FAQ Video Series #2

SourceDay FAQ Video #2: PO Collaboration with Training & Content Specialist Lisa Furler

Training and Content Specialist Lisa Furler walks through our purchase order (PO) collaboration solution, how we integrate with your ERP, who actually uses SourceDay, and what improvements you’ll see when switching to SourceDay.

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FAQ Video #2: PO Collaboration

Q: How does SourceDay’s PO Collaboration solution for direct materials POs allow you to collaborate with your suppliers?

A: SourceDay’s dashboards, alerts, messaging, and timely reminders help orchestrate buyer and supplier workflows so every action happens exactly when it’s supposed to, nothing slips through the cracks, and everyone has visibility into accurate data across the supply chain.

Q: We integrate with the ERP’s Material Requirements Plan (MRP). What does this mean?

A: SourceDay automatically detects PO line changes and updates directly from the MRP and communicates them to suppliers.

Q: How does SourceDay simplify PO collaboration for suppliers?

A: Instead of relying on hundreds of emails, phone calls, and spreadsheets, SourceDay centralizes every PO task for suppliers, so they know what responses are needed, what has changed, which order lines are hot and which are coming due next.

Q: What is unique about SourceDay’s PO management solution?

A: Purpose-built for direct materials teams in manufacturing, wholesale distribution, and retail companies, SourceDay proactively orchestrates buyer-supplier workflows with accuracy and visibility.  SourceDay has hundreds of customers using Epicor, NetSuite, Infor Syteline, Infor Visual, Infor LN, and Acumatica, so we know a thing or two about data integrity. Data is written directly into the customer’s ERP so they can quickly adjust production schedules and commitments. And no other solution does more for suppliers: SourceDay guarantees a 70% supplier adoption and gives them the tools they need to work with you as a valued strategic partner.

Q: How does SourceDay’s PO collaboration system integrate with my ERP?

A: SourceDay integrates with both on-prem and cloud-based ERPs to sync all relevant information like PO data, vendor information, and more. If you have an on-prem system, we recommend REST APIs, but SourceDay can also use other methods like SOAP APIs or SQL Views.

Q: What types of companies use SourceDay?

A: SourceDay works with midsized (and larger) manufacturers, wholesale distributors, and retailers, as well as all of their suppliers.

Q: Who actually uses SourceDay?

A: The SourceDay solution is for anyone who needs collaboration tools and visibility across the supply chain, including buyers, AP clerks, procurement executives, supplier customer service reps, sales reps, and managers.

Q: What are the biggest improvements I will see in using this tool as a buyer?

A: For buyers, SourceDay eliminates up to 70% of all late order lines and 30% of their daily PO workload. Customers see far fewer inventory stock-outs, better inventory turns, and virtually no supplier surprises.

Q: What are the biggest improvements I will see in using this tool as a supplier?

A: Suppliers get much better on-time-in-full performance for their customers, increased inventory turns, and much better cash flow. And they can rest assured that nothing will slip through the cracks.

Q: What are the biggest improvements I will see in using this tool as someone in finance?

A: Finance professionals will see FAR fewer mismatched invoices and much faster spend-to-invoice capture in their ERPs.

Q: How much IT resources will be required to implement SourceDay?

A: IT will typically need to plan for about 15 hours over the course of the PO Collaboration Prep and Production phases, and about 7 hours for Invoice Automation. This process typically lasts 30-60 days, and during the sales cycle, the SourceDay team will connect with your IT pros to review your ERP set up and get aligned early in the partnership. SourceDay has proven integrations with hundreds of customers using Acumatica, Epicor, Infor Syteline, Infor Visual, Infor LN, NetSuite, and more.