Strategic Sourcing efforts can often be time-consuming, complex and ineffective. Whether companies currently utilize a cumbersome e-sourcing solution or a labor-intensive combination of spreadsheets, emails and misunderstandings, FlexRFP by EC Sourcing Group can be the solution.
FlexRFP offers comprehensive functionality in a system that is both less expensive and simpler than other solutions in the market. With this collaborative, intuitive system, companies and their suppliers have a single tool to automate and streamline bid management, negotiation and analysis.
FlexRFP is entirely web-based, eliminating any IT involvement. It is Sarbanes Oxley Compliant and integrates seamlessly with an organization's existing MRP, ERP or legacy solution. It's a great fit for a number of industries with more than $50 million in revenue: 3PL, industrial machinery, manufacturing, consumer packaged goods, chemicals, retail and more.
The FlexRFP e-sourcing Suite was developed to standardize and improve both Vendor Management and Strategic Sourcing. Using FlexRFP, companies can quickly and easily perform RFPs, RFIs, Soft Auctions, Live Reverse auctions and more, as well as comprehensive spend analysis, reporting, document exchange and communications. There are also optional modules for Contract and Supplier Management.
This robust functionality is offered in an interface very similar to Microsoft Excel, a environment familiar to both the client and the suppliers.
FlexRFP gives organizations a user-friendly e-sourcing solution that facilitates a collaborative approach to Strategic Sourcing.
Joe from General Cable
Date: May 2013
Our organization quotes an abundance of line items for new customer opportunities. As well, I would characterize our type of spend as complex and difficult to manage administratively. We are continually trying to find ways to manage the data more quickly, more accurately, and more easily. This is what led us to seek a tool that would allow for simple quoting with our supply base that would be usable by all members of our organization.
The previous system was an old and non-user friendly Microsoft Access database. Not only was it cumbersome to manage and time consuming, it made it hard to train new people to use. After realizing our business strategy was changing, I knew the existing system had to be improved or replaced. I did some research and searching of companies that provide online quoting tools or services and came across EC Sourcing Group.
After some demos and custom programming, we finally found a tool that our suppliers and internal stakeholders love. I will add, that EC Sourcing is constantly looking at ways to improve which is a strategy we practice ourselves.
I have found that the staff is incredibly helpful and responsive from top to bottom. They provide a consistent, quality, product that I would highly recommend.
Randal from Provident Spend Management
Date: October 2011
We are a strategic sourcing consulting firm. Any software decision we make has to better enable a positive result for our clients in the most efficient manner possible. We selected EC Sourcing Group because it is extremely cost efficient and operationally effective.
It is cost efficient because we do not need a team of people just to do project set ups. The software is so easy that our sourcing teams self manage all projects. This keeps our cost of delivery down and allows projects to be set up quickly - thus lowering costs and shortens time to results.
It is operationally effective because the user interface and the supplier interface are clean and tight. This product also allows us to create great transparency with our clients. We consistently get feedback from suppliers that our system is the easiest to understand and navigate.
We have been on the platform since 2003. We monitor the market and evaluate other options on a regular basis but we still have not found a product that is this easy to use - so we stay! They are always asking, "What can we do to improve the user experience?" And many times we see our suggestions acted on, so we know they truly listen to our needs.
Customer service is outstanding. Actually we are always pleasantly surprised by the timeliness and thoroughness of their responses. They understand our business, and make sure we are in a position to provide great support to our clients.
While EC Sourcing Group has added good modules, there are tools out there with more bells and whistles. However, we prefer a partner who blocks and tackles better than anyone else and that's why we stay with the EC Sourcing Group.