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About

"QLM Sourcing" is a cloud strategic sourcing and supplier management solution that streamlines processes for user organizations to increase efficiency, throughput, and quality of output to drive increased profitability. QLM Sourcing offers a rich feature set including customer management and quoting, collaborative supplier eRFQ event management, business award and purchase order, spend analysis, and more. QLM Sourcing gives each user organization custom eRFQ templates for different product/service types. Amongst other innovative features is an automated notification function that reminds suppliers of an approaching due date to increase response rates and compliance. Efficiently manage your supply base with configurable document management, segmentation, supplier self-service and performance score-carding. Add new suppliers in seconds with no cost ever to suppliers, all without the overhead of a high-maintenance supplier portal.

About

Distill and organize your complex spend data with AI-powered spend analytics. Whether your goal is finding ways to save money or full digital procurement, getting visibility into your spending trends is a great place to start. Simfoni Spend Analytics is part of our Spend Intelligence Platform provides the data management and insights into pricing, vendors, total spend, categories, and diversity, allowing you to make smart and strategic procurement changes. A user-friendly eSourcing and Optimization solution that offers advanced automation and unique insights to help users identify the best supplier award decisions in less time. eSourcing presents significant cost savings for procurement teams. Save time, boost efficiency, and decrease the time it takes to award a contract. Collect the information you need to be more intentional about the suppliers you choose.

Platforms Supported

Windows Supported
Mac Supported
Linux Not Supported
Cloud Supported
On-Premises Not Supported
iPhone Not Supported
iPad Not Supported
Android Not Supported
Chromebook Not Supported

Platforms Supported

Windows Not Supported
Mac Not Supported
Linux Not Supported
Cloud Supported
On-Premises Not Supported
iPhone Not Supported
iPad Not Supported
Android Not Supported
Chromebook Not Supported

Audience

Procurement, Supply Chain, Sourcing, Supplier Management

Audience

Businesses interested in a spend analysis software and solutions that enhance operational improvement through the deployment of apps and analytics

Support

Phone Support Supported
24/7 Live Support Not Supported
Online Supported

Support

Phone Support Supported
24/7 Live Support Not Supported
Online Supported

API

Offers API Supported

API

Offers API Not Supported

Screenshots and Videos

Screenshots and Videos

Pricing

User level based subscription model.
Free Version Not Supported
Free Trial Supported

Pricing

No information available.
Free Version Not Supported
Free Trial Not Supported

Reviews/Ratings

Overall 5.0 / 5
ease 5.0 / 5
features 5.0 / 5
design 5.0 / 5
support 5.0 / 5

Reviews/Ratings

Overall 0.0 / 5
ease 0.0 / 5
features 0.0 / 5
design 0.0 / 5
support 0.0 / 5

This software hasn't been reviewed yet. Be the first to provide a review:

Review this Software

Pros & Cons from Real Users

Pros

  • This software has an abundance of features, was a breeze for us to implement, and we have realized a high internal ROI.

Cons

  • UI is perfectly functional but in some areas could use an update.

Training

Documentation Supported
Webinars Supported
Live Online Supported
In Person Supported

Training

Documentation Supported
Webinars Supported
Live Online Supported
In Person Supported

Company Information

QSTRAT
Founded: 2005
United States
www.qstrat.com

Company Information

Simfoni
Founded: 2015
United States
simfoni.com

Alternatives

Alternatives

Spendkey

Spendkey

Spendkey Limited
eSupplier

eSupplier

eSupplier.com
Promena

Promena

Promena Strategic Procurement Solutions
JAGGAER One

JAGGAER One

JAGGAER

Categories

Procurement Supported
RFQ Supported
Sourcing Supported
Spend Analysis Supported

Categories

Procurement Supported
Sourcing Supported
Spend Analysis Supported
Spend Management Supported

Procurement Features

Asset Management Not Supported
Auction Management Not Supported
Bid Management Not Supported
Budget Management Not Supported
Catalog Management Not Supported
Contract Management Not Supported
Inventory Management Not Supported
Invoice Processing Not Supported
PunchOut Not Supported
Purchase Order Management Not Supported
Receiving Not Supported
Requisitions & Approvals Not Supported
Sourcing Management Supported
Spend Management Supported
Supplier Management Supported

Sourcing Features

Auction Management Not Supported
Budget Management Not Supported
Collaboration Supported
Global Sourcing Management Supported
Rfx Management Supported
Spend Management Supported
Supplier Management Supported
Supplier Qualification Supported
Supplier Risk Management Supported
Supplier Web Portal Not Supported
Template Management Supported

Supply Chain Management Features

Demand Planning Not Supported
Electronic Data Interchange Not Supported
Import / Export Management Not Supported
Inventory Management Not Supported
Order Fulfillment Not Supported
Order Management Not Supported
Sales & Operations Planning Not Supported
Shipping Management Not Supported
Supplier Management Supported
Transportation Management Not Supported
Warehouse Management Not Supported

Procurement Features

Asset Management Not Supported
Auction Management Not Supported
Bid Management Not Supported
Budget Management Not Supported
Catalog Management Not Supported
Contract Management Supported
Inventory Management Not Supported
Invoice Processing Not Supported
PunchOut Not Supported
Purchase Order Management Not Supported
Receiving Not Supported
Requisitions & Approvals Not Supported
Sourcing Management Not Supported
Spend Management Supported
Supplier Management Supported

Spend Management Features

Approval Workflow Not Supported
Budgeting / Forecasting Not Supported
Expense Tracking Not Supported
Multi-Currency Not Supported
Prepaid Cards Not Supported
Procurement Management Supported
Receipt Management Not Supported
Spend Analysis Supported
Spend Control Supported
Supplier Management Supported

Integrations

NetSuite Supported
Plex Smart Manufacturing Platform Supported
SAP Business One Supported

Integrations

NetSuite Not Supported
Plex Smart Manufacturing Platform Not Supported
SAP Business One Not Supported
Claim QLM Sourcing and update features and information
Claim QLM Sourcing and update features and information
Claim Simfoni and update features and information
Claim Simfoni and update features and information