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Olive Unclaimed

Procurement

olive.app

Victoria, British Columbia, Canada

AI-powered platform that accelerates technology vendor evaluation and selection through collaborative requirements management and data-driven decisions.

Olive is an AI-powered platform that accelerates technology vendor evaluation and selection. It serves IT sourcing teams, procurement professionals, CIOs, consultants and other decision-makers by unifying requirements management, collaboration, and vendor intelligence in a single workspace. Olive aims to deliver unbiased, data-driven decision making across RFPs and vendor evaluations, helping organizations discover needs, gather and prioritize requirements, compare vendors, and shorten procurement cycles through structured processes and shared insights.

To enable faster, more reliable IT sourcing by providing a collaborative, data-driven platform that helps teams define needs, evaluate vendors fairly, and reach consensus without bias.

What we offer

The AI-Native RFP

Accelerate vendor evaluation and decision-making with AI-native insights and collaboration.

olive.app/rfps/

Consultancy Advisory Platform

Accelerate consultancy services by unifying evaluation processes and leveraging AI-driven insights.

olive.app/platform/scale-your-consulting-service-olive-ai/

Enterprise Vendor Intelligence

Streamline vendor selection and decision-making with data-driven insights and automated evaluations.

olive.app/vendor-intelligence/

RFP Tool

Streamline your RFP process and enhance collaboration and decision-making.

olive.app/rfp-tool/

RFP Creation

Streamlines RFP processes with AI-driven features for quicker, informed vendor selections.

olive.app/oliveai/

Vendor Selection Software Powered By AI

Accelerates vendor selection with AI, enhancing collaboration and decision-making efficiency.

olive.app/vendor-selection-software-powered-by-ai/

Vendor Selection Software for Digital Transformation

Streamline your vendor selection process to enhance digital transformation efforts.

olive.app/vendor-selection-software-for-digital-transformation/

Vendor Research

Streamline vendor evaluations and decision-making with AI-driven insights.

olive.app/vendor-research/

Vendor Discovery

Streamline vendor discovery to enhance sourcing speed and efficiency.

olive.app/vendor-discovery/

Software Sourcing Platform

Streamline the software sourcing process with AI-driven collaboration and vendor evaluation.

olive.app/software-sourcing/

Market segments

Market size by segment

Growth potential (CAGR)

IT vendor selection and procurement advisory

2.5 Billion USD9% CAGR

End-to-end vendor evaluation and procurement support including AI-verified shortlists, feature-by-feature comparisons, and rapid vendor recommendations to accelerate technology selection.

RFP and sourcing management

5.5 Billion USD13.5% CAGR

Capabilities to create and manage RFPs, request and compare quotes, track responses, and evaluate vendor proposals for procurement and vendor selection.

Vendor evaluation and procurement intelligence

7 Billion USD12% CAGR

Comparative vendor assessments, buyer guidance, peer reviews and procurement-focused analyses to inform vendor selection, negotiation and purchase confidence.

Procurement governance and supplier collaboration

2 Billion USD8.5% CAGR

Capabilities that provide governance, visibility, standardized catalogs, and in‑app supplier collaboration to enforce policies, approvals, and cross‑organizational procurement controls.

More information about our offering

The AI-Native RFP

Olive's core AI-native platform for technology vendor evaluation, The AI-Native RFP, unites requirements management, collaboration, and vendor intelligence in one workspace. It guides teams from discovery to decision, enabling smart discovery, structured requirements, scored evaluation, and defensible recommendations. The platform also provides integrated vendor research and real-time comparisons to ensure objective vendor selection.

  • Enhance Vendor Fit Assessment
    Utilize AI to automatically evaluate vendor responses against your specific requirements, ensuring only the best-fit vendors are shortlisted.
  • Streamline Collaboration Across Teams
    Facilitate improved collaboration among stakeholders by integrating all vendor evaluations and requirements management in one cohesive platform.
  • Speed Up Evaluation Process
    Leverage pre-built templates for quicker requirements gathering and streamlined vendor discovery, allowing your team to focus on key decisions.
  • Achieve Informed Decision Making
    Use real-time scoring to compare vendors against your priorities, ensuring decisions are backed by clear, data-driven insights.
  • Automate Response Generation
    Reduce manual data entry with AI that automatically populates responses, enhancing speed and accuracy in the RFP process.
  • Enhance Stakeholder Engagement
    Utilize customized surveys to gather input and insights from all stakeholders, ensuring every voice is heard in the evaluation process.

Consultancy Advisory Platform

Scale consulting services with Olive's Consultancy Advisory Platform. It enables discovery, requirements gathering, vendor research, and reporting driven by OliveAI and your data. It offers requirement libraries and internal surveys to capture needs, facilitates cross-functional collaboration, and guides stakeholders through the evaluation process to a faster shortlist with data-driven comparisons and automated due diligence.

