eSourcing: The new way to source better

As an important organizational function, strategic sourcing plays an increasingly influential role in helping organizations compete and achieve a sustainable advantage in their missions and markets. Using electronic RFI and RFP process for bid management as well as online auctions is emerging as one of the quickest and least painful ways for companies to boost their bottom line in an increasingly competitive economy.

eSourcing software does more than establish an electronic venue for buyer and sellers to meet. It also streamlines workflows, enhances flexibility and drives transparency in the buyer-seller relationship.

Online sourcing is the process of automating the current email or paper based sourcing process. Typical benefits of online sourcing are:

  • Obtain bids / quotes from different suppliers using a single online sourcing portal
  • Save time by streamline and automating your bid collection process
  • Single repository for all supplier responses so that you can compare side by side On Demand
  • eSourcing using reverse auctions can generate significant cost savings by increasing supplier competition

Access state of the art eSourcing software

  • Conduct Online Auctions such as Reverse auctions, Forward auctions, Sealed Bid auctions, Japanese Auctions, Dutch Auctions and other additional formats.
  • Conduct Online RFI, RFP and Surveys. Our eRFX tool allows for conducting scoring based RFI’s.
  • Supplier Information management including complete supplier profiles
  • Contract Management

Learn how ProcurePort’s eSourcing software improves the accuracy and availability of information on both the supply and demand side, facilitating collaboration as well as control and compliance. Contact us today to request a demo of our eSourcing software.

About ProcurePort

ProcurePort delivers the broadest set of eSourcing solutions to administer a wide range of activities for organizations such as automating the bid collection process using online RFI and RFP process combined with Online reverse auctions. Our online sourcing software is feature rich, easy to use and implement. Contact Us today to find out about our flexible pricing plans that can be tailored to fit any budget and use case.