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What is SourcingHQ?

Acquiring competitive quotes typically requires the laborious task of reaching out to suppliers one by one through email. SourcingHQ streamlines this by bringing the process together into a single, timed bidding event. You can either provide a simple description of the product or service you need or forward the inquiry from your customer, and the AI assistant will generate a well-structured request detailing the necessary items, quantities, and deadlines. You then choose the suppliers you commonly work with, enabling them to submit bids through an email link without needing to create accounts, while also allowing them to monitor their current standings and adjust their offers prior to the bidding's conclusion. This platform allows for in-depth pricing analysis, offering both PDF and Excel reports for straightforward comparison. SourcingHQ is specifically designed for small to mid-sized buyers, distributors, and resellers who often encounter urgent requests with fluctuating pricing. Their free plan permits three auction events, while paid subscriptions are available for teams that require monthly sourcing. Additionally, a free tool is offered to aid in comparing previously gathered quotes, ensuring users have a thorough method to assess their choices. This innovative system not only simplifies the quoting process but also improves the chances of obtaining the best deals possible, making it an invaluable resource for those in competitive markets. By adopting such a versatile platform, businesses can save time and enhance their sourcing efficiency.

What is Procurify?

Procurify stands as a leader in Intelligent Spend Management, dedicated to providing organizations with exceptional visibility and oversight of their expenditures. Our goal is to consolidate more spending into a single procure-to-pay platform, enabling clients to gather comprehensive spend data that can be leveraged to achieve significant savings in both time and costs. With our solution, organizations unlock the potential for millions in savings. Additionally, Procurify is relied upon by numerous clients across the globe, overseeing an impressive total of over US$30 billion in corporate spending. This trust reflects our commitment to enhancing financial efficiency for businesses everywhere.

Media

Media

Integrations Supported

Integrations Supported

AppFolio Property Manager
Desktop.com
Epicor Kinetic
Microsoft Dynamics 365
Microsoft Dynamics 365 Business Central
Microsoft Dynamics GP
Microsoft Dynamics SL
NetSuite
QuickBooks Online
QuickBooks Online Advanced
SAP Business ByDesign
SAP Business One
Sage 50
Sage 500
Sage Accounting
Sage Intacct
Shift
Slack
Stripe
Xero

API Availability

API Availability

Has API

Pricing Information

$950 one-time
There's a free plan. Paid plans are a one-time payment for 12 months that never renews on its own, and suppliers never pay.
Free Version

Pricing Information

Pricing not provided

Supported Platforms

SaaS

Supported Platforms

SaaS
Android
iPhone
iPad
Windows
Mac
Chromebook

Customer Service / Support

Web-Based Support

Customer Service / Support

Standard Support
24 Hour Support
Web-Based Support

Training Options

Documentation Hub

Training Options

Documentation Hub
Webinars
Online Training
On-Site Training

Company Facts

Organization Name

SourcingHQ

Date Founded

2026

Company Location

India

Company Website

sourcinghq.ai

Company Facts

Organization Name

Procurify

Date Founded

2012

Company Location

Canada

Company Website

www.procurify.com

Categories and Features

Sourcing

Auction Management
Rfx Management
Supplier Management

Categories and Features

Accounts Payable

Approval Process Control
Cash Management
Check Writing
Duplicate Payment Alert
General Ledger Entry
Vendor Management

AI Procurement

Not specified

ERP

Accounting Integration
Dashboard
Financial Management
Order Management
Purchasing
Reporting/Analytics
Supply Chain Management

Expense Report

Approval Process Control
Invoice Management
Receipt Management
Reimbursement Management
Spend Control
Workflow Management

Financial CRM

Expense Tracking

Order Management

Not specified

Procure to Pay

Billing & Invoicing
Budgeting / Forecasting
Compliance Management
Contract Lifecycle Management
Financial Reporting
Integration Management
Inventory Management
Order Management
Vendor Management

Procurement

Budget Management
Catalog Management
Invoice Processing
PunchOut
Purchase Order Management
Receiving
Requisitions & Approvals
Spend Management
Supplier Management

Purchase Order

Not specified

Purchasing

Catalog Management
Invoice Processing
PunchOut
Purchase Order Management
Requisitions & Approvals
Sourcing Management
Spend Management
Supplier Management

Sourcing

Spend Management

Spend Management

Approval Workflow
Budgeting / Forecasting
Expense Tracking
Multi-Currency
Prepaid Cards
Procurement Management
Receipt Management
Spend Analysis
Spend Control
Supplier Management

Vendor Management

Audit Management
Contact Management
Customer Database
Self Service Portal
Transaction History
Vendor Maintained Profiles
Vendor Managed Inventory
Vendor Performance Rating
Vendor Qualification Tracking

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