• Hi I am looking for esourcing/RFQ software plus some contract management software.

    I've just set up as a consultant and cash is limited at the moment therefore suggestions of low cost options would be much appreciated! Thanks.

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  • Answers (12)

  • Christeen Jonathan Paul

    22/11/2018 06:56AM

    Hey Richard, it seems like " Market Dojo " is a great option to try . It helps to run reverse auctions, weighted RFQs and RFX's with public sector functionality. It offers affordable, on-demand strategic sourcing tools and it helps procurement professionals collect information from and negotiate with suppliers online.

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  • Marisol Buchanan

    04/12/2018 01:44AM

    Have you thought about leveraging a BPO? Overall, they are far more cost effective due to the fact there is no software license agreement, no need to take time to implement, administer or train an organization, and more flexibility to scale up and down as your business needs change. Overall, lower risk with quicker time to value.

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  • Christeen Jonathan Paul

    27/11/2018 04:52AM

    Hey Richard, You may try this software.
    https://bellwethercorp.com/free-procurement-software/
    It's absolutely free !

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    Richard Bennett Thanks very much. It looks good!

    27/11/2018 07:47PM

  • Sophie Pope

    22/11/2018 12:36PM

    Hi Richard! Have a look at Determine www.determine.com. We've also just published a starter info kit for CLM, so might be a worthwhile read! We're based in moorgate, so if you wanted a coffee and a chat, I could talk you through some options. No problem.
    If you're small, your best bet is to go with a package that has souring and contract management together (like us ;), so you cut down on the admin taking a sourcing event to contract in a few clicks, and at contract renewal, you can ping the details back to RFQ.... simples :) Give me a shout if you want more info!

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    Richard Bennett Thanks Sophie, it sounds interesting. I’ll get in touch!

    22/11/2018 01:38PM

    Sophie Pope Cool! No pressure. I'm not sales, but been in the biz for 14 years so if you just want a bit of advice, I'm happy to chat!

    22/11/2018 01:55PM

  • Brenton Walton

    29/11/2018 04:19PM

    Hi Richard, Have you considered Synertrade? If it is not too late I would love to share some information with you for your review. Capgemini has given us the overall #1 tool for Source to Contract, and recognized by Gartner in all the critical capability reports for sourcing and contract management software applications. Please let me know if you would like to hear how we compare to the others you have reviewed and pricing

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  • Karen Hodson

    28/11/2018 05:12PM

    Coupa is a great option and reasonable on cost. I use SpringCM for contract management and approval workflows.

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  • Brad Blonkvist

    28/11/2018 03:48PM

    Richard - I recently completed a source to pay selection for a major US CPG Company. We narrowed the field to just the largest providers of end-to-end capabilities that met our clients needs. In this case, Ariba, Coupa, GEP, Determine, Basware and iValua. Let me know if you need any specific help on this.

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  • Another platform you may want to consider is for both your requirements is Coupa. They offer a comprehensive suite of P2P / Procurement applications including CLM & eSourcing. Having twice implemented their platform I consider them to be a preeminent player in this marketplace. For an objective perspective, I would also suggest you obtain a copy of the most recent Forrester Wave eProcurement Report. This will provide a more comprehensive side by side evaluation of the platforms across the market. Good luck.

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  • Bennett Glace

    26/11/2018 04:07PM

    Hi Richard, Source One offers a low-cost, low-risk option for organizations looking to conduct eSourcing events. Check out WhyAbe today. It's the rare Procurement tool that was designed for Procurement professionals, by Procurement professionals. https://www.whyabe.com/

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  • Steve Mackenzie

    26/11/2018 02:59PM

    I replaced Ariba Suite with Zycus Suite. And found this to be one of my better decisions.

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  • Christeen Jonathan Paul

    22/11/2018 10:13AM

    Oh okay Richard. I've asked my peers about some good esourcing/RFQ softwares that they know. I will let you know once they responds back.
    What about considering either Concord, OneSoft Connect, ContractSafe or Agiloft for contract management? They seems to have free versions as well.

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  • Richard Bennett

    22/11/2018 07:34AM

    Thanks Christeen, I’ve looked at that one and agree it’s very good. Unfortunately it’s a bit out of my price range at the moment.

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