Best Strategic Sourcing Software - Page 7

Sourcing Force

Sourcing Force has brought together Procurement and Strategic Sourcing on a single platform. The cloud-based solution provides one of the most user-friendly and intuitive platform on the market. All the way from Procure-to-Pay to Strategic Source-to-Pay, Sourcing Force provides Purchase orders management, contract management, eauction RFx, supplier portal, risk management, budget management, spend analysis and more...

Average Rating: 5.0/5.0

Total Reviews: 1

Sourcing Playground

Sourcing Playground is a sourcing intelligence platform for retail FMCG companies. It allows you to identify the right countries and factories to source manufacturers from. Our powerful features include: global trade production volume & market intelligence, country pricing, supplier & manufacturer explorer, competitor look ups & factory lists, factory look ups. Our customers make more confident decisions that are right for their business. Our customers stay ahead of the curve, jumping on emerging markets, and finding hidden gems. Who Uses Sourcing Playground? Sourcing teams for fashion brands and retailers who want to identify the right markets and factories to source from.

Average Rating: 5.0/5.0

Total Reviews: 1

Sustainment

Sustainment is an AI-native software platform built for sourcing and procurement teams in direct manufacturing and supply chain operations. Founded in 2020 and backed by over $25 million in private venture capital and more than $10 million in federal R&D investment, Sustainment was designed specifically to bring structure, visibility, and efficiency to the complex workflows that drive direct real-time procurement in manufacturing businesses. At its core, Sustainment functions as a centralized operating system for sourcing and procurement, replacing the fragmented combination of email, spreadsheets, and manual processes that most manufacturing companies rely on today. The platform connects sourcing teams, suppliers, engineers, and operations stakeholders in a single system of record, giving everyone involved in procurement the visibility and tools they need to work more effectively. Sustainment's key capabilities include: - RFQ and PO lifecycle management — structured workflows that take sourcing events from request through delivery, with automated tracking, supplier communication, and status visibility at every stage - Supplier performance and compliance tracking — centralized records on supplier history, quality performance, and compliance certifications, making it easier to select the right supplier and stay audit-ready - PO risk and delivery monitoring — proactive identification of late or at-risk purchase orders, enabling teams to shift from reactive expediting to early intervention before production is impacted - Cross-team data visibility — shared access to historical pricing, quotes, lead times, and supplier data that supports better negotiation and spend consolidation across buyers and business units - Scalable, audit-ready documentation — version-controlled drawings, revision histories, and sourcing records that support compliance requirements and traceability without additional administrative burden The business impact of the platform spans several dimensions: customers report material cost savings from more competitive sourcing, significant reductions in procurement team time spent on manual follow-up and firefighting, and improved ability to protect revenue tied to supplier on-time delivery performance. Sustainment also enables organizations to scale their procurement operations while keeping headcount sustainable by automating the coordination and communication tasks that consume the most time in manual setups. As a dual-use platform, Sustainment services mid-market manufacturing teams as well as federal and defense procurement organizations. To learn more, visit our website at www.sustainment.com.

Average Rating: 4.5/5.0

Total Reviews: 1

Wax

Make the most of your purchasing power by optimising your strategic sourcing effort to negotiate better terms and ensure you'e always choosing the right suppliers that are best suited to your business needs. Streamline your day-to-day processes, from tendering and auctions, to contract and supplier management

Average Rating: 2.5/5.0

Total Reviews: 1

21Brains

The 21Brains Sourcing tool optimizes your sourcing and B2B sales processes. 21Brains runs in the cloud and in your pocket with the sourcing app. With 21Brains you get rid of all the Excel files and emails in your trading activities.

Average Rating: 4.5/5.0

Total Reviews: 1

Acquirell

Acquirell is a procurement technology suite solution tailored to Small and Mid-Market businesses that allows increasing the real value through the procurement process automation within one system. The product solves the following problems that SMB faces in terms of procurement: *Inability to manage the procurement process with traditional tools like Excel and paper sheets. *Inability to manage company’s purchasing requirements due to complexed approval processes. *Significant time waste due to manual execution of all procurement processes including sourcing events. *Miscommunication within a company and with the suppliers due to inconvenient use of various communication channels. Acquirell possesses the following modules that allow to solve problems mentioned above: REQUIREMENTS PLANNING Collect and manage purchase requisitions from all departments and employees in order to get rid of complicated need approval algorithms and purchasing of superfluous items. E-PURCHASING Automate PO creation and approval by the controllers with a fully integrated procurement system to reduce rework and errors. CONTRACT LIFECYCLE MANAGEMENT Ensure compliance through automating all stages of working with contracts to reduce time consumption and minimize errors by virtue of the manual workflow elimination. E-SOURCING Source the strategic key items at the best offering through conducting instant e-sorcing events: forward auctions, reverse auctions, Dutch auctions, and RFx events. SUPPLIER BASE MANAGEMENT Document all supplier communications and relationships within one database and develop real strategic relations with the qualified suppliers. SPEND ANALYTICS Automate data collection to calculate procurement expenses. Track and control the expenses in order to adjust the procurement strategy.

