonomous Sourcing with live, accurate rate intelligence – making every decision smarter, faster, and fully automated.

RATE MANAGER IS FOR SOURCING TEAMS WHO STRUGGLE WITH:

Disparate systems for rate cards & no source-of-truth

Manual updates & tracking status

Time consuming search & retrieval of rates

Complicated reporting and monitoring

Why use Rate Manager?


Keelvar is the only platform with a Rate Manager fully integrated into both Advanced Sourcing Optimization and Autonomous Sourcing. Rates update automatically, and expiring rates trigger new events – so buyers focus solely on strategic work.

Achieve true Autonomous Sourcing

Drive cost & time savings

Consolidate data, eliminate redundancies, and reduce overhead to cut down rogue spend. Automated, accurate rate data lets sourcing agents launch smarter events automatically.

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Ready to scale, easy to adapt

Integrations and clean data ensure sourcing agents work with structured intelligence – meaning more events don't create more complexity. Rate Manager is suited to any category or spend type, making it super easy to scale across your entire sourcing organization.

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Enforce compliance seamlessly

Drive transparency and reduce risk with rate audit trails. Reduce maverick buying and ensure adherence to contracted pricing by providing rates to business users.

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Make data-driven decisions

Access historical and real-time data for better supplier negotiations. Enhance sourcing strategies with robust scenario analysis.

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See Sourcing Optimizer in action with a live demo

Rate Manager highlights

Automated rate management

Automatically export new rates into category-specific rate cards, and automatically trigger sourcing events to renew expiring rates.

Efficient search & retrieval

Find the right rates quickly using advancedfiltering and sorting.

Flexible rate management

Choose whether rates are refreshed manually, or automatically – based on live benchmarking data, your own inventory, or your own trends.

Granular access control

Enable customized permissions, ensuring secure and consistent rate management.

Single source of truth

Consolidate all rates for consistency, providingeasy view-only access to broader teams.

Rate Manager features

Automatically refresh expiring rates with no manual intervention

Create rate cards with custom fields, supplier lookups, contracted dates

Simplify setup by consolidating rates with bulk imports or in-app creation

Empower teams with easy access to rate data through exportable views and sorting

Sourcing optimization success stories
Check out what our customers say

“Keelvar makes processes that are complex, simple, so you can easily follow them, and you can easily go through the checkpoints, so you’re sure you’re not going to make a mistake. It’s like having a second pair of eyes checking everything you’re doing, but in a smart way that unlocks more value for strategic events.”

Radu Panciuc, Contracts & Innovation Manager - Samsung

“Keelvar is a very user-friendly, simple system, with a lot of powerful things integrated into one solution. The success is the data transparency and the structured way of the process”

Steffen Decker, Senior Director of Sourcing Excellence - KK Wind Solutions

“We figured out a better way to do these larger events. And because the bids weren’t so painful, we were able to go more frequently. So we started to do many more events throughout the course of the year.”

Basil Weaver, Director of Supply Chain Solutions and Analytics - CJLA

“Interaction with our suppliers is all within Keelvar's tool. Two years from now when we go back into this year's event,  all the details will be in there. Everything that you need to know about that event is captured in one place.”

Sheila Lopez, Sr. Manager Sourcing Analytics, Stanley Black & Decker

Sourcing optimization resources