Sourcing software is software to help companies identify, evaluate, engage, and manage suppliers and vendors—enabling strategic sourcing rather than just transactional purchasing. It supports key processes such as supplier discovery, qualification, bid/tender management (RFI/RFP/RFQ), supplier performance evaluation, and contract awarding. As the first stage of the supply chain or procurement journey, sourcing software helps organizations optimize costs, secure quality, manage risk, and build resilient supplier networks. According to industry sources, sourcing is distinct from procurement: sourcing focuses on the “who” (which suppliers) and the selection, while procurement covers the “what” (goods/services) and the purchase process. By automating and digitizing sourcing workflows, organizations gain visibility into supplier markets, spend categories, risk exposures, and opportunities for value creation. Compare and read user reviews of the best Sourcing software for Startups currently available using the table below. This list is updated regularly.
P3 Software
Sage Supply Chain Intelligence
Tradogram
Cvent
CobbleStone Software
Prokuria
Tipalti
RAIZ.Tech
Sourcing Acumen
ProcurePort
QSTRAT
Diffbot
Wings2Aspirations
Aestiva Software
Bid Ops
eSupplier.com
SourceRFX
Accio
ensun GmbH
Find My Factory
Promena Strategic Procurement Solutions
Bonfire
Xeeva
Winddle
MavenVista Technologies Pvt. Ltd.
Market Dojo
Sourceit
Alpega TMS
Noventia
Spendency