Press Release | Find My Factory is now Speya™

Press Release | Find My Factory is now Speya™

Best Supplier Discovery Platforms in 2026

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Speya

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6 min read

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Updated

Best Supplier Discovery Platforms in 2026

At a glance: how they compare

Tool

Supplier discovery

AI-vetting

Built for

Speya

Describe it in plain language

Every supplier AI-vetted

Enterprise procurement teams

SAP Ariba

Manual, from existing lists

Supplier-submitted onboarding data

Enterprises standardized on SAP

Scoutbee

AI attribute and keyword search

Supplier data enrichment

Coupa suite customers

Alibaba

Manual keyword search

Limited, buyer-led

Marketplace / SMB trade

Thomasnet

Manual keyword search

Limited, self-reported profiles

North American industrial buyers, MRO and OEM

JAGGAER

Manual, within existing network

Supplier-submitted onboarding data

Complex regulated industries on source-to-pay

Speya’s row describes the platform as shipped. Other rows summarise each vendor’s publicly documented approach at the time of writing.

Last updated: 12 October 2026. Competitor facts below are dated and come from each company’s own pages, filings or press releases.

The Best Supplier Discovery Platforms in 2026 Combine AI Matching with AI-vetted Supplier Data

The best supplier discovery platforms in 2026 do not just list manufacturers. They use AI to match your exact specifications against documented capabilities, automate vetting, and monitor supplier health over time. The market has moved from static directories toward AI-driven platforms, and the main choice for an enterprise team is now where that AI sits: in a directory, inside a procurement suite, or in an independent layer beside the suite.

This guide ranks the major platforms across the dimensions that matter most to procurement teams: discovery quality, supplier vetting, automation, monitoring, and fit with the procurement stack you already run.

How We Evaluated These Platforms

We assessed each platform on five criteria that procurement teams consistently rank as most important. Discovery quality measures how effectively the platform connects you with suppliers that genuinely match your requirements, not just keyword matches. Verification depth looks at whether the platform validates capabilities, certifications, and financial health or just confirms a company exists. Automation covers how much manual work the platform eliminates from the sourcing process. Monitoring examines whether the platform provides ongoing supplier intelligence after initial discovery. And stack fit looks at how the platform works alongside the source-to-pay suite, ERP and compliance tools an enterprise team already runs.

1. Speya (formerly Find My Factory): Best for Independent, AI-Vetted Supplier Discovery

Speya (formerly Find My Factory) is an independent supplier intelligence platform for enterprise procurement teams. You describe the need in plain language; AI agents search millions of supplier profiles across 250+ data sources and return AI-vetted shortlists with sources beside every name.

Speya is not owned by or bundled into a procurement suite, and suppliers cannot pay to be listed or ranked. It works beside the suite you already run and connects through its API. See what independent means for the full criteria.

Best for: Enterprise procurement and category teams that need a sourced, defensible shortlist for a new or hard-to-fill category, and want discovery that does not depend on one suite’s network.

Consider: Speya covers discovery and vetting before a sourcing event. Sourcing events, contracts, purchase orders and invoices stay in your suite.

Standout feature: A plain-language brief goes in; an AI-vetted shortlist with sources beside every name comes out.

2. SAP Ariba — Best for SAP-Centric Enterprises

SAP Ariba remains a dominant force in enterprise procurement, particularly for organizations already embedded in the SAP ecosystem. Its supplier discovery network is vast, and integration with SAP’s ERP and S/4HANA makes it a natural fit for large enterprises standardizing on SAP.

SAP now markets next-gen SAP Ariba as an AI-native source-to-pay suite. The trade-off is scope: Ariba runs sourcing, contracting, purchasing and invoicing, so rolling it out is a programme rather than a trial, and supplier discovery is one part of a broad suite. Teams that need an outside view of the supply market often pair it with a specialist discovery tool.

Best for: Large enterprises (5,000+ employees) already using SAP.

Consider: Implementation effort, and discovery that is one module among many. See Speya vs SAP Ariba.

3. Coupa (with Scoutbee) — Best for Large Enterprise AI Sourcing

Coupa announced a definitive agreement to acquire Scoutbee, an AI-powered supplier discovery platform and network, on 6 October 2025. Coupa said it would integrate Scoutbee’s AI-powered search, supplier network and dataset with the Coupa platform and its own buyer-supplier network.

For organisations already running Coupa, that puts AI discovery inside the suite where sourcing events, contracts and purchasing already live. The trade-off is the one any suite-owned discovery tool carries: the suite’s network, roadmap and commercial model shape how discovery develops.

Best for: Organisations standardised on Coupa that want discovery inside the same suite.

Consider: Discovery tied to one suite. See Speya vs Scoutbee.

4. Thomasnet: North American Industrial Directory with Smart Search

Thomasnet is run by Thomas, a Xometry business since Xometry announced the acquisition on 8 December 2021. Thomas says it connects buyers with more than 500,000 North American suppliers. On 15 January 2026 it launched Thomas Smart Search, which lets buyers type detailed, multi-capability searches in their own words instead of choosing from categories. It launched Performance-Based Listings at the same time, which let suppliers pay for sponsored listings shown to in-market buyers.

