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Description
Enhance collaboration with suppliers. The connection between buyers and suppliers has deteriorated significantly. Currently, every quote, purchase order, and invoice is sent through email repeatedly, requiring manual updates and constant follow-ups. Our cloud-based solution offers real-time visibility and accountability, bridging the gap between you and your suppliers. Additionally, it seamlessly integrates with your ERP system, ensuring that pricing, quantities, lead times, and delivery dates are precise. By implementing automated workflows and reliable data, you can mitigate risks effectively. SourceDay's platform revolutionizes the way buyers and suppliers interact, allowing for more efficient management of direct spending from quotes to purchase orders, invoices, and quality assurance. Say goodbye to spreadsheets, as manually handling RFQs increases the chances of errors or misplacing important quotes in your email. By digitizing your RFQ process, you simplify the comparison of quotes, enabling you to make well-informed decisions with confidence. This transformation not only streamlines operations but also strengthens the overall supplier relationship.
Description
On average, a company invests 12 hours to prepare for each quarterly business review (QBR). Organizations allocate more resources to suppliers than to any other item on their balance sheets. Building honest and transparent relationships significantly enhances outcomes. Your organization depends heavily on the performance of its suppliers to fulfill its objectives. In an era filled with countless data streams, it is essential to focus on what truly matters. You can select a review template or tailor your own, as we offer collections categorized by supplier type to help you stay focused. Utilizing AI-powered digital bees, the reviews are transformed into a comprehensive report that evaluates your supplier's performance both qualitatively and quantitatively while providing actionable plans for improvement. Gain insights into ratings from various sectors (and globally) to understand how your supplier's performance stacks up against competitors. Break free from the repetitive cycle of QBRs by measuring the most relevant metrics. By doing so, you can enhance the procurement function's reputation within your organization and shift towards more strategic, rather than purely transactional, supplier relationships. This approach enables you to negotiate contracts with greater leverage and confidence, ultimately leading to more favorable outcomes for your business.
API Access
Has API
API Access
Has API
Integrations
SyteLine ERP (CloudSuite Industrial)
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
SourceDay
Founded
2013
Country
United States
Website
SourceDay.com
Vendor Details
Company Name
SupplyHive
Country
United States
Website
supplyhive.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
Purchasing
Catalog Management
Compliance Management
Contract Management
Inventory Management
Invoice Processing
PunchOut
Purchase Order Management
Requisitions & Approvals
Sourcing Management
Spend Management
Supplier Management
Supply Chain Management
Demand Planning
Electronic Data Interchange
Import / Export Management
Inventory Management
Order Fulfillment
Order Management
Sales & Operations Planning
Shipping Management
Supplier Management
Transportation Management
Warehouse Management
