Strategic Sourcing Software

Strategic Sourcing

What is Strategic Sourcing Software?

Strategic Sourcing software provides procurement solutions that continuously improves the purchasing activities of a company. Features include capacity management, contract management, purchasing and procurement management, and more.

Common Features

  • Procurement Management
  • Workflow Management
  • Supplier Management
  • Catalog Management
  • Contract Management
  • Communications
  • Spend Analysis
  • ERFx
  • Capacity Management
  • Auction Management

Top Strategic Sourcing Software

2025 Data Quadrant Awards

2024 Emotional Footprint Awards

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At SoftwareReviews, we take pride in recognizing excellence. Each year, we present the Emotional Footprint Awards to top-performing software products based solely on authentic user reviews, without any paid placements or analyst opinions. These awards shine a spotlight on software vendors who excel in crafting and nurturing strong customer relationships.

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Products: 7
Next Award: Mar 2026

Top Strategic Sourcing Software 2025

Product scores listed below represent current data. This may be different from data contained in reports and awards, which express data as of their publication date.

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Composite Score
8.1 /10
CX Score
8.4 /10

Scanmarket is one of few strategic sourcing solution providers capable of delivering innovative yet user-friendly quality technology, combined with solid execution, support & services. Scanmarket is a source-to-contract (S2C) software provider that develops advanced functionalities in an effortless design. Our S2C solution is attuned to meet the needs of procurement, legal and finance professionals with applications for strategic sourcing, contract lifecycle management, and third-party risk management.

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Pros

  • Friendly Negotiation
  • Respectful
  • Client Friendly Policies
  • Fair
Badge Winner
Badge Winner
Composite Score
8.0 /10
CX Score
8.4 /10

Promena provides its customers with the highest level of efficiency, control, time and labor savings in purchasing processes with its 4 main modules. E-Sourcing module helps customers to create RFx/e-Auction events. Customers can identify, select and collaborate with leading vendors. E-Procurement module helps businesses to manage the Catalog, Budget, Requisition and Purchase requisition-to-purchase process. With SxM module, customers can have a single database of their suppliers for their entire organization and the procurement processes. With the spend analysis module, customers can easily slice and dice all of the data running through the platform.

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Pros

  • Helps Innovate
  • Continually Improving Product
  • Performance Enhancing
  • Enables Productivity
Badge Winner
Badge Winner
Jaggaer

Jaggaer

Composite Score
7.6 /10
CX Score
8.0 /10

Putting you on the path to savings & efficiency with a robust platform to manage all your sourcing processes.

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Pros

  • Reliable
  • Performance Enhancing
  • Security Protects
  • Continually Improving Product
Composite Score
7.6 /10
CX Score
7.7 /10

Workday Strategic Sourcing (includes Scout RFP) streamlines the source-to-contract process. With unprecedented levels of collaboration and visibility, sourcing has never been easier.

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Pros

  • Efficient Service
  • Effective Service
  • Acts with Integrity
  • Saves Time
Composite Score
7.1 /10
CX Score
7.2 /10

Ariba Network is now SAP Business Network. Making your business part of a dynamic, digital marketplace where millions of buyers and suppliers operating all around the world transact trillions of dollars in business commerce every year

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Pros

  • Enables Productivity
  • Acts with Integrity
  • Reliable
  • Trustworthy
Composite Score
7.1 /10
CX Score
7.3 /10

Leverage analytics to identify opportunities for cost savings, spend consolidation and receive greater value from suppliers. Develop programs to manage your supply base more effectively and improve business outcomes.

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Pros

  • Trustworthy
  • Fair
  • Reliable
  • Performance Enhancing
Ivalua

Ivalua

Composite Score
7.0 /10
CX Score
6.9 /10

The Ivalua Strategic Sourcing solution provides a comprehensive, intuitive and collaborative toolset to automate sourcing of 100% of your spend no matter how simple or complex, tactical or strategic the sourcing process is. Ivalua helps you to effectively manage all your spend and suppliers on a single platform to generate value across the Source-to-Pay cycle.

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Pros

  • Respectful
  • Acts with Integrity
  • Efficient Service
  • Saves Time
Badge Winner

Products below are ineligible for awards due to insufficient recent reviews

Composite Score
7.0 /10
CX Score
7.3 /10

GEP is one of the leading providers of strategic sourcing services in the world. Every year, we help hundreds of organizations save billions in spend. Staffed by experienced category specialists, our sourcing teams get sustainable results fast – real results that improve the bottom line and create competitive advantage.

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Pros

  • Caring
  • Respectful
  • Security Protects
  • Performance Enhancing
Composite Score
6.8 /10
CX Score
6.7 /10

Operationalize your sourcing environment by fostering competition, encouraging value-add from your suppliers and delivering truly sustainable results.

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Pros

  • Inspires Innovation
  • Respectful
  • Continually Improving Product
  • Generous Negotitation

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PROACTIS procurement solutions provide a framework of sourcing, contract, catalogue, and supplier management capabilities that enable you to leverage your organisation’s full buying power, gain best value agreements, and maximise the percentage of “spend under management” across all categories of spend.