Best Sourcing Software for Small Business

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.

There is no signup fee, no installation fee or setup fee. Just a flat fee to get you started. Maximize savings with our full-service Reverse Auction platform. It delivers real-world solutions at a fraction the cost. Reduce time, improve negotiations, and increase competition among suppliers. Our tool was created specifically to enable eAuction capabilities to be brought in-house. This tool is cost-effective and available on demand. It can be used to organize simple or complex weighted events. Our Reverse Auction solution is very user-friendly. It features improved navigation that makes it easier and quicker to adopt right out of the box. Rankings can be updated in real-time with visual hierarchy and robust reporting capabilities.

Inefficient products are often found in pseudo-suites or an uneven range of products on the market. Zycus solutions are comprehensive, designed to offer a consistent superior user-experience and functionality across all modules. Our commitment to this means that we offer each module in its most advanced form. Idle data adds no value. Only when data is processed into useful information can informed decisions be made. Our solutions are supported by strong analytical abilities with a vision to help you not only analyze the past and present but also provide you with actionable insights to the future. Each module is based on the same DNA and can communicate with each other as well as other technological systems, ERPs, and databases.

Gravity transforms your supply chain into a value-chain. The Gravity platform is built on cutting-edge cloud technology and data technology. It consists of three standalone modules: Source, Order, and Deliver. Gravity Source allows you to centralize and standardize all of your briefings, quoting, and QA processes. Get a clearer picture of production, vendor performance, and potential disruptions. All upcoming and live bookings can be managed in one place, while seamlessly connecting shippers and vendors. Learn how predictive insights and multimodal tracking can help you make better business decisions. You can benefit from powerful cross-platform functionality and features, regardless of whether you choose one Gravity module. Gravity modules can be integrated into any ERP system or TMS system for quick onboarding and minimal disruption.

AI-powered analytics can help you organize and distill your complex data. Visibility into your spending patterns is a great way to start, whether you are looking for ways to save money or to go digital. Simfoni Spend Analytics, part of our Spend Intelligence Platform, provides data management and insights about pricing, vendors, total spending, categories, and diversification, allowing for smart and strategic procurement. A user-friendly eSourcing solution that offers advanced automation, unique insights and helps users to identify the best award decisions for suppliers in less time. eSourcing offers significant cost savings to procurement teams. Save time, increase efficiency, and reduce the time required to award a new contract. Collect all the information you need in order to make more informed decisions about your suppliers.

Facilitate collaboration with suppliers to plan, manage and control better the flow of goods and services across all phases of the supply chain execution, from order fulfillment to warehousing. Supplier Collaboration. Collaborative Supplier. Portal Drawing and Technical Specification. Quality Notification Demand. Forecasting. Collaborative Replenishment. Collaborative Purchase Order Management. Order Management. Purchase Order. Retracting. Call-Off and Delivery Schedule. Order-to-deliver. Inbound Visibility. Management of the packing list and barcode labels Validation of Product Requirements. Drop Shipping Unload Booking. Warehouse Management. Optimization Handling and Layout Analysis Chain Management. Accounts payable. Automating. Invoice. Data Capture and Exception Management Approval Coding in General Ledger. The collaborative portal allows for real-time delivery control, better planning of receipt activities, and increases operative effectiveness.

Oxalys is a Source to Pay solution that allows organizations to digitize all aspects of their procurement and spend management process, including purchasing, invoices, sourcing and contracts, supplier relations, procurement steering, and purchasing.

Complex supplier networks can lead to inefficiency, waste, redundancy, inefficiency, or strained relationships. Direct Commerce makes it easy for you to find the right suppliers and manage inventory. It also helps you build strong, collaborative relationships that last. Direct Commerce provides a seamless and efficient way for companies to interact with suppliers. It offers comprehensive solutions that help both parties achieve their business goals. Our team is the preferred choice for Global 1000 companies due to its superior functionality, implementation, support, and support. A great solution is useless if your suppliers don't use it. Direct Commerce experts will implement a comprehensive and successful Supplier Onboarding Program from Day 1. This will ensure that your suppliers and you are working together to fully automate invoices and improve communication and information flow. It will also eliminate disputes frustrations and reduce unnecessary costs associated with paper processing and scanning.

Catapult™, an all-in-one Request for Proposal Solution, streamlines procurement departments by automating repetitive workflows and automating. Catapult allows you to create and respond, score and evaluate responses, and negotiate contract terms. You can also collaborate with your team members on question structure and responses, as well as build and manage your content library to speed up RFP responses. Catapult's workflow automation has helped clients reduce the time it takes for them to respond by more than 90% and increase their output by 66% using the same headcount. These same results can be achieved by you too, while increasing your confidence in your questions' effectiveness and quality for any RFP engagements. This is a Catapult exclusive.

