Leading AI Strategic Sourcing Software
Maximum cost savings. Better supplier management. AI-powered, SOC 2-compliant Strategic Sourcing Software that is built on Microsoft 365. Get advanced sourcing approaches - generalized, itemized, competitive, or auction-based methods.
Why Strategic Sourcing Software?
Strategic sourcing is more than just procurement. It's about long-term value, saving costs, managing risks, and good supplier relationships to help your business grow. Strategic sourcing solutions that make your entire sourcing process digital and easier—from Purchase Requisition to Supplier Selection.
Microsoft 365-powered Strategic Sourcing Software that helps companies:
- Develop data-driven strategy using sourcing strategy software
- Optimize and pick the best suppliers with AI insights
- Lower procurement risks with built-in compliance & governance
- Work faster with automation and collaboration tools
Key Benefits of Our Strategic Sourcing Software
4.9 Star Rated
A leader on Microsoft AppSource, with real user reviews.
Microsoft 365-native security
Your data stays in your Microsoft tenant.
Plug & Play Setup
Get our software running in just 1 week for strategic sourcing.
End-to-end Sourcing Workflows
Easy workflows from PR to RFQ Awarding.
Seamless M365 Integration
Work together, communicate, and automate easily.
Scalable & Cost-Effective
It grows with you, and you only pay for what you use.
Strategic Sourcing Approaches for Maximum Efficiency
As the Best Strategic Sourcing Software, it offers flexible sourcing approaches for different procurement strategic sourcing needs.
Generalized Sourcing Management
Makes RFQ easier by handling bid requests, supplier answers, and the whole project procurement.
Itemized Sourcing Management
Lets you procure in detail by asking for quotes per item, saving money, and making sure suppliers can do the job.
Auction & Competitive Bidding
Allows real-time bidding through reverse and forward auctions, pushing for better prices and cost savings.
Core Modules & Features
- Centralized PR Requests – Automate PR submission, approvals, and tracking.
- Multi-Level Approval Workflows – Set up routing for different department approvals.
- PR to RFQ Conversion – Instantly create RFQs from approved PRs in our sourcing strategy software.
- Quick RFQ with Pre-Built Templates – Prepare RFQs in minutes with pre-configured forms.
- Automated Supplier Invitations – Send RFQs to approved vendors.
- RFQ Publishing & Tracking – Watch responses in real time in our sourcing software.
- Dedicated Supplier Portal – A safe centralized hub for vendors to submit bids.
- Supplier Relationship Management - Chat, share docs, and take notes for teamwork & RFP questions.
- RFQ Compliance & Documentation – Store all bid documents and compliance info in one place.
- Automated Bid Scoring – Compare supplier bids side-by-side with weighted scoring.
- Bidding & Cost Breakdown – Analyze pricing per material, labor, or service.
- Audit-Ready Compliance – Keep secure logs of every bid for transparency.
- One-Click Vendor Selection – Award contracts based on pre-set criteria.
- ERP Integration for Awarded Bids – Send contracts to SAP, Oracle, or other ERP systems.
- Final Approval – Make sure it's compliant before contract execution.
- Centralized Supplier Database – Keep all supplier info in one spot.
- Supplier Onboarding & Validation – Self-registration, OTP, invites, forms, and approval/rejection.
- Supplier Performance Tracking – Watch what suppliers do, their compliance, and history.
AI-Driven Strategic Sourcing & Supplier Intelligence
- Smart Content Generator & Refiner - Automates and improves descriptions and instructions, making RFPs and tenders clear.
- Intelligent Proposal Evaluation - Looks at supplier proposals, scores them against RFP needs, and suggests the best suppliers.
- AI-Powered Supplier Suggestions - Finds top suppliers for RFQs based on past work, profiles, and skills, making buying faster.
Security & Compliance: Enterprise-Grade Protection
- Hosted in Microsoft 365 for maximum security
- GDPR, SOC 2 Type 2, ISO 27001 compliant
- Full audit trails & automated log management
Seamless Integrations for Procurement Strategic Sourcing
- ERP Systems – SAP, Oracle, Microsoft Dynamics, and more.
- Collaboration Tools – Microsoft Teams, SharePoint, Outlook
- Analytics & Automation – Power BI & Power Automate
Ready to Upgrade Your Procurement Strategic Sourcing Process?
Try It for Free
- 7-Day Free Trial | No credit card required.
- Secure. Compliant. Integrated. Your Procurement, Your Rules.
FAQs
It's the tool procurement teams use to manage suppliers, risks, and make sure buying supports the company's goals. It's more than just basic purchasing. It's about long-term strategy: category optimization, contract compliance, and supplier performance.
For instance, it helps you compare suppliers based on what they're good at, automates contract talks, and speeds things up by 60%. Key features include managing supplier risk, real-time teamwork, and tracking savings so you can make solid decisions. This turns procurement into a profit center by building strong supply chains and cutting costs without hurting quality.
A beverage company uses our software to find sustainable coffee beans. They don't just look at the price tag. They use the software to find suppliers around the world, check for risks (like climate change), and figure out the real cost (shipping, waste, etc.). They negotiate a long-term contract that includes fair prices and a commitment to sustainability. Then, the software tracks how the supplier is doing to ensure quality and ethical sourcing. This leads to a better product and a more reliable supply chain.
Strategic sourcing software automates and optimizes the end-to-end procurement process. It typically works by:
- Centralizing data: It puts all your supplier info, contracts, and performance data in one place.
- Automating tasks: It automates sending RFQs, evaluating bids, and tracking how suppliers are performing.
- Providing insights: It uses AI and analytics to give you insights into supplier risks, cost-saving opportunities, and areas where you can improve.
- Improving collaboration: It helps your procurement team and suppliers work together through dedicated portals and communication tools.
- Ensuring compliance: It helps you follow regulations and internal policies with automated checks and audit trails.
Strategic sourcing is a process for making your company's procurement better to get long-term value, cut costs, manage risks, and build strong relationships with suppliers. It's a strategic way to approach procurement.
Sourcing software is the tool that helps your procurement teams do strategic sourcing. It automates tasks, gives you data-driven insights, and makes it easier to work together so you can source more efficiently and effectively. Think of strategic sourcing as the "what" (the strategy), and sourcing software as the "how" (the tool to make it happen).
