Autonomous Sourcing automates the sourcing of tactical and tail spend, removing the manual effort involved in lower-value spot buys. It automates the entire tender process with easy-to-build workflows, covering intake, event creation, supplier selection, bid collection, analysis, and award without human intervention. This allows procurement teams to have improved governance and visibility into all spend, extending sourcing best practices to the entire business. The software ensures a compliant and competitive bidding process, driving savings even in volatile markets. It integrates with upstream and downstream systems, leveraging existing data and minimizing training needs. Business users can initiate automated sourcing events using natural language, eliminating rogue spend and improving control. The system's Intelligent Intake uses AI to recommend suitable automated workflows based on user input, helping requesters easily search for what they need and automatically populating the information needed to start the automated event. Custom-built automated workflows can be created for any category based on specific requirements using a workflow builder. Once built, these workflows can be reused, ensuring consistent best practices throughout the business. Approvals can be set as needed to maintain proper controls. Customers have reported significant benefits, including a reduction in workload, automation of tasks in manufacturing, automation of events in food & beverage, fewer calls to procurement in direct materials, and hours saved in technology. Users highlight the usability and ease of initiating sourcing events, as well as the ability to report, capture, and track data.

Features

• Remove 100% of workload
  • Automate the tender process for lower value and urgent spend and free your sourcing team to focus on strategic work.
• Automate sourcing for any category
  • Easily create custom built automated workflows for any category based on its specific requirements with our workflow builder.
• Create once, use often
  • Once built, each workflow can be used again and again, ensuring best practice is applied throughout the business.
• Improve compliance
  • Because these workflows are custom built per category, approvals can be set as needed and remain with the sourcing team to ensure proper controls.