Purchase to Pay

Negotiate with more power

Strategic Sourcing

Find the right partners for your business - quickly.


Smarter Solutions for Strategic Sourcing and Procurement

Gain more value from the supply chain by getting to the right suppliers faster.

Basware's strategic sourcing solution makes it easy to quickly identify, evaluate and select new vendors, so you can collaborate with the right partners for your business needs.

Leveraging transactional spend, category and supplier insights from your source to pay system, Basware's strategic sourcing solution boosts your negotiating power and the value you can extract from your supply base. You can tap into the information you need to secure more favorable contracts and optimize spend.

Read our Strategic Sourcing Solutions Factsheet

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Identify the right suppliers fast

Identify the right suppliers fast

Reduce the time needed to identify the right suppliers from weeks to days.
Empower negotiation

Empower negotiation

Use greater leverage with suppliers to be better positioned when requesting quotes, negotiating contracts and seeking discounts.
Drive value

Drive value

Save time by running more efficient sourcing events with automated bid scoring and evaluations, allowing you to focus more on supplier value.

Leverage 100% spend visibility from purchase to pay

Basware’s Strategic Sourcing solution is comprised of truly intuitive and innovate eSourcing, Contract and Supply Base Management (SBM) tools that leverage 100% spend visibility of purchase to pay data.

eRFx Management

  • Collect, organize and evaluate detailed information
  • Qualify new and existing supply sources
  • Improve efficiency and compliancy with templates and a library of sample questions
  • Identify the best purchasing value with Bid Matrix, Cherry-Picking and other formats

eAuction Management

  • Conduct dynamic negotiations to maximise savings and value
  • Use the most suitable auction type from Japanese, Dutch, Reverse, Factored, Forward and others
  • Accelerate pace of collection and comparison of quotes

Contract Management

  • Effectively manage your contractual commitments in a single, centralised repository
  • Gain complete visibility across the entire contract lifecycle
  • Easily create contracts directly from sourcing events

Supply Base Management

  • Improve visibility into your supplier relationships
  • Lower supply risk with up-to-date supplier information
  • Fulfil all key supplier information management best practices

Transform with an end-to-end source-to-pay solution

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