  • Accelerate Shortlisting Process
    Streamline the evaluation process, reducing time-to-decision while ensuring thorough analysis.
  • Leverage Real-Time Data Insights
    Make informed decisions based on continuously updated vendor performance data and trends.
  • Mitigate Risks In Evaluations
    Employ advanced analytics to inform vendor decisions, helping avoid costly missteps.
  • Unify Teams Across Functions
    Engage diverse teams in evaluations to ensure all stakeholder perspectives are considered, enhancing decision quality.
  • Capture Stakeholder Insights Efficiently
    Leverage structured libraries and surveys to gather comprehensive requirements quickly, aligning project goals.

Enterprise Vendor Intelligence

Vendor intelligence platform for enterprises that supports data-driven vendor comparisons, automated due diligence, and cross-functional collaboration to de-risk technology decisions. It integrates vendor research and discovery within a single workspace to accelerate sourcing outcomes.

  • Make Informed Decisions
    Utilizing a data-centric approach, this feature ensures that comparisons between vendors reflect actual requirements and performance, leading to informed and confident decision-making.
  • Streamline Evaluation Processes
    This feature allows organizations to automate routine due diligence tasks, significantly reducing the time and resources required for vendor evaluations while ensuring comprehensive reviews.
  • Enhance Team Alignment
    By enabling seamless interactions between various stakeholders, this feature fosters alignment on needs and priorities throughout the vendor evaluation process.
  • Centralize Vendor Insights
    This functionality brings all vendor research processes into a single workspace, simplifying user experience and enhancing focus on evaluating the right solutions effectively.
  • Adapt Quickly to Changes
    This flexibility allows organizations to update their evaluations in real-time, accommodating shifts in project scope or newly discovered insights without disruption.

RFP Tool

RFP Tool provides end-to-end RFP management with in-app vendor collaboration, scoring, and audit trail to support transparent decisions.

  • Manage RFPs Efficiently
    Facilitate a seamless RFP process from requirements gathering through to vendor selection.
  • Ensure Accountability
    Track evaluation metrics and maintain transparency throughout the vendor selection process.
  • Collaborate Seamlessly
    Engage vendors directly in a collaborative workspace, facilitating real-time feedback and discussions.
  • Engage Vendors Early
    Encourage early vendor involvement for better alignment with project needs.
  • Leverage AI for Better Decisions
    Use AI insights to identify the best-fit vendors quickly based on your specific requirements.
  • Kickstart RFP Projects Easily
    Utilize tailored templates that streamline the RFP creation process, saving time and effort.

RFP Creation

RFP Creation simplifies the process with guided setup, AI vendor recommendations, automatic RFP generation, and a Magic Fill feature for quick analysis, enhancing decision-making and efficiency.

  • Automates Document Creation
    Eliminates manual document preparation, allowing teams to focus on strategy rather than paperwork.
  • Suggests Best Fit Vendors
    Quickly identifies potential vendors that align with your project's requirements, saving time in the selection process.
  • Quick Response Analysis
    Saves time by quickly processing vendor inputs to assist in making informed decisions swiftly.
  • Streamlines Initial Setup
    Ensures that all essential aspects are captured early in the process, facilitating faster vendor engagement.
  • Facilitates Informed Choices
    Allows decision-makers to assess vendor offerings efficiently, highlighting strengths and weaknesses.

Vendor Selection Software Powered By AI

AI-powered vendor selection software designed to accelerate decisions and improve collaboration, delivering measurable efficiency gains in the procurement process.

  • Leverage AI Insights
    Automatically generates insights from vast data pools, helping in making informed vendor evaluations swiftly.
  • Make Decisions 3x Quicker
    Users can quickly evaluate and implement vendor options through enhanced collaboration across departments.
  • Achieve Consensus 4x Faster
    Helps teams reach agreement on project requirements in a fraction of the time compared to traditional methods.
  • Streamline Team Collaboration
    Removes communication barriers, allowing all stakeholders to provide input and feedback effectively within a single platform.
  • Double BA Productivity
    Enables business analysts to gather and prioritize requirements with less time spent on manual tasks.

Vendor Selection Software for Digital Transformation

AI-driven vendor selection software for digital transformation initiatives, designed to align with business needs, reduce third-party resource usage, and accelerate buy decisions.

  • Accelerate Decision-Making
    Reduce sourcing timelines significantly through enhanced collaboration and streamlined processes.
  • Maximize BA Effectiveness
    Enhance efficiency in gathering, managing, and validating requirements, allowing analysts to focus on strategic tasks.
  • Streamline Requirements Alignment
    Facilitate quicker agreement on project needs among stakeholders, leading to faster sourcing cycles.
  • Engage All Relevant Stakeholders
    Gather input from all relevant parties to make informed, consensus-driven vendor decisions.
  • Cut Vendor Evaluation Costs
    Lower procurement costs by utilizing Olive's efficient internal processes instead of external resources.

Vendor Research

Vendor research component with AI-powered pattern matching, gap analysis, and scoring to surface insights and compare vendors against requirements.

