Conquer your supply chain
Direct Procurement Risk Management for Manufacturers
Ditch disruptions and delays to create a perfectly synchronized supply chain with SourceDay, the only solution engineered for Supplier Reliability, Risk Visibility & Resolution, Cost Containment, and 100% Data Accuracy.
Value delivered by the numbers
With more than a decade of experience and hundreds of millions of accurately processed purchase orders, we've helped more than a few companies realize real cash savings on inventory costs, keep production lines running, and customer orders flowing out the door.
Build a supplier base you can trust
SourceDay is engineered to increase supplier reliability—buyer-supplier engagement, collaboration & accountability—all within a single platform.
Easy for both buyers and suppliers
Flexibility is a core principle, which is why we offer three distinct ways to use SourceDay: interactive email workflows, the SourceDay platform, and EDI. No process changes required.
Set up for success... from the beginning
SourceDay is the only provider with a supplier success team to help drive performance where it counts. We handle everything from invitations to on-boarding to support.
Measuring what matters
SourceDay's Supplier Hub provides actionable performance data at your fingertips. See how your suppliers are performing individually and as a group.
Engagement drives performance
When a supplier acknowledges a PO, on time delivery (OTD) increases by 40%. With 23% more acknowledgements with SourceDay, OTD soars.
The power to see through walls and around corners
SourceDay’s AI-driven platform detects and surfaces risks before they occur, providing actionable insights and automations to prevent disruptions.
- Powered by most robust PO Lifecycle dataset in existence
- Ability to model and predict at the customer level
- Detect, predict, resolve, automate
Stop supply chain disruptions before they start.
Streamline inbound supply while keeping costs in check
SourceDay automates and increases direct procurement accuracy, saving time on task, eliminating downstream workarounds, and enabling more profitable safety stock optimization. We do it with:
- PO task centralization, automation and standardization
- Information accessibility from a single PO dashboard
- Real-time supplier performance visibility
Reduce buffer stock up to 22% and gain up to 80% efficiency in procurement tasks. Achieve 70% faster invoice processing for quicker payments and improved cash flow.
SourceDay optimizes your supply chain for maximum profitability and efficiency across your organization.
Go from iffy to 100% accurate PO data
52% of PO lines will change. And they change an average of 2.5 times. That's a lot to keep up with.
SourceDay securely updates your ERP with any PO changes in real-time. SourceDay not only accurately updates ERP with simple changes such as date, quantity, price but also handles advanced supply chain scenarios.
- Real-time, event-driven ERP updates
- Accurate data centralization
- Standardize processes and automate tasks
SourceDay keeps all partners aligned and on the same page with accurate PO data, always.
THE DIRECT PROCUREMENT RISK MANAGEMENT PLATFORM
Trusted by the world’s leading manufacturers and distributors
Impact beyond procurement
SourceDay delivers value across every area of your business
Heads of Supply Chain gain...
Inbound supply confidence the C-Level can rely on
SourceDay delivers reduced risk, improved supplier performance, and clearer PO visibility and forecasting to align supply with demand. Fewer production disruptions means protecting customer relationships and delivering organization-wide value.
Increased supplier engagement
51% faster responses. 23% more acknowledgements.
Improved supplier delivery rates
44% improvement in parts OTD. 38% improvement in OTIF.
Proactive issue resolution
Advanced notification of potential disruptions with SourceDay Intelligence.
Efficiency gains
50-80% reduction in time spent on procurement tasks.
Heads of Operations enjoy...
Leaner, smoother, more efficient manufacturing processes
SourceDay delivers more predictable inbound supply, meaning your team can build and ship orders on schedule, with clarity and confidence to ensure customer satisfaction...even while reducing buffer stock costs.
Accurate parts availability
Plan with confidence because supply delivery dates and quantities are updated in real time.
Less unplanned downtime
Higher supplier OTD rates mean less production downtime or schedule modifications.
Capacity utilization
Optimize production schedule planning to keep lines running and maximize revenue.
Customer delivery OTD
Ship and invoice customer orders on time and on plan.
Heads of Finance achieve...
More profitable, more predictable bottom line
Reduce avoidable costs, revenue risks and inefficiency by automating manual, error-prone (and critical) parts of your supply chain. Control costs with accurate forecasts and real-time data to capture early payment discounts and reduce working capital tied in inventory.
Cost containment
Avoid late penalties, expedite fees, downtime, overtime; reduce carrying costs.
Quick ROI
SourceDay pays for itself over and over, allowing you to scale business without growing procurement and A/P headcount.
Revenue protection
Avoid revenue misses due to unfilled customer commitments and delivery targets.
Strengthen working capital
Optimize inventory levels by reducing buffer stock and overhead.
The next best thing to a supply chain crystal ball
SourceDay Intelligence helps you to proactively mitigate supply chain risks and ensure on-time deliveries, keeping your business running smoothly and your customers happy.
Frequently asked questions
Have questions? We have answers.
SourceDay’s “how-to” guide will walk you through the steps for conducting an effective inbound supply chain risk assessment and how to combine both strategic and tactical actions, backed by industry best practices, to address the risks you uncover.
SourceDay has 10 years of experience delivering real-time visibility into the end-to-end POlifecycle. We also hold the most comprehensive PO management dataset in existence. This combination powers unique insights to identify and mitigate the most critical areas of supply chain vulnerability and risk.
SourceDay’s vast dataset of more than 97K suppliers, $59B in managed spend, 100M PO updates per year, and 75M in-platform and email messages makes up a unique collection of PO behavior. The PO updates and in-platform and email messages, for example, represent PO Lifecycle Management actions that exist nowhere else. This proprietary data drives the patent-pending risk modeling, trend identification, and pattern matching capabilities in SourceDay Intelligence.
Supply chain disruptions can turn into a business catastrophe when a single late or incomplete order can cause cascade effects from the production line to accounts payable. Handling risks before they become disruptions reduces production line delays and the need for increased buffer stock, ensures accurate ERP PO data, improves on-time customer order delivery, and enables faster invoicing. This leads to greater financial and operational performance, confidence, and value across the organization.
SourceDay gathers risks from across the entire PO lifecycle into a single view. Users get full visibility and efficient management from one dashboard. SourceDay Intelligence highlights unforeseen risks, recommends effective resolutions for all risks, and automates custom resolution workflows. Your team can more quickly and efficiently resolve risks to keep your supply chain, and your overall operations, on track.
Where’s your supply risk?
Do a risk assessment. And then let’s talk about how SourceDay can eliminate it.