Procurement System for Enterprises.
AI buyers handle the RFQs and purchase orders: the outreach, the follow-ups, the paperwork. Your team keeps the decisions. Procurement time drops by 70% or more.
See it working
Requests
In bidding
POs issued
The problem
Ask any buyer where the week went. It went into emailing suppliers for quotes, rebuilding the comparison spreadsheet after a late offer arrived, and chasing an approval that got buried in someone's chat. And when finance asks why a supplier was picked, the answer lives in an inbox.
The solution
An AI buyer picks up each requisition and runs the sourcing cycle. It searches your supplier base, our global network, and the web, sends the RFQs, negotiates, and builds the comparison chart. Every step stays on the record, so any award can be audited months later.
Cut 70% of the hours your team spends on repetitive procurement work
Every decision documented and auditable, from first RFQ to signed PO
8% average savings, mostly from quoting more suppliers per purchase
Everything you need in a procurement system.
Automated RFQs
Load a purchase request and Sourced contacts the suppliers, sends the technical requirements, and collects the quotes while your team works on something else.
AI-powered comparison charts
Quotes arrive in every format; Sourced normalizes them into one chart and scores each offer on price, quality, lead time, and how reliable the supplier has been.
Supplier management
One record per supplier: performance history, evaluations, and every conversation. The knowledge stops living in a buyer's inbox.
Configurable approvals
Multi-level workflows that follow your org chart, by amount, category, or cost center. Approvals stop happening over email.
Full traceability
Every step is recorded, from the request to the delivery. When the audit comes, the trail is already there.
ERP integration
Purchase orders sync automatically with Odoo, SAP Business One, NetSuite, and other ERPs. No rekeying.
Frequently asked questions about the procurement system.
What is a procurement system?
A procurement system is a platform that centralizes and automates the process of acquiring goods and services for a company. It includes supplier management, purchase requests, tenders, quote comparisons, approvals, and purchase orders.
How long does it take to implement Sourced?
Basic implementation takes between 1 and 2 weeks. It includes setting up your account, uploading existing suppliers, defining approval workflows, and integrating with your ERP if needed.
Does Sourced replace my ERP?
No. Sourced complements your ERP by specializing in the procurement process. It integrates with ERPs like Odoo, SAP Business One, and NetSuite to sync purchase orders and keep information up to date in both systems.
What size company needs a procurement system?
The threshold is volume, not headcount. Past 20 purchase orders a month or 10 active suppliers, running procurement by hand starts costing real money. Sourced is built for mid-sized and large companies worldwide.
How does Sourced's AI work?
Our AI buyers work like virtual procurement agents. Given a requisition, they search your supplier base, our global network, and the web, contact suppliers by email, and collect the quotes. They categorize products, build comparison charts with a weighted score, and flag invoice discrepancies before payment.
What's the difference between procurement software and purchase order software?
Procurement software covers the full sourcing cycle: RFQs, supplier evaluation, comparisons, and approvals. Purchase order software focuses on creating and tracking POs. Sourced does both: it automates sourcing with AI buyers and generates purchase orders that sync with your ERP.
Cut procurement time by 70%. See it live
Schedule a 30-minute demo and watch AI buyers run RFQs, comparisons, and supplier outreach on purchases like yours.