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What is SourceDay?

Improve collaboration with suppliers. The relationship between buyers and suppliers has significantly weakened over time. At present, each quote, purchase order, and invoice is sent through email repeatedly, necessitating manual updates and frequent follow-ups. Our cloud-based solution provides real-time visibility and accountability, effectively bridging the gap between your organization and your suppliers. Furthermore, it integrates effortlessly with your ERP system, ensuring that details such as pricing, quantities, lead times, and delivery dates are accurate. By adopting automated workflows and trustworthy data, you can effectively reduce risks associated with procurement. SourceDay's platform fundamentally changes how buyers and suppliers engage, enabling a more effective management of direct spending across quotes, purchase orders, invoices, and quality assurance. Say farewell to spreadsheets, as the manual handling of RFQs raises the likelihood of errors and the potential loss of important quotes in your inbox. By digitizing your RFQ process, you simplify the process of comparing quotes, allowing you to make informed decisions with assurance. This transformation not only enhances operational efficiency but also fortifies the overall relationship with suppliers, fostering a more collaborative and productive partnership. Ultimately, embracing this advancement is key to thriving in today's competitive market.

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.

Media

Media

Integrations Supported

Epicor Kinetic
SyteLine ERP (CloudSuite Industrial)

Integrations Supported

NetSuite
Plex Smart Manufacturing Platform
SAP Business One

API Availability

API Availability

Has API

Pricing Information

Pricing not provided

Pricing Information

User level based subscription model.
Free Trial Offered?

Supported Platforms

SaaS

Supported Platforms

SaaS
Windows
Mac

Customer Service / Support

Not specified

Customer Service / Support

Standard Support
Web-Based Support

Training Options

Not specified

Training Options

Documentation Hub
Webinars
Online Training
On-Site Training

Company Facts

Organization Name

SourceDay

Date Founded

2013

Company Location

United States

Company Website

SourceDay.com

Company Facts

Organization Name

QSTRAT

Date Founded

2005

Company Location

United States

Company Website

www.qstrat.com

Categories and Features

Procurement

Not specified

Purchase Order

Not specified

Purchasing

Not specified

RFQ

Not specified

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

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