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Average Ratings 0 Ratings

Total
ease
features
design
support

No User Reviews. Be the first to provide a review:

Write a Review

Description

The ideal procurement software should be adaptable, easy to use, affordable, secure enough for enterprise needs, and capable of being implemented within a week to enhance your procurement processes. By consolidating all expenditures, you can unlock greater savings and achieve complete visibility into your spending with comprehensive audit trails. This tool will help you eliminate time-consuming manual follow-ups by automating procurement activities, positioning you as a preferred customer for your suppliers. Furthermore, it enables you to centralize all requests, shifting sourcing activities away from cluttered email inboxes to improve request management and generate organized data through eSourcing. You can compare supplier bids and responses side-by-side and build RFPs, RFQs, and RFIs in just minutes with a user-friendly sourcing tool. With access to over 45 distinct bidding algorithms, you can realize unprecedented cost savings and discover pricing like never before. Additionally, by offering a supplier portal for managing communications, transactions, and resolving issues, you can save countless hours and streamline your procurement efforts even further. Embracing this software will not only enhance efficiency but also strengthen relationships with suppliers, ultimately leading to better business outcomes.

Description

Sourcing Acumen is a cutting-edge eSourcing platform specifically designed to facilitate RFPs and eAuctions efficiently, with an emphasis on insight and strategic influence. Drawing from the experience of managing over 10,000 sourcing events, our platform seamlessly integrates user-friendly features with robust, built-in bid analysis, all structured within a consulting-oriented framework that promotes data-driven sourcing choices. We offer comprehensive capabilities that include highly adaptable bid sheets, ready-to-use bid analysis tools, dynamic award scenarios, supplier feedback mechanisms, RFI evaluations complete with weights and scores, and e-Auctions. Procurement teams are able to consistently realize additional savings while decreasing sourcing efforts by as much as 70%. Our AI-driven agent, AURA, enhances the speed of decision-making by providing immediate, evidence-based insights. Sourcing Acumen has gained the trust of global corporations and top-tier consultancies, revolutionizing the sourcing process and optimizing operational efficiency. With an unwavering commitment to innovation, our platform continuously evolves to meet the changing needs of procurement professionals worldwide.

API Access

Has API

API Access

Has API

Screenshots View All

Screenshots View All

Integrations

WhatsApp

Integrations

WhatsApp

Pricing Details

No price information available.
Free Trial
Free Version

Pricing Details

$1
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

Procol

Country

India

Website

www.procol.io

Vendor Details

Company Name

Sourcing Acumen

Founded

2024

Country

United States

Website

sourcingacumen.com

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

RFI

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

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

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