





Conpas Rating
-
Website
https://chainiq.com/Overview
Chain IQ is a global AI-driven independent indirect procurement service company, founded in 2013, providing strategic, tactical and operational procurement across 49+ countries for 60+ clients.
Number of Employees
501-1,000
Services Provided
Consulting, Digital Solutions
Conpas Rating
-
Website
https://chainiq.com/Overview
Chain IQ is a global AI-driven independent indirect procurement service company, founded in 2013, providing strategic, tactical and operational procurement across 49+ countries for 60+ clients.
Number of Employees
501-1,000
Services Provided
Consulting, Digital Solutions
Regions
Asia, Europe, North America
Countries
India, Japan, Poland, Romania, Singapore, Switzerland, United Kingdom, United States Of America
Regions
-
Countries
Togo
Year of foundation
2013
Structure
Privately Held
Industry
Professional Services
Year of foundation
2013
Structure
Privately Held
Industry
Professional Services
Problems we solve
The Hidden Cost Drain in Every Large Enterprise
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Consulting Solutions By Capability
Business Procurement Outsourcing (BPO)
Full or partial outsourcing of indirect procurement operations complementing clients' retained organisations to deliver process efficiencies, cost savings and purchasing power at scale across 49 countries. Combines operational delivery with procurement expertise to optimize end-to-end procure-to-pay workflows, supplier master data management, and e-sourcing execution while maintaining service quality and compliance standards. Everest Group Star Performer in Procurement Outsourcing 2020–2022 and 2024, with enterprise clients including UBS and Implenia demonstrating capability to manage complex, multi-geography procurement operations with continuous improvement and standardization embedded throughout service delivery.
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Consortia Buying
A collaborative sourcing model that bundles indirect spend volumes across multiple clients to unlock collective purchasing power, delivering 15–30% savings through Dynamic Pricing and Smart Joint Sourcing. Leverages aggregated demand across client bases to negotiate favorable terms, access tier-based pricing discounts, and optimize supplier relationships at scale without requiring clients to consolidate operations. Expanded through the 2020 acquisition of Koettschau-SPS GmbH to deepen consortia buying capability, combining category strategy expertise with joint sourcing orchestration to enable mid-market and enterprise clients to access Fortune 500-level supplier agreements and volume-based value capture.
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Procurement Advisory Services
Independent advisory across strategic sourcing, category management, spend analytics, supplier performance management and procurement transformation to help clients build world-class procurement functions. Services span ESG integration, digitalization roadmaps, and procurement strategy optimization, enabling clients to establish best-in-class procurement capabilities tailored to evolving business needs. Everest Group Star Performer in Source-to-Contract (S2C) Services 2024, demonstrating expertise in category playbooks, negotiation strategies, and supplier intelligence frameworks that translate spend data into competitive advantage and sustainable value creation.
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Digital Solutions By Capability
Smart Connect powered by Chain IQ
A connected procurement interface delivering optimal digital experience for end users and system integrators. Smart Connect offers secure, seamless, and flexible system integration and orchestration — connecting to ERP systems through an agnostic approach to multiple data formats, with out-of-the-box and custom connectors to suppliers and e-marketplaces. The platform serves as the foundation for Chain IQ's entire digital ecosystem, enabling modular, scalable procurement technology deployment.
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Digital Sourcing (S2C)
An interconnected digital suite driving Chain IQ's end-to-end Source-to-Contract (S2C) offering. Dynamic Pricing integrates seamlessly with AI-driven e-RFx and e-Auctions capabilities, supporting Supplier Performance Management, Contract Life-Cycle Management, and Sourcing Performance Insights — delivering a fully digital source-to-contract experience powered by Generative AI for predictive analytics and strategy creation.
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