Home | Why SourceDay

Why SourceDay

Simply stated, your business runs better

Up to 70% of supply chain issues happen before shipment making PO Lifecycle Management a critical and risk-prone area of supply chain management. Yet, still today it's significantly under-powered.

SourceDay changes all that.

With our new patent-pending AI and Machine Learning, you get predictive insights and actionable paths to resolution to prevent inbound supply issues before they delay or disrupt your operations.

Visible results across the organization

For manufacturers and distributors, visibility is critical. SourceDay delivers real-world results from procurement to operations to inventory to finance.

  • up to 80%

    procurement efficiency gains
  • 22% lower

    in buffer stock
  • up to 96%

    on time parts delivery
  • 70% less

    time to reconcile invoices

Risk management is built into everything we do

With SourceDay, risk mitigation controls are extended to critical supply chain links and processes that are known for causing significant and sometimes disastrous operations disruptions.

Stronger collaboration is the key

SourceDay's proprietary supplier engagement program delivers industry-leading supplier participation. That means more suppliers are actively engaged, and inbound supply OTD soars. Our Supplier Scorecards keep supplier performance on track.

Leapfrog the competition

SourceDay’s patent-pending AI-powered technology enables you to turn PO Lifecycle Management into a competitive advantage. We’ve solved the hard to fix issues that riddle supply chains with uncertainty, extra cost, higher risk, and lower margins.

SourceDay pays for itself. Let us show you how fast.

Unparalleled experience and data

SourceDay has the most comprehensive PO Lifecycle Management database in existence, driving game-changing insights for our customers.

  • $43B

    in direct spend through our platform
  • 100M

    PO updates per year
  • 75M

    in-platform and email messages per year
  • 80k

    suppliers on platform

More time for strategy

With SourceDay, you can focus on what matters most (staying competitive and growing revenue) knowing this critical part of your supply chain is operating at peak performance.

“Before SourceDay, we were talking about a multi-million dollar expansion for warehouse space. Now, we’ve reduced on-hand inventory by 22% and we’re actually looking at no longer storing production components at an offsite warehouse.”

- BraunAbility

“We met our SourceDay partners at an (ERP) user group meeting and we saw the demo. It wasn’t long after we saw the demo that we were planning our SourceDay implementation.”

- Chatworth Products

“Risk management is always top of mind for us. Anything coming in late has an impact on our production, which in turn impacts delivery. This was one of the key drivers for us wanting SourceDay.”

- Prairie Machine

“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

“This has had a huge impact on our business. It’s critical that the information we use to make business decisions is accurate, timely, and drives the valuable analysis that our teams need to meet our customers’ demands. This is a critical value we’ve unlocked with SourceDay.”

- Marine Layer

“SourceDay has helped us to be able to manage our POs in a more efficient way. The platform has also helped reduce the number of emails my team and I are receiving as we previously were managing any PO confirmation, proposed change, shipping, and invoicing via email.”

- McGee & Co

“30% or 3 hours of each planner’s daily workload is eliminated due to automation in SourceDay’s PO Collaboration solution. Removing manual tasks allows our people to focus on strategic value for our organizations.”

- Progress Rail

“Having Sourceday in our system is awesome, it helps me do my job faster and easier, I can all see the late POs in just a click away.”

- RedCat Racing

“One of the greatest benefits that we’ve seen to date is the time-savings for each of our buyers. After streamlining the communication process between buyers and vendors…we’re seeing a savings of 1-2 hours per day.”

- Napoleon Products

Background pattern in intro area.

Now’s the time for SourceDay

See how we can help you whip your supply chain into shape.

See SourceDay in action