Average Ratings 1 Rating

Total
ease
features
design
support

Average Ratings 1 Rating

Total
ease
features
design
support

Description

RAIZ (Software as a Service), is a system that streamlines and manages sourcing operations. It is a comprehensive platform which connects brands, factories and suppliers using technologies such as EDI, API and AI. The system provides several modules that facilitate different aspects of sourcing. The Merchandiser Module helps with product planning and procurement as well as vendor management. The Order Follow-Up module tracks and manages all orders to ensure timely delivery and efficient communications with suppliers. The Shipping Management module manages logistics and tracking shipments. The system also includes an Accounting module that assists with financial management, as well as transactions related to sourcing. BI Tools (Business Intelligence Tools) provide data analysis for informed decisions. The Quality module is focused on the main aspects of quality.

Description

Sourcing Acumen is a cutting-edge eSourcing platform specifically designed to facilitate RFPs and eAuctions efficiently, with an emphasis on insight and strategic influence. Drawing from the experience of managing over 10,000 sourcing events, our platform seamlessly integrates user-friendly features with robust, built-in bid analysis, all structured within a consulting-oriented framework that promotes data-driven sourcing choices. We offer comprehensive capabilities that include highly adaptable bid sheets, ready-to-use bid analysis tools, dynamic award scenarios, supplier feedback mechanisms, RFI evaluations complete with weights and scores, and e-Auctions. Procurement teams are able to consistently realize additional savings while decreasing sourcing efforts by as much as 70%. Our AI-driven agent, AURA, enhances the speed of decision-making by providing immediate, evidence-based insights. Sourcing Acumen has gained the trust of global corporations and top-tier consultancies, revolutionizing the sourcing process and optimizing operational efficiency. With an unwavering commitment to innovation, our platform continuously evolves to meet the changing needs of procurement professionals worldwide.

API Access

Has API Yes 

API Access

Has API Yes 

Screenshots View All

Screenshots View All

Integrations

Microsoft Power Automate Yes 

Integrations

Microsoft Power Automate No 

Pricing Details

$2.50
Vendor Portal Price
Free Trial Yes 
Free Version No 

Pricing Details

$1
Custom package based on customer requirements
Free Trial No 
Free Version No 

Deployment

Web-Based Yes 
On-Premises No 
iPhone App Yes 
iPad App Yes 
Android App Yes 
Windows Yes 
Mac Yes 
Linux Yes 
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 Yes 
Live Rep (24/7) No 
Online Support Yes 

Types of Training

Training Docs Yes 
Webinars Yes 
Live Training (Online) Yes 
In Person Yes 

Types of Training

Training Docs Yes 
Webinars Yes 
Live Training (Online) Yes 
In Person Yes 

Vendor Details

Company Name

RAIZ.Tech

Founded

2021

Country

Hong Kong

Website

www.raiz.tech

Vendor Details

Company Name

Sourcing Acumen

Founded

2024

Country

United States

Website

sourcingacumen.com

Product Features

Sourcing

Auction Management No 
Budget Management Yes 
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 No 
Template Management No 

Product Features

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 

Alternatives

Promena Reviews

Promena

Promena Strategic Procurement Solutions

Alternatives

Gravity Reviews

Gravity

Gravity Supply Chain Solutions
Spotbid Reviews

Spotbid

Spotbid Solutions LLP