SourcingHQ 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.

Pricing

Pricing Starts At:
$950 one-time
Pricing Information:
There's a free plan. Paid plans are a one-time payment for 12 months that never renews on its own, and suppliers never pay.
Free Version:
Yes

Integrations

No Integrations at this time

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Company Details

Company:
SourcingHQ
Year Founded:
2026
Headquarters:
India
Website:
sourcinghq.ai
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Media

The AI assistant drafts a request with the line items, quantities and a deadline

The AI assistant drafts a request with the line items, quantities and a deadline

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Product Details

Platforms
Web-Based
Types of Training
Training Docs
Customer Support
Online Support

SourcingHQ Features and Options

Sourcing Software

Auction Management
Rfx Management
Supplier Management

SourcingHQ User Reviews

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