EvaluationsHub publishes this comparison, so treat it as an interested party’s account and check the links. Every claim about HICX is sourced to a page HICX publishes, with the date we read it. Where something is not public, we say so rather than guessing. Last reviewed 29 September 2026.

The short version

HICX and EvaluationsHub answer different questions. HICX is built to be the authoritative supplier record across a complicated system landscape. EvaluationsHub is built to run the supplier lifecycle itself: sourcing suppliers in, scoring them on a cadence, and closing the corrective actions that come out of it.

If no two of your systems agree on who a supplier is, that is HICX’s problem to solve. If you know exactly who your suppliers are and still cannot say which ones are improving, that is ours.

What HICX is

HICX is an enterprise supplier management platform, founded in 2004 and headquartered in London. Dafydd Llewellyn was announced as CEO in September 2025, with co-founder Costas Xyloyiannis moving to non-executive Chairman. The company raised $30 million in September 2022, led by Wavecrest Growth Partners. (About, CEO announcement, funding.)

HICX is direct about its centre of gravity. On its Supplier Information Management page it states: "HICX is only for supplier data. We’re a domain-expert supplier master data management provider focused on delivering real value to business users in Procurement, Supply Chain, Finance and beyond." (Source.)

It publishes five platform components: a Supplier Data Foundation for master data, Supplier Information Management, Supplier Process Orchestration, a Business Portal for internal teams, and a Supplier Portal as "one front door for all suppliers". (Source.)

Where HICX is the stronger choice

This section is honest, because the rest of the page is worth nothing otherwise.

One supplier record across many ERP and AP systems. Their best-evidenced claim, backed by named cases. AutoNation consolidated 13 regional ERPs plus PeopleSoft and 14 accounts payable systems into "a single source of truth, one point of data entry that feeds to all ERP systems". EDF Energy’s head of procurement directorate is quoted on de-duplication inside SAP being "probably the biggest challenge". Their integration page cites implementations "involving tens or even hundreds of ERP instances from multiple vendors". (AutoNation, EDF, integration.)

Very large supplier populations. HICX states its Supplier Portal supports "hundreds of thousands of suppliers per client" and moves data loads with "millions of data attributes" in minutes. (Source.)

Formal process modelling. Supplier Process Orchestration is described as no-code, built on "all standard BPMN features", with a template library so workflows can be edited "with no need for IT support". If your supplier processes must be modelled formally and signed off as diagrams, that is a real capability. (Source.)

Third-party validation wired into the record. HICX Origin connects supplier records to "40+ trusted data sources", with named data partners including Dun & Bradstreet, EcoVadis, OFAC, Melissa and Swift. Bank account and W-8/W-9 document validation were added in Q1 2026. (Partners, what’s new.)

Supplier performance management is a real HICX capability, not a gap. They publish a use case titled "Supplier performance scored on data, not gut feel", covering scorecards from a KPI library, weighted scoring across quality, delivery, cost and sustainability, automated scoring cycles, threshold alerts, corrective actions triggered on underperformance, and supplier-visible scorecards. Any comparison claiming HICX cannot do performance management is wrong. (Source.)

Analyst recognition. HICX is a named Sample Vendor for Supplier Information Management in the Gartner Hype Cycle for Procurement and Sourcing Solutions, 2026. Gartner’s own disclaimer is reproduced on their announcement: Gartner "does not endorse any company, vendor, product or service depicted in its publications". Inclusion as a Sample Vendor is not a ranking. (Source.)

What EvaluationsHub is

EvaluationsHub is a full supplier lifecycle management platform. Two integrated products cover the lifecycle end to end, sharing one supplier record, one permission model and one reporting layer rather than sitting next to each other and exchanging files.

InitiativesHub covers everything before the relationship exists: intake and needs capture, RFx across RFI, RFQ and RFP with bid comparison, qualification scoring and selection, awarding, contract with SLA and renewal alerts, and guided onboarding.