Search is free for buyers, and the directory goes deep on North American industrial suppliers. Buyers still read profiles, compare suppliers and run qualification themselves, so it helps to know which listings are sponsored.

Best for: Finding North American industrial suppliers by capability when your team will run the vetting.

Consider: North American focus, sponsored listings next to search results, and vetting that stays with the buyer. See Speya vs Thomasnet.

5. Alibaba.com: Largest Global B2B Marketplace

Alibaba offers unmatched breadth with millions of supplier listings, predominantly from Asia. Alibaba Group describes Alibaba.com as a leading platform for global B2B e-commerce, launched in 1999. It is useful for price benchmarking and early market exploration. As an open marketplace, it leaves supplier qualification to the buyer, which matters most in critical categories.

The platform is a marketplace, not a procurement tool. Check exactly what any badge or verification label covers before relying on it. For procurement teams where quality failures have real consequences, Alibaba should be one input among many, not a primary sourcing strategy.

Best for: Price benchmarking, non-critical purchases, initial market research on Asian suppliers.

Consider: Qualification and ongoing monitoring stay with the buyer. See Speya vs Alibaba.com.

6. GlobalSources and Made-in-China — Regional Alternatives

Global Sources combines an online B2B marketplace with sourcing trade shows, including its Hong Kong shows. Made-in-China.com, founded in 1998 and operated by Focus Technology, is a multilingual B2B platform for buyers sourcing from Chinese suppliers. As with other marketplaces, qualification and monitoring are largely the buyer’s job. See Speya vs Global Sources.

Best for: Supplementary research on Asian manufacturing markets.

Consider: Qualification and monitoring stay with the buyer, as on other marketplaces.

7. JAGGAER: Source-to-Pay Suite with a Supplier Network

JAGGAER describes JAGGAER One as a source-to-pay platform connecting sourcing, procurement and supplier intelligence, with a supplier network underneath it. Like other suites, its discovery works best for suppliers inside or connected to that network.

Best for: Organisations that want sourcing, procurement and supplier management on one suite; JAGGAER highlights manufacturing, public sector and higher education.

Consider: Discovery scoped to a suite and its network. See Speya vs JAGGAER.

How Agentic Discovery Differs from Search-Based Platforms

Search-based platforms, from directories to marketplaces, return a list of matches. The buyer then reads profiles, cross-checks certifications, compares candidates and decides who is worth contacting. The software finds; the person synthesises.

Agentic platforms move the synthesis to the software. In Speya, the flow from brief to shortlist runs like this:

  1. Brief. Describe the need in plain language: the part or service, volumes, regions, certifications and any hard constraints.

  2. Search. AI agents search millions of supplier profiles across 250+ data sources.

  3. Vet. Agents check each candidate against your criteria and record where each piece of evidence came from.

  4. Shortlist. You get an AI-vetted shortlist with sources beside every name, ready to compare side by side and take into your sourcing event.

The practical difference is where the effort goes. With a directory, your team spends time finding and checking. With an agentic platform, it spends that time reviewing evidence and deciding.

Specialist Discovery vs Enterprise Suites: The Trade-Offs

Enterprise suites such as Coupa, SAP Ariba and JAGGAER now include AI and supplier networks. Specialist discovery tools do one job in more depth. Neither is better in every case; they suit different situations.

Question

Suite with built-in discovery

Independent specialist

Where does search start?

Mainly the suite's own supplier network

The wider market, beyond any one network

What does it cover?

Sourcing, contracts, purchasing, invoicing

Discovery, vetting, enrichment, monitoring

Who shapes the roadmap?

The suite vendor

The specialist, independent of any suite

How does it connect?

Native to the suite

Via API, beside the suite

Best fit

Repeat buys from known suppliers

New categories, dual sourcing, hard-to-fill needs

A specialist tool tends to add most value when the right supplier is not yet in your network: a new category, a nearshoring or dual-sourcing project, a supplier that has failed, or a specification few suppliers can meet. A suite's own discovery suits repeat buying from suppliers already onboarded. Many enterprise teams run both, with the specialist feeding vetted suppliers into the suite. Our page on what independent means sets out the criteria Speya applies to itself.

How Each Platform Is Positioned (as of 12 October 2026)

Each line below is based on the vendor's own pages, filings or press releases, read on 12 October 2026. Speya is not affiliated with any vendor named here.

