Strategic Sourcing Software

Strategic Sourcing

What is Strategic Sourcing Software?

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.

Common Features

  • Procurement Management
  • Workflow Management
  • Supplier Management
  • Catalog Management
  • Contract Management
  • Communications
  • Spend Analysis
  • ERFx
  • Capacity Management
  • Auction Management

Top Strategic Sourcing Software

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At SoftwareReviews, we take pride in recognizing excellence. Each year, we present the Emotional Footprint Awards to top-performing software products based solely on authentic user reviews, without any paid placements or analyst opinions. These awards shine a spotlight on software vendors who excel in crafting and nurturing strong customer relationships.

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Products: 7
Next Award: Feb 2026

Top Strategic Sourcing Software 2025

Product scores listed below represent current data. This may be different from data contained in reports and awards, which express data as of their publication date.

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Products below are ineligible for awards due to insufficient recent reviews

Vendorful

Vendorful

Composite Score
7.2 /10
CX Score
7.5 /10

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.

Scorecard

Pros

  • Performance Enhancing
  • Enables Productivity
  • Efficient Service
  • Effective Service

Operationalize your sourcing environment by fostering competition, encouraging value-add from your suppliers and delivering truly sustainable results.

Scorecard

Pros

  • Inspires Innovation
  • Respectful
  • Continually Improving Product
  • Generous Negotitation

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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.

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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.

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Supply chains are facing a new era of uncertainty. To ensure that your products get to the people who need them, Luminate® Planning leverages a powerful digital twin foundation to intelligently predict potential problems and opportunities, offer machine learning-based recommendations for action, and pivot production, inventory, and labor plans to minimize risk and deliver with confidence.

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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.

Mercell

Mercell

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Mercell is a leading digital platform for public eTendering and has recently entered the eProcurement market. The company has approximately 1,000 pre-award buyers, more than 330 post-award buyers and close to 16,000 suppliers as customers.

QStrat

QSTRAT

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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.

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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.

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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.