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Average Ratings 0 Ratings

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ease
features
design
support

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Write a Review

Description

Experience effortless sourcing with no need for logins or apps, as our one-click events seamlessly land in your suppliers' inboxes, enriched with real-time predictive insights. Our adaptable data framework caters to all categories of expenditure, allowing you to source anything you could manage in Excel with ease using Arkestro. With predictive anomaly detection, potential mistakes are identified and corrected before they impact procurement processes. The role-based access feature streamlines project management for sourcing events, ensuring all stakeholders receive timely updates. Arkestro enhances sourcing cycles by learning from supplier behavior, which helps to reduce the time required for these processes. A straightforward email-based workflow offers a range of award scenarios tailored to your sourcing events, regardless of their size or complexity. Supplier quotes often contain errors stemming from manual data entry and copy-pasting, which can complicate the sourcing process. Monitoring the progress of sourcing activities typically involves numerous pivot tables, making the task cumbersome. Additionally, new sourcing cycles often fail to incorporate insights from supplier quotes submitted in prior cycles. To aid in this, our pricing simulator provides immediate recommendations for suppliers to adjust and resubmit their proposals, making the process even more efficient. Ultimately, Arkestro transforms the sourcing landscape by minimizing errors and maximizing efficiency through intelligent data utilization.

Description

Empower your institution to source with both speed and strategic insight through a unified cloud-based platform designed to enhance decision-making across various stakeholders. This solution enables the seamless launch and management of sourcing events, fosters greater supplier involvement and collaboration, and ultimately supports the overarching goals and vision of your organization. With ESM Source, you can streamline the process of initiating, publishing, and assessing even the most intricate sourcing events all from one centralized interface, complete with workflows that aid your teams in arriving at informed decisions more swiftly. Additionally, you can establish virtual libraries and utilize customizable templates that are easy to copy, modify, and reuse for various event types. By aligning bids with your specific sourcing strategy through weighted criteria, you can ensure that what matters most is prioritized. Furthermore, you can disseminate your event across multiple platforms or directly invite preferred vendors, thereby enhancing visibility and participation. This comprehensive approach not only optimizes sourcing efforts but also strengthens your institution's overall effectiveness in achieving its objectives.

API Access

Has API No 

API Access

Has API No 

Screenshots View All

Screenshots View All

Integrations

Ariba Network Yes 
Coupa Yes 
GEP Quantum Intelligence Yes 
JAGGAER One Yes 
Microsoft Excel Yes 
Zycus Procure-to-Pay Yes 

Integrations

Ariba Network No 
Coupa No 
GEP Quantum Intelligence No 
JAGGAER One No 
Microsoft Excel No 
Zycus Procure-to-Pay No 

Pricing Details

No price information available.
Free Trial No 
Free Version No 

Pricing Details

No price information available.
Free Trial Yes 
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 Yes 
Live Rep (24/7) No 
Online Support Yes 

Types of Training

Training Docs Yes 
Webinars Yes 
Live Training (Online) Yes 
In Person Yes 

Types of Training

Training Docs Yes 
Webinars Yes 
Live Training (Online) Yes 
In Person Yes 

Vendor Details

Company Name

Arkestro

Founded

2016

Country

United States

Website

arkestro.com

Vendor Details

Company Name

ESM Solutions

Founded

1998

Country

United States

Website

esmsolutions.com/sourcing/

Product Features

Procurement

Asset Management No 
Auction Management No 
Bid Management No 
Budget Management Yes 
Catalog Management No 
Contract Management Yes 
Inventory Management No 
Invoice Processing No 
PunchOut No 
Purchase Order Management No 
Receiving No 
Requisitions & Approvals No 
Sourcing Management No 
Spend Management Yes 
Supplier Management Yes 

Sourcing

Auction Management No 
Budget Management Yes 
Collaboration No 
Global Sourcing Management No 
Rfx Management Yes 
Spend Management Yes 
Supplier Management Yes 
Supplier Qualification Yes 
Supplier Risk Management No 
Supplier Web Portal Yes 
Template Management Yes 

Product Features

Sourcing

Auction Management No 
Budget Management No 
Collaboration Yes 
Global Sourcing Management Yes 
Rfx Management Yes 
Spend Management Yes 
Supplier Management Yes 
Supplier Qualification Yes 
Supplier Risk Management Yes 
Supplier Web Portal Yes 
Template Management Yes 

Alternatives

Alternatives