# QSTRAT Sourcing Software Reviews, Demo & Pricing - 2026 > Review of QSTRAT Sourcing Software: system overview, features, price and cost information. Get free demos and compare to similar programs. Source: https://www.softwareadvice.com/product/3698-QLM-Sourcing --- [Home](https://www.softwareadvice.com/) / [Distribution Software](https://www.softwareadvice.com/category/4730-distribution/) / QSTRAT Sourcing Software Advice offers objective insights based on verified user reviews and independent product and market research. When our advisors match you to a software provider, we may earn a referral fee. Overview # QSTRAT Sourcing 2026: Benefits, Features & Pricing Wondering if QSTRAT Sourcing is right for your organization? Our Distribution Software selection experts can help you in 15 minutes or less. On this page - Overview - User Interface - Popular Alternatives - Pricing and Plans - Features - Integrations - User Reviews ## Overview QSTRAT Sourcing 3.9 [(16)](https://www.softwareadvice.com/product/3698-QLM-Sourcing/#reviews) Pricing Starting at $300.00 per month ### About QSTRAT Sourcing QLM Sourcing & Supplier Management by QSTRAT is a Strategic Sourcing solution that caters to businesses in industries such as automotive, medical devices, aerospace and more. Key features include supplier eRFQ life-cycle management, supplier management, spend analysis, automated processes with reminder notifications for each step in your process. QLM Sourcing is a cloud application delivered in a browser. QLM Sourcing can be deployed to support cost estimation, delivering fast turn-around on supplier quotes for new materials/components or increased volumes on existing materials/components. Companies adopting QLM see improvements across the sourcing work process, improved response quality from more engaged suppliers, faster turn-around on quoting events, improved solutions from newly identified sources. QLM Sourcing can also be deployed in parallel for more tactical sourcing events, whether for day to day operations or contract market testing. QLM Sourcing's RFx workflow management module allows users to issue requests electronically to their suppliers, manage the "back-and-forth" of sourcing events, track changes and more. The solution also enables competing suppliers to easily... submit their verified responses with no intervention. Buyers can then in real time review submissions side-by-side to select the most appropriate response. QLM Sourcing provides simple automation for key steps in the process, e.g., Supplier Selection, driving increased consistency of process and systemization of domain knowledge across your organization. Additional complementary functionality is provided for Supplier Management, including data collection, custom surveys, e.g., Risk management, supplier evaluations and on-boarding. The solution is also SOX compliant and helps users track all the communications with suppliers as an event proceeds. Integration is supported with multiple enterprise systems such as ERP, PLM and Cost Estimation through an "open API" capability. Services are offered on a monthly subscription basis that includes support via phone and email. QLM is easy to use and economical to deploy. Run five full users for under $20K per year, much less than the cost of another FTE! Implementation of the system is easy and quick when compared with other systems. Many organizations are up and running on QLM within a matter of weeks. Wondering if QSTRAT Sourcing is right for your organization? Our Distribution Software selection experts can help you in 15 minutes or less. ## QSTRAT Sourcing User Interface ## Popular QSTRAT Sourcing Alternatives Main Product QSTRAT Sourcing 3.9 [(16)](https://www.softwareadvice.com/product/3698-QLM-Sourcing/#reviews) Ratings Breakdown - 3.78Ease of use - 3.83Value for money - 4.28Customer support - 3.53Functionality Pricing Starting at $300.00 per month Get Price Alternative Product [TYASuite](https://www.softwareadvice.com/manufacturing/tyasuite-profile/) 4.2 [(78)](https://www.softwareadvice.com/manufacturing/tyasuite-profile/#reviews) Ratings Breakdown - 4.32Ease of use - 4.07Value for money - 4.31Customer support - 4.0Functionality Pricing Starting at ₹65000.00 per month Get Price Alternative Product [Procurify](https://www.softwareadvice.com/accounting/procurify-profile/) 4.6 [(203)](https://www.softwareadvice.com/accounting/procurify-profile/reviews/) Ratings Breakdown - 4.59Ease of use - 4.47Value for money - 4.55Customer support - 4.35Functionality Pricing Available upon request Get Price Alternative Product [ProcurementExpress.com](https://www.softwareadvice.com/rfp/rubberstamp-profile/) 4.7 [(423)](https://www.softwareadvice.com/rfp/rubberstamp-profile/reviews/) Ratings