One Place for Everything
SourceDay makes the job of a buyer easier, simpler, and a whole lot more enjoyable. We automate the PO lifecycle so there are fewer risks, less cost, and better outcomes.
Key Features
One of the biggest challenges for manufacturing and distribution buyers is efficient collaboration with suppliers. A delay, an error, poor quality materials or a miscommunication with a supplier can have detrimental implications with ripple effects that impact the end customer.
Greater Visibility
Get instant access to the status of every line item of every order. Quickly identify what’s helping or hurting your business.
Better Communication
Receive timely PO acknowledgments without hounding suppliers. PO changes and buyer-supplier collaborations are date and time stamped.
Accurate Data
Every buyer-supplier communication thread is captured for historical reference. All PO changes are automatically in your ERP.
Internal Team Collaboration
All roles across the business gain access to PO activity to eliminate “Where are my parts?” questions.
SourceDay eliminates all of the headaches associated with purchase order and supplier management.
ERP systems, like Infor, NetSuite and Epicor, help companies manage their businesses from financial operations to inventory management, production, and customer fulfillment. As good as ERP systems are, they all have feature gaps in functionality. Once the ERP establishes requirements and the POs are generated, most buyers leave their ERP systems and rely on static, manual spreadsheets, emails, phone calls, and faxes to handle the rest. This causes inaccurate data in the ERP system, which then leads to difficulties in scheduling production runs and forecasting deliveries to customers.
PO Exceptions
SourceDay’s PO Exceptions module helps procurement teams manage move outs, move ins, and PO cancellations to protect cash flow and revenue.
Single Source of Truth
We help buyers standardize and automate the entire PO lifecycle to achieve one source of truth. Buyers and suppliers use a single solution to update POs, accept, and reject changes.
Managed Services
Get the most value out of SourceDay’s solution with 1:1 training and unlimited access to technical support. SourceDay’s in-house experts are here for your users, including suppliers, every step of the way.
Grade Supplier Performance
SourceDay’s built-in, ISO certified, supplier scorecard helps you manage performance and keep your suppliers accountable by measuring metrics like price variance, on-time delivery, quality and responsiveness.
Integrations
SourceDay’s cloud-based purchase order management software integrates with the most commonly used ERP systems to streamline and digitize the purchase order process.
A Buyer’s Dream
Once the PO is created, that’s when SourceDay takes over as the conduit between the buyer’s ERP and the supplier. No more spending hours tracking down orders or digging through emails with our automated purchase order system.
Greater Visibility
Buyers have instant access to the status of every line item of every order. Buyers can quickly identify problem areas, such as unacknowledged POs, late items or PO changes. Order changes are highlighted for buyers to “accept” or “reject” with one click. Buyers can quickly identify which suppliers are helping and hurting your business.
Better Communication
Buyers receive timely PO acknowledgments without hounding suppliers. PO changes and buyer-supplier collaborations are date and time stamped for auditing. Real-time supplier scorecard allows buyers and suppliers to instantly assess performance. Suppliers are automatically reminded when POs are nearing their due dates, are late or are expedited.
Accurate Data
Every buyer-supplier communication thread is captured for historical reference. All PO changes like due dates are automatically fed back into buyer’s ERP. Suppliers can import data directly from SourceDay to their system with no manual entry.
Internal Team Collaboration
All roles across the business gain access to PO activity to eliminate “Where are my parts?” questions. Employees can schedule coverage and manage other buyers’ POs when they’re out of office. The need for unnecessary meetings is drastically reduced.
SourceDay facilitates a lot of the notification and communication processes by letting users know when they have to take action on things. We see the ability for both users on the procurement side as well as the vendor side to get access to information very easily.
Discover SourceDay Today
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