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Sourcing
 
Key Features
Key Benefits
 
Stop Maverick Spending and Cut Costs with Strategic Sourcing

By automating sourcing, companies of all sizes can benefit in a host of ways: by ensuring that they’ve found the best suppliers with the best prices; by reducing maverick buying, and therefore, reducing sourcing procurement costs; and by enabling executives to spend their time on critical sourcing initiatives, rather than time–consuming tasks and events.

With Ketera Sourcing, companies can maximize their sourcing dollars, boosting internal efficiency and sharpening competitive edge. Ketera Sourcing is an automated, Web-based supplier management solution for strategic sourcing procurement initiatives. This sourcing procurement solution helps companies to rationalize the number of their suppliers, attain the best unit prices, and set up better risk and supplier–performance management.

Ketera Sourcing helps companies create requests for information (RFIs) and requests for proposals (RFPs), conduct sourcing events, and also do advanced bid analysis to find the best–suited supplier. Moreover, Ketera enables companies to achieve these benefits at a much lower cost. With Ketera Sourcing, companies can reduce the unit procurement price of goods and services that they procure, and also build a preferred supply base more quickly.

Furthermore, by using Ketera, companies can establish a risk management system. Since sourcing helps to rationalize the number of suppliers for each service and product, companies can better manage their supply–side risk. They can answer key financial and operational questions, such as: Is the supplier financially capable of meeting all our procurement needs? Does the supplier have resources, processes and the ability to meet our contractual and sourcing procurement needs?
 
To learn how Ketera Spend Management Solutions can help your business, call 1–887–486–4340
 
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