Best Enterprise Sourcing Software
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Compare the Top Enterprise Sourcing Software as of November 2025
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What is Enterprise Sourcing Software?
Sourcing software is software to help companies identify, evaluate, engage, and manage suppliers and vendors—enabling strategic sourcing rather than just transactional purchasing. It supports key processes such as supplier discovery, qualification, bid/tender management (RFI/RFP/RFQ), supplier performance evaluation, and contract awarding. As the first stage of the supply chain or procurement journey, sourcing software helps organizations optimize costs, secure quality, manage risk, and build resilient supplier networks. According to industry sources, sourcing is distinct from procurement: sourcing focuses on the “who” (which suppliers) and the selection, while procurement covers the “what” (goods/services) and the purchase process. By automating and digitizing sourcing workflows, organizations gain visibility into supplier markets, spend categories, risk exposures, and opportunities for value creation. Compare and read user reviews of the best Enterprise Sourcing software currently available using the table below. This list is updated regularly.
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1
P3Source
P3 Software
Crafted by industry-savvy print experts, P3Source uses the latest SaaS technology, to automate the conventional 'Bid and Buy' RFQ process commonly used in the Printing and Marketing Services Industry. P3Source acts as a project management and collaboration hub, where users manage dozens of simultaneous projects, bringing together all the details, files, approvals, notes, and historical data in one easy-to-search place. It archives completed projects for future access and detailed reporting. The P3Source web Customer and Supplier portals tie together the entire supply chain. Customers submit requests, upload production files and approve projects. Suppliers submit quotes, accept orders, exchange files, post shipments and present invoices. This streamlined approach ensures quick, hassle-free transactions for all parties. Celebrate the future of print management with P3Source - easy, efficient, and made with you in mind. -
2
Jesta Vision Suite
Jesta I.S.
Optimize your supply chain with Jesta’s Sourcing & Procurement module. Gain full visibility into purchase orders, material delivery schedules, and production timelines to ensure seamless alignment with current orders and future demand. Wholesalers can stay competitive by tracking multiple procurement paths and capturing detailed shipment data by style, color, size, and attributes. This level of precision enhances production forecasts and helps differentiate products while maximizing profitability. Jesta’s solution also monitors material, labor, overhead, and purchasing costs, enabling accurate profit and margin calculations. Stay ahead of customer demand, streamline operations, and boost efficiency with Jesta’s Sourcing & Procurement. -
3
Tradogram
Tradogram
Tradogram is an all-in-one procurement management software. Used worldwide by businesses to track their spending and manage their entire purchasing process. Trusted by procurement and finance teams for real-time visibility into data and streamlining workflows to provide insight into spending, users have reported 3X better efficiency and an average of 20% cost savings! What are you waiting for? Get your free account today and access tools like Supplier Management, Items Catalog, Approvals Workflow, Requisitions, RFQs, Purchase Orders, Delivery Tracking, Invoices Matching, Expense Reimbursement, Contract Repository, and many more... Seamlessly integrate Tradogram with your favorite accounting and ERP systems like Quickbooks, Xero, Netsuite, SAP, Microsoft Dynamics, Oracle, etc.Starting Price: $168/month -
4
Penny
Penny Software
Procurement solved. penny is a cloud-based Procure-To-Pay system. Penny helps you digitize and manage your full procurement cycle. Make requests, send RFQs/RFPs to multiple vendors, compare quotations, send POs and even payment. Penny was designed to make things easy and consolidate all your organization’s spending needs into one intelligent system. Certified by Procure Tech & Kearney Consulting as one of the 100 most innovative procurement solutions globally, you can be sure that procurement is made simple with penny. How can penny help your organization save time & money? ● Streamline procurement means that requests, approvals, and POs won’t be lost in emails or offline. ● Product requests are more accurate through catalogs, avoiding purchasing errors. ● The platform makes it simple to extract and track the history and records of requests and purchases.Starting Price: $1999 per month -
5
CobbleStone Contract Insight
CobbleStone Software
CobbleStone's contract management software is an award-winning solution to track and manage contracts backed by artificial intelligence. With CobbleStone, organizations are able to automate and streamline the entire contract lifecycle with enterprise-wide contract tracking, contract administration, contract drafting, custom report design tools, task and checklists, security, document management, check-in tracking, financials, cost control, and more. Contract Insight is offered in three editions: Contract Insight Enterprise, Contract Insight Express, and Contract Insight Workgroup. Call today for a free demo and pricing at 866-330-0056.Starting Price: $59.00/month -
