E-Sourcing Applications Reviews and Ratings

What are E-Sourcing Applications?

E-sourcing applications enable organizations to organize, solicit and evaluate requests for information (RFIs) and requests for proposals (RFPs) from suppliers. These applications enable competitive bidding where the outcome is typically a long-term agreement. Most e-sourcing applications also support reverse auction capabilities. Some applications enable large-scale complex bid events with thousands of line items and awards spanning multiple suppliers.

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Coupa Software is a cloud-based platform focusing on business spend management (BSM). The primary objective of Coupa Software is to provide companies with the necessary tools and features needed to gain visibility and control over their business expenditures, enabling them to make more effective and secure spending decisions. The company has a global outreach and serves an extensive range of businesses worldwide.

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Market Dojo an Esker Company. Sourcing automation on demand: Control cost, mitigate risk, improve supplier relationships and drive smarter, faster financial decisions.

All Market Dojo solutions are designed by procurement professionals and built to help teams, regardless of budgets or experience. Market Dojo tools are readily accessible and always easy to use and they are continually developing new and improved features to all their solutions. Working alongside users allows them to implement the capabilities and features they need to succeed. The Market Dojo On-Demand business model gives procurement professionals the flexibility to use Market Dojo solutions as and when they need them, without any long term contract commitments.

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SRM is a business enterprise centered on providing sustainable and effective solutions to tackle common operational issues encountered by corporations. Central to its mission is the development and implementation of efficient strategies to comb through complexities of various industries. The company’s primary directive is to offer practical and reliable resources that not only simplify day-to-day operations but also contribute to significant improvements in overall productivity. SRM diligently researches innovative approaches to continually aid companies with the goal of consistent operational growth.

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TEDAR, established in 2013, is a civil society organization that focuses on supply chain management. Its primary aim is to fulfill business world expectations by disseminating best practices and thereby boosting Turkey's competitiveness. It seeks to add value to the supply chain and develop relevant professionals. TEDAR operates in several key areas. It fosters supply chain principles, aids in the advancement of the profession and science, facilitates discussions and the exchange of best practices among professionals. Additionally, it advocates for sustainability in supply chain management, conducts strategic studies in the field, researches supply chain-related issues for future development, works proactively in honoring supply chain management needs and expectations. Furthermore, TEDAR collaborates with educational institutions on supply chain issues and conducts conferences.

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Ivalua is a provider of cloud-based Source-to-Pay solutions. Our complete, unified platform empowers businesses to effectively manage all categories of spend and all suppliers, increasing profitability, improving ESG performance, lowering risk, and improving employee productivity. We are trusted by over 400 organizations across the world, many of whom are admired brands.

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JAGGAER fundamentally operates as a pioneer within the Autonomous Commerce sector. The enterprise has engineered a self-operating B2B commercial experience inclusive of buyers, suppliers, and partners utilizing Internet of Things (IoT) technology. It enables a substantial flow of goods annually, across its Enterprise Commerce Network. AI and machine learning technology underpin JAGGAER's innovative procurement solutions, aligning the requirements of buyers with the competencies of suppliers via smart-match recommendations. These solutions are designed to autonomously conduct recurrent, backstage tasks required for facilitating commerce on the enterprise level. With a workforce exceeding 1,200, the focus of JAGGAER's operations revolves around ensuring customer success.

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GEP is a global enterprise specializing in transformative supply chain solutions. It offers agile and resilient operations to enhance efficiency and productivity, while boosting profitability and shareholder value. GEP is comprised of three entities: GEP SOFTWARE, GEP STRATEGY, and GEP MANAGED SERVICES, all of which work collectively to address supply chain challenges. With the aid of its innovative products and dedicated team, GEP continues to cater to enterprises globally, assisting in the attainment of strategic, financial, and operational goals. As an AI-first, cloud-native company, GEP uses digital business platforms to support and streamline processes. It is a global enterprise, headquartered in Clark, New Jersey, with operational centers across Europe, Asia, Africa, and the Americas.

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SAP is a company that aims to improve operational efficiency worldwide. The primary focus is on helping customers optimize their business operations. SAP develops innovative solutions to support this objective. The company plays a crucial role in transforming industries by fostering opportunity and equality on a global scale. By collaborating with customers and partners, SAP is capable of making substantial changes across various industries, supporting the growth and development of economies and societies.

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MavenVista Technologies Pvt Ltd, an ISO 9001 and ISO 27001 certified enterprise, comprises procurement process specialists and technology experts, providing intuitive software solutions to enhance procurement processes. The term 'Maven' refers to a trusted expert eager to impart knowledge for the enrichment of others, and 'Vista' signifies a future vision. Thus, MavenVista is dedicated to delivering quality, innovative services aimed at building advanced procurement organizations in the future. The company's exclusive focus on procurement solutions facilitates a consistently evolving understanding of the issues procurement teams face in the rapidly changing business landscape. This ongoing knowledge intake allows the company to continually improve its services to help customers make enhanced procurement decisions and reduce costs.

