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What is QLM Sourcing?

QLM Sourcing is an innovative cloud-enabled platform designed for strategic sourcing and supplier management, aimed at enhancing operational efficiency, productivity, and output quality for its users, ultimately leading to improved profitability. The system boasts a variety of features including customer relationship management, collaborative supplier eRFQ event coordination, business award tracking, purchase order management, and comprehensive spend analysis, among others. Users can customize eRFQ templates tailored to their specific product or service needs, ensuring that the sourcing process aligns closely with their requirements. To boost supplier engagement, an automated reminder feature alerts suppliers about approaching deadlines, thereby improving response rates and ensuring compliance with timelines. Additionally, the platform offers configurable document management, supplier segmentation, and a self-service portal, all designed to facilitate effective supply base management. New suppliers can be effortlessly added in mere seconds, all without incurring costs or the burden of maintaining an extensive supplier portal, which simplifies the onboarding process significantly. This comprehensive functionality empowers organizations to optimize their procurement strategies and foster stronger supplier relationships.

What is ProcurementIQ?

Enhance your information collection capabilities with SupplierIQ’s centralized database of supplier information. Our extensive company profiles gather vital financial metrics, competitor evaluations, SWOT analyses, and other relevant data all in one platform. SupplierIQ also outlines the specific markets that each supplier serves, as showcased in our specially curated Procurement Reports. You can effortlessly navigate between category reports and SupplierIQ to gain a deeper insight into your suppliers. Importantly, the financial information for private companies that SupplierIQ offers is unparalleled in the industry. With our in-depth financial benchmarks, you can assess whether a supplier qualifies for a Request for Proposal (RFP), a one-time or limited purchase, or whether further resources are necessary for a thorough company assessment. This powerful tool not only equips you with essential insights but also empowers you to make strategic decisions regarding your supplier relationships. Ultimately, SupplierIQ is designed to be your go-to resource in the complex landscape of supplier management.

Media

Media

Integrations Supported

NetSuite
Plex Smart Manufacturing Platform
SAP Business One

Integrations Supported

API Availability

Has API

API Availability

Pricing Information

User level based subscription model.
Free Trial Offered?

Pricing Information

Pricing not provided
Free Trial Offered?

Supported Platforms

SaaS
Windows
Mac

Supported Platforms

SaaS

Customer Service / Support

Standard Support
Web-Based Support

Customer Service / Support

Standard Support
Web-Based Support

Training Options

Documentation Hub
Webinars
Online Training
On-Site Training

Training Options

Documentation Hub
Webinars

Company Facts

Organization Name

QSTRAT

Date Founded

2005

Company Location

United States

Company Website

www.qstrat.com

Company Facts

Organization Name

ProcurementIQ

Date Founded

2013

Company Location

United States

Company Website

www.procurementiq.com

Categories and Features

Procurement

Sourcing Management
Spend Management
Supplier Management

RFQ

Not specified

Sourcing

Collaboration
Global Sourcing Management
Rfx Management
Spend Management
Supplier Management
Supplier Qualification
Supplier Risk Management
Template Management

Spend Analysis

Not specified

Supply Chain Management

Supplier Management

Categories and Features

Procurement

Not specified

Spend Analysis

Not specified

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