Product

About the Archlet

Archlet is an AI-powered strategic sourcing platform designed to help procurement teams run RFPs, RFIs, RFQs, and eAuctions with advanced bid analytics and scenario optimization. The platform combines intuitive workflows with powerful AI capabilities—through its AI engine named Spark—to automate repetitive tasks, instantly generate sourcing scenarios, recommend auction formats, and analyze bids for faster and smarter decisions. Archlet targets both complex strategic sourcing and tactical or tail spend projects within one unified platform. It is used by major global enterprises like PepsiCo, Estée Lauder, and Total Energies to improve sourcing speed by up to 15%, achieve cost savings of 1-10%, and increase supplier participation by 45% without sacrificing quality or collaboration ease