Sourcing Software
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Suplos
Software Description: Suplos is a cloud-based procurement and treasury platform that automates the entire supply chain process, from plan to pay. It connects buyers with thousands of suppliers, offering speed, transparency, savings, and working capital optimization for businesses across Latin America.
Features
End-to-End Integration
Supplier Network
Transparency
Working Capital Optimization
Pros
- End-to-End Automation
- Supplier Network
- Transparency and Savings
Cons
- Pricing Transparency
- Integration Complexity
- Learning Curve
Supplier.io
Software Description: Supplier.io is a data and SaaS provider that helps businesses optimize sustainability and supplier diversity. It connects buyers with diverse, sustainable suppliers, offering intelligence to mitigate risks, meet reporting requirements, and advance Environmental, Social, and Governance (ESG) goals for resilient supply chains.
Features
Real-Time Data Analytics
Sustainability Management
Supplier Management
Risk Management
Pros
- User-Friendly Interface
- Comprehensive Supplier Data Management
- Responsive Customer Support
Cons
- Steep Learning Curve
- Pricing Transparency
- Integration Limitations
SupplierGATEWAY
Software Description: SupplierGATEWAY revolutionizes supply chain management with a platform that simplifies supplier onboarding and integrates diversity and sustainability assessments. It reduces inefficiencies, promotes inclusivity, and supports environmental responsibility, helping businesses create agile and resilient supply networks.
Features
Instant Supplier Onboarding
Diversity & Sustainability Assessments
Seamless Integration
Supplier Management Dashboard
Pros
- User-Friendly Interface
- Comprehensive Supplier Diversity and Sustainability Assessments
- Seamless Integration with Existing Systems
Cons
- Pricing Structure
- Learning Curve for Advanced Features
- Customization Limitations
Ask & Go
Software Description: Ask & Go simplifies purchasing and supply procedures while ensuring full legal security. The software guarantees the legitimacy of all company expenses and helps businesses organize their procurement processes transparently, offering a risk-free environment to foster growth and operational efficiency.
Features
Procurement Transparency
Legal Security
Risk-Free Process
Growth Potential
Datapred
Software Description: Datapred is an online software for energy and raw material buyers, offering market awareness, reporting, and decision support. The platform allows buyers to test and monitor buying and hedging strategies. It has been recognized as a Gartner Cool Vendor and won Airbus's machine learning challenge in 2019.
Features
Market Analysis and Data Visualization
Scenario Testing and Strategy Optimization
Automated Reporting and Forecasting
Advanced Analytics with GPT-4 Integration
ESSA
Software Description: ESSA is a procurement tool by Eveneum, designed for manufacturing sectors to streamline direct and indirect sourcing. It provides decision models covering TCO, NPV, and KPIs, along with project preparation and DOA workflows, preserving strategic sourcing knowledge with an intuitive, training-free interface.
Features
Comprehensive Decision Support
Project Preparation and Approval Workflows
Knowledge Retention
User-Friendly Interface
FactWise
Software Description: FactWise is a procurement platform for small and mid-sized product manufacturing companies, offering a modular S2P solution for batch production, goods receival, and quality checks. Its intuitive interface allows quick RFX creation, providing insights into supplier performance. FactWise integrates seamlessly with ERP systems.
Features
Modular S2P Solution
Quick RFX Creation
Supplier Performance Insights
Easy ERP Integration
Fullstep
Software Description: Fullstep is a customizable Procure-to-Pay solution that automates purchasing and procurement processes. With a user-friendly interface, it boosts control, efficiency, and collaboration across teams, offering full visibility and streamlined workflows for buyers and suppliers.
Features
End-to-End Procure-to-Pay Automation
Customizable Workflows
Supplier Management Tools
User-Friendly Interface
Keelvar Sourcing Optimization
Software Description: Keelvar is a SaaS-based procurement software that leverages AI to optimize and automate sourcing processes. Serving clients like Siemens and Coca-Cola, it offers features such as flexible event design, automated bid collection, and advanced analysis to enhance procurement efficiency and supplier collaboration.
Features
AI-Driven Sourcing Optimization
Automated Bid Collection
Flexible Event Design
Advanced Supplier Collaboration and Analytics
Lagom
Software Description: Lagom is an AI-driven demand management solution that predicts customer demand by analyzing historical and real-time data. It helps businesses optimize inventory, reduce costs, and improve procurement strategies, ensuring they meet customer needs while avoiding overstock or stockout situations.
Features
Demand Forecasting
Supply Chain Management
Inventory Optimization
Collaboration Tools
Linkana
Software Description: Linkana is a supplier management platform that automates sourcing, onboarding, and monitoring using real-time business, risk, and diversity data. It features auto checks, alerts, performance reviews, and certified supplier profiles to simplify and streamline procurement operations.
Features
Automated Supplier Checks
Supplier Portal
Monitoring & Alerts
Certified Supplier Profiles
Okaveo
Software Description: Okaveo is a procurement management software by Crop and Co that simplifies procurement processes. It offers tools for expense mapping, purchase monitoring, and contract management, featuring customizable dashboards, real-time insights, and seamless system integration to enhance procurement efficiency.
Features
Expense Mapping
Purchase Monitoring
Contract Management
Vendor Master Data Management
OpusCapita
Software Description: OpusCapita delivers an integrated procurement system for goods and services, ideal for MRO and asset-intensive sectors. Their eProcurement solution streamlines spend management, compliance with framework agreements, and cost reduction, covering the full procure-to-pay process.
Features
Procurement Management
Accounts Payable Automation
Business Network Connectivity
Expense Management
Procqur
Software Description: Procqur is an all-in-one procurement and sourcing software that centralizes procurement workflows into one digital system. It automates sourcing, purchasing, and supplier management, helping businesses manage their procurement process efficiently, optimize sourcing decisions, and improve supplier relationships.
Features
Alerts/Notifications
Bid Management
Compliance Management
Procurement Management
Procure.ke
Software Description: Procure.ke is a cloud-based procurement software by Tier Data that automates purchase orders, supplier management, spend analysis, and budget tracking. It offers mobile access for the entire procure-to-pay cycle, allowing teams to manage procurement tasks remotely and efficiently.
Features
Purchase Order Management
Supplier Management
Spend Analysis and Budget Tracking
Mobile Access
Prospeum
Software Description: Prospeum is a services sourcing platform that streamlines the full sourcing lifecycle—supplier scouting, scoping, tendering, and awarding—into one centralized system. It helps organizations eliminate silos, scale efficiently, and reduce costs while achieving a 100% services sourcing ratio.
Features
End-to-End Sourcing Workflow
Supplier Collaboration Tools
Scalable Services Sourcing
Cost & Time Efficiency
SpendXO
Software Description: SpendXO is an AI-driven spend analytics platform by STATXO, providing real-time insights into global spend and payables. It helps teams monitor spending trends, assess risks, identify savings opportunities, and optimize procurement processes across categories, regions, and suppliers.
Features
Real-Time Spend Visibility
Tail Spend Analysis
Supplier Consolidation
Purchase Price Variance Analysis
SynerTrade Accelerate
Software Description: SynerTrade Accelerate, developed by SynerTrade (an Econocom Group company), is an e-procurement platform tailored for large enterprises. It streamlines procurement through SRM, S2C, and P2P solutions, featuring supplier onboarding, strategic sourcing, contract management, and spend analytics to enhance efficiency and value.
Features
Procure-to-Pay (P2P) Management
Source-to-Contract (S2C) Management
Supplier Relationship Management (SRM)
Spend Analytics
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