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Products in the Strategic Sourcing category are designed to assist procurement teams in planning, assessing, and managing performance during sourcing initiatives. These solutions typically offer functionalities such as project management, category management, savings tracking, data collection, team collaboration, and access to supplier marketplaces. Strategic sourcing differs from tactical and process-focused applications, which primarily support operational activities like requisitioning, ordering, invoicing, and payment. Strategic sourcing is commonly implemented as a shared service, even in large organizations, and is used to manage all types of spend, including services, direct materials, raw materials, and indirect goods. These shared-service centers are often integrated into procurement or supply chain functions.
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Coupa
coupa.com
Coupa is a cloud-based platform for Business Spend Management that helps organizations manage procurement, invoicing, and expenses while enhancing supplier collaboration.
TealBook
tealbook.com
TealBook automates supplier data management, offering insights for better sourcing decisions and improved procurement efficiency.
Zip
ziphq.com
Zip is a platform for managing purchase and vendor requests, streamlining procurement processes, and enhancing visibility across business spending.
Jiga
jiga.io
Jiga streamlines sourcing manufactured parts by connecting users with vetted suppliers, allowing direct communication, and tracking quotes and orders efficiently.
Olive
olive.app
Olive is a software sourcing platform that uses AI and human expertise to centralize the RFx process, evaluate vendors, and streamline IT decision-making.
Anvyl
anvyl.com
Anvyl is a production hub for brands to manage suppliers, oversee production, and track product data from procurement to delivery.
Precoro
precoro.com
Precoro is a cloud-based app that automates procurement and purchasing processes, enabling streamlined workflows, supplier management, and expense tracking.
Basware
basware.com
The Basware app streamlines B2B transactions through automated invoicing, payment management, and analytics for efficient finance and procurement processes.
DeepStream
deep.stream
DeepStream is a cloud-based e-sourcing platform that streamlines the procurement process from supplier selection to contract management.
ensun
ensun.io
ensun is a free AI-based platform that helps companies discover suppliers worldwide, offering access to millions of company profiles and products for informed purchasing decisions.
Leverage
tryleverage.ai
Leverage offers AI-driven visibility of purchase orders for manufacturers, enabling real-time answers to supply chain inquiries without manual communication.
Sudozi
sudozi.com
Sudozi is a procurement and vendor management platform that streamlines purchasing processes and enhances vendor relationships for organizations.
Catapult
catapulthq.com
Catapult is an RFP solution that automates procurement processes, enabling users to create, respond to, and evaluate proposals efficiently.
Kkonnect
kkonnect.io
Kkonnect is a cloud-based procurement management app that streamlines RFQs, quotations, and purchase orders, enabling efficient supplier management and communication.
Promena
promena.net
Promena is a versatile platform that streamlines sourcing, procurement, contract management, and supplier relationships to enhance business efficiency and integration.
LightSource
lightsource.ai
LightSource is a procurement platform that utilizes AI, serving over 3,000 companies globally, including many Fortune 500 and Global 2000 firms.
Zapro
zapro.ai
Zapro is a cloud-based Vendor Relationship Management and Procurement system that automates procurement processes and enhances supplier relationships.
Tropic
tropicapp.io
Tropic is a spend management platform that helps businesses optimize expenses, streamline procurement, and reduce costs with centralized tools and insights.
Vendorful
vendorful.com
Vendorful streamlines vendor management by automating RFPs, contracts, and performance monitoring, improving efficiency and compliance in supplier relationships.
Prodensus
prodensus.com
Prodensus simplifies sourcing by replacing infrequent RFQs with continuous engagement, enhancing supplier relationships and reducing costs.
Part Analytics
partanalytics.com
Part Analytics automates sourcing and procurement processes, offering insights on parts availability, costs, risks, and savings with various modules for data management.
Archlet
archlet.io
Archlet is a sourcing software that helps procurement teams manage RFI and RFQ data, automating bid analysis for efficient supplier evaluation and decision making.
Simbuy
simbuy.io
Simbuy helps users discover suppliers, centralize information, and manage procurement and bidding for materials and services in a single cloud platform.
Keelvar
keelvar.com
Keelvar is a sourcing optimization platform that automates procurement processes, enabling efficient management of RFQs and supplier bidding through AI and machine learning.
Fairmarkit
fairmarkit.com
Fairmarkit is a cloud-based sourcing platform that automates procurement processes, optimizes supplier interactions, and provides data-driven insights for efficient purchasing.
Pivot
pivotapp.ai
Pivot is a procurement software that helps companies manage spending and automates processes for finance, legal, and compliance teams without extensive training or integration.
Supplynote
supplynote.in
SupplyNote is an app for food and beverage businesses to manage backend operations, including inventory, supply chain, procurement, logistics, and production planning.
Prokraya
prokraya.com
Prokraya automates procurement and supplier management, streamlining processes like budget management, eSourcing, and invoicing to enhance efficiency and reduce costs.
Scoutbee
scoutbee.com
Scoutbee is a supplier discovery platform that helps procurement professionals enhance data, improve sourcing decisions, and onboard suppliers globally using AI and ML technology.
Axya
axya.co
Axya is a cloud-based source-to-pay software designed for manufacturing companies to streamline procurement operations and improve efficiency through automation.
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