Press Release | Find My Factory is now Speya™

Press Release | Find My Factory is now Speya™

ChatGPT

Speya vs ChatGPT for supplier sourcing

ChatGPT is a general AI assistant. Speya is a sourcing engine connected to real supplier data, with vetting and sources on every answer.

By the Speya team

·

Updated

Side by side

How Speya compares.

Capability

Speya

ChatGPT

Supplier discovery

Describe it in plain language

Guesses from training data

Vetting

Every supplier AI-vetted

None, unverified

Coverage

Millions of suppliers, global

No live supplier data

Speed to shortlist

Minutes

Instant but unreliable

Autonomy

Runs the whole case with Speya Auto

None

Built for

Enterprise procurement

General questions

Background

The platform, in brief.

ChatGPT is a general-purpose AI assistant that can answer questions and suggest supplier names from its training data. Many procurement people now try it as a first step when they need ideas quickly.

The gap

Where it falls short for modern procurement.

ChatGPT is. It can suggest names, but it can also invent them, it cannot verify certifications or check who is real, and it gives no sources you can defend. For sourcing decisions that have to hold up, guesses are.

Authority

Why you can trust this comparison.

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. We cover sourcing, supplier data, risk and compliance.

Last updated

The difference

Why teams choose Speya.

Speya is built for how procurement works now. You describe the need, Speya discovers and AI-vets suppliers across millions worldwide, ranks them into tiers, and can run the whole case on its own. You get a defensible shortlist in minutes, with the evidence beside every name.

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