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Average Ratings 0 Ratings

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ease
features
design
support

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Write a Review

Description

Obtaining competitive quotes often involves the tedious process of contacting suppliers individually via email. SourcingHQ simplifies this by consolidating the process into a single, timed bidding round. You can describe the product or service you require in straightforward terms or simply forward the inquiry received from your customer, and the AI assistant will create a structured request that outlines the necessary items, quantities, and a deadline. You then select the suppliers you typically engage with, allowing them to place bids through an email link, without the need for accounts, while also being able to see their current standing and adjust their offers before the bidding period ends. This platform enables you to analyze the pricing in detail, providing both PDF and Excel reports for easy comparison. SourcingHQ is tailored for small to mid-sized buyers, distributors, and resellers who frequently face one-off and urgent requests where pricing varies significantly. Their free plan allows for three auction events, while paid subscriptions cater to teams that need to source on a monthly basis. Additionally, there is a complimentary tool available to help compare quotes that have already been gathered, ensuring users have a comprehensive way to evaluate their options. This innovative approach not only streamlines the quoting process but also enhances the ability to secure the best possible deals.

Description

Your business might miss the best supplier. This could result in a drop in productivity and lower business efficiency. Your business could see a drop in cost savings. These are all things that Zycus' powerful strategic sourcing module, "iSource(tm"), will take care of. With our eSourcing solution, you can source simple and complex categories easily. Our eSourcing software is then configured and empowered to meet your procurement goals. This allows you to have a greater impact on business performance by reducing sourcing cycles by between 5 and 15%. Instant visibility to savings and event statistics. Market-driven decisions that are factual. Ability to manage large-scale sourcing projects that involve more stakeholders. Ability to manage simple, tactical, and immediate sourcing projects. A built-in platform to identify key suppliers and to record the savings made after each round of negotiations.

API Access

Has API No 

API Access

Has API No 

Screenshots View All

No images available

Screenshots View All

Integrations

No details available.

Integrations

No details available.

Pricing Details

$950/year
A free plan covers three auction events in total. Paid plans start at $950 per year.
Free Trial No 
Free Version Yes 

Pricing Details

No price information available.
Free Trial No 
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 No 
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 No 
Live Training (Online) No 
In Person No 

Types of Training

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

Vendor Details

Company Name

SourcingHQ

Founded

2026

Country

India

Website

sourcinghq.ai

Vendor Details

Company Name

Zycus

Founded

1998

Country

United States

Website

www.zycus.com/solution/strategic-sourcing.html

Product Features

Sourcing

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

Product Features

Sourcing

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

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