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EC eSourcing

EASIER & MORE EFFICIENT SOURCING

Simplify and streamline sourcing while boosting speed & transparency

EC eSourcing Solution

Companies large and small are making the switch to EC eSourcing because of the unique combination of robust functionality and ease of use. Sourcing can be complex, labor intensive and time consuming. Our teams and technology combine to digitally transform processes — saving time, improving results and driving more savings more quickly.

eSourcing solutions for & by practitioners like you

Capabilities Snapshot:

  • All Event Types – Sealed Bids, RFI, RFQ, RFP, RFx, etc.
  • Seamlessly flows into eAuctions & award optimization solutions
  • Complex eSourcing or simple “3 bids and a buy”
  • Globally used across all industries and supplier segments
  • Extensive questionnaire & survey format types
  • Configurable to your sourcing process and approach
  • Bidder feedback & weighted scoring available
  • 1:1 Training with your data in a real, live event setting
  • Unlimited dimensions and calculations
  • Custom reporting and export available throughout
  • Compatible across sourcing categories, industries, and data systems (e.g. ERP, P2P, TMS, CRM, VMS)
EC eSourcing Overview Video

Our teams have experience in the RFP trenches and partner with sourcing leaders to accelerate the impact of digital & procurement transformation initiatives – all while improving results and supplier performance

Meet Our Team
Client Results

Improving sourcing results, supplier engagement, and procurement ROI with client-driven enhancements

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Excel-friendly upload/download the majority of project content
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Numerous types and unlimited template possibilities for rapid and efficient re-use
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Supplier input controls – receive desired content in preferred formats
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Open API allows for turn-key integration with all other data systems
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Automated reminders to ensure suppliers stay on track
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Rich specification management – upload thousands in just a single zip file
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Optional gating for confidentiality & managing Ts and Cs up front
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Artificial Intelligence (AI) & Machine Learning (Text Analysis & Navigation)

Solutions that help procurement & sourcing teams…

Expansion
Expand value rapidly to new departments and categories
Shorten Time
Shorten traditional RFx & sourcing cycle times by 40-60%
Savings
Drive average annual savings improvements of 15-30%
Insights
Generate actionable insights & transfer more knowledge
Increase
Increase influence & spend under management by 20-40%
Process
Align more effectively & securely across data systems & stakeholders

Discover how leading procurement organizations leverage our solutions and team as an extension of their own to optimize value & results

Case Studies

EC eSourcing (formally FlexRFPTM) is our eSourcing sourcing event & RFP project management toolkit, a highly intuitive and configurable solution embraced by both buyers and suppliers alike.

EC eSourcing is continually enhanced to align with industry best practices in terms of data security, regulatory compliance, and SaaS-specific deployments for Global Supply Chain, Sourcing, Procurement, Purchasing, and Finance professionals across virtually all industry segments.

RECENT BENCHMARKS FOR SOURCING SOLUTIONS
EC eSourcing Charts

Experience dynamic technology that helps put an end to…

Impossible–to–find project data you’ve used previously
Internal audits that are painful because of lack of documentation
High costs due to data integrity & integration challenges
Stakeholder & supplier frustration with the tools or process
EC eSourcing Statistics

Use EC eSourcing if you’re moving away from in-house production and toward contracting with offshore suppliers.

Instead of annual or multi-year contract negotiations across the marketplace of suppliers, the product sourcing software lets you access a large volume of quote requests that are sent to a known audience of trustworthy suppliers frequently.

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REVERSE & ONLINE E-AUCTIONS

Learn how innovations such as those within EC eAuctions can help improve sourcing results

In addition to sourcing and quoting, EC Sourcing Group offers many secondary negotiation options, including standard forward, reverse auctions, and soft auctions, which are a good alternative to the traditional reverse auction process.

MORE THAN 18% AVERAGE ANNUAL SAVINGS WITH OUR SOLUTIONS

Auctions and auction software ensure that you achieve true market pricing for any goods or services in the shortest time possible.

Powered by EC eSourcing, our eAuction software procurement module is straightforward, robust, easy to set up, and can manage virtually any bid template need—from standard commodities to complex total cost of ownership formula-based purchases.

eAuction software includes the powerful features you need and links seamlessly with our eRFx solution. Used in conjunction with tools such as our RFP management software, you can manage other aspects of procurement, and streamline your efficiency.

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Featured Resources

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MOST RECENT BENCHMARKING REPORT

EC Sourcing Group ranks as a ‘Value’ & ‘Customer’ Leader in Latest eSourcing Benchmarking Study

eSourcing Results & Methodology Review
READ MORE
WHITE PAPER DOWNLOAD

The Trusted Advisor

E-Book Series: Procurement Stakeholder Alignment
Digital-related transformation projects have marched up the priority list with a marked increase in departments looking to leverage advancements in technology to accelerate value.
DOWNLOAD TO LEARN MORE

EXPLORE OUR OTHER PROCUREMENT & SOURCING SOLUTIONS…

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EC Spend
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EC eAuctions
EC Optimize
EC Optimize
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EC Supplier
EC Contracts
EC Contracts
EC Workflow
EC Workflow
EC Insights
EC Insights
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