Average Rating: 4.5/5.0

Total Reviews: 1

APTSE

Arkestro

Arkestro is the leading Predictive Procurement Orchestration platform. Built to amplify the impact of procurement’s influence, Akestro customers deliver a 2-5x lift on cost savings from everyday purchasing and sourcing cycles. Top enterprises leverage Arkestro’s behavioral science, game theory and machine learning to predict and win faster value in every category of addressable spend. Learn more at arkestro.com

Average Rating: 5.0/5.0

Total Reviews: 11

ASTRAS

ASTRAS optimally supports the interaction of systems, requirement sources, and decision makers in purchasing.

Auxionize

Auxionize is a B2B procurement platform with an integrated marketplace that enables companies to purchase products and services in reverse bidding auctions. Its main features are a detailed product/service catalogue, bundle catalogue(IPS catalogue), and buyer and seller nomenclatures. It covers every aspect of the buying process from requirements specification through RFx and negotiation all the way to P.O. and delivery. It creates value by optimizing spending and introducing a high degree of transparency in corporate deals.

AWARD®

Our AWARD® software has been specially designed to support complex, high risk strategic procurement projects. Complemented by our services and training, the AWARD® software provides a unique solution to overcome the challenges you’ll face in your role on a complex procurement. Trusted by organisations across the globe such as the UK MOD, Infrastructure Ontario, NHS, Rail Projects Victoria and Canadian DND, the AWARD® software: - Provides a transparent audit trail to help protect your decision from scrutiny - Ensures your evaluation process is robust, considered and effective - Provides secure dataroom functionality for efficient document management - Is regularly updated with new functionality and features to reflect changing user needs and changes in procurement regulations - Allows easy management of dispersed and remote users, saving travel time and costs - Is proven to shorten time to contract, improve value for money, and reduce risks – so that you can deliver the best possible outcome Available as a secure Software as a Service, AWARD® is quick and easy to implement, and can readily support any current processes or procedures you’d like to follow. As an AWARD® user you’re fully supported by the Commerce Decisions team, with a dedicated help desk, bank of expert consultants, and a range of training courses to keep you to speed with best practice user tips. The AWARD® suite includes a range of flexible modules to create the perfect solution for you.

beschafft.at

beschafft.at is a tendering (RFQ) platform for small and mid-sized companies. Upload your bill of quantities as PDF, Excel or photo — AI turns it into structured line items that you review and confirm. Invite your own suppliers with a personal link: they submit their quotes directly in the browser, without an account and without a password, optionally in English. All quotes appear side by side in a line-by-line price comparison with the best price per item highlighted, net and gross separated, alternative items flagged. The platform handles reminders, bidder questions, partial awards by lot, award and rejection emails, the purchase order PDF and a complete audit trail. Paid plans add a second bidding round, reverse auctions, price history and anonymous market benchmarks. Free plan available, suppliers never pay. Hosted in Europe, GDPR-compliant.

BoB eSourcing

Dynamic Sourcing engine which encompasses all your sourcing requirements. Negotiate with your vendors with 850+ permutations & combinations, which cover most real-world scenarios that you may encounter. Template system to devise the strategy and ensuring your buyer teams can replicate the strategies, whilst saving time. We also have BoQ based reverse auction, which works with your format of BoQ and allows you to negotiate line items in real-time across multiple vendors. Simple and easy to use Interface with a short learning curve for your vendors and users.

Bright Source

Deposco's Bright Source improves inventory management and offers extended network sourcing. Avoid stock-outs and utilize drop-ship and crossdock fulfillment strategies to offer products faster.

BusinessBid

BusinessBid offers an end-to-end eProcurement Software. It is built by procurement professionals for procurement experts. It is native to the cloud and can be accessed on any mobile phone. - Easily automate sourcing and purchasing processes & eliminate paper - Save time - Achieve bottom-line savings and automate the entire Procurement cycle - Customized to fit your requirements and easy to implement eSourcing | eRFX and Auction | Requisitions | Electronic Approvals | Historical Reporting | PO Creation & Conversion | Receiving - 2 Way Match | Invoice Matching - 3 Way Match | Contract Management | Supplier Management | Inventory Management