Strategic sourcing application suites are a set of related, integrated solutions that support upstream procurement activities; in other words, the strategic work the procurement team does for planning, assessment and performance management. Strategic sourcing application suites are used primarily by companies with $800 million or more in annual revenue that, typically, have the necessary critical mass of spend. The strategic sourcing application suite delivers four primary capabilities. Most vendors offer these capabilities as separately licensable modules: Spend analysis is a software- and service-based solution for cleansing, enhancing, classifying and analyzing spend data. It features rule-based data cleansing, automated category-level classification, analytics and decision support. Automated spend analysis is used in procurement and sourcing to quantify spend by supplier, category and part, and to identify opportunities for cost reduction and supply base resizing.
"Automation in Procurement Process"
We have implemented Jaggaer/Tejari in 2011 and since then our procurement workflows has been streamlined. We are very satisfied and now planning to get other modules like Vendor management and Contract management etc.
"Coupa is super tool for the strategic sourcing and give the proper graph on Pareto theory"
Coupa is an user friendly tool. It gives lots of information about the products which we want to source. It can be useful for the direct and indirect strategic sourcing. It can also pulls the reports which uses for the spend Analytics and give the proper information on the vendor and product details.
"An excellent sourcing suite which caters all the activities with way less complexity"
This product have an ability to grow better day by day, highly customizable and integrates better with other tools. Overall the experience had been satisfactory. Zycus is very innovative and they have strong support team
"Flexible platform to meet our changing business needs."
Ivalua provides a flexible solution, allowing clients to manage their business processes globally in an efficient way, that drives collaboration amongst users. The maintenance team is very helpful in aiding clients with enhancements as business needs change. The solution has helped in regards to record retention, compliance, and supplier management.
"Highly recommended for all users and to have a smooth contract management activities"
Emptoris is emerging one of the good product in terms of Contract management software. Great tool for all the users. Easy flow and simple design to use. Below are the key featurers Easy workflows Completion & Compliance Tracking Contract Lifecycle Management Electronic Signature Full Text Search Pre-built Templates Sell Side (Customers) and buy side (Suppliers Specialty Contracts Version Control Workflow Management Unique ID for each request for better searching
"Quick and Nimble Solution; Easy to Use"
The Scanmarket team has been fantastic to work with; quickly incorporating new ideas into the product. The product is user intuitive and designed for quick and nimble sourcing organizations.
"Excellent product and reduces time & executes complexes auctions with ease"
SAP E-Sourcing is one of the best in the market and provides best in class features that make the Sourcing process right from choosing templates to awarding business to suppliers is simply easy and hassle-free. A one-stop solution for your sourcing needs, below are some of the features. Customized templates Reminders Time scheduling Ability to see the supplier ranking Standard clauses Central file repository Integration with other tools
"Easy implementation of a very intuitive tool, easily configurable to our needs."
The project team is very knowledgable of the product, not only provides support with implemention but also best practices on processes and change management. The vendor works as a strategic partner and goes above and beyond to make the implementation successfull. Althought the product is mature on the functionalities, they are always willing to create new specific functionality which tailors the tool according to the specific needs. Determine application is the only tool which can hold our complex approval process based on category of purchase and job grades.
"Tejari/Jaggaer (E-sourcing )Module, Best in Class."
i have been using this suit for last three years, and my experience of working on Tejari/Jaggaer is not only great but unique in the sense that i find it very user friendly. This suit has been able to streamline our procurement process and also reduces the cycle turn around time.
"Solid Procurement Analytics & Savings Management Tool "
Sievo Analytics Solutions is in everyday use from +100 different global users. The spend solution enables great spend data visibility in combination with high usability. Within the current QlikView solution the reporting functionalities are okay but not very handy compared to new analytics platform in QlikSense. Besides we do use the Savings Lifecycle Program which works also well and has been customized for our purposes. Both modules are working well and the system downtime is almost 0%. The Team from Sievo, whether it was the Customer Service, the Customer Success Manager, the Project Manager, the Team Lead or even the CEO has been ALWAYS very friendly and supportive. During the years the Customer Success Manager has changed a few times which wasn’t a issue at all as all did great job and support. In case of problems the service hotline is solving the issue in most of the cases within 3 days which is fine for me as urgent cases are handled within 24 hours. Unfortunately the size of rows per data download is limited with 200k rows per download. Besides the reaction or even loading time could be improved (different locations, same slowness).Some developments we asked to implement can’t be implemented to the tool due to technical restrictions in the application.
"National integrated purchasing system to enable entities and suppliers to do business"
At Colombia Compra Eficiente, National Agency for Public Procurement of Colombia we are the entity responsible for the national Public Procurement system in both central and local administrations. In order to optimize the procurement processes, modernize governmental procedures and reduce the public spending of the country, we made in 2013 an international tender to select a provider to upgrade the national platform for Public eProcurement from an old version (SECOP I) to a state-of-the-art brand new one SECOP II. Attended by 7 competitors, including most of the Magic Quarter Gartner Group “award winning” worldwide players, VORTAL won the tender, receiving 86,4 points in 100. With this contract, CCE allows, 6.500 public contracting authorities in central and local governments to launch more than 500.000 public tenders and an award volume of 20+ billion USD per year. The functionality scope, scalability and usability of VORTAL’s platform and the ability to assure compliance with the national legislation and specific tenders through a sophisticated parameterization and configuration engine, were crucial for the decision to award the company. This decision means the country was be able to launch a platform in less than 1 year, fully compliant with the national legislation and specific requirements, taking advantage of previous learning and assuring the implementation of state-of-the-art technology. During the project, we had to work hard on the change management, then both the contract authorities and the bidders assimilate the advantages that the online process offer in saving time and money and in increasing transparency. Tenderers save money by not having to submit their offers on paper and avoiding the transport of these proposals. Everything is done electronically.
"Super slick spend analytics system with automated insights' dashboards"
Early last year, we deployed the Suplari spend analytics system in place of our previous tool, and the difference in performance has been night-and-day. In addition to the superb deployment team, the customer success team has kept us running with the highest degree of efficiency.