6
Procurify
Procurify
Procurify’s easy-to-use Intelligent Spend Management platform provides hundreds of organizations worldwide with real-time visibility and control over all business spend. By bringing more spend under management, our customers capture reliable spend data that can be used to proactively minimize rogue spend and rework — and ultimately save them precious time and money. Our procure-to-pay solution helps organizations gain a competitive edge by transforming spend management from a reactive cost center to a proactive, profit-driving function. Beyond process optimization, spend data can drive strategic discussions that directly influence organizational growth and financial health. -
7
Vendorful
Vendorful
Vendorful offers a suite of solutions for e-sourcing and vendor management. From vendor (supplier) selection to contract renewal, the platform simplifies complex processes, eliminates “busy work,” and reduces risk while delivering strong ROI. Modules include e-Sourcing, Reverse Auctions, Vendor Management, Vendor Scorecarding, Contract Administration, and Compliance Questionnaires. The product’s point-and-click interface and automated data aggregation quickly replaces cumbersome Excel spreadsheets and shared drives. And, as an API-first product, Vendorful can integrate into a range of other systems including, but not limited to, e-procurement applications, finance systems, ERPs, e-signature solutions, single-sign-on systems, and third-party risk applications. Offered in public and private cloud configurations, Vendorful serves SMEs and enterprises across verticals including Financial Services, Not-for-Profit, Higher Education, Retail, and more.Starting Price: $1500/month -
8
Responsive
Responsive
Responsive (formerly RFPIO) is the global leader in strategic response management software, transforming how organizations share and exchange critical information. Our commitment to product innovation and customer success empowers companies to accelerate growth, mitigate risk and improve the employee experience by leveraging intelligent technologies to quickly and accurately manage RFPs, RFIs, security questionnaires (VSQs), due diligence questionnaires (DDQs), risk assessments and all other complex information requests (RFXs). With Responsive, frontline teams deliver superior responses by automating the completion of questionnaires, documents and spreadsheets while collaborating with stakeholders, improving processes with data insights, and quickly accessing approved content across popular business applications. -
9
Tipalti
Tipalti
The only solution to automate your end-to-end payables process. Automate your full accounts payable, global payouts, procurement and employee expense processes with Tipalti and eliminate 80% of your manual workload. Tiplati enables you to onboard suppliers, partners and freelancers with ease, streamline PO generation, accelerate approvals, eliminate invoice entry and make fast global payments to 190 countries in local currency. Also includes global tax compliance, 2 & 3 way PO matching, multi-entity support, and instant reconciliation with ERP integrations that include NetSuite, Xero, Quickbooks and Sage Intacct.Starting Price: $129 USD, £119 GBP, €129 EUR -
10
RAIZ
RAIZ.Tech
RAIZ is a SaaS (Software as a Service) system designed to streamline and manage sourcing operations. It serves as a comprehensive platform that connects suppliers, factories, and brands, utilizing technologies such as EDI (Electronic Data Interchange), API (Application Programming Interface), and AI (Artificial Intelligence). The system offers several modules to facilitate different aspects of the sourcing process. The Merchandiser module helps with product planning, procurement, and vendor management. The Order Follow Up module tracks and manages orders, ensuring timely delivery and efficient communication with suppliers. The Shipping Management module handles logistics and shipment tracking. In addition, the system includes an Accounting system module to assist with financial management and transactions related to sourcing activities. BI Tools (Business Intelligence) provide data analysis and insights for informed decision-making. Lastly, the Quality module focuses on mainStarting Price: $2.50 -
11
Sourcing Acumen
Sourcing Acumen
Sourcing Acumen is an advanced eSourcing platform purpose-built to execute RFPs and eAuctions with speed, insight, and strategic impact. Built on experience of conducting 10,000+ sourcing events, our platform combines ease of use with powerful, built-in bid analysis - designed in a consulting-style framework to drive fact-based sourcing decisions. We got 360 degrees coverage on capabilities including extremely flexible bid sheets, pre-built bid analysis, dynamic award scenarios, supplier feedback, RFI assessments with weights and scores and e-Auctions. Procurement teams consistently achieve incremental savings while reducing sourcing effort by up to 70%. Our AI agent, AURA, further accelerates decision-making by delivering instant, data-backed insights. Sourcing Acumen is trusted by global enterprises and leading consultancies to transform the way sourcing gets done.Starting Price: $1 -