Platform

How the vendor positions it

Ownership note

Speya

Independent supplier intelligence: describe the need in plain language; AI agents search millions of supplier profiles across 250+ data sources and return AI-vetted shortlists with sources beside every name

Independent; not part of a procurement suite

SAP Ariba

AI-native source-to-pay suite

Part of SAP

Coupa with Scoutbee

AI platform for total spend management; Scoutbee adds AI supplier discovery

Coupa announced the Scoutbee acquisition on 6 Oct 2025

Thomasnet

Industrial sourcing platform with Smart Search since 15 Jan 2026

A Xometry business since Dec 2021

Alibaba.com

Platform for global B2B e-commerce

Part of Alibaba Group

Global Sources

B2B marketplace and sourcing trade shows

Site copyright: Publishers Representatives Limited

Made-in-China.com

Multilingual B2B platform for Chinese suppliers

Operated by Focus Technology

JAGGAER

Source-to-pay platform with a supplier network

JAGGAER One is JAGGAER's own suite

For a detailed head-to-head with any of these, see the comparisons hub, including Speya vs Thomasnet.

The Bigger Picture: Why AI-Native Platforms Are Winning

The shift from directories to AI-driven discovery is a structural change in how sourcing starts. Directories and marketplaces still leave the reading, comparing and vetting to the buyer. Agentic platforms move that work to the software and hand back evidence for each decision.

For enterprise teams that want discovery independent of any one suite, Speya is built for that job. See every head-to-head on the comparisons hub.

Explore the platform at speya.ai/overview.

Frequently Asked Questions

What makes a supplier discovery platform “AI-native”?

An AI-native platform was designed from the ground up to use artificial intelligence for matching, verification, and monitoring — rather than adding AI features on top of a traditional directory or marketplace. Speya is an example of AI-native design.

How does Speya compare with suites like SAP Ariba?

They do different jobs. SAP Ariba runs sourcing, contracting, purchasing and invoicing. Speya finds and AI-vets suppliers before a sourcing event starts and connects to the suite through its API, so many enterprise teams use both. See Speya vs SAP Ariba.

What changed at Thomasnet in 2026?

Thomas, a Xometry business since December 2021, launched Thomas Smart Search on 15 January 2026. Buyers can now type detailed, multi-capability searches in their own words rather than picking categories. Thomas also launched Performance-Based Listings, which let suppliers pay for sponsored placement. Vetting still sits with the buyer. See Speya vs Thomasnet.

Does Speya replace my procurement suite?

No. Speya works beside the suite. The suite keeps running sourcing events, contracts, purchase orders and invoices, while Speya finds, vets, enriches and monitors the suppliers that flow into it, connected through its API. See what independent means.

How do AI-powered platforms find better-matched suppliers?

Traditional directories rely on keyword matching against self-reported profiles. AI platforms analyze actual capabilities, certifications, capacity, and track record, identifying matches that keyword searches miss entirely.

What happened to Scoutbee?

Coupa announced a definitive agreement to acquire Scoutbee on 6 October 2025 and said it would integrate Scoutbee’s AI search, supplier network and dataset into the Coupa platform. Scoutbee now presents itself as a Coupa company. For a side-by-side view, see Speya vs Scoutbee.

Should I use multiple supplier discovery platforms?

Many teams do. A common approach is using Speya as the primary discovery and qualification tool, with marketplaces like Alibaba for supplementary price benchmarking on non-critical categories.

Want the full picture? See how AI supplier discovery works, from a plain-language need to an AI-vetted, tiered shortlist in minutes.

Supplier discovery platform comparison 2026: which has the best AI?

It depends on where you need the AI to work. Directories such as Thomasnet now offer free-text search, but buyers still vet suppliers themselves. Suites such as Coupa and SAP Ariba build AI into source-to-pay. Speya is an agentic specialist: describe the need in plain language; AI agents search millions of supplier profiles across 250+ data sources and return AI-vetted shortlists with sources beside every name. See the comparisons hub.

Coupa supplier discovery vs standalone supplier search tools: which should I use?

If your suppliers are mostly already on Coupa and you buy from them repeatedly, discovery inside the suite keeps everything in one place. A standalone tool suits new categories, dual sourcing and hard-to-fill needs where the right supplier is not yet in your network. Many enterprise teams use both, with the standalone tool feeding vetted suppliers into the suite. See what independent means.

Speya vs Thomasnet: which is better for finding suppliers?

They suit different jobs. Thomasnet is a North American industrial directory where buyers search, including by free text since January 2026, and then vet suppliers themselves. With Speya you describe the need in plain language; AI agents search millions of supplier profiles across 250+ data sources and return AI-vetted shortlists with sources beside every name. See Speya vs Thomasnet.

Authority

Why you can trust this.

This comparison comes from the team that builds Speya, used for supplier discovery by IKEA, Roche, Clas Ohlson, Rusta, Ahlsell and STARK Group, plus PwC and Deloitte. We state where we fit and where we do not.

Enterprise procurement

IKEA, Roche, Clas Ohlson, Rusta, Ahlsell and STARK Group source with Speya.

Global consultancies

PwC and Deloitte run client sourcing on the platform.

Independently audited

ISO 27001 and SOC 2 Type II, third-party audited.

EU by default

Hosted in the EU. Supplier data never leaves EU borders.

S

Speya

The Speya team, building AI supplier discovery for enterprise procurement, covering sourcing, supplier data, risk and compliance.

Last updated

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