CobbleStone's E-Sourcing Software supports integrated sourcing and contract management, easy solicitation and bid management, seamless bid document creation with RFx templates and clause library, line-item bids, integrated vendor management with insurance certificate tracking, vendor bid response rating and scoring, vendor diversity tracking, spend management, easy contract awards, electronic signatures, searching and reporting, integrated bid and purchase order management, and so much more for cost reduction during the electronic sourcing and bid tender process!
Integrated e-sourcing management, contract management, procurement software, and purchase order software simplifies managing and tracking the sourcing process. Procurement teams can monitor potential suppliers/vendors that offer requested goods and services, and identify if a request can be fulfilled internally or if it requires a purchase order or contract. Determine items in stock, contracts in place, if a request requires a formal bid, request for information (RFI), or request for proposal (RFP), if budget is available, and if you can release a purchase order.
Appropriate sourcing and vendor management staff receive notifications of new requisitions with centralized details of the sourcing events, items, amounts, and other configurable data required when a user is requesting to acquire a product or service. CobbleStone’s rules-based eSourcing software offers configurable workflows that route requests to the next approval steps.
CobbleStone® aids organizations in meeting e-sourcing compliance and related regulations, centralizes purchasing and e-sourcing management, supports e-sourcing collaboration, automates workflow approvals, better advertises to vendors, provides online bidding, and offers countless other tools to manage the overall sourcing and acquisition process. The eSourcing solution can save time, reduce costs, and streamline sourcing and procurement.
CobbleStone E-sourcing Software offers flexible deployment options for more personalized installation, configuration, and support. Flexible hosting options allow organizations to maximize the benefits of eSourcing systems with cost savings within the first 30 to 60 days. CobbleStone E-sourcing Software may be locally-deployed or hosted by CobbleStone Software as a Cloud/SaaS solution with an annual hosting subscription.
CobbleStone Sourcing Management Software offers in-demand eSourcing tools such as:
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