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eSourcing SolutionEsker

Optimize supplier engagement and procurement efficiency with Esker's eSourcing solution.

Product details

Overview: Esker’s eSourcing solution, developed in collaboration with Market Dojo, empowers procurement teams to efficiently manage and procure goods and services from external suppliers. By facilitating tenders and enabling negotiations through on-demand auctions, users can identify the most suitable suppliers, resulting in significant time and cost savings. The solution's seamless integration and user-friendly interface ensure rapid deployment and a positive return on investment within days.

Features and Capabilities:

  • Tender Management: Streamline the creation, distribution, and evaluation of Requests for Information (RFIs), Requests for Proposals (RFPs), and Requests for Quotations (RFQs) within a centralized platform.​
  • eAuctions: Conduct dynamic, competitive bidding events to secure favorable pricing and terms from suppliers, enhancing negotiation outcomes.​
  • Supplier Collaboration: Facilitate transparent communication and document sharing with suppliers, fostering stronger relationships and ensuring alignment throughout the sourcing process.​
  • Real-Time Analytics: Access comprehensive dashboards and reports that provide insights into sourcing activities, supplier performance, and cost savings, enabling data-driven decision-making.​
  • Compliance and Risk Management: Ensure adherence to procurement policies and mitigate risks by maintaining an auditable trail of all sourcing events and supplier interactions.​
  • Integration Capabilities: Easily integrate with existing Enterprise Resource Planning (ERP) systems and other procurement tools, ensuring a cohesive and streamlined workflow.​
  • User-Friendly Interface: Designed for intuitive use, reducing the learning curve and promoting rapid adoption across procurement teams.​
  • Scalability: Adaptable to organizations of various sizes, supporting both simple and complex sourcing events as business needs evolve.