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Get answers to the most frequently asked questions about ProcurementIQ

Learn more about market intelligence for procurement, our custom procurement research options and the RFP Builder.

ProcurementIQ is not a software system, so IT development is not required to access our research. With a subscription to ProcurementIQ, you’ll have access to a web-based collection of research reports covering more than 1,000 procurement categories. Using our information is as easy as logging into any website. 

ProcurementIQ was founded in 2013 to meet the specific needs of procurement practitioners and departments. We offer a suite of products and services that cater directly to solving your problems, like achieving cost avoidance targets, improving speed to market, training and upskilling employees, centralizing category knowledge in your department and building relationships with stakeholders.  

Procurement market intelligence and category research provide purchasing professionals with valuable insight and analysis on hundreds of products and services. The ProcurementIQ solution is specifically designed to help procurement and sourcing departments identify price drivers and market characteristics that impact buying decisions. Procurement professionals use our reports to enhance early stage consultations with internal departments, build targeted RFPs, understand supply risks and effectively negotiate purchases. 

You may try searching by keyword to find a list of relevant reports (the search box is available at the top right of every web page). Or you can call us at 1-888-878-9429 and we will be glad to help you find the report that best meets your needs and business objectives. We’d also be happy to schedule a free demonstration with you to discuss your business intelligence needs.

We update our reports an average of 2-3 times per year depending on changes in the market for each report. Our update schedule ensures that you can make decisions based on information that is current and insightful.

We scour hundreds of official and publicly-available sources, such as the US Census Bureau, the Bureau of Labor Statistics, SEC filings and more. ProcurementIQ analysts also use industry contacts and associations and non-public sources to find key data and news. Proprietary in-house data and statistical modeling fill in gaps and provide the foundation to forecasts.

ProcurementIQ offers tailored memberships to suit any organization, whether you’re a sole proprietorship, a Fortune 500 company, a non-profit, a public entity or an academic institution. We’ll work with you no matter your budget. Call us at 1-888-878-9429 or email us to discuss your research needs. 

While you can purchase individual reports, it may be more cost effective to explore an annual membership with ProcurementIQ. A membership gives you access to hundreds of reports for a full year. We offer tailored memberships to suit any organization. Call us at 1-888-878-9429 to learn more. 

Each report page gives an overview, data snapshot and additional information that will give you insights into what the report contains. You can also download a free sample report to get a sense of the format of our reports. If you need more information before you purchase, please call us at 1-888-878-9429 and a representative will be happy to answer your questions. 

Yes, we offer project-based, custom research services for procurement. The research is performed by the same team of in-house analysts who write our market intelligence reports. You can learn more about CustomIQ or view commonly requested projection options 

Since this is custom research, the cost for each project will vary. We offer hourly rates, or you can purchase a bundle of hours to use over time at a discounted rate. Please contact us to discuss your custom research needs so we can help determine the most cost-effective approach for you and your procurement team. Before we begin work on each project, you’ll receive a Statement of Work that will outline the deliverables, the estimated timeline and the cost.  

While each project is unique, the turnaround time for many of the custom research projects we perform is around 5 business days. Before we begin work on each project, you’ll receive a Statement of Work that will outline the deliverables, the estimated timeline and the cost.  

The RFP Builder is a web-based content management platform that automatically populates information into templates and makes the creation of your RFPs a quick, centralized and repeatable experience.  

No, the RFP Builder is entirely web-based and does not require any IT installations. 

ProcurementIQ offers tailored RFP Builder and market intelligence memberships to suit any organization, whether you’re a sole proprietorship, a Fortune 500 company, a non-profit, a public entity or an academic institution. We’ll work with you no matter your budget. Call us at 1-888-878-9429 or email us to discuss your research needs. 

Don’t see an answer to your question?

We’re here to answer any additional questions you may have. Call us at 1-888-878-9429 or email us. You may also request a free demo. We look forward to answering any questions you might have and discussing your research needs.