Sourcing events – RFx

Source-to-Pay suite | More modules

RFx made simple

Don’t miss out on opportunities because creating a request for bid, proposal or quote is a hard task.  If getting all the information becomes a too long process, the procurement team might not do it, and then your company is missing new opportunities. Creating a Request with Sourcing Force is as simple as sending an email !

Sourcing Force transforms your purchasing processes

165 K

Suppliers registered on our Source-to-Pay portal today

200 M

Over 200 million items  you can buy, all in three clicks on Sourcing Force

360°

360° view into resources, suppliers and spend in one dashboard

Digitize all your requests

Request for Information

Collect detail about potential suppliers and their capabilities from Sourcing Force platform and let your suppliers know that you are willing to source products or services in a competitive way. 

Request for Proposal

Notify automatically all of your suppliers of your intention to buy certain ressources. You can enable comparison of the proposals directly from Sourcing Force and show your suppliers that you have a fair process when it comes to their selection. 

Request for Quotation

Invite suppliers and subcontractors to submit a bid on services or products with Sourcing Force RFQ module, and ask them to provide all the detail you need to meet your commercial requirements, all in your e-Procurement platform

Set up auctions

Bidding process

Keep track of your bids and manage your procurement team and suppliers interaction during the bidding process. You get a panoramic view of offers attached to a bid and can classify them according to your own criteria with a few clicks.

eRFX

For better savings with your tenders

Today’s procurement environment is becoming more and more complex. Even though it is a cost that businesses can’t avoid, using antiquated methods such as emails and spreadsheets can make the whole process even more frustrating. Deliver high value to your supplier bidding process with Sourcing Force. Our platform supports RFx formats, such as RFI, single-item RFQs, and multi-item RFQs. 

What you get with eRFx

ERP and PLM integration

You can use your ressources and BoM instantly

Flexible processes

From categories to supplier discovery

Better information

SRM, Supplier Scorecard, and a lot more available across our modules

Simple and flexible reporting

We make it is easy for you to make decisions and communicate them

Follow through on decisions easily and quickly

Transfer RFQ results to ERP, Contract Management, or eProcurement

Reverse Auction

Hold all types of auction

Sourcing Force e-auction is a reverse auction that gives your business better results than traditional ways of creating cost savings. It complements perfectly an eRFX and eliminates face-to-face negotiations. eAuctions also helps you save time, make your negotiation position stronger, and boost competition between suppliers. As a result, eAuctions can produce 10-15% more savings than other methods.

What you get with eAuction

Professional services option

As supplier on-boarding and support, training on auction theory, how-to coaching for setting up events, and event management

Pull auction results into Contract Repository quickly and easily

So you can save time and effort 

Turn eRFx into an eAuction

And all in one click 

Flexible pricing

Run the module yourself and use eAuctions anytime you want. You can also pay per event

A wide range of auction type

Flexible options that work even when you have only one supplier

« We are really satisfied about our collaboration with Sourcing Force, the modules definitely suit our needs and keep evolving as we grow »

— Franck Bourquard E-Procurement Project Manager at LEM

Our very broad Strategic Sourcing functionalities

A Collaborative Suite That Empowers Your Sourcing Strategies 

Spend Analytics

Improve your spend culture ! Classify and get spend analysis every day and anytime with Sourcing Force…

Learn More

Request For Proposal 

Don’t miss out on opportunities because creating a request for bid, proposal or quote is a hard task…

Learn More

Contract Management

Having visibility into your contract portfolio helps you avoid risk and make better and faster decisions. 

Learn More

Supplier Performance

Sourcing Force helps organizations manage, evaluate, and compare suppliers. Users can use the …

Learn More

 

Savings Management

Manage every aspect of your savings initiatives and gain a panoramic visibility to keep them on track…

Learn More

 

Why are E-Procurement strategies so important ?

Download White Paper

Latest Procurement Insights

What is Procurement ?

What is Procurement ?

All You Need To Know About ProcurementProcurement (or purchasing) is the process for an organization to obtain products or services from external parties (market supply) to ensure that production and business activities are smoothly carried out. Procurement practices...

Shedule a demo today

We will contact you as soon as possible