About Sourceit
Sourceit is a procurement software from Alveo Pty Ltd that helps organizations achieve optimal procurement outcomes. It combines automated 5 bid processes, project and supplier management, and workflows to help users conduct sourcing events easily, so organizations can reduce marketing costs by 20% or more. Sourceit also provides automated order and purchase order creation, helping to simplify procurement activities. With its reliable features, users can efficiently manage their sourcing events and supplier relationships while reducing costs. Key capabilities: automated 5 bid process project and supplier management workflows for sourcing events automated order and PO creation cost reduction strategies Best for: organizations that need effective procurement management and cost reduction solutions.
Sourceit by Alveo Pty Ltd is a cloud-based procurement software meticulously designed to simplify and enhance the sourcing and procurement processes for businesses. The software stands out for its focus on streamlining the Request for Quote (RFQ) process, enabling users to manage procurement activities with greater efficiency and precision. This robust solution incorporates a range of features that collectively address various aspects of procurement management, making it a comprehensive tool for organizations with diverse needs. The interface of Sourceit is a significant strength, characterized by its user-friendly and intuitive design. The layout is clean and well-organized, which facilitates easy navigation and access to essential tools and features. Customizable dashboards and drag-and-drop functionality are key design elements that further enhance the user experience. This thoughtful design minimizes the learning curve for new users, allowing them to get started with minimal training. Users have praised Sourceit for its ease of use, which is crucial for maintaining productivity and ensuring a smooth transition to the new system. Functionality is where Sourceit truly excels.
Pros & Cons
- +Simplifies the sourcing process.
- +Transparent and easy-to-use interface.
- +Significant cost savings.
- +Comprehensive supplier and inventory management.
- −Limited information on the total number of integrations.
- −No specific mention of an in-app marketplace.
Features
Key features
- 1. RFQ and RFP Management
- Simplifies the process of requesting and managing quotes and proposals.
- 2. Supplier Management
- Helps in managing and evaluating suppliers.
- 3. Order and PO Creation
- Automated creation of orders and purchase orders.
- 4. Inventory Management
- Provides complete visibility of inventory, on-demand, and web-to-print orders.
- 5. Cost Reduction
- Aims to reduce marketing costs by 20% or more.
- 6. Compliance Improvement
- Centralized catalog for all product ordering to improve compliance.
- 7. Workflow Automation
- Automated workflows for sourcing events.
Additional features
- 1. Transparent price comparison
- 2. Faster decision making
- 3. Measurable savings on every RFQ
- 4. Collaboration and file sharing with suppliers
- 5. Inventory management
- 6. Automated alerts and approvals
- 7. Integration with other apps and software
Pricing
Countries & Languages
Interface languages
Billing currencies
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About Sourceit
Sourceit is a procurement software from Alveo Pty Ltd that helps organizations achieve optimal procurement outcomes. It combines automated 5 bid processes, project and supplier management, and workflows to help users conduct sourcing events easily, so organizations can reduce marketing costs by 20% or more. Sourceit also provides automated order and purchase order creation, helping to simplify procurement activities. With its reliable features, users can efficiently manage their sourcing events and supplier relationships while reducing costs. Key capabilities: automated 5 bid process project and supplier management workflows for sourcing events automated order and PO creation cost reduction strategies Best for: organizations that need effective procurement management and cost reduction solutions.
Sourceit Details
Sourceit's In-App Market Place
Does Sourceit have an in-app market place?
Yes
How many Mini-Apps in the marketplace?
2
Mini Apps
1. RFQ Management: Tools for managing Request for Quotes.
2. RFP Management: Tools for managing Request for Proposals.
Pricing Options
Accepted Payment Currencies
Usd ($), Eur (€), Gbp (£), Jpy (¥), Aud (A$), Cad (C$), Chf (Fr), Cny (¥), Inr (₹), Rub (₽)
Pros & Cons
- Simplifies the sourcing process.
- Transparent and easy-to-use interface.
- Significant cost savings.
- Comprehensive supplier and inventory management.
- Limited information on the total number of integrations.
- No specific mention of an in-app marketplace.
Sourceit's Support Options
Contact
+61 424 154 705Documentation
https://sourceithq.com/insights/Community Forums
https://sourceithq.com/partners/Sourceit's Alternatives
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