Connect and do business with more clients by finding and working with the best vendors. Manage supplier-related administrative tasks to focus on the most value-creating activities. Attain corporate goals, including risk reduction and cost reduction, implementation of ESG programs, increasing local and diversity supplier sourcing, among others. Find new technologies, products, and other solutions that will improve your operational results. You can easily understand supply chain risk, onboard new suppliers, view operational status and supplier risk information, manage MSAs, and other onboarding documents. Performance management tools include supplier ratings and feedback, KPI management and approval of vendor lists. You can also centralize contract and document management. This will help improve supply chain performance and reduce risk. Search our pre-qualified supplier network, which includes more than 1,200 categories, to reduce costs and increase resilience.

Silex is the first cognitive-sourcing platform that allows buyers and procurement professionals to streamline their sourcing and supplier processes. Silex takes procurement performance to the next level by combining data and AI algorithms that are best-in-class. The purpose of scouting functions is to help buyers better understand and master their supplier markets. It is a simple, intuitive, and efficient way for users to identify, evaluate, compare, and exchange information with suppliers. Natural language searches and assistive technologies make it easier to work efficiently. Users can also integrate more specific criteria and constraints with their procedures. Silex allows users to integrate repositories (suppliers and contracts) to harmonize purchasing processes and share knowledge within an organization. Silex also allows users to access key data sources (public or private) which will allow them to analyze all suppliers.

No login, no app, no hassle. One-click seamless sourcing in your suppliers' inbox. Embedded with real-time predictive information. Our flexible data model is applicable to all types of spend. Arkestro can source any item that you can source in Excel. Predictive anomaly detection detects and corrects errors before they reach procurement. Role-based access simplifies the project management of sourcing events and allows any stakeholder to receive updates. Arkestro's sourcing events learn from the behavior of your supplier to reduce cycle times. You can easily access any number of award scenarios via email, regardless of the complexity or size of your sourcing events. There are many errors in supplier quotes due to data entry and copy-paste. A number of pivot tables are required to check the status of a sourcing cycle. New sourcing cycles can't learn from previous cycles' supplier quotes. Our pricing simulator will generate instant suggestions for suppliers to modify and submit.

Raptech, a cloud-based digital management software, enables growing businesses to automate the processes for Lead-to quote, order-to cash, source-to pay, record-to report and source-to cash. You can take full control of your business with efficient workflows. AI-powered analytics enables you to make data-driven decisions in real time. The sales team can be more efficient and effective if they have the tools and processes in place to manage their sales pipeline and forecast. This will help them to convert potential clients into sales leads. The bottom line can be improved by streamlining order fulfillment, billing, payment receipt, and other processes. To maximize profits, revenue projections can be used to make strategic decisions. Understanding spending patterns will help you make an informed decision about cost control. Spend forecasts will help you monitor and fix problems before they become serious. A higher return on capital is possible by ensuring efficiency in cash flow and working capital management.

Join our enterprise customers in shaping a better future by automating their outdated purchasing processes and optimizing their company's expenditures today. Globality is the leader in autonomous procurement. The platform uses sophisticated AI to create precisely scoped requirements, identify the most qualified suppliers and provide negotiation insights. Our AI engine can understand complex intent and define project requirements more accurately than people. Globality provides instant merit-based options for suppliers based on your list of preferred suppliers or Globality's proprietary database. Glo, your AI-partner, guides you through every step of the sourcing journey. It does this by defining requirements precisely, identifying best-fit suppliers instantly, and providing insights.

Procurement has never been more efficient. Join us to make sourcing autonomous, and start saving money and time today. mysupply is an automated SaaS solution for procurement that delivers average savings of 11% on spend, and reduces operational effort by 50%. ChatGPT and Mysupply are leading the way to a more autonomous landscape of sourcing. Mysupply allows buyers to experience smarter sourcing with less effort and still deliver better results. Operational buyers do not need to spend a lot of time creating short-term demand plans, or triggering stock replenishments. Mysupply reduces manual labor cost by leveraging Machine Learning and AI. Automation not only increases efficiency and reduces operating costs, but also allows companies to negotiate items they previously overlooked.

Easy to use procurement software that gives visibility and control of every aspect of your procurement process. You can have complete control and visibility over your entire procurement process, from sourcing to contract management, supplier management and cost management. Work with suppliers who share your values. Create eSourcing Activities with questionnaires and evaluations based on values that are important to you. You will never miss a contract's renewal or notice period. Ensure compliance with all contracts and take control of them quickly. This will save you time and money on the long run. All your sustainability, performance, compliance and risk documents from suppliers are stored in one easy-to-use and secure platform. Plan and manage projects for cost reduction and avoidance, as well as procurement savings. Divide savings projects into manageable milestones with dashboards and approvals.