12
ProcurePort
ProcurePort
ProcurePort provides a best in class cloud hosted sourcing software that automates the entire source to pay process. Modules that seamlessly connect with each other that can be used independently or together. Following modules make up the ProcurePort Solution Suite -Requisitions -RFP & RFQ -eAuctions (Reverse, Forward, Dutch, etc.) -Contract Management -Supplier Management -Spend Analysis -P,O and Invoice Automation ProcurePort provides a best in class e-procurement platform, complimented by our industry-leading implementation service and support.Starting Price: $275.00/month/user -
13
QLM Sourcing
QSTRAT
"QLM Sourcing" is a cloud strategic sourcing and supplier management solution that streamlines processes for user organizations to increase efficiency, throughput, and quality of output to drive increased profitability. QLM Sourcing offers a rich feature set including customer management and quoting, collaborative supplier eRFQ event management, business award and purchase order, spend analysis, and more. QLM Sourcing gives each user organization custom eRFQ templates for different product/service types. Amongst other innovative features is an automated notification function that reminds suppliers of an approaching due date to increase response rates and compliance. Efficiently manage your supply base with configurable document management, segmentation, supplier self-service and performance score-carding. Add new suppliers in seconds with no cost ever to suppliers, all without the overhead of a high-maintenance supplier portal. -
14
MeRLIN Sourcing
MeRLIN Sourcing B.V.
MeRLIN is a Strategic Sourcing Solution offering seamlessly integrated sourcing process automation for RFx/eAuctions, with supplier relationship management and planning functions augmented by advanced analytics functions. It plays a key role in enhancing collaboration between buyers and suppliers on an intuitive and easy to use platform. MeRLIN is modular, flexible, configurable and easy to deploy. It is the go-to solution for the strategic sourcing needs of enterprise sourcing organizations. MeRLIN is an integrated sourcing solution to manage your Direct & Indirect Procurement needs with Supplier Relationship Management, Compliance & Risk management, eSourcing and Planning augmented by Advanced Analytics. Simplify your strategic procurement through extensive automation and enhanced collaboration by bringing together all stakeholders on a single intuitive platform. -
15
Diffbot
Diffbot
Diffbot provides a suite of products to turn unstructured data from across the web into structured, contextual databases. Our products are built off of cutting-edge machine vision and natural language processing software that's able to parse billions of web pages every day. Our Knowledge Graph product is the world's largest contextual database comprised of over 10 billion entities including organizations, people, products, articles, and more. Knowledge Graph's innovative scraping and fact parsing technologies link up entities into contextual databases, incorporating over 1 trillion "facts" from across the web in nearly live time. Our Enhance product provides information about organizations and people you already hold some information on. Enhance let's users build robust data profiles about opportunities they already hold some data on. Our Extraction APIs can be pointed to a page you want data extracted from. This can be product, people, article, organization page, or more.Starting Price: $299.00/month -
16
Tap2Trade
Wings2Aspirations
Tap2Trade eRFI is easy and simple to understand and can be operated from both web and mobile. Buyer can create any type of questions for the information he would like to. With Tap2trade RFP/RFQ process buyer can easily upload complex BOQ’s/BOM’s and vendor can respond on the same either by downloading it thru web in excel or directly. Tap2Trade eBidding best practice template helps in not only automating the negotiation process but drives the best market price from participating vendors and brings. Order awarding is the process used to award the order post evaluating the proposal/ bids of the vendors. Purchase orders allow client to clearly and explicitly communicate their intentions to vendors.Starting Price: $4999.00/year -
17
Team Procure
Team Procure
Team Procure is a cloud-based procurement suite that empowers businesses to manage their purchasing approvals, purchase orders, strategic sourcing, suppliers, and inventory. Conduct RFQ and E-Auction negotiations to secure the best deals with your suppliers. Generate custom reports based on department, project, or category and make data-driven decisions for your procurement strategy. Team Procure caters to both SMBs and Enterprise organizations with the ability to customize our system using powerful software modules. We offer solutions for: • Purchase Requisitions • Custom Approval Workflows • Procurement Management • Supplier Onboarding & Management • RFQs and E-Auctions • Warehouse Inventory Management For large procurement operations, we offer an enterprise-grade solution with dedicated servers. It includes advanced sourcing features, a supplier portal, ERP integrations, and premium support.Starting Price: $250/month (3 users) -
