Regula: AI Purchasing Agent for Business Service Sourcing

Frequently Asked Questions about Regula

What is Regula?

Regula is an AI tool designed to help businesses find and compare vendors for various services. It automates the process of researching vendors, conducting qualification calls, and gathering quotes. Users start by describing their needs, and the AI sources over 20 vendors, making qualification calls and benchmarking quotes. After the data collection, Regula provides a comprehensive report with the top three vendor options, aiding decision-making. This system saves time by handling repetitive tasks and offers objective, data-driven recommendations. It covers multiple categories, including marketing, legal, HR, and more, improving efficiency and fairness in purchasing decisions.

Key Features:

• Autonomous Calls
• Data Standardization
• Quote Benchmarking
• Reference Checks
• Recommendation Reports
• Multi-Category Sourcing
• Evaluation Frameworks

Who should be using Regula?

AI Tools such as Regula is most suitable for Operations Managers, Business Leaders, Procurement Specialists, Entrepreneurs & Startup Founders.

What type of AI Tool Regula is categorised as?

Awesome AI Tools categorised Regula under:

• General AI Tools

How can Regula AI Tool help me?

This AI tool is mainly made to vendor sourcing and benchmarking. Also, Regula can handle identify vendors, conduct qualification calls, gather quotes, analyze data & generate reports for you.

What Regula can do for you:

• Identify vendors
• Conduct qualification calls
• Gather quotes
• Analyze data
• Generate reports

Common Use Cases for Regula

• Automate vendor research to save time
• Benchmark pricing for fair comparison
• Conduct qualification calls with vendors
• Generate vendor recommendation reports
• Standardize procurement evaluation

How to Use Regula

Tell Regula your business needs, specify your budget and criteria, and the AI sourcing system will identify vendors, contact them, collect quotes, and generate a recommendation report.

What Regula Replaces

Regula modernizes and automates traditional processes:

• Manual vendor research
• Phone-based vendor qualification calls
• Pricing comparison spreadsheets
• Vendor evaluation meetings
• Contract negotiations without benchmarking

Regula Pricing

Regula offers flexible pricing plans:

• First 50 Customers (Launch Price): $0

Additional FAQs

What types of services can Regula help with?

Regula can help with a wide range of services including marketing, software, legal, HR, and other business services.

How is Regula different from using a consultant?

Regula automates and standardizes the vendor sourcing process using AI, saving time and providing data-driven recommendations, unlike traditional consultants who may be more manual and subjective.

How does Regula handle complex requirements?

Regula allows users to define custom evaluation criteria, and its AI system sources and benchmarks vendors based on these specific needs.

What if I don't like Regula's recommendations?

You can review the detailed reports and benchmarks, and the system provides the top three vendor options to choose from, but you are not obligated to select any.

How long does the process take?

The typical turnaround is 3-5 days from defining your need to receiving the recommendation report.

Is my company information kept confidential?

Yes, Regula implements data security protocols and NDAs to protect your confidential business information.

Discover AI Tools by Tasks

Explore these AI capabilities that Regula excels at:

• vendor sourcing and benchmarking
• identify vendors
• conduct qualification calls
• gather quotes
• analyze data
• generate reports

Getting Started with Regula

Ready to try Regula? This AI tool is designed to help you vendor sourcing and benchmarking efficiently. Visit the official website to get started and explore all the features Regula has to offer.