Breakdown - 4.75Ease of use - 4.64Value for money - 4.74Customer support - 4.50Functionality Pricing Starting at $415.00 per month Get Price Alternative Product [Coupa](https://www.softwareadvice.com/accounting/coupa-profile/) 4.0 [(129)](https://www.softwareadvice.com/accounting/coupa-profile/reviews/) Ratings Breakdown - 3.86Ease of use - 3.83Value for money - 3.83Customer support - 3.91Functionality Pricing Starting at $2500.00 per month Get Price Alternative Product [Tradogram](https://www.softwareadvice.com/scm/tradogram-profile/) 4.5 [(109)](https://www.softwareadvice.com/scm/tradogram-profile/reviews/) Ratings Breakdown - 4.50Ease of use - 4.59Value for money - 4.55Customer support - 4.26Functionality Pricing Starting at $425.00 per month Get Price ## QSTRAT Sourcing Pricing and Plans Starting price: $300.00 per month Free Trial Free Version Basic $300.00 per feature, per month No plan information available Confused about pricing? We've got you covered. Get a personalized pricing breakdown tailored to your specific needs—no guesswork, no generic estimates. ## QSTRAT Sourcing Features - Popular features found in Distribution CRM Financial Management Inventory Tracking Order Tracking Purchase Order Management Returns Management Sales Forecasting Shipping Management Supplier Management Warehouse Management - More features of QSTRAT Sourcing Access Controls/Permissions Activity Tracking API Audit Management Audit Trail Bid Management Catalog Management Collaboration Tools Compliance Management Contract/License Management Customizable Fields Customizable Reports Customizable Templates Data Import/Export Document Management Document Storage Global Sourcing Management Import/Export Management Offboarding Onboarding Performance Management Performance Metrics Quotes/Estimates Reminders Reporting & Statistics Requisition Management RFP Creation Rfx Management Risk Assessment Search/Filter Sourcing Management Spend Analysis Spend Control Spend Management Supplier Qualification Supplier Risk Management Supply Chain Management Template Management Third-Party Integrations Vendor Management Vendor Master Data Management Workflow Management ## QSTRAT Sourcing Integrations Plex Smart Manufacturing Platform Integration rated undefined from -1 review SAP Business One Integration rated undefined from -1 review NetSuite Integration rated undefined from -1 review ## QSTRAT Sourcing User Reviews Overall Rating 3.9 Ratings Breakdown 5 31% 4 44% 3 25% 2 0% 1 0% Secondary Ratings Ease of Use 3.8 Value for money 3.8 Customer support 4.3 Functionality 3.5 Have you used QSTRAT Sourcing and would like to share your experience with others? VR Verified Reviewer Wholesale 51-200 employees Used daily for less than 2 years Review source Reviewed February 2018 It does the basics of quoting (sending and receiving quotes) 4 It has saved us hours in sending out quotes to suppliers. Ratings Breakdown 3 Ease of use 3 Value for money 5 Customer support 3 Functionality Pros: It saves a ton of time managing emails for quoting. You can send a large number of skus out to a large number of vendors in a very short time. The customer support is fantastic, whenever I call or email, our customer service rep jumps to the rescue. Cons: It's only great if everything works perfectly within process. Send then receive works great. But If you need to add a part to the quote for a supplier that has already quoted, you have to do a work around. If the supplier can not get adobe, they can't import their quote using excel, instead, you have to do a work around. If a supplier quoted 1 of 20 parts incorrectly, they have to resubmit all 20, or do a work around. The front end experience (creating an rfq and sending the rfq to suppliers) is great and has saved us hours of work, The back end handling is where it's a little clunky. Read More SA SERGIO A. Verified reviewer Electrical/ Electronic Manufacturing 5001-10000 employees Used daily for less than 2 years Review source Reviewed December 2023 Qstrat - good solution 4 Ratings Breakdown 4 Ease of use 4 Value for money 5 Customer support 4 Functionality Pros: \*Flexibility \*Excellent support and time response \*Great at gathering requirements \*Great process mapping Cons: \*Develop timing, sometimes might be slow. Read More DC Don C. Automotive 10000+ employees Used daily for less than 2 years Review source Reviewed February 2018 Decent for the basics, would like to see more. 3 Ratings Breakdown 3 Ease of use 2 Value for money 4 Customer support 3 Functionality Pros: 1 stop shopping for quotes helps control our supplier quotes. Finding quotes and info is good and fairly easy to get at. Comparisons easy. Cons: Ease of reports and get at info behind the main