Press Release | Find My Factory is now Speya™

Press Release | Find My Factory is now Speya™

Veridion

Speya vs Veridion

Veridion is a continuously updated company data layer, built to answer who a business is and whether its record is accurate. Speya is a sourcing engine, built to find and AI-vet suppliers for a specific need and return a defensible shortlist. Here is how they differ.

By the Speya team

·

Updated

Side by side

How Speya compares.

Capability

Speya

Veridion

Supplier discovery

Describe it in plain language

Data lookup, not sourcing

Vetting

Every supplier AI-vetted

Attribute validation, not sourcing vetting

Coverage

Millions of suppliers, global

Global, data-as-a-service

Speed to shortlist

Minutes

Depends on the buyer's own workflow

Autonomy

Runs the whole case with Speya Auto

None, a data feed

Built for

Enterprise procurement

Teams building their own supplier data layer

Background

The platform, in brief.

Veridion is a data-as-a-service company that maintains a continuously updated dataset of millions of companies worldwide. It uses AI to extract and validate firmographic, product, and compliance attributes from company websites, registries, and other public sources, delivered through APIs into a buyer's own systems.

The gap

Where it falls short for modern procurement.

Veridion is a company data layer. It answers what a business is and how trustworthy its record looks, and teams pull that data into their own procurement or supplier systems. It does not take a plain-language sourcing need, run a search across the supplier universe for it, or independently rank candidates into a shortlist; that sourcing and vetting work still sits with the buyer.

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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