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Description

Incorporate BiSourcing into various stages of your operations by enabling modules according to your company's needs. This innovative approach swiftly adjusts to your organization’s processes and protocols, yielding numerous advantages that enhance both workflow and interactions among sourcing team members. By significantly decreasing the overall time required for your processes, you can make much more effective use of your available resources. Engage in productive negotiations with suppliers to secure the best market prices through competitive bidding environments. Gain real-time insights regarding efficiency metrics, expense distribution, and supplier performance to inform your strategies. Additionally, strengthen communication with internal departments and external parties, including suppliers and regulatory bodies, to streamline operations. Ultimately, leveraging our extensive expertise will not only optimize your processes but also foster better relationships within your team and with external stakeholders.

Description

Stimulus leverages data and analytics to assist companies in making improved purchasing decisions that prioritize diversity, equity, and inclusion. The existing method for searching, selecting, and assessing suppliers is cumbersome and lacks efficiency. There is currently no standardized set of criteria or methodology for evaluating suppliers or identifying alternative options. Within the Stimulus ecosystem, businesses can discover qualified suppliers. By utilizing the Stimulus API, organizations can aggregate data from multiple sources, ensuring a unified source of truth. Additionally, it enables effective management of supplier relationships by monitoring expenditure, ongoing projects, and their status—whether considered, qualified, shortlisted, or awarded. With the capability to create projects tailored to specific goals and criteria, businesses can assess vendors' performance comprehensively throughout the entire process, enhancing decision-making and outcomes. Ultimately, this approach streamlines procurement and fosters a more inclusive supply chain.

API Access

Has API No 

API Access

Has API Yes 

Screenshots View All

Screenshots View All

Integrations

SAP Business One Yes 

Integrations

SAP Business One No 

Pricing Details

No price information available.
Free Trial No 
Free Version No 

Pricing Details

No price information available.
Free Trial No 
Free Version No 

Deployment

Web-Based Yes 
On-Premises No 
iPhone App No 
iPad App No 
Android App No 
Windows No 
Mac No 
Linux No 
Chromebook No 

Deployment

Web-Based Yes 
On-Premises No 
iPhone App No 
iPad App No 
Android App No 
Windows No 
Mac No 
Linux No 
Chromebook No 

Customer Support

Business Hours Yes 
Live Rep (24/7) No 
Online Support Yes 

Customer Support

Business Hours No 
Live Rep (24/7) No 
Online Support Yes 

Types of Training

Training Docs Yes 
Webinars Yes 
Live Training (Online) No 
In Person Yes 

Types of Training

Training Docs No 
Webinars No 
Live Training (Online) Yes 
In Person No 

Vendor Details

Company Name

Aracniastudios

Founded

2003

Country

Colombia

Website

www.bisourcing.com

Vendor Details

Company Name

Stimulus

Founded

2017

Country

United States

Website

getstimulus.io

Product Features

Auction

Absentee Bidding No 
Alerts/Notifications Yes 
Bid Management Yes 
Billing & Invoicing No 
Buy Now Option No 
Dutch Auction No 
Inventory Management No 
Live Auction Yes 
Membership Management Yes 
Nonprofit / Fundraising No 
Online Auction Yes 
Online Bidding Yes 
Online Ticket Sales No 
Proxy Bidding No 
Reverse Bidding Yes 
Silent Auction Yes 
Watch List Yes 
Website Management Yes 
White Label No 

Contract Management

Buy Side (Suppliers) No 
Completion Tracking No 
Compliance Tracking Yes 
Contract Lifecycle Management Yes 
Electronic Signature No 
Full Text Search No 
Government Contracts Yes 
Pre-built Templates Yes 
Sell Side (Customers) No 
Specialty Contracts No 
Version Control No 
Workflow Management No 

Demand Planning

Capacity Planning No 
Data Visualization Yes 
Historical Reporting Yes 
Inventory Optimization No 
Planned vs Actual Tracking No 
Product Introduction Planning No 
Promotions Management No 
Replenishment Management No 
Sales Forecasting No 
Supply Forecasting Yes 

Procurement

Asset Management No 
Auction Management Yes 
Bid Management No 
Budget Management No 
Catalog Management Yes 
Contract Management Yes 
Inventory Management No 
Invoice Processing Yes 
PunchOut No 
Purchase Order Management Yes 
Receiving Yes 
Requisitions & Approvals Yes 
Sourcing Management Yes 
Spend Management Yes 
Supplier Management Yes 

Purchasing

Catalog Management No 
Compliance Management Yes 
Contract Management Yes 
Inventory Management No 
Invoice Processing No 
PunchOut No 
Purchase Order Management Yes 
Requisitions & Approvals Yes 
Sourcing Management Yes 
Spend Management No 
Supplier Management Yes 

Sourcing

Auction Management Yes 
Budget Management No 
Collaboration Yes 
Global Sourcing Management Yes 
Rfx Management Yes 
Spend Management Yes 
Supplier Management Yes 
Supplier Qualification Yes 
Supplier Risk Management Yes 
Supplier Web Portal Yes 
Template Management Yes 

Vendor Management

Audit Management Yes 
Contact Management Yes 
Customer Database No 
Self Service Portal Yes 
Supplier Master Data Yes 
Transaction History Yes 
Vendor Maintained Profiles No 
Vendor Managed Inventory Yes 
Vendor Performance Rating Yes 
Vendor Qualification Tracking Yes 

Product Features

Purchasing

Catalog Management No 
Compliance Management No 
Contract Management No 
Inventory Management No 
Invoice Processing No 
PunchOut No 
Purchase Order Management No 
Requisitions & Approvals No 
Sourcing Management No 
Spend Management No 
Supplier Management No 

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