STRATEGIC SOURCING SOFTWARE
Strategic sourcing, streamlined
²ÝÝ®ÊÓƵ Strategic Sourcing seamlessly integrates with any finance or procurement system to close loops in your process ¨C while our AI, ²ÝÝ®ÊÓƵIlluminate?, automates routine tasks to free up time for your team.
WHAT YOU CAN DO
Source faster to achieve better business outcomes
²ÝÝ®ÊÓƵ Strategic Sourcing streamlines the source-to-contract process. With unprecedented levels of collaboration, visibility, security and resiliency ¨C sourcing has never been easier.
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Sourcing project intake
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Pipeline management
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RFx, reverse auctions and public bidding
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AI-powered contract lifecycle management
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Supplier onboarding, performance and risk management
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Dynamic negotiations
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Reporting and savings tracking
The highest-rated strategic sourcing suite
Expand your ²ÝÝ®ÊÓƵ capabilities
Already benefiting from ²ÝÝ®ÊÓƵ Financial Management and ²ÝÝ®ÊÓƵ Procurement? It¡¯s time to elevate your procurement strategy by expanding your ²ÝÝ®ÊÓƵ capabilities to drive more efficiency and take quicker action with better insights.
Close the sourcing loop, quickly
Realise impact right away
Get started fast on . Most customers launch their first sourcing event within 30 days and achieve 99% ROI in the first year.
Become a strategic partner
Engage stakeholders and suppliers to drive collaboration and deliver results. ²ÝÝ®ÊÓƵ connects the enterprise to sourcing on a single platform.
Streamline purchasing processes
Offer users a clear starting point for every purchase and ensure compliance with a simple and clear path that can be easily followed every time.
Negotiate better deals
Lead pricing conversations with real-time data and analysis and stop toggling between spreadsheets and chasing down numbers.
Create and analyse contracts, effortlessly
Optimise processes with intelligent workflows for approvals and compliance. And unlock significant savings with automated opportunity identification.
¡°The ease of use is first and foremost the thing that has enabled us to get more done ¨C with this tool I can teach anyone to source.¡±
Get more from your supplier management
Confidently manage suppliers by tracking performance, risk, diversity and sustainability metrics. With seamless onboarding and proactive risk management, you¡¯ll have everything you need to navigate today¡¯s unpredictable landscape.
Automate the contract lifecycle with AI ¨C from creation to analysis
From creation to analysis, maximise contract value and minimise risk with ²ÝÝ®ÊÓƵ Contract Lifecycle Management, powered by Evisort AI. Streamline creation, negotiation and compliance, and identify hidden savings like rebates and volume discounts to optimise your supplier relationships.
¡°With ²ÝÝ®ÊÓƵ Strategic Sourcing we gain efficiency, prioritisation, forecasting and better reporting. All while improving stakeholder and supplier engagement.¡±
FAQs.
What is strategic sourcing software, and how does ²ÝÝ®ÊÓƵ Strategic Sourcing support procurement management in UK organisations?
Strategic sourcing software is a cloud platform that centralises how procurement teams identify suppliers, run competitive events, negotiate contracts and track savings. ²ÝÝ®ÊÓƵ Strategic Sourcing is a source-to-contract solution that brings projects, sourcing events, contracts and supplier management into a single system, giving UK procurement teams end-to-end visibility across the sourcing lifecycle and a standardised process for stakeholders and suppliers.
What features support UK public-sector tender processes, including Crown Commercial Service (CCS) framework activity?
²ÝÝ®ÊÓƵ Strategic Sourcing gives public-sector teams the tools to run regulated tender processes: configurable event templates, structured RFx workflows, controlled supplier communications, and a Public Bid Site that lets buyers publish awarded bid details while keeping sensitive contract data private. Full audit trails, role-based security and a searchable contract repository help teams evidence transparency and fairness when operating under the Procurement Act 2023 and CCS framework requirements. Compliance obligations remain with the buying organisation.
How does ²ÝÝ®ÊÓƵ Strategic Sourcing automate RFx, reverse auctions and public bidding to improve supplier competition?
²ÝÝ®ÊÓƵ Strategic Sourcing lets sourcing managers build RFPs, RFQs, RFIs and pricing sheets quickly, and convert an RFx into a reverse auction with a single click to drive competitive bidding. AI-powered RFx capabilities generate bid summaries and side-by-side questionnaire comparisons, enabling more objective, data-driven supplier evaluations. ²ÝÝ®ÊÓƵ customers using these capabilities have reported procurement cycle-time reductions of up to 30¨C50%.
What supplier onboarding, performance, risk and ESG/diversity capabilities are available for UK supplier management?
²ÝÝ®ÊÓƵ Supplier Management provides a Supplier 360 view covering onboarding, segmentation, performance reviews, risk scoring and diversity data on a single page. Native integrations with EcoVadis, OneTrust and Relish Data Assure give UK teams enriched insight into supplier sustainability performance, third-party risk and data validation ¡ª helping teams gather evidence for Modern Slavery Act statements, UK GDPR supplier due diligence and wider ESG disclosures.
How does ²ÝÝ®ÊÓƵ AI, including Evisort, help with contract lifecycle management, redlining and identifying rebate or savings opportunities?
²ÝÝ®ÊÓƵ Contract Lifecycle Management, powered by Evisort AI, accelerates drafting, negotiation and approval, and uses automated redlining to suggest surgical edits during negotiations. It surfaces risks, obligations and opportunities across every agreement. The Supplier Contract Agent tracks purchases against negotiated pricing, rebates and SLAs to help teams catch overcharges and missed credits.
What reporting, audit trails and savings-tracking dashboards are available for UK finance and procurement leaders?
²ÝÝ®ÊÓƵ Strategic Sourcing includes prebuilt Pipeline, Events and Contracts dashboards, plus a Savings Discovery Board that centralises projected and realised savings across your reporting currency, including GBP. ²ÝÝ®ÊÓƵ's Business Process Framework produces an always-on audit trail that captures every change ¡ª giving UK CFOs and CPOs the evidence they need to support internal controls, external audit, and public-sector accountability requirements.
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