FlipThrough Named Finalist in Global BT Sourced Showdown Procurement Competition

FlipThrough Named Finalist in Global BT Sourced Showdown Procurement Competition

‍Byline note: FlipThrough.ai

Estimated reading time: 6 minutes

We have exciting news to share. FlipThrough has been named a BT Sourced Showdown finalist, earning our place among the top procurement technology innovators competing on a global stage. Out of more than 35 procuretech companies from around the world, we secured a spot in the finals held at BT Sourced headquarters in Dublin, Ireland.

This recognition validates our mission to transform how organizations manage vendor agreements and procurement documents. It also puts us in elite company alongside other AI-driven startups reshaping the future of procurement.

What Is the BT Sourced Showdown?

The BT Sourced Showdown is a global procurement technology competition launched by BT Sourced in partnership with Kearney. The competition celebrates AI-powered innovation that addresses real procurement challenges.

BT Sourced manages approximately €14.8 billion in procurement spend for BT Group, one of the world's leading communications companies. The organization established the Showdown to discover and support startups using artificial intelligence to drive efficiency, transparency, and smarter decision-making in procurement operations.

The competition is open to startups founded from 2020 onwards, divided into two categories: early-stage companies with up to $1 million in annual recurring revenue and growth-stage companies generating between $2 million and $5 million in annual revenue.

Why This Competition Matters for Procurement

The Showdown represents more than just another startup competition. It highlights the urgent need for procurement innovation in an industry that has traditionally relied on manual processes and fragmented systems.

According to Cyril Pourrat, Founder and CEO of BT Sourced, "AI is transforming procurement at an unprecedented pace, driving efficiency, transparency and smarter decision making." The competition aims to identify solutions that can deliver measurable impact at enterprise scale.

BT Sourced seeks technologies that offer:

  1. Automation of repetitive tasks that free procurement teams for strategic work
  2. Data-driven insights that improve sourcing decisions and supplier relationships
  3. Supply chain efficiency through better visibility and faster processes
  4. Scalability across large, complex procurement operations

In some cases, tools introduced by BT Sourced have cut ordering times from weeks to just minutes. This demonstrates the transformative potential of well-designed procurement technology.

What Finalists Gain from the Showdown

Being selected as a BT Sourced Showdown finalist opens doors that most early-stage startups can only dream about.

Access to Expertise

Finalists benefit from access to BT Sourced's team of procurement and technology experts, plus dedicated support from Dr. Elouise Epstein from Kearney, an authority in the field. This mentorship helps refine product strategies and market positioning.

Pilot Project Opportunities

Winning startups have the opportunity to deploy their technology in a real-world BT Sourced environment, demonstrating impact on a major scale and opening doors for broader adoption.

Global Visibility

The competition provides unparalleled visibility, connecting participating companies with potential investors, partners and customers from around the world.

For FlipThrough, competing in Dublin meant presenting our vendor agreement management platform to procurement leaders who understand the daily challenges of contract chaos, compliance risks, and vendor relationship management.

How FlipThrough Fits the Procurement Innovation Puzzle

Our journey to becoming a finalist reflects years of focused development on a specific pain point: vendor agreement management.

Most procurement teams struggle with scattered contracts, unclear obligations, and compliance risks buried in PDF documents. They waste hours searching for vendor terms, answering questions about agreements, and trying to extract insights from unstructured documents.

FlipThrough uses AI to transform vendor agreements into structured, searchable, and actionable data. Our platform allows procurement teams to:

  • Upload vendor contracts and have AI extract key terms instantly
  • Search across all agreements in natural language
  • Get answers to compliance questions in seconds
  • Track obligations and renewal dates automatically
  • Generate reports on vendor commitments and risks

This addresses exactly what BT Sourced looks for: automation that saves time, insights that improve decisions, and technology that scales across complex procurement operations.

What This Means for Our Customers

Our recognition as a BT Sourced Showdown finalist validates the approach we have taken with vendor agreement management. It confirms that leading procurement organizations see the value in AI-powered contract intelligence.

For current and future FlipThrough customers, this milestone means:

Proven Technology: Our platform has been evaluated by procurement experts managing billions in spend. We meet the standards required for enterprise adoption.

Continued Innovation: The feedback and connections from the Showdown will help us build features that address real procurement needs.

Industry Credibility: When you choose FlipThrough, you are working with a vendor recognized for innovation by one of the world's most advanced procurement organizations.

Network Effects: Being part of the BT Sourced ecosystem connects us with other leading procuretech companies and enterprise buyers.

Dublin and the Future of Procurement Technology

Presenting at BT Sourced headquarters in Dublin placed us at the center of procurement innovation. Dublin has established itself as a hub for many major technology businesses and startups, with BT Sourced specifically choosing the city for its vibrant tech ecosystem and global outlook.

The city brings together procurement leaders, technology developers, and investors focused on transforming how large organizations buy goods and services. This concentration of expertise drives faster innovation cycles and better solutions.

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