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Description

SourceRFX is the best option for small and medium businesses looking to automate sourcing and procurement. It has a fraction the overall cost of Ariba-like solutions. SourceRFX can be used by smaller organisations that don't have ERP to meet some of the basic requirements as well as help migrate from Spreadsheets. This all-in-one solution is ideal for mid-market companies. Many other enterprise offerings bundle the features you need in different modules, increasing the cost. SourceRFX platform/services could be used by large enterprises with well-established systems and processes to enhance their operations.

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 No 

API Access

Has API Yes 

Screenshots View All

Screenshots View All

Integrations

No details available.

Integrations

No details available.

Pricing Details

$19/user/month
Depends features and size of the organization
Free Trial Yes 
Free Version Yes 

Pricing Details

$1
Custom package based on customer requirements
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 No 
Live Rep (24/7) Yes 
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 No 

Types of Training

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

Vendor Details

Company Name

SourceRFX

Founded

2016

Country

United States

Website

www.sourcerfx.com

Vendor Details

Company Name

Sourcing Acumen

Founded

2024

Country

United States

Website

sourcingacumen.com

Product Features

Procurement

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

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

Alternatives

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