  • Score Vendors Accurately
    Utilize AI to assign precise scores to vendors based on their fit against your specific needs, ensuring informed decision-making.
  • Identify Fit Gaps
    Use advanced AI to reveal alignment issues between vendor offerings and your requirements, allowing for strategic adjustments.
  • Access Extensive Vendor Data
    Tap into a wide range of real evaluation data to make comparisons and selections based on solid evidence from similar engagements.
  • Gain Valuable Market Insights
    Access actionable intelligence derived from industry trends and user feedback, enhancing the overall evaluation process.

Vendor Discovery

Vendor discovery module to locate vendors and map them to requirements, integrated with vendor research for evaluation-ready data.

  • Enable Fast Comparisons
    Access comprehensive vendor profiles that facilitate immediate and informed comparisons during the selection process.
  • Identify the Right Vendors
    Seamlessly locate vendors that meet specific project requirements, enhancing the sourcing process and aligning offerings to needs.
  • Access Tailored Insights
    Leverage integrated research to enhance the depth and relevance of vendor evaluations, ensuring decisions are data-driven.
  • Automate Research Tasks
    Save time by using AI to generate vendor insights, thus accelerating decision-making without compromising on detail.
  • Start Projects for Free
    Allows users to begin their vendor evaluation efforts without any financial commitment, making it easy to explore options.

Software Sourcing Platform

Software Sourcing Platform enables end-to-end software sourcing across vendors, with RFP templates, AI guidance, and collaborative decision-making to support digital transformation.

  • Enhance Collaboration Across Teams
    Engage stakeholders to ensure all voices are heard in the decision-making process, reducing biases and improving outcomes.
  • Optimize Software Selection Process
    Manage the complete lifecycle of software sourcing from initial discovery to final selection, improving efficiency and effectiveness.
  • Simplify RFP Creation
    Utilize structured templates and AI assistance to streamline the RFP procedures, making them faster and more accurate.
  • Make Informed Vendor Choices
    Leverage comparative analytics to objectively evaluate vendors, enhancing the quality of selections.
  • Develop Financial Insights
    Gather cost estimations and manage financial resources allocated for software procurement, ensuring better budget adherence.
  • Incorporate Stakeholder Insights
    Ensure that input from all relevant parties is documented and used for decision-making, leading to enhanced user satisfaction.

References

Methodology and sourcing behind the figures shown above.

IT vendor selection and procurement advisory

Estimated by triangulating adjacent market sizes and growth rates in the provided search results. Procurement software market estimates (USD 8.6–9.5B, ~10% CAGR) establish the broader digital procurement spend pool; B2B services review/platforms (USD 0.394B, 5.7% CAGR) represent the niche vendor-discovery/review layer. Large, industry-specific vendor-selection benchmarks (RAN vendor selection ~USD 37.5B, lower single-digit CAGR) show specialized vendor-selection spend can be materially larger in specific verticals. Combining these signals and treating IT vendor selection & procurement advisory as a focused subset of procurement software, advisory/implementation services, and B2B review platforms yields an estimated market size of ~USD 2.5B and a growth potential around a mid-to-high single-digit CAGR (~9%) driven by AI-enabled vendor shortlisting and increasing digital procurement adoption.

RFP and sourcing management

Estimated global RFP & sourcing management market (~$5.5B, 2026) by combining: (1) a focused RFP response automation AI market ($0.9B→$1.1B in 2024–25; $2.43B by 2029) and (2) the larger procurement/supply-chain software opportunity (U.S. SCM software ~USD 7.6B in 2026). Assumed procurement/sourcing represents a meaningful subset of SCM software; applied a global scaling factor and included AI-driven RFP automation as a growth premium to derive a midpoint market size. CAGR (~13.5%) reflects a rate higher than broad SCM software (≈6.7%) due to rapid AI adoption evident in RFP automation forecasts (≈21–22% CAGR), producing a blended, realistic growth expectation for the RFP & sourcing management segment.

Vendor evaluation and procurement intelligence

Estimate based on published figures for adjacent markets in the search results (procurement analytics, procurement software, vendor management systems and AI procurement agents). Procurement-analytics and procurement-software sources report 2025–2026 baselines between ~6.4–8.7 billion USD; vendor-management and AI-agent niches add adjacent addressable spend (~1.9–3.9 billion). Conservatively consolidating overlap and focusing on the vendor-evaluation/procurement-intelligence slice yields ~7.0 billion USD (baseline ~2025–2026). Reported CAGRs vary (6.5%–22.4%); accounting for continued AI/analytics adoption and vendor-evaluation demand, a midpoint growth potential of ~12% CAGR is estimated.

Procurement governance and supplier collaboration

Estimated by treating procurement governance and supplier collaboration as a subsegment of the broader procurement software market (supplier management/collaboration modules ~20% of procurement software revenue). PrecedenceResearch reports global procurement software ~USD 9.8B in 2026; applying a ~20% share yields ~USD 2.0B. Growth rate taken between reported supplier-collaboration CAGR (7.7%) and procurement-software CAGR (9.83%), giving an 8.5% mid-point reflecting steady adoption of cloud, AI, and supplier-collaboration tools.

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