18
Aestiva Sourcing RFQ
Aestiva Software
Streamline your sourcing process with Aestiva Sourcing RFQ. Set up an RFQ and send it out to one or more suppliers. Have them respond online and then, when you're done, compare your RFQs and award a winner. This RFQ package has the features you've come to expect from Aestiva -- the features of the worlds most sophisticated RFQ systems -- but without the price or complexity. Plus, this product includes a custom designed RFQ to ensure you get exactly the RFQ you need. It's why more companies choose Aestiva. Aestiva's RFQ Software systems have low IT overhead and can be deployed quickly. Our "simple-is-better" design philosophy matches well with the goals of Aestiva's medium sized business customers or enterprise customers.Starting Price: $7,495 one-time payment -
19
eSupplier
eSupplier.com
At eSupplier, buyers and suppliers collaborate right from eRFx, Supplier Discovery, eQuote, eCompare, and finally negotiate via reverse eAuctions, in addition, the system generates audit compliance reports as well as provides spend analytics. No Matter if you are a small or large Business, internal sourcing & procurement teams are still stuck with repetitive less efficient manual communication with Suppliers on day to day basis over excel sheets, emails, phone, etc. It's time to Digitize and Automate manual processes which leads not only to work efficiency but allows Businesses to save money using dynamic eNegotiation / eBidding processes. eSupplier's, cloud base platform allows teams to manages end to end sourcing cycle right from inquiry, supplier discovery, and quotation to final negotiation all from a single dashboard. In addition, you can pull all final reports for audit compliance or internal use.Starting Price: $250/month -
20
Ignite Procurement
Ignite Procurement
It’s easier than ever to rethink procurement with a new, advanced spend management standard. Ignite empowers everyone to take the guesswork out of procurement and surge ahead with clarity and responsible decisions. Ignite provides a complete set of cloud solutions to streamline your spend across the full range of strategic procurement activities and gives you the visibility and insights you need for more intelligent, responsible, and efficient procurement decisions. Ignite provides a one-stop-shop to: - Consolidate, clean, and enrich your data - Get advanced no-code procurement analytics - Holistically manage your suppliers and contracts - Drive sustainable decisions and actions With a unified solution for your spend management needs, you eliminate silos and bring strategic procurement to the forefront. -
21
Accio
Accio
Accio is the world's first AI sourcing engine that leverages B2B knowledge to accurately interpret your needs. It is designed to streamline the procurement process by understanding user requirements and delivering tailored solutions. Accio's advanced artificial intelligence enhances efficiency and precision in sourcing, making it an invaluable tool for businesses aiming to optimize their procurement strategies. Leverage real-time data to pinpoint product ideas. Accurately match with verified products and suppliers. Compare millions of best-selling and competitive products. Get AI-verified product and supplier information for each SKU.Starting Price: $0 -
22
ensun
ensun GmbH
ensun uses big data technologies to make innovative suppliers visible in global markets. Whether start-ups or corporates, with us you will find all relevant companies that are really working on innovation and technological progress. Gain market transparency in record time ensun and offers a global overview of innovative suppliers and their technologies, products, and services. ensun uses big data technologies to make innovative suppliers visible in global markets. Whether start-ups or corporates, with us you will find all relevant companies that are really working on innovation and technological progress.Starting Price: $4 per month -
23
Find My Factory
Find My Factory
Five different search methods to make your sourcing, tailored to your needs. Build and collaborate on sourcing projects and build lists to match your projects. Empower your data with our global database. We customize your sourcing to match your categories, products, and suppliers. The heart and soul of the product lies here. Save time by sourcing products and suppliers using five different search methods, allowing you to find what you need in minutes instead of months. Take the lead internally with sourcing projects, organized lists, and a sharing functionality to ensure every stakeholder is on board. Empower your data with our global database. We customize your sourcing to match your categories, products, and suppliers. The heart and soul of the product lies here. Save time by sourcing products and suppliers using five different search methods, allowing you to find what you need in minutes instead of months.Starting Price: $675 per month -
24
Medius
Medius
