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SPEND MANAGEMENT

– Enporion E-Sourcing Review

Product Snapshot

Technology

Enporion E-Sourcing is available as a SaaS solution that requires no additional hardware.

Customer Focus

Enporion works with enterprise and mid-sized companies.
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About Enporion E-Sourcing

Enporion E-Sourcing is a set of three tools you can use to find the products and materials you need at optimal costs. The program begins to work by analyzing your company’s spend. You can see all online transactions and have the system highlight areas where you can save money by choosing a different supplier. Once you have a list of products whose prices you can get for cheaper, you can submit quote requests to a list of new vendors, who then reverse bid on each line item. If you choose a vendor you haven’t worked with before, Enporion E-Sourcing can draft and maintain a new contract for it.

About Enporion
Enporion was founded in 2000 and is headquartered in New Jersey. In 2012, GEP acquired the company. The company’s full suite of offerings also includes Enporion E-Invoicing and Enporion Supply Chain Manager.

Enporion E-Sourcing Key Features

SaaS online sourcing software solution
Identifies procurement areas where you can save money
Can pull up complete procurement histories
Compiles a list of items you can save money on and places them in quote requests you can send to suppliers
Suppliers can reverse bid on line items
You can auction off company surplus in forward auctions
Drafts contracts with new suppliers and helps enforce these documents