Best Free Sourcing Software
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Compare the Top Free Sourcing Software as of November 2025
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What is Free 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 Free Sourcing software currently available using the table below. This list is updated regularly.
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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 -
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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. -
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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 -
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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. -
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Requis
Requis
Requis is a cloud-based platform that connects buyers and sellers of industrial materials. It is a one-stop shop for procurement professionals, suppliers, vendors, and collaborators to complete procurement and environmental, social, and governance (ESG) activities. Requis digitizes procurement and sourcing activities and consolidates supplier information in a crowdsourced solution. This makes it easier for businesses to find the best suppliers, negotiate better prices, and improve their ESG performance.
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