Simplicity shouldn’t be complicated. Medius makes AP autonomous—using intelligent technology to reimagine how invoices move into and through your business via a process that you don’t have to touch and that gets smarter with every step. Automate the entire source-to-pay process with the Medius Accounts Payable suite. Simplify and automate your entire AP process by removing paper and manual invoice keying, matching, and processing. You’ll always have full visibility of invoices, spend and cash flow to ensure you can close the books on time, every time. Remove complexity, reduce fraud and save money by improving the payments process in your organization. Medius Pay overhauls the way you pay your suppliers, removing manual processes such as processing checks, and promotes automated working instead. Empower your procurement team with the tools they need to eliminate maverick spend. -
25
Promena
Promena Strategic Procurement Solutions
Founded in 2001, Promena stands out as a dynamic force in the digital transformation landscape, continually strengthening its global position through enduring partnerships and a growing customer base. This platform, armed with versatile modules, offers E-Sourcing to optimize sourcing activities with unmatched efficiency. E-Procurement streamlines procurement processes, ensuring cost-effectiveness. Contract Management simplifies handling complex contracts, enhancing compliance. Supplier Relationship Management nurtures robust supplier ties. Quick RFQ facilitates swift, precise quotation requests, boosting responsiveness. The Supplier Network fosters a thriving ecosystem for seamless supplier interactions. Together, these modules position Promena as an all-encompassing solution for contemporary business hurdles, advancing operational optimization and strategic growth. Embrace the change with Promena, and witness a transformation in business efficiency and relationships. -
26
Bonfire
Bonfire
Bonfire is a next generation sourcing enablement platform designed to help modern procurement teams become more powerful and efficient buyers by supercharging collaboration and strategic decision-making. Bonfire assists sourcing teams from project launch and deep data collection, through to strategic evaluation, optimization and e-auction, as well as in tracking KPIs and insights. The solution is suitable for businesses and enterprises, as well as for the public sector. -
27
Xeeva
Xeeva
Xeeva is the leader in indirect spend management solutions that optimize the entire procurement process. From delivering unparalleled data quality and completeness to intelligent guided buying for managing complex procurement operations, take advantage of Xeeva’s unique combination of AI-powered technology, industry insights, and domain expertise to maximize your procurement efficiency and savings. Xeeva transforms indirect spend management with best practices around spend analytics, data enrichment, sourcing, and procure-to-pay solutions that drive better, more strategic decision-making and deliver real financial impact to the enterprise.Starting Price: $75000.00/year -
28
Winddle
Winddle
Monitor efficiently you supply chain operations thanks to simple and data-driven collaboration. Winddle saves your purchasing and supply teams from sending manual reminders, filing reports, and double entries of the data. As a result: fewer errors, more reliability, and more time to focus on their core mission. Powered by proprietary algorithms focused on exception-based and predictive management, Winddle helps all your supply chain counterparts to better anticipate operational issues on dates, quantities, costs and more. Supply chain hazards will be faced with more reactivity and less impact on your activity. Supported by a unique data model, ranging from SKU, to order line, to shipment, to MBL, your supply chain management is natively structured in Winddle. Detailed and configurable analytics (OTD, OTIF, service rate, costs analysis...) will help you drive your Supply Chain performance.Starting Price: $49 per month -
29
Vendx
MavenVista Technologies Pvt. Ltd.
VENDX is a software solution that fits painlessly in your procurement organization. This tool very easily prioritizes the Negotiation and Control aspects of the purchase process while making sure that administrative tasks become easier and more thorough. It is a valuable stand-alone tool, but just as smoothly integrates with your existing software environment. You can be up and running with VENDX almost immediately since we need minimum implementation time and very minimal training for the user. Interestingly, to use VENDX your suppliers just require an email id & can start responding on Vendx from the day one most intuitively! VENDX is a full-featured procurement solution available in your browser no matter where you are! -
30
Market Dojo
Market Dojo
Get the most out of your supplier engagement and procurement activities with our fully on-demand services. We believe in a better way to streamline processes, cut down costs and effectively manage your supply chain decisions using Market Dojo’s on-demand procurement software. All our solutions are designed by procurement professionals and built to help teams, regardless of budgets or experience. Our tools are readily accessible and always easy to use. We are continually developing new and improved features to all our solutions. Working alongside our users allows us to implement the capabilities and features they need to succeed. Whether it’s onsite advanced training, or overseeing the manual build of events, our world-class Customer Success team is here to ensure your team succeeds with our solutions.Starting Price: $775 per user per month
