Best Sourcing Software
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What is Sourcing Software?
Sourcing software is software to help companies identify, evaluate, engage, and manage suppliers and vendors—enabling strategic sourcing rather than just transactional purchasing. It supports key processes such as supplier discovery, qualification, bid/tender management (RFI/RFP/RFQ), supplier performance evaluation, and contract awarding. As the first stage of the supply chain or procurement journey, sourcing software helps organizations optimize costs, secure quality, manage risk, and build resilient supplier networks. According to industry sources, sourcing is distinct from procurement: sourcing focuses on the “who” (which suppliers) and the selection, while procurement covers the “what” (goods/services) and the purchase process. By automating and digitizing sourcing workflows, organizations gain visibility into supplier markets, spend categories, risk exposures, and opportunities for value creation. Compare and read user reviews of the best Sourcing software currently available using the table below. This list is updated regularly.
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1
Jesta Vision Suite
Jesta I.S.
Optimize your supply chain with Jesta’s Sourcing & Procurement module. Gain full visibility into purchase orders, material delivery schedules, and production timelines to ensure seamless alignment with current orders and future demand. Wholesalers can stay competitive by tracking multiple procurement paths and capturing detailed shipment data by style, color, size, and attributes. This level of precision enhances production forecasts and helps differentiate products while maximizing profitability. Jesta’s solution also monitors material, labor, overhead, and purchasing costs, enabling accurate profit and margin calculations. Stay ahead of customer demand, streamline operations, and boost efficiency with Jesta’s Sourcing & Procurement. -
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Procurify
Procurify
Procurify’s easy-to-use Intelligent Spend Management platform provides hundreds of organizations worldwide with real-time visibility and control over all business spend. By bringing more spend under management, our customers capture reliable spend data that can be used to proactively minimize rogue spend and rework — and ultimately save them precious time and money. Our procure-to-pay solution helps organizations gain a competitive edge by transforming spend management from a reactive cost center to a proactive, profit-driving function. Beyond process optimization, spend data can drive strategic discussions that directly influence organizational growth and financial health. -
3
Colibri
COLIBRI Sales & Operations Planning
Colibri is fast to implement and easy to use. Smart and ergonomic screens allow nearly immediate ownership and a pleasant user experience. Colibri regularly delivers new evolutions and follows business best practices. A monthly fee with no hidden cost allows a controlled budget. Different known and proven statistical models are available to calculate the best forecasts possible for you. A simulation screen lets you simulate your results before launching your definitive forecasts plan. Include your collaborators in your sales forecasting process. Be alerted when a forecast has been updated, limit the user access only to the products and screens they work on. Work at any level, unit, or timeframe. Each user can work at the granularity level he wants (all products, product family, sku…), in the unit and timeframe he prefers. With the SMART DATA option go further with your reporting and analysis. -
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Raptech
Raptech Solutions
Raptech is a cloud-based digital business management software that enables growing companies to automate the processes of Lead-to-quote, order-to-cash, source-to-pay, and record-to-report. Gain total control over the business using efficient workflows. Make real-time data-driven decisions with AI-powered analytics. Having process and tools in place to manage sales pipeline and forecast pushes the sales team to be more effective, and efficient and ensure that lead clients turn into business opportunities. Streamlining order fulfillment, billing, and payment receipt process enable to increase in the bottom line. Revenue projections will help to make strategic decisions to maximize profits. Understanding spending patterns help to make a critical decision on cost control. Spend forecast will assist in closely monitoring and fixing problems before they become major issues. Bringing efficiency in working capital and cash flow management leads to a higher return on capital. -
5
Olix365
Olix365
Realize immediate advantages, including a visual schedule board, inventory reservation, and optimized resource and vehicle tracking with route optimization. Olix365, where innovation meets efficiency, revolutionizes utility operations. As the brainchild of Alphavima, Olix365 is a comprehensive cloud-based solution tailored to the utility sector. This innovative platform redefines the landscape of utility management by leveraging a profound understanding of the utility sector and integrating cutting-edge technology to optimize internal operations, ensure regulatory compliance, nurture customer relationships, empower data-driven decision-making, and allow for seamless scalability. Olix365 facilitates the transition from legacy systems such as Microsoft Dynamics Great Plains (GP), which are on-premises, to modern cloud-based ERPs. We have meticulously mapped out the process and fields from the source system to the target system.
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