Unbiased category intelligence made for Procurement
Spot opportunities, mitigate risks and know your leverage across your sourcing landscape.
25,251 procurement professionals trust ProcurementIQ and IBISWorld as their source of market intelligence
110 expert, in-house analysts produce unbiased, human-verified data and analysis for you
3x more industries coveredthan other industry research providers
Level the playing field
At IBISWorld, we believe in the power of unlocking answers to complex questions. With reliable industry data, performance benchmarks and unbiased market forecasts on thousands of industries, you can strengthen audit processes, support valuations and deliver more strategic, forward-looking advisory.
Trusted by
Every role, every goal
When we say comprehensive coverage, we mean it—from categories, to suppliers and more.
Category Management
Juggling dozens of spend areas is hard when sourcing decisions rely on scattered or inconsistent information. Category-level insights into pricing, negotiation levers and supplier risk help you find opportunities, reduce fragmentation and drive portfolio-wide strategy.
- Benchmark your client’s financials against industry averages to validate assumptions and uncover anomalies
- Identify potential risks faster by analyzing trends, red flags and outliers through independent, industry-level comparisons
- Understand recent industry performance and future outlooks to assess business viability and strengthen audit findings
Supplier Evaluation
Not all suppliers carry the same risk—but without objective data, it’s hard to compare. Category benchmarks and supplier market structure help you evaluate performance and reduce exposure to unreliable partners.
- Benchmark supplier pricing, cost structures and service expectations across the market
- Support supplier selection decisions with objective data to justify to internal stakeholders
- Identify preferred suppliers based on negotiation leverage and buyer power dynamics
Price & Cost Analysis
Challenged to cut costs but not sure what’s driving supplier prices? Cost driver breakdowns, pricing forecasts and market context help you spot cost-saving opportunities and avoid overspending.
- Understand your total cost of ownership by analyzing regional wage rates, upstream cost drivers and supplier pricing models
- Track short- and long-term price trends to know your suppliers' cost structure for transparent pricing and negotiations
- Use market pricing insights to inform timing, contract structure and negotiation strategy
Products for smarter purchases
Procurement Reports
Prioritize sourcing opportunities and manage risk proactively across 1,000+ categories.
- Accelerate your speed to market with unbiased research you can trust
- Spot and mitigate risk by uncovering upstream effects and recent developments driving costs
- Know your buying leverage before negotiating with suppliers
SupplierIQ
Select a supplier faster and pinpoint their financials, risk and supply chain environment.
- Review private and public companies’ financials to make educated choices
- Benchmark suppliers against their competitors
- Drive efficiency and mitigate risk by consolidating products and services across suppliers
Price Index Profiles
Analyze monthly and annual changes in producer prices across 1,500+ products and services.
- Strengthen cost modeling by incorporating near-real-time input cost trends
- Monitor volatility in raw material or service pricing
- Use historical and recent pricing data to support contract negotiations
Make your tools even smarter
Stop switching between tabs. Bring IBISWorld’s data into your workflow.
Claude
Back every Claude answer with human-verified data and analyst insights.
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ChatGPT
Eliminate research hallucinations. Ground ChatGPT in IBISWorld’s trusted intelligence.
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Microsoft Copilot
Get trusted industry answers in Copilot across every Microsoft 365 tool.
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Perplexity
Research smarter with IBISWorld’s market intelligence database built into Perplexity.
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nCino integration
Proactively monitor commercial and small business loans across the credit lifecycle.
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Snowflake integration
Bring our structured data into your data ecosystem via the Snowflake Marketplace.
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RelPro integration
Improve targeting and make faster connections for small business and middle market lending.
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Fuel your internal tools, dashboards and pipelines with human-verified data.
View integrationMCP
Connect IBISWorld's database to select AI platforms for verified industry intelligence inside your workflows.
View integrationGet industry intelligence wherever you work
“The useful content and complex research that ProcurementIQ provides in their reports have proven them to be a valuable and reliable research tool.”
“ProcurementIQ helps us understand everything about a category, from a general overview to an understanding of subtle details that will influence costs. In addition, the procurement reports are a great resource for helping us educate our members on potential suppliers in a category that they may not have exposure to.”