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Build stronger and faster suppliers relationships
Source-to-Pay and Digitization for Automotive Industries
At all times, the automotive sector has to deal with fast innovations and disruptive technologies. Suppliers have to ensure flexibility in the supply chain as well as manage costs, risk, and regulation. As supplier management evolves, agility becomes a big priority, and Procurement is well-positioned to achieve a significant impact in the Automotive Sector.
Sourcing Force transforms your sourcing processes
360°
Team members have direct access to the platform and get a 360° view into resources, suppliers and spend
1 000
Over a thousand users including leading companies have integrated our tools for their digitization
30%
That’s how much you can save by choosing our e-procurement suite for your automotive organization
« Our procurement modules have been developed and customized with Sourcing Force through a really effective collaboration. We use it on a daily basis ever since. »
Procurement Manager
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Automotive and Digitization
Learn how you can adopt industry best practices for your automotive organization by using a proven technology framework. Start Sourcing Force solutions and drive ROI by collaborating with our procurement experts and find the solutions you need to build a connected business.
Learn more about how Sourcing Force simplifies processes for the automotive industry
Procurement and Analytics
Streamline your procurement processes, reduce risk, and gain greater visibility and control over costs. Our smart sourcing solutions and data driven spend analysis can help you automate workflows, facilitate collaboration with suppliers for your Automotive company.
Learn how automotive organizations use our Strategic Sourcing tools
Achieve Procurement Strategies
Simplify your workflow
Sourcing Force combines multiple tool into one and allows your company to reduce paperwork and streamline your contract processes
Eliminate human error
Enter data manually like invoices, PO’s or deliveries can be a nightmare and turn into a potential mess. Without any automation tool, each purchase may go through several manual processes and you might easily lose track of some key data eventually. Sourcing Force helps your business organize and build well-defined automated workflows
Rationalize decision-making
Achieve much of the decision-making workflow with almost no effort. Sourcing Force brings your procurement strategy transparency, procurement managers know exactly who placed a request and what vendor is providing the resources.
Achieve cost savings
Sourcing Force’s automation tools improve processing time and considerably minimize errors to help your organization save money and increase productivity. For instance, you will be able to avoid payment delays that could lead your company to interrupt workflows and ensure that all of your payment are processed on time using Sourcing Force
Collaborate with suppliers
Collaborate closely with your suppliers and create more value for your company. Sourcing Force collect data through a SPM solution that can help your business provide suppliers with an idea of what is important to your organization.
Why are E-Procurement strategies so important for Automotive Industries ?
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Latest Procurement Insights
Example of Spend Data Classification
The amount of detail in spend data differs between companies. What is a critical field to one industry may not matter to another. As our team builds classification rules, we look at any and all fields that contain useful information. Typical fields we may see...
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How Do You Define and Measure Accuracy in Spend Analysis?
A lot of spend analysis vendors use percentages when describing spend analysis and their capabilities. “Classified to >85% accuracy.” “Cleansed at 95% accuracy.” Or “Classified close to 100% accuracy.” At Sourcing Force we also use percentages to validate...
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What is Supplier Normalization in Spend Analysis?
This blog post focuses specifically on supplier normalization. What is Supplier Normalization? Supplier normalization is the process of taking supplier names with multiple spellings, mis-spellings, abbreviations, etc. and normalizing them (cleaning them up so...
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