Sourcing Software
Streamline RFQs, Bids & Auctions with a Unified Procurement Sourcing Software Powered on Microsoft 365.
Why Sourcing Software?
Sourcing software digitizes the entire process-finding suppliers, collecting bids, and awarding contracts—saving enterprises from 2X at-risk revenue losses tied to manual workflows.
Microsoft 365-native security
(Your Data Within Your Microsoft Tenant)
Plug & play setup
(go live in < 7 days)
Bidding-specific workflows
(RFQs, eAuctions, supplier collaboration)
What You Can Do with Our Sourcing Software
RFI-RFP-RFQ Management
Manage bids start-to-finish with tools for creating RFQs, inviting vendors, and tracking submissions. Automate approvals, compare bids side-by-side, and store documents securely in SharePoint. Reduce errors and save time with pre-built templates and real-time vendor dashboards.
Know MoreReverse Auction
Run reverse auctions where suppliers compete to lower prices. Track bids in real time, set extension rules, and award contracts to the most cost-effective vendor. Ideal for procurement teams targeting 15–30% cost savings on indirect spend.
Know MoreItemized Bidding
Break bids into line items (materials, labor, logistics) for precise cost comparisons. Evaluate vendors per item, negotiate better rates, and award contracts flexibly. SharePoint integration ensures data security and audit compliance. Enhance transparency and drive better negotiations.
Know MoreCore Features of Our eSourcing Software
Quick RFQ With Pre-Built Templates
Launch RFQ processes fast by using built-in templates that reduce manual entry.
Bid Evaluations & Scoring
Compare supplier bids with side-by-side weighted scores based on your key criteria.
Intelligent Automated Workflows
Ensure every step in the bidding process is handled automatically, saving you time and reducing errors.
Institutive Dashboard & Reporting
View real-time status, analyze bid trends, and access detailed reports all on one central dashboard.
Communication & Collaboration
Chat with team members and suppliers, share documents, and post announcements directly through the platform.
Import Supplier Data from Excel
Quickly upload your supplier list from Excel to get your bid process up and running without extra work.
Dedicated Supplier Portal
Give suppliers their own secure area to submit bids and check on updates, keeping interactions organized.
User Roles & Permissions
Control who sees and does what within the system by setting precise access levels for different team members.
Log Management & Audit Trails
Track every action and change with detailed logs, making it simple to review or audit your sourcing process.
Privacy & Confidentiality
Keep bids hidden until approved—only designated users can view proposals after the due date.
Personalization & Branding
Customize the platform to reflect your company’s look and feel with your own branding elements.
Centralization Of Data
Store all bid-related information in one secure place, making it easy to access and manage throughout the process.
Integrated Procurement Platform: Connect, Control, Optimize
Seamlessly integrate your existing systems for complete visibility and control over your entire procurement process
to remove m365 and add something custom to denote sourcing software and add pre bid and post bid around in webbed
Enterprise-Grade Security & Compliance, Built-In
Ready to Improve Your Procurement?
Try It for Free:
7-Day Free Trial: No credit card required.
FAQs
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