Sourcing helps organizations discover new suppliers and fosters healthy negotiation with those suppliers, resulting in mutually-beneficial prices and payment. Unfortunately, the manual sourcing procedures still used by many organizations lead to poor process transparency and inconsistent data management. This keeps purchasing professionals from making wise buying decisions, and the rest of the Source-to-Settle lifecycle is weakened. Electronic sourcing (eSourcing) automates sourcing activities and enhances existing sourcing operations, strengthening buyer and supplier relationships.
This report explores:
• Current trends in Sourcing Software Usage
• Benefits of Electronic Sourcing Technology
• Standard and Advanced Functionalities of Sourcing Software
• Leading Sourcing Solution Providers
Download this report today to learn more about the latest electronic sourcing technology and how it impacts all departments within the Source-to-Settle sphere.
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