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Synertrade provides a comprehensive cloud-based platform called Synertrade Accelerate. This digital procurement solution enables efficient management of Source-to-Contract, Procure-to-Pay, and Supplier Relationship Management processes in a fully digitised and integrated manner, facilitating effective collaboration across various business functions. The platform is extensively utilized, with a broad user base and numerous registered suppliers. Synertrade, a part of the Econocom Group, operates globally with multiple offices, a sizeable workforce, and multilingual support.

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Legal Suite is a global provider of Enterprise Legal Technology, offering a software solution catered to business law professions. The software includes a suite of modules under the brand name GaLexy, designed to address the daily needs of legal departments. These areas include Contracts, Matter Management, Litigation, Intellectual Property, E-Billing, and Power of Attorney among others. In addition, Legal Suite brings expertise in Enterprise Legal Management (ELM), Contract Lifecycle Management (CLM) and Governance, Risk and Compliance (GRC), applicable to various industries. The company is a division of the Septeo Group that supports varied legal professions globally. With offices in North America, United Arab Emirates, and Europe, Legal Suite has a rich experiential background extending over 18 years, with a large number of projects, customers, and users worldwide.

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Aavenir focuses on modernizing standard procurement processes. The company utilizes prevailing Machine Learning and Natural Language Processing technologies to expedite cycle times. A primary business challenge addressed by Aavenir is the extraction and processing of multi-vendor invoice data. Its Contractflow product tackles text analytics problems related to risk and obligation management, while its Invoiceflow product addresses the aforementioned invoice issues by employing artificial intelligence and machine learning technologies. Aavenir's source-to-pay solutions are cloud-based and run on the advanced ServiceNow platform, that provides a unified digital workflow. This approach streamlines productivity for numerous enterprise customers worldwide. The company, established in 2019, has offices in the United States and India.

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Corcentric specializes in providing procurement and finance solutions on a global scale. It offers a blend of technology and payment solutions, supplemented by comprehensive advisory and managed services. The focus is to alleviate the challenges of procurement and finance business leaders by forming strategic partnerships to pinpoint issues and create specifically tailored solutions. The company has amassed over two decades of experience in assisting businesses with their unique difficulties and providing results.

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JAGGAER fundamentally operates as a pioneer within the Autonomous Commerce sector. The enterprise has engineered a self-operating B2B commercial experience inclusive of buyers, suppliers, and partners utilizing Internet of Things (IoT) technology. It enables a substantial flow of goods annually, across its Enterprise Commerce Network. AI and machine learning technology underpin JAGGAER's innovative procurement solutions, aligning the requirements of buyers with the competencies of suppliers via smart-match recommendations. These solutions are designed to autonomously conduct recurrent, backstage tasks required for facilitating commerce on the enterprise level. With a workforce exceeding 1,200, the focus of JAGGAER's operations revolves around ensuring customer success.

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Market Dojo an Esker Company. Sourcing automation on demand: Control cost, mitigate risk, improve supplier relationships and drive smarter, faster financial decisions.

All Market Dojo solutions are designed by procurement professionals and built to help teams, regardless of budgets or experience. Market Dojo tools are readily accessible and always easy to use and they are continually developing new and improved features to all their solutions. Working alongside users allows them to implement the capabilities and features they need to succeed. The Market Dojo On-Demand business model gives procurement professionals the flexibility to use Market Dojo solutions as and when they need them, without any long term contract commitments.

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Medius makes AP autonomous, going beyond automation with intelligent tech to capture, process, and pay invoices. And because our AI gets smarter with every step, users can automate the entire source-to-pay process with the Medius Accounts Payable suite.  Along with our clients’ ideas and insights, Medius continues to develop cloud spend management and AP automation software solutions that are optimized for every one of our buyer, finance and supplier users.

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mjunction operates as a business-to-business entity, facilitating transactions between buyers and sellers using digital platforms. It offers assistance with manifold aspects of business processes, primarily focusing on eAuction and eProcurement. mjunction's eAuction services emphasize on providing a secure, efficient, and reliable platform for sellers, ensuring an effective experience. Simultaneously, its eProcurement service provides support to businesses regarding their purchasing activities. Whether managing high-value acquisitions or tail-end purchases, mjunction offers comprehensive solutions. It maintains a broad reach through its robust network of regional offices and client contact officers situated across numerous locations. mjunction's wide array of services and wide reach renders it a comprehensive player in the digital transaction sphere.

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Oboloo provides cloud procurement software designed specifically for small and medium enterprises (SMEs). The main function of the software is to enhance oversight and management of suppliers and contracts via a single, secure platform. This comprehensive tool ensures regularity, control and transparency throughout all stages of procurement including sourcing, contract management, vendor management and savings tracking. Companies using Oboloo's software can effectively collaborate with compliant suppliers who align with their own values. The software has features for devising and reviewing sourcing strategies, documenting and overseeing contract details, managing supplier performance and agreement, and calculating savings. It also offers real-time dashboards and workflow notifications to help prioritize tasks. The software comprises of four main modules: eSourcing, contract management, supplier management, and savings management.

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