Compare and Evaluate
Strategic Sourcing
Strategic Sourcing software provides procurement solutions that continuously improves the purchasing activities of a company. Features include capacity management, contract management, purchasing and procurement management, and more.
The Data Quadrant is a thorough evaluation and ranking of all software in an individual category to compare platforms across multiple dimensions.
These include:
- User Satisfaction Rankings
- Business Value Scores
- Vendor Capability Comparisons
- Product Feature Evaluations
The Emotional Footprint is a powerful indicator of overall user sentiment toward the relationship with the vendor, capturing data across five dimensions.
These include:
- Strategy and Innovation
- Service Experience
- Conflict Resolution
- Product Impact
- Negotiation and Contract
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Latest Research
Evaluating vendor proposals is one of the most critical aspects of the RFP process, secondary only to negotiations. The ironic thing is that we've seen too many clients try to abbreviate this activity, take short cuts, or even avoid it altogether. Providing ample time for your team to review the vendor RFP responses is critical to a quality review process, while not rushing the evaluation process ensures that you understand their complete offer and proposal.
If you are experiencing pressure to lower your IT expense, a reverse auction might be a quick, efficient answer to ensure you are getting a competitive price.
A Citrix vulnerability first discovered on December 17, 2019 is being continually exploited by ransomware attackers despite patching attempts by Citrix.
Strategic Sourcing Products
sourceit
sourceit market
Sourceit market is a proven solution that simplifies the procurement process for marketing buyers and delivers cost savings of between 14% and 39%. Buyers can access a comprehensive library of intuitive quote specification templates and the tools to manage supplier bids, award jobs and manage projects from a single dashboard.
8.6
Composite Score
8.9
CX Score
+87
Emotional Footprint
92%
Likeliness to Recommend
10
Reviews
SAP
SAP Ariba
Discover qualified suppliers, speed up your sourcing cycles, and create the most competitive, best-value agreements for rapid, sustainable savings.
8.5
Composite Score
8.8
CX Score
+88
Emotional Footprint
90%
Likeliness to Recommend
21
Reviews
Oracle E-Business Suite
Oracle Sourcing Cloud
Oracle Sourcing is the enterprise application that drives more and better sourcing through online collaboration and negotiation. It is a key component of Oracle Advanced Procurement, the integrated suite that can dramatically cut all supply management costs. Because strategic sourcing is typically time-consuming and complex, few organizations are able to exploit all available sourcing opportunities. Oracle Sourcing increases the sourcing bandwidth of procurement professionals, so they can exploit many more savings opportunities and capture more value from each.
8.0
Composite Score
8.4
CX Score
+84
Emotional Footprint
79%
Likeliness to Recommend
18
Reviews
GEP Worldwide
GEP SMART Procurement Software
GEP is one of the leading providers of strategic sourcing services in the world. Every year, we help hundreds of organizations save billions in spend. Staffed by experienced category specialists, our sourcing teams get sustainable results fast – real results that improve the bottom line and create competitive advantage.
7.3
Composite Score
7.6
CX Score
+75
Emotional Footprint
69%
Likeliness to Recommend
11
Reviews
Scanmarket.com Ltd
Scanmarket Platform
Scanmarket is one of few strategic sourcing solution providers capable of delivering innovative yet user-friendly quality technology, combined with solid execution, support & services
9.1
Composite Score
9.5
CX Score
+99
Emotional Footprint
96%
Likeliness to Recommend
5
Reviews
Zycus Inc
Zycus Strategic Sourcing Suite
Our comprehensive product portfolio includes applications for both the strategic and the operational aspects of procurement - eProcurement, eInvoicing, Spend Analysis, eSourcing, Contract Management, Supplier Management and Financial Savings Management.
--
Composite Score
8.8
CX Score
+100
Emotional Footprint
94%
Likeliness to Recommend
2
Reviews
Ivalua Inc
Ivalua Strategic Sourcing
The Ivalua Strategic Sourcing solution provides a comprehensive, intuitive and collaborative toolset to automate sourcing of 100% of your spend no matter how simple or complex, tactical or strategic the sourcing process is.
--
Composite Score
7.6
CX Score
+62
Emotional Footprint
83%
Likeliness to Recommend
2
Reviews
QStrat
QStrat QLM Sourcing
Increase your profitability by using the cloud-based solution that’s trusted by leading automotive manufacturers, suppliers, and distributors. With users in over 22 countries and more than $5 Billion in RFQs issued, QLM Sourcing is built for the enterprise.
--
Composite Score
--
CX Score
--
Emotional Footprint
--
Likeliness to Recommend
0
Reviews
ProcureWare
ProcureWare Platform
eBid eXchange is a flexible tool for managing Requests for Information (RFIs), Requests for Proposal (RFPs), Reverse Auctions, and Forward Auctions. It is powerful enough for the procurement professional yet simple enough for the casual user. The time has come to move beyond email and spreadsheets to efficiently engage suppliers for sourcing events, analyze supplier responses, and make smart award decisions. With an e-sourcing solution, you can promote competitive bidding among your vendors to drive down costs.
--
Composite Score
10.0
CX Score
+100
Emotional Footprint
89%
Likeliness to Recommend
1
Reviews
PROACTIS Holdings Plc
Proactis Source-to-Contract
PROACTIS procurement solutions provide a framework of sourcing, contract, catalogue, and supplier management capabilities that enable you to leverage your organisation’s full buying power, gain best value agreements, and maximise the percentage of “spend under management” across all categories of spend.
