Savings management

Source-to-Pay suite | More modules

Control your savings

Manage every aspect of your savings initiatives and gain a panoramic visibility to keep them on track. Sourcing Force’s Savings Management solution is an all-in-one spend optimization tool and helps your company sees their initiatives from one unique place to prioritize and compare.

Sourcing Force transforms your purchasing processes

165 K

Suppliers registered on our Source-to-Pay portal today

200 M

Over 200 million items  you can buy, all in three clicks on Sourcing Force

360°

360° view into resources, suppliers and spend in one dashboard

Achieve your savings goals

Total Cost Management

Optimize supply chain costs, reduce total life cycle ownership costs, and reduce or eliminate transaction costs to affect overall savings.

Supply Base

Increasing competition, restructuring relationships, and reorganizing a supply base helps cut costs.

Requisition-to-order cycle times

On average, have requisition-to-order cycle times of one to two days, which is more than half of their peer firms, with transactions costs that are 33% lower than all other enterprises.

Track your savings

And increase revenue 

Map out your goals and track your achievements monthly or annually with Sourcing Force. Not only the procurement management team can get a global view into savings tracking, but also identify areas where the company can make valuable improvements on and they will be thankful for it !

Savings forecasting

Powerful data to enrich your business

Sourcing Force savings management software gives you unprecedented insight into your procurement processes so you can validate accomplishments and communicate results. It helps you focus on key numbers so that you never lose track of your financial goals. Sourcing Force’s supplier management module helps you visualize they way you spend and identify new areas to reduce costs in a fully customized dashboard.

« We are really satisfied about our collaboration with Sourcing Force, the modules definitely suit our needs and keep evolving as we grow »

— Franck Bourquard E-Procurement Project Manager at LEM

Our very broad Strategic Sourcing functionalities

A Collaborative Suite That Empowers Your Sourcing Strategies 

Spend Analytics

Improve your spend culture ! Classify and get spend analysis every day and anytime with Sourcing Force…

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Request For Proposal 

Don’t miss out on opportunities because creating a request for bid, proposal or quote is a hard task…

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Contract Management

Having visibility into your contract portfolio helps you avoid risk and make better and faster decisions. 

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Supplier Performance

Sourcing Force helps organizations manage, evaluate, and compare suppliers. Users can use the …

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Savings Management

Manage every aspect of your savings initiatives and gain a panoramic visibility to keep them on track…

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Why are E-Procurement strategies so important ?

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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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