EvaluationsHub covers everything after it does: continuous risk scoring, CSRD-ready ESG evidence collection, weighted performance KPIs, corrective actions triggered automatically with owners and due dates, and quarterly business reviews. Eva AI cross-checks contract obligations against live performance data and flags drift against your acceptance thresholds, with human approval required before anything executes.

That is the whole lifecycle in one platform: intake, sourcing, award, onboarding, performance, risk, compliance, corrective action and review. Four design decisions matter in a comparison like this one.

The evaluation cadence is the product, not a reporting module. Scoring, reminders, escalation, CAPA recurrence and document collection are included in every deployment rather than sold as automation add-ons. Suppliers work inside the same two-way workspace, see their own scorecard, and close actions with you.

Multi-stakeholder scoring is native. Quality, operations, engineering and category management score the same supplier against weighted criteria, and the platform resolves that into one comparable result instead of one buyer’s opinion.

Standalone or layered, your choice. No ERP is required. Import your supplier list and run the full lifecycle, or layer it on SAP, Oracle, Dynamics or Coupa with bidirectional sync and no duplicate entry. You do not need a master data programme to finish before you can start measuring performance, and most teams run their first evaluation cycle in three to four weeks with their own suppliers and data.

European by default, enterprise-ready. ISO 27001 certified, hosted on AWS eu-west-3 in Paris, encrypted at rest and in transit, data does not leave Europe, DPA on request. Larger deployments run SSO and SAML with Okta, Azure AD or Google Workspace, SCIM provisioning, and multi-entity governance. Rated 4.9 out of 5 on G2, across 350+ procurement teams.

Side by side

Choose HICX if

• You run many ERP or accounts payable instances and no two agree on who a supplier is.
• Your supplier base runs to the hundreds of thousands, or data volumes to millions of attributes.
• Duplicated supplier master data is what is costing you money, ahead of performance measurement.
• You need one governed supplier front door with single sign-on, replacing several supplier logins.
• Supplier processes must be modelled formally in BPMN and signed off as diagrams.
• Single-tenant deployment is a hard requirement from procurement or IT.
• You want sanctions screening, sustainability ratings and bank validation supplied by the vendor.

Choose EvaluationsHub if

• You want one platform from intake and RFx through to the scorecard and the closed corrective action, rather than a sourcing tool and a performance tool that do not share a record.
• The review loop is the point: recurrence, reminders, escalation and corrective actions that actually close, with the supplier working the plan in the same place you are.
• Several functions need to score the same supplier and you want one comparable result rather than one buyer’s opinion.
• You are chasing value leakage and contract drift, and want obligations checked against what suppliers actually delivered.
• You want a cycle live in weeks on your own suppliers, without waiting for a master data programme or an ERP integration to finish first.
• CSRD evidence has to be collected continuously rather than assembled in a panic before an audit.
• EU data residency matters, and ISO 27001 plus AWS Paris answers your security review.

What we cannot tell you

• How HICX prices. They publish nothing on it, so you will have to ask them.
• How long a HICX implementation takes in general. No standard timeline is published. The two public figures are customer datapoints for global multi-ERP programmes, which tell you about those programmes rather than yours.
• Which ERPs HICX has pre-built connectors for. They claim connectors for all major ERP, procurement and supply chain software but publish no named list. SAP and PeopleSoft appear in their case studies. Ask for the list.
• Whether HICX appears in any Forrester Wave. Those reports are paywalled and we could not verify either way, so we make no claim.
• How their software feels in practice. We have read their documentation. We have not run it, and we will not characterise software we have not used.

Where that leaves you

If consolidating the supplier record is the project, HICX is a serious, long-established answer and we would rather you heard that from us than discovered it after buying the wrong thing.

If the record is fine and the problem is that nobody is scored on a cadence, nothing gets escalated, and last quarter’s corrective actions are still open, that is the lifecycle we run, and you can be inside a real cycle within a month.

Talk to us about your supplier programme, or see how pricing works.