--
Composite Score
--
CX Score
--
Emotional Footprint
--
Likeliness to Recommend
0
Reviews
Xeeva Inc
Xeeva Sourcing Software
Operationalize your sourcing environment by fostering competition, encouraging value-add from your suppliers and delivering truly sustainable results.
--
Composite Score
6.0
CX Score
+38
Emotional Footprint
89%
Likeliness to Recommend
1
Reviews
Determine Inc
Determine Strategic Sourcing
Our solutions empower you to make informed decisions for maximizing sourcing efforts. Take advantage of seamless integration between spend analytics, sourcing and supplier information for an uninterrupted flow of information throughout the entire strategic sourcing process.
--
Composite Score
--
CX Score
--
Emotional Footprint
--
Likeliness to Recommend
0
Reviews
Vortal
Vortal Platform
VORTAL is an international leading eSourcing and eProcurement platform for the public and private sector, which connects thousands of buyers with an international network of qualified suppliers.
--
Composite Score
8.8
CX Score
+100
Emotional Footprint
89%
Likeliness to Recommend
1
Reviews
JDA/BlueYonder
Blue Yonder Platform (formerly JDA)
JDA® Strategic Sourcing enables your company to determine and execute the optimal sourcing strategy for each commodity and supplier, reducing both supply risk and total cost. JDA Strategic Sourcing provides procurement professionals with the ability to access and analyze global demand and spend allocation, inventory, supplier capability and performance, as well as contract compliance to balance the supply base to an optimal number of well-managed supplier partners.
--
Composite Score
8.8
CX Score
+100
Emotional Footprint
89%
Likeliness to Recommend
1
Reviews
Coupa Software Inc
Coupa Strategic Sourcing Management
Uncover new sourcing opportunities. Consolidate your spend. Choose the right suppliers. Turn paper savings into cash savings with every purchase.
--
Composite Score
--
CX Score
--
Emotional Footprint
--
Likeliness to Recommend
0
Reviews
Corcentric, LLC
Corcentric Strategic Sourcing
Our end-to-end strategic sourcing services empower clients in every industry to improve their vendor and stakeholder relationships, realize cost savings, and take a more strategic approach to spend across all direct and indirect categories.
--
Composite Score
--
CX Score
--
Emotional Footprint
--
Likeliness to Recommend
0
Reviews
JAGGAER Inc
Jaggaer Sourcing
Putting you on the path to savings & efficiency with a robust platform to manage all your sourcing processes.
--
Composite Score
--
CX Score
--
Emotional Footprint
--
Likeliness to Recommend
0
Reviews
Scout RFP Inc.
Scout Sourcing
Fast, simplified sourcing with limitless impact. Designed to work the way you do, no matter the complexity or category. Digitize sourcing, streamline supplier selection, and accelerate decisions that maximize ongoing business impact.
--
Composite Score
--
CX Score
--
Emotional Footprint
--
Likeliness to Recommend
0
Reviews
Synertrade Inc
Synertrade Source to Contract
Accelerate Source to Contract Apps help you streamline the digital procurement process from the initial phases of your strategic sourcing to the management of your vendor contracts lifecycle. Synertrade’s eProcurement software is designed to maximize savings and compliance, providing you with flexible solutions, such as procurement planning and contract management.
--
Composite Score
--
CX Score
--
Emotional Footprint
--
Likeliness to Recommend
0
Reviews
Vendorful
Vendorful Strategic Sourcing
Vendorful was built on top of a real-time strategic sourcing template so collaboration isn't just an afterthought. It's in the product's DNA.
--
Composite Score
--
CX Score
--
Emotional Footprint
--
Likeliness to Recommend
0
Reviews
Wax Digital
Wax Digital Web3 Software
Find the best suppliers, accelerate sourcing cycles, manage current and future savings and build a secure online contracts repository, all in one intuitive software suite. Streamline your day-to-day processes – from tendering and auctions, to contract management and spend analysis.
--
Composite Score
--
CX Score
--
Emotional Footprint
--
Likeliness to Recommend
0
Reviews
All Research
Evaluating vendor proposals is one of the most critical aspects of the RFP process, secondary only to negotiations. The ironic thing is that we've seen too many clients try to abbreviate this activity, take short cuts, or even avoid it altogether. Providing ample time for your team to review the vendor RFP responses is critical to a quality review process, while not rushing the evaluation process ensures that you understand their complete offer and proposal.
If you are experiencing pressure to lower your IT expense, a reverse auction might be a quick, efficient answer to ensure you are getting a competitive price.
A Citrix vulnerability first discovered on December 17, 2019 is being continually exploited by ransomware attackers despite patching attempts by Citrix.
Project Zero is changing its vulnerability disclosure policy to give software developers more time to patch vulnerabilities. The policy is now shifted to a stringent 90-day policy.
Can a vendor management initiative influence organizational performance? The concise answer to this question is yes. However, this influence doesn’t occur overnight.
Cybersecurity firm Bishop Fox identified eight vulnerabilities in ConnectWise’s remote control and remote access software.
Announced on December 31, 2019, BeyondTrust named Tenable as the successor to its Vulnerability Management suite.
On January 15, 2020, the Department of Defense (DoD) issued an open call to vendors to fulfill a contract to help improve their technology and inventory management.
Whether you are using Info-Tech’s Commodity, Operational, Strategic, Tactical (C.O.S.T.) model to classify your vendors or you arbitrarily label high spend/critical vendors as strategic, it begs the question: “Does your vendor truly view you as a strategic customer?”
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