eSourcing Software

Streamline your Processes with eSourcing Software for Procurement Professionals.

ARCUS® Source, our full eSourcing software solution, provides a central platform for procurement professionals to efficiently manage sourcing from supplier selection to negotiation.

All eSourcing projects adhere to one standardised process across your organisation, instead of working in silos. With our dedicated modules covering tenders, auctions and strategic sourcing management, you can easily measure and set project targets, such as cost savings.

The solution consists of three eSourcing software modules, which work together to form a wider platform.

About eSourcing Software:

Although each ARCUS® Source module functions effectively on a standalone basis, when used together they offer additional opportunities for time and cost-savings. This provides you with the opportunity to implement the best possible sourcing practices, unlike paper-based, manual systems.

ARCUS® Source ensures all goods are sourced from suppliers who have proven they can meet your needs while also achieving the best market value for goods and having a full overview of procurement’s current and future projects.

What of the Benefits of eSourcing Software?

  • Automatically migrate supplier data from tender to auction, rather than transferring data manually.
  • Centralised eSourcing in one location, instead of siloed spreadsheets.
  • Seamlessly take suppliers through the sourcing process
  • Avoid extended cycle times due to missed deadline with alerts and reminders.
  • Track savings with oversight across projects, so that you can see your progress.
  • Identify potential project bottlenecks before they occur
  • Reduced procurement project cycle
  • Comprehensive scoring functionality
  • Assistance from eSourcing consultants
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ARCUS® Smart Technologies

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Artificial Intelligence

Streamline process, improve decision making and proactively manage risk with intelligent AI-features.

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Connect

Integrate with ERP systems, external data sources, and other ARCUS® solutions.

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Automation

Automate repetitive and time-consuming tasks, streamline workflows, and delegate authority.

The eSourcing Software Modules

ARCUS® Strategic Sourcing Management (SSM) - eSourcing Software - source-to-contract

Procurement professionals manage sourcing projects via a powerful workflow tool which maps sourcing projects to your preference.

ARCUS® eRFX - eSourcing Software - source-to-contract

Run, manage and track large requests for information. Select which suppliers to pre-qualify and easily transfer the record to ARCUS® eAUC.

ARCUS® eAUC - eSourcing Software - eAuction Software - source-to-contract

Execute live eAuctions in real time with a cloud-based platform. Allow potential vendors to bid on a particular contract. Suppliers are pre-qualified for the auction through eRFX.

Data Visualisation with ARCUS® Analytics

Leverage real-time data, customisable reports, and interactive dashboards to demonstrate savings, gain valuable insights and make informed sourcing decisions.

Frequently Asked Questions

1What is eSourcing?
eSourcing, or electronic sourcing, refers to the process of selecting a supplier for a specific contract via a digital means. This involves running a tender and often allowing potential suppliers to compete in an auction. The eSourcing process allows companies to assess which supplier is the best fit for the job.
2What are the benefits of eSourcing tools?
eSourcing tools allow users to both centralise and optimise their approach to eSourcing. This could be from the perspective of time-savings, as digital tools allow teams to work more efficiently. It could also be from the perspective of data insights, and maximising value. Digital systems allow users to delve deeper into data from eSourcing projects, identify patterns in data, and progress towards targets.
3How do e-sourcing tools save money during procurement?
eSourcing tools save time by reducing repetitive admin. Capacity can then be redirected to more challenging, strategy-based projects, which help propel businesses towards their targets. Additionally, an optimised eAuction strategy can drive down costs from the expected price, resulting in savings for the user.
4How does ARCUS® improve your sourcing process?
ARCUS® has modules covering tenders, eAuctions, strategic sourcing management, and data visualisation. These modules streamline the sourcing process, give you speedier tenders and increased auction capabilities, to bring you closer to sourcing goals.