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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

Getting competitive quotes usually means chasing suppliers one email at a time. SourcingHQ turns that into a single, timed quote round. Describe the part or service you need in plain language, or forward the enquiry your own customer sent you, and the AI assistant drafts a structured request with the line items, quantities and a deadline. You invite the suppliers you already work with. Each one bids from an email link, with no account, sees where they stand, and can improve their price before the round closes. You compare the prices line by line, with PDF and Excel reports. SourcingHQ is built for small and mid-sized buyers, distributors and resellers who handle one-off and urgent requests where the right price changes every time. A free plan covers 3 auction events in total, and paid plans suit teams that source every month. There is also a free tool for comparing quotes you have already received.

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

Small and mid-sized buyers, distributors, resellers and procurement teams

Support

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

Support

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

API

Offers API Supported

API

Offers API Not Supported

Screenshots and Videos

Screenshots and Videos

No images available

Pricing

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

Pricing

$950/year
A free plan covers three auction events in total. Paid plans start at $950 per year.
Free Version 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 Not Supported
Live Online Not Supported
In Person Not Supported

Company Information

QSTRAT
Founded: 2005
United States
www.qstrat.com

Company Information

SourcingHQ
Founded: 2026
India
sourcinghq.ai

Alternatives

Alternatives

eSupplier

eSupplier

eSupplier.com
CompareCoOps

CompareCoOps

VendorPanel
Promena

Promena

Promena Strategic Procurement Solutions
ProcureWare

ProcureWare

eBid Systems

Categories

Procurement Supported
RFQ Supported
Sourcing Supported
Spend Analysis Supported

Categories

Sourcing 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

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

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

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 SourcingHQ and update features and information
Claim SourcingHQ and update features and information