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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.
Description
Managing vendors and procuring various products can be quite complex, but with Expent, your teams can handle everything seamlessly. Expent simplifies both the vendor selection and onboarding processes, ensuring that the entire lifecycle of your vendors is effectively managed, from initial sourcing to contract renewals. With tools designed to support your vendor selection efforts, Expent offers the flexibility to conduct RFx or Proof of Concepts (PoC), making the evaluation of vendors straightforward. Utilizing expert-developed templates that reflect assessments from similar companies, it empowers you to make informed decisions effortlessly. Moreover, Expent allows for the centralization of vendor and purchase request initiation, enabling your teams to track unmanaged spending and facilitate purchase approvals efficiently. By integrating procurement workflows that engage the appropriate stakeholders—including security, IT, legal, finance, and procurement—Expent ensures a cohesive approach to vendor management. Often, procurement teams find it challenging to enforce spending controls and manage a multitude of requests effectively, especially when they are brought into the process too late, which hampers their strategic potential. With Expent, streamline your procurement processes and enhance strategic collaboration to drive better outcomes for your organization.
API Access
Has API
API Access
Has API
Integrations
Workday Extend
Pricing Details
No price information available.
Free Trial
Free Version
Pricing Details
No price information available.
Free Trial
Free Version
Deployment
Web-Based
On-Premises
iPhone App
iPad App
Android App
Windows
Mac
Linux
Chromebook
Deployment
Web-Based
On-Premises
iPhone App
iPad App
Android App
Windows
Mac
Linux
Chromebook
Customer Support
Business Hours
Live Rep (24/7)
Online Support
Customer Support
Business Hours
Live Rep (24/7)
Online Support
Types of Training
Training Docs
Webinars
Live Training (Online)
In Person
Types of Training
Training Docs
Webinars
Live Training (Online)
In Person
Vendor Details
Company Name
ESM Solutions
Founded
1998
Country
United States
Website
esmsolutions.com/sourcing/
Vendor Details
Company Name
Expent
Country
United States
Website
www.expent.ai/
Product Features
Sourcing
Auction Management
Budget Management
Collaboration
Global Sourcing Management
Rfx Management
Spend Management
Supplier Management
Supplier Qualification
Supplier Risk Management
Supplier Web Portal
Template Management
Product Features
Procurement
Asset Management
Auction Management
Bid Management
Budget Management
Catalog Management
Contract Management
Inventory Management
Invoice Processing
PunchOut
Purchase Order Management
Receiving
Requisitions & Approvals
Sourcing Management
Spend Management
Supplier Management
Sourcing
Auction Management
Budget Management
Collaboration
Global Sourcing Management
Rfx Management
Spend Management
Supplier Management
Supplier Qualification
Supplier Risk Management
Supplier Web Portal
Template Management
Vendor Management
Audit Management
Contact Management
Customer Database
Self Service Portal
Supplier Master Data
Transaction History
Vendor Maintained Profiles
Vendor Managed Inventory
Vendor Performance Rating
Vendor Qualification Tracking