Spend Analysis

Unify Spend Data and Maximize Savings
Understanding and managing spend is critical to leveraging your corporate buying power and increasing your bottom line. Knowing – at the granular level – how and where your company is spending its money is the key to enjoying greater profits. Continue reading


More Efficiency, Transparency and Savings
Sourcing can be highly complex, labor intensive and time consuming. If you’re spending too much time on RFP management, bid analysis spreadsheets, or the myriad of other tasks associated with sourcing, look to EC Sourcing for your strategic sourcing solution. eRFx/eSourcing makes email based excel or word sourcing a thing of the past!
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Reverse & Soft Auctions

When vendors compete on price, you win
In addition to sourcing and quoting, EC Sourcing Group offers many secondary negotiation options, including standard forward and reverse auctions, reverse auction websites and Soft Auctions, which are a good alternative to the traditional reverse auction process.
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Project Management

More Efficiency, Transparency and Savings
Our Project Management module allows you to create your own process / workflow / task assignment template(s) to help manage complex business processes. Certain processes that involve many departments can be difficult to manage without a centralized solution to track and maintain all important information.
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Supplier Corrective Action

Quickly identify and correct issues
You work hard to maximize procurement savings. So when shipments are late, damaged, or otherwise incorrect, managing corrective action becomes vital for protecting your margins.
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Contract Management

Managing risk is a business imperative
Failing to manage risk jeopardizes compliance profitability, and ultimately, the future of the organization. At the heart of risk management is the process of methodically and efficiently managing corporate contracts from initial negotiation, authoring, and collaboration through compliance and performance management.
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Supplier Management

Efficient Vendor Management is a Critical Business Function
The performance of your vendor partners directly affects your company’s competitiveness, operating efficiency and cost structures – especially with increasing globalization and outsourcing.
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