screens. There is new report systems but we have been unsuccessful to use Read More GL Gabriel L. Verified reviewer Electrical/ Electronic Manufacturing 10000+ employees Used daily for less than 2 years Review source Reviewed December 2023 Good sourcing solution 4 They provide good service and have flexibility to customize the tool. They work with us in continuous improvement and standardizing our processes. Very good working relationship. Ratings Breakdown 4 Ease of use 5 Value for money 5 Customer support 3 Functionality Pros: The support received from the QStrat team during and after implementation. The flexibility to work on customized solutions for our company. Cons: Sometimes it takes too long on changes or develop something new Read More EF Eric F. Automotive Used unspecified for unspecified Review source Reviewed August 2014 I am a commodities buyer, and I use QLM extensively. 4 Ratings Breakdown 4 Ease of use 3 Customer support 4 Functionality Pros: I like the history of all quote requests that I can pull up and how I can pull them up by part number, RFQ, supplier name, or almost any field, honestly. I also like the ease of updating supplier information. In general, the site is very intuitive; I didn't really receive extensive training, but I feel I have an acceptable level of expertise just through regular use. Cons: I don't like that my suppliers see the portal differently than I do. Sometimes, I provide information, but for some reason (maybe just how it's displayed to them, I don't know), they can't find it. That might be their error, but it happens often enough that I believe it may be an issue with how it's displayed to them. I also do not like how fast it goes to an automatic logout. It seems like it does it after five minutes or less. That's a little too quick. Read More JE John E. Used daily for less than 2 years Review source Reviewed October 2017 QLM Sourcing Review 3 Ratings Breakdown 4 Ease of use 4 Value for money 4 Customer support 2 Functionality Pros: Cost effective easy to use solution. Would like to see more reporting and functionality. Easy to use and follow. Cost effective compared to competitors. Cons: Not very flexible. Reporting metrics are not present. . Read More SN Snow N. Automotive Used unspecified for unspecified Review source Reviewed August 2014 Excellent Product for Tracking Quotations 4 Ratings Breakdown 4 Ease of use 4 Customer support 4 Functionality Pros: The quotation system is excellent. The ability to set up suppliers and then send the same quotation to multiple suppliers is ideal. The other feature that I also like is the calculation tab for all the quotations received. This allows for a quick and easy supplier selection. Cons: Due to the large number of quotations issued, it is difficult to find some RFQs in the system. To work around this, a quote summary sheet is prepared for all quotations, noting the RFQ number and part number quoted. Read More BS Brian S. Automotive Used unspecified for unspecified Review source Reviewed July 2014 QStrat is a great Request for Quote system. 4 Ratings Breakdown 3 Ease of use 5 Customer support 4 Functionality Pros: It has customizable forms, and it's easy to send out RFQs to multiple vendors. It's reliable and has great response tracking. It's easy to cut and paste. The menus are easy to follow. The addition of unlimited and no size restriction attachments are easy. It's customizable. Cons: Multiple icons look the same but perform different tasks. With the next update, I would like to see the addition of the supplier to add attachments back (Prints, Official Quotes, Etc.). They are slow on updates. Read More BP Brandon P. Industrial Automation Used unspecified for less than 12 months Review source Reviewed September 2016 Transiton was smooth and Qstrat was responsive to alll our needs 4 Ratings Breakdown 4 Ease of use 5 Value for money 5 Customer support 5 Functionality Pros: The program is completely customizable to fit our business model. While the out of the box option was attractive, we were able to work together to produce a products that perfectly suited our needs. Cons: Start up was a bit buggy, but we were able to work through the issues in a quick fashion. Read More RS Robert S. Automotive Used unspecified for unspecified Review source Reviewed July 2014 Reasonable cost, but limited functionality 4 Ratings Breakdown 4 Ease of use 5 Customer support 2 Functionality Pros: The cost is affordable cost, the functionality is easy to understand, and their customer service is great. Cons: Functionality is limited. We still have to maintain lots of other sourcing documentation outside of QLM. There are limited reporting capabilities. 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