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SourceMatrix ERP

by SourceMatrix systems · Since 2019
No reviews yet
Active1+ countriesCloud
Quick facts
VendorSourceMatrix systems
Year launched2019
StatusActive
Location7771 W Oakland Park Blvd, Suite 152, Sunrise, FL 33351
Countries served1+
Languages1
Integrations3+
Free tier
Free trial
Contact salesYES

About SourceMatrix ERP

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Sourcematrixerp by Sourcematrix Systems is a highly specialized and comprehensive Enterprise Resource Planning (ERP) solution designed with a singular focus: to serve the unique needs of the electronic component distribution industry. Unlike general-purpose ERPs that attempt to be a one-size-fits-all solution, Sourcematrixerp is a purpose-built tool that meticulously addresses the pain points of its target audience, from sourcing and inventory management to quality control and customer relationship management. The software's greatest strength is its deep specialization. It's built by a team with over two decades of experience in the industry, and this expertise is evident in every module. A standout feature is the proprietary "Selective Sourcing™" technology, which is a significant differentiator in a market where finding the right parts at the right price is critical. This feature automates a traditionally manual process by using a company’s historical data and approved vendor lists to recommend suppliers, thereby streamlining operations and improving efficiency. The platform's real-time dashboard also provides a tailored view of key performance indicators, giving business owners instant, actionable insights into their operations.

Pros & Cons

What users like
  • +Specialized design for electronics parts distributors fills a market gap.
  • +Cloud-hosted, modern tech stack hosted on Microsoft Azure ensures scalability and reliability.
  • +Comprehensive operational coverage including inventory, purchasing, logistics, and CRM.
  • +Sales forecasting and returns management help close planning and fulfillment loops
What users flag
  • No apparent API or ecosystem, which limits integration flexibility.
  • Support limited to email, potentially slower than live channels.
  • Pricing transparency lacking: "Per feature" model means unknown cost structure.
  • Geographically limited presence: Primarily US-based, with unclear global reach.

Features

Key features

Selective Sourcing™
A proprietary technology that automates sourcing by using historical data and approved vendor lists to recommend the best suppliers.
Real-Time Dashboard
A dashboard that provides key performance indicators (KPIs) and analytical data specifically for electronic component distributors.
Fully Integrated Quality Control
A dedicated module to track quality inspection, record product grades, and manage the acceptance or rejection of parts.
Simplified Purchasing & Invoicing
Features like "one-click PO creation" and automated invoicing streamline the buying and selling process.
CRM with Task Management
A contact management module designed to simplify sales processes, track tasks, and manage the customer lifecycle.

Additional features

Purchasing
Simplifies the creation and tracking of purchase orders and vendor relationships.
Shipping & Invoicing
Ensures data integrity and real-time updates for shipping, invoicing, and payments.
Administration & Security
Provides role-based access permissions and a dedicated quality control module.
Quality Control
Tracks inspections, product grades, and manages RMAs (Return Merchandise Authorizations) and RTVs (Return to Vendor).
Accounting
Includes useful accounting features and a built-in QuickBooks™ interface.
Multi-Warehouse Management
Supports distributors with multiple warehouses, allowing detailed tracking of inventory down to the location, shelf, and bin.
Real-Time Web Updates (SignalR)
The system updates data asynchronously across all connected web clients in real time.

Pricing

Free trial
Free version
Request a quote
Promo Offer

Countries & Languages

1
Countries served
1
Interface languages
1
Billing currencies

Available in

Unites States

Interface languages

English

Billing currencies

🇺🇸USD

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