Next-Gen Autonomous Sourcing Platform. Automate, optimize, and simplify your entire sourcing operations. Allow category-specific guided intake submission using a highly configurable templates engine and raise PRs through channels of your choosing (Web, Teams, Slack, Mobile etc.). Automated processing of your requirements Allow the AI to process your sourcing needs through the right channels and the right vendors, based on existing RCs. Standardize the Negotiation process Use historical negotiation intelligence, category-specific models and negotiation playbooks to ensure your organization always gets the best deal.

Archlet is a strategic sourcing platform that focuses on analytics. It empowers Procurement teams to make better decisions quicker with user-centric RFx and bid-analytics capabilities. Your strategic sourcing activities can be moved from E-mails and Excel to a central platform. Advanced analytics and scenario-based optimization can help you manage the complexity of strategic sourcing. Our intelligent and intuitive automation and sourcing features will help you to cut your project timelines by half, allowing you to focus on strategic activities. Analyze and model scenarios that include non cost components such as sustainability, performance, supplier diversity, or risk scores to make data-backed decision. Use data-driven negotiation to unlock new savings by leveraging automatically identified opportunities for negotiation and detailed feedback from suppliers.

Operating multiple types of marketing sourcing on a single platform. RFQs, Ratecards, Material Purchasing, and Time Based Services all with automated buying and approval options. Mtivity’s sourcing engine has an automated benchmarking and saving calculations engine. From simple cost savings to complex gainshare and discount models, Mtivity is able to track and automate this calculation, instilling transparency and trust in the purchasing process. Mtivity automatically identifies a best-sourcing method based upon your own data. This allows your users to focus on adding value and increases internal and external client satisfaction.

Schedule a 30-minute kickoff call with one of our experts to better understand your needs. We will help you to gather and send the necessary specifications data so that we can start working on your request immediately. Our experts perform specification screening, prepricing analysis and smart supplier matching using our proprietary database. We match your requirements with our supplier network using best practices from more than 400 projects. Join us for an informative, non-binding presentation, which includes a detailed comparison of the various options in terms of pricing, sustainability and other factors. You decide which option to pursue, and we agree on the next steps.

Your data can be consolidated across the supply chain. All information is merged from different file formats, naming conventions and columns to create a single data set. Each data collection point usually has data in a different format, language, and structure. Lexi will ensure that all data points have the same format and are synchronized. Once data has been cleaned and harmonised, it is possible to easily aggregate data to give one view that everyone can use. The Cloud Platform by Lexi works equally well for new products that are in R&D as for older products. Our data analytics can provide should cost estimates that are accurate to +/-5% for new products while they are still in development.

ClearTrack®, Clarity™, for Global Trade Management, is a leading international network platform for trade management for manufacturing, retail and brand companies of all sizes. The Clarity™ GTM software-as-a-service platform offers intuitive, easy-to-use, cloud-delivered suites, modules, applications and professional services configured-to-fit each organization's requirements across the supply chain to manage the complexities of today's global trading networks - better. This innovative collection of software suites includes Global Trade and Compliance and International Logistics and Transportation Services Sourcing. They are delivered from a unified cloud-delivered collaboration network that offers managed data services, business intelligence reports, and advanced analytics, enabling companies to protect their brands, control costs and reduce risks, and maintain trust.

Prokraya automates the procurement process and reduces costs. Our procure to pay solution eliminates tedious manual procedures and human errors, and creates an automated process that makes procurement 5X more efficient. Our solution includes budget management, purchase requisition, catalogue management, eInvoicing and contract lifecycle management. Prokraya can integrate with any ERP to allow seamless data flow. It also creates an audit trail that can be reviewed.

SAP Ariba Strategic Sourcing Suite facilitates a closed-loop digital, source-to contract process for indirect and direct material sourcing. Business-to-business (B2B), supply chains are becoming an important source of profit, savings, and competitive advantage in today's global outsourced economy. There has been no digital process that efficiently sourced both indirect and direct materials. This is because there has not been a single solution that can handle all spend categories. It also manages the entire process from integrating new materials (BOMs), product lifecycle management (PLM), through sourcing, contract management and manufacturing execution integration. Relying on separate systems and processes for indirect and direct materials can lead to contract leakage, IT costs, revenue opportunities and lower savings. It also hinders alignment between internal teams.

Use AI and your data for supply chain decisions. Data-driven decisions are a key component of every great organization's ability to grow, save money, and maximize efficiency. Data-driven Decision Making. Data-driven Decision Making. Supplier and Product Scores. To continuously find cost-saving opportunities, generate and compare quantitative and qualitative scores for each product and supplier in your supply chain. Bespoke Marketplaces. A marketplace that is tailored to your industry and your needs will help you grow revenue, increase customer base, increase retention, strengthen strategic sourcing, and increase revenue. Enterprise AI to Inform Procurement Artificial intelligence can be used to predict failures, EOL and replacements, to forecast sourcing and purchasing requirements, and to power intelligent procurement. LVRG allows you to learn at an exponential rate from your data.