🚀 Feature Release: Smarter Sourcing, Seamless Supplier Data, and Simple Spend Insights in EvaluationsHub

Procurement leaders today are expected to do more with less: accelerate sourcing, engage suppliers more effectively, ensure compliance, and still keep costs under control. At EvaluationsHub, we believe that efficiency and strategy go hand in hand — and every new release is designed to help procurement teams move faster without losing control.

This month, we’re excited to introduce three powerful feature updates:

1. RFx made smarter – from RFPs to RFQs, powered by aggregated scoring and supplier portals.

2. Supplier Information Management with org charts – giving you a single source of truth.

3. Lightweight Spend & Contract Tracking – so you’ll never miss a renewal date again.

Together, these features make sourcing and supplier management more transparent, collaborative, and data-driven.

1️⃣ Smarter RFx: Move Beyond Price into True Supplier Value

Traditional RFPs and RFQs often reduce supplier selection to a spreadsheet exercise. But real value lies in combining quantitative and qualitative inputs: pricing models, TCO documents, certifications, sustainability scores, innovation proposals, and even insights from meetings or surveys.

With EvaluationsHub’s new RFx functionality:

• Run category-specific sourcing events.

• Give suppliers a branded portal to submit their responses.

• Gather multi-source inputs (cost breakdowns, ESG certificates, stakeholder feedback).

• Automatically aggregate results into a transparent score that’s easy to share internally.

👉 Procurement gains defensibility, suppliers see professionalism, and leadership gets clarity.

📸 Screenshot suggestion: An RFx dashboard showing supplier submissions side by side, with weighted scoring categories like “Cost (40%), Sustainability (20%), Quality (25%), Innovation (15%)” leading to a composite score.

2️⃣ Supplier Information Management: A Living Org Chart

Every procurement team knows the frustration of outdated supplier records, scattered certifications, and not knowing “who to call” when issues arise. Our new Supplier Information Management (SIM) module puts you back in control.

Key highlights:

• Maintain a full organizational chart for each supplier, mapping key roles and responsibilities.

• Enable self-service document uploads, so suppliers keep their own certifications, insurances, and compliance materials up to date.

• Use SIM as a central, always-current source of truth for supplier contacts, responsibilities, and compliance.

No more chasing emails or missing certifications — procurement can now focus on strategy, not admin.

📸 Screenshot suggestion: Supplier profile view with an org chart visualization, plus a certification section showing uploaded ISO/ESG documents with status (valid, expiring soon, expired).

3️⃣ Lightweight Spend & Contract Tracking: The Essentials, Simplified

Spend insights don’t need to be complicated. With our new Lightweight Spend Overview, you get a clear view of:

• Spend history with each supplier (volume, trend, and category).

• Linked contracts stored securely with a full audit log.

• Automated renewal reminders so no contract ever expires unnoticed.

This feature ensures procurement can spot trends, stay compliant, and manage supplier commitments — all without the complexity of a full-blown spend analysis system.

📸 Screenshot suggestion: Supplier spend dashboard showing annual spend trend line, contract list with “status: active/expiring in 60 days,” and a secure lock icon for audit compliance.

🌐 Why These Updates Matter

Together, these three features strengthen procurement’s ability to:

• Run sourcing events faster while including every relevant stakeholder input.

• Keep supplier information accurate and compliant with minimal admin burden.

• Control spend and contracts without expensive, complex tools.

It’s procurement designed for efficiency, transparency, and impact.