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Average Ratings 0 Ratings

Total
ease
features
design
support

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Write a Review

Description

Evaluator assists in making informed decisions by systematically comparing various alternatives against a unified set of criteria. For instance, when choosing a vendor's product or service, factors like features, pricing, and availability are taken into account. Each alternative receives a score based on these criteria, allowing for straightforward comparison among all options. The significance of each criterion can be adjusted through weighting, which modifies its effect on the total evaluation score. This tool also allows for collaborative input, where multiple individuals can contribute their scores, resulting in a consolidated scorecard that reflects the group's collective assessment. The outcomes of this evaluation can be displayed in different formats and compiled into a comprehensive report. Additionally, it is possible to establish a scorecard baseline at any time for auditing purposes. Users can create scorecard templates derived from pre-existing evaluation criteria, facilitating rapid development of new scorecards tailored for evaluating alternative options using the same benchmarks. Furthermore, it is essential to assign a weight to each criterion according to its importance in the decision-making process to ensure balanced evaluations.

Description

Stimulus leverages data and analytics to assist companies in making improved purchasing decisions that prioritize diversity, equity, and inclusion. The existing method for searching, selecting, and assessing suppliers is cumbersome and lacks efficiency. There is currently no standardized set of criteria or methodology for evaluating suppliers or identifying alternative options. Within the Stimulus ecosystem, businesses can discover qualified suppliers. By utilizing the Stimulus API, organizations can aggregate data from multiple sources, ensuring a unified source of truth. Additionally, it enables effective management of supplier relationships by monitoring expenditure, ongoing projects, and their status—whether considered, qualified, shortlisted, or awarded. With the capability to create projects tailored to specific goals and criteria, businesses can assess vendors' performance comprehensively throughout the entire process, enhancing decision-making and outcomes. Ultimately, this approach streamlines procurement and fosters a more inclusive supply chain.

API Access

Has API No 

API Access

Has API Yes 

Screenshots View All

Screenshots View All

Integrations

Mimasa AI Yes 

Integrations

Mimasa AI No 

Pricing Details

No price information available.
Free Trial No 
Free Version Yes 

Pricing Details

No price information available.
Free Trial No 
Free Version No 

Deployment

Web-Based Yes 
On-Premises No 
iPhone App No 
iPad App No 
Android App No 
Windows No 
Mac No 
Linux No 
Chromebook No 

Deployment

Web-Based Yes 
On-Premises No 
iPhone App No 
iPad App No 
Android App No 
Windows No 
Mac No 
Linux No 
Chromebook No 

Customer Support

Business Hours Yes 
Live Rep (24/7) No 
Online Support Yes 

Customer Support

Business Hours No 
Live Rep (24/7) No 
Online Support Yes 

Types of Training

Training Docs Yes 
Webinars No 
Live Training (Online) No 
In Person No 

Types of Training

Training Docs No 
Webinars No 
Live Training (Online) Yes 
In Person No 

Vendor Details

Company Name

Midrig

Country

United Kingdom

Website

midrig.com/evaluator/

Vendor Details

Company Name

Stimulus

Founded

2017

Country

United States

Website

getstimulus.io

Product Features

Decision Support

Application Development No 
Budgeting & Forecasting No 
Data Analysis Yes 
Decision Tree Analysis No 
Monte Carlo Simulation No 
Performance Metrics No 
Rules-Based Workflow No 
Sensitivity Analysis No 
Thematic Mapping No 
Version Control No 

Product Features

Purchasing

Catalog Management No 
Compliance Management No 
Contract Management No 
Inventory Management No 
Invoice Processing No 
PunchOut No 
Purchase Order Management No 
Requisitions & Approvals No 
Sourcing Management No 
Spend Management No 
Supplier Management No 

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