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What is Stimulus?

Stimulus harnesses data and analytics to help organizations enhance their purchasing decisions with a strong emphasis on diversity, equity, and inclusion. The current approach for searching, selecting, and evaluating suppliers is inefficient and complicated. There is a notable absence of a standardized framework for assessing suppliers or pinpointing alternative choices. Within the Stimulus ecosystem, companies can easily find qualified suppliers. By taking advantage of the Stimulus API, businesses can consolidate data from various sources, creating a cohesive source of truth. This also allows for effective management of supplier relationships by tracking spending, ongoing projects, and their respective statuses—ranging from consideration to qualification, shortlisting, or award. Moreover, the platform allows for the development of projects aimed at specific objectives and criteria, enabling organizations to thoroughly evaluate vendor performance throughout the entire process, which significantly improves decision-making and results. Ultimately, this innovative methodology not only streamlines procurement but also promotes a more inclusive and equitable supply chain, contributing to overall corporate responsibility and social impact.

What is BirchStreet eProcurement?

Harness the ability to drive innovation, improve efficiency, and conserve resources with a customized procurement management system designed specifically for the hospitality industry. This comprehensive solution offers cutting-edge tools to digitize procurement processes, significantly enhancing transparency and control over financial outlays. By optimizing invoice processing through advanced budgeting functionalities, organizations can reduce expenses and increase accuracy. Additionally, it features automated receipt comparisons based on user-defined criteria, making financial oversight simpler. A built-in tax calculator also guarantees compliance with local tax laws for international dealings. Users gain full visibility of payment statuses throughout the procure-to-pay (P2P) cycle, while both users and suppliers can utilize an online platform to monitor invoice and payment progress, thereby enhancing communication and operational efficiency. Ultimately, this innovative procurement strategy not only improves organizational effectiveness but also strengthens partnerships between hospitality providers and their suppliers, creating a more collaborative business environment. Such advancements contribute to a more sustainable and profitable future for the hospitality sector.

Media

Media

Integrations Supported

Coreprint
Fintech

Integrations Supported

Coreprint
Fintech

API Availability

Has API

API Availability

Has API

Pricing Information

Pricing not provided.
Free Trial Offered?
Free Version

Pricing Information

Pricing not provided.
Free Trial Offered?
Free Version

Supported Platforms

SaaS
Android
iPhone
iPad
Windows
Mac
On-Prem
Chromebook
Linux

Supported Platforms

SaaS
Android
iPhone
iPad
Windows
Mac
On-Prem
Chromebook
Linux

Customer Service / Support

Standard Support
24 Hour Support
Web-Based Support

Customer Service / Support

Standard Support
24 Hour Support
Web-Based Support

Training Options

Documentation Hub
Webinars
Online Training
On-Site Training

Training Options

Documentation Hub
Webinars
Online Training
On-Site Training

Company Facts

Organization Name

Stimulus

Date Founded

2017

Company Location

United States

Company Website

getstimulus.io

Company Facts

Organization Name

BirchStreet Systems

Date Founded

2002

Company Location

United States

Company Website

www.birchstreet.net

Categories and Features

Purchasing

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

Categories and Features

Procurement

Asset Management
Auction Management
Bid Management
Budget Management
Catalog Management
Contract Management
Inventory Management
Invoice Processing
PunchOut
Purchase Order Management
Receiving
Requisitions & Approvals
Sourcing Management
Spend Management
Supplier Management

Purchasing

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

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