About Sourcing Force
A cloud-based Source-to-Pay suite that automates procurement processes, including supplier management, contract management, and spend analysis. It integrates with major ERP systems to streamline purchasing workflows and manage tail spend.
Sourcing Force is a comprehensive Source-to-Pay platform designed to digitize procurement operations, with a specific focus on managing tail spend and class C purchases. The software provides a modular cloud-based environment that includes supplier management, contract lifecycle management, and spend analytics. By integrating natively with major ERP systems such as SAP, Oracle, and Coupa, it allows procurement teams to maintain existing workflows while gaining centralized control over purchasing data. The platform is particularly noted for its AI-driven automation, which assists in validating supplier compliance and streamlining the procure-to-pay cycle. Pricing is transparent, based on a per-user model, making it accessible for mid-market and enterprise organizations looking to reduce maverick spend and improve operational efficiency.
Pros & Cons
- Automates complex procurement workflows to reduce manual administrative tasks.
- Provides deep visibility into spending patterns through integrated analytics.
- Offers native integration with major ERP systems for seamless data flow.
- Simplifies supplier management with a centralized, collaborative directory.
- Requires a minimum monthly spend commitment for access.
- Configuration and integration with legacy systems may require professional implementation support.
- Pricing model is per-module, which can increase costs as more functionality is added.
Features
Key features
Centralizes supplier data and performance metrics in a collaborative directory.
Tracks supplier contracts and compliance terms within a unified platform.
Provides real-time visibility into procurement spending patterns to identify cost-saving opportunities.
Integrates approval circuits directly with ERP systems for streamlined purchasing.
Supports hosted and punchout B2B catalogs for simplified requisitioning.
Additional features
Tracks departmental spending against budgets with automated alerts.
Facilitates the creation and management of requests for information, proposals, and quotes.
Automates the processing and reconciliation of supplier invoices.
Enables digital signing of contracts and procurement documents.
Provides mobile-friendly access to procurement tasks and approvals.
Tracks and scores supplier performance based on delivery and quality metrics.
Offers native connectivity with major ERP systems like SAP, Oracle, and Sage.
Pricing
Monthly plans
Price per user/module/month. Minimum monthly spend of 200 EUR.
Source: vendor pricing page →Countries & Languages
Interface languages
Billing currencies
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About Sourcing Force
A cloud-based Source-to-Pay suite that automates procurement processes, including supplier management, contract management, and spend analysis. It integrates with major ERP systems to streamline purchasing workflows and manage tail spend.
Sourcing Force Details
Sourcing Force's In-App Market Place
Does Sourcing Force have an in-app market place?
Yes
How many Mini-Apps in the marketplace?
12
Mini Apps
1. Supplier Connect: An add-on that allows users to easily connect with suppliers and manage supplier relationships within the Sourcing Force platform.
2. Contract Management: This mini-app helps users efficiently manage contracts with suppliers
track important dates
and ensure compliance with agreed-upon terms.
3. Spend Analysis: A plugin that provides users with detailed insights into their organization's spending patterns
helping to identify cost-saving opportunities and optimize procurement strategies.
4. Supplier Performance Management: This add-on enables users to track and evaluate supplier performance based on key metrics such as delivery times
quality of products
and customer service.
5. Inventory Management: A mini-app that helps users keep track of their inventory levels
streamline purchasing processes
and avoid stock shortages or overstock situations.
Pricing Options
Plans
Monthly plans
Price per user/module/month. Minimum monthly spend of 200 EUR.
Source: vendor pricing page →Accepted Payment Currencies
USD ($), EUR (€), GBP (£), JPY (¥), CAD (C$), AUD (A$), CHF (CHF), CNY (CN¥), SEK (kr), NOK (kr), DKK (kr), HKD (HK$), SGD (S$), INR (₹), BRL (R$), RUB (₽), MXN (Mex$)
Pros & Cons
- Automates complex procurement workflows to reduce manual administrative tasks.
- Provides deep visibility into spending patterns through integrated analytics.
- Offers native integration with major ERP systems for seamless data flow.
- Simplifies supplier management with a centralized, collaborative directory.
- Requires a minimum monthly spend commitment for access.
- Configuration and integration with legacy systems may require professional implementation support.
- Pricing model is per-module, which can increase costs as more functionality is added.
Sourcing Force's Support Options
Email Address
support@sourcing-force.comContact
+1 (888) 792-2815Documentation
https://sourcing-force.com/resources/Community Forums
https://sourcing-force.com/community/Chatbot
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