Home > Procurement Software > What’s The Price
What’s The Price (WTP) is a procurement intelligence tool that provides real-time cost breakdowns for 3,000+ raw materials and 365+ industries across 160+ countries. Using big data, it enables rapid product cost analysis and should-costing, helping procurement specialists make data-driven decisions and optimize negotiations.
The Smyte Score is a weighted average from leading review sites across the web.
Fact-Based Negotiations:
Users appreciate WTP’s ability to facilitate data-driven discussions with suppliers, enhancing negotiation effectiveness. ​
Comprehensive Data Access:
The platform provides extensive data on raw materials and cost structures, aiding users in understanding pricing intricacies. ​
Effective Implementation and Support:
Users commend the smooth onboarding process and the company’s flexibility in adding new raw materials, reflecting strong customer support. ​
Requirement for Basic Knowledge:
Some users note that a foundational understanding of data collection is necessary to maximize the platform’s benefits. ​
User Interface Improvements:
Feedback indicates that certain aspects of the platform could be more user-friendly, suggesting room for UI enhancements. ​
Resource-Intensive Operations:
Complex designs within the platform may require substantial computing resources, potentially necessitating high-end hardware.
** Smyte uses AI to analyze online reviews, extracting key pros and cons by identifying patterns and summarizing customer feedback into actionable insights.