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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.

Background pattern in intro area. SourceDay supply chain management software customer testimonial quote.

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.

  • 22% savings

    in reduced buffer stock
  • up to 96%

    parts OTD
  • 70% faster

    PO / invoice reconciliation
  • up to 80%

    procurement efficiency gains

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.

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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.

“Who in the world thought, in the midst of a pandemic, that a company would see improvement in any metrics, let alone supply chain metrics and on-time delivery metrics?”

- JB AeroTech

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.

Inbound Supply Chain Risk Assessment

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.

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Where’s your supply risk?

Do a risk assessment. And then let’s talk about how SourceDay can eliminate it.