More quotes, greater bargaining power

Collect quotes massively via email from all selected suppliers and gain an overview of the market, thus identifying the best prices and enhancing bargaining power with current suppliers

Massive approach

Revolutionize your supplier management approach by introducing the ability to contact and exchange emails massively with large pools of suppliers for each product or service sought using Soource.

AI-driven

Let the AI guide you through the entire process of massive contact, from generating massive emails to automatically reading and interpreting received emails.

Easily interpretable

Refer to the dashboard that Soource automatically creates and updates with supplier data extracted from the massive email exchange, and quickly identify the average market price and the suppliers with the best prices.

Choose your suppliers

After identifying the suppliers with all the desired characteristics through the Scouting module, you can proceed with an economic evaluation by requesting quotes from all the selected suppliers. The first step is to select from your database the suppliers identified in the previous Scouting phase. This selection can be easily made using advanced filters by tags that are automatically assigned during the Scouting process. This way, you can quickly create a strategic pool of suppliers to contact, optimizing your time and increasing the likelihood of obtaining competitive and relevant quotes

Contact all suppliers

Once the group of suppliers is selected, the Quotation Module automates the process of requesting quotes. You simply need to provide the necessary information about the product or service for which you want to obtain a quote: this could include technical specifications, expected purchase volumes, quality requirements, delivery terms, or other specific conditions. Soource’s AI uses this data to automatically generate the email to be sent, which can be customized before sending or sent as is. This AI-driven mass contact process allows you to reach a large number of suppliers simultaneously, significantly reducing the time spent on requesting quotes and increasing the likelihood of receiving a wide range of offers to compare

Find the best suppliers

After sending the quote requests, Soource uses AI to automatically read all the responses received from suppliers. The system intelligently extracts pricing information from both the email text and attachments. This data is organized into an interactive, real-time updated, and easy-to-read dashboard. The dashboard provides you with a clear market overview, allowing you to quickly see the average price for the requested product or service, identify the suppliers offering the best conditions, and compare the various offers in a structured manner. This visual tool makes the decision-making process faster and more precise, enhancing your negotiating power with current suppliers by giving you greater transparency on market prices.

Are you ready to learn more?

Book a demo now or speak with a sourcing expert.