Cut costs and seize new opportunities with our Source-to-Pay suite
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Capture and realize savings
When lack of visibility can become a serious challenge for your organization, it’s important to identify areas where you can make valuable improvements on, and start automating key processes to minimize the time you spend on managing them. Don’t worry we’ve got you covered !
Three Pillars of Cost Savings
This is where companies can reduce consumption, consolidate spend and improve specifications.
Increasing competition, restructuring relationships, and reorganizing a supply base helps cut costs.
Total Cost Management:
Optimize supply chain costs, reduce total life cycle ownership costs, and reduce or eliminate transaction costs to affect overall savings.
Best-in-Class enterprises demonstrate the following performance benefits:
Requisition-to-order cycle times
« Sourcing Force really gave us the ability to quickly identify areas we needed to improve. For instance, before we integrated the Contract Management module, our contracts were handled manually, it was incredibly time-consuming and counter-productive for all of us. Now it’s all automated in the cloud and way more efficient. »
Purchasing & Sourcing Manager
Analytics & Procurement Process Map
Spot Bidding / Sourcing
Unified Invoicing Tools
“Source-to-Pay Solutions for Digital Transformation”
Key team members have direct access to the platform and get a 360° view into resources, suppliers and spend
Over a thousand users including leading companies have digitized their procurement experience with Sourcing Force
That’s how much you can save by choosing our e-procurement suite for your organization
The power of a complete, unified suite
Make saving across all spend categories
Hosted & Punchout catalogs
Load providers' catalogs in one central place and get key data to assess them directly from Sourcing Force.
Sourcing Events / Spot Bid
The best sources and prices at a glance. No more phone calls, automate sourcing and free up some time.
Store and manage contracts with vendors, leases, legal agreements etc..., be alerted, and reduce financial risks.
« Sourcing Force helped us manage our sourcing processes in the simplest way. We have speeded up our relationship with suppliers and overachieved regulatory compliance »
Why are E-Procurement strategies so important ?
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Latest Procurement Insights
Argentus has interviewed the co-founder of the Toronto Procurement Network (TPN) and Director of Market Development at Sourcing Force, Benoit Constanty. You can read the full article here. Preview: As recruiters specialized within Procurement, we consider it part...
There are different levels of analyzing your spend, ranging from basic spend analysis to advanced spend management. Consider the following scenarios: Company A: The procurement department reviews and analyzes their general ledger spend for 2019, compares...
I’ve noticed that there are a lot of terms being used with the word “spend” in them.Oftentimes one word can mean different things to different people at different companies. In an effort to eliminate confusion, here’s a central repository for Sourcing Force’s...