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eSourcing

Overview

eSourcing 2026: Benefits, Features & Pricing

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On this page
  • Overview
  • Pricing and Plans
  • Features
  • Integrations
  • User Reviews

Overview

eSourcing
eSourcing
4.5
(5)

Pricing

Starting at $3,000.00 per month

About eSourcing

EC eSourcing is a cloud-based strategic sourcing solution that helps organizations to formalize information gathering routines which enables them to manage their business operations and meet client's requirements.

EC eSourcing features dynamic RFP's and reverse auctions that make vendors compete on price for organization's product and service needs. The solution also features project management capabilities that help users to map plans and coordinate activities of external and internal parties. Spend Analysis module helps users combine data from different payment systems into a single dataset and monitor their expenses by SKU, commodity or item.

EC eSourcing 's supplier management module combines supplier data that helps users to assess vendor capabilities and financial solvency, keep track of questionnaire due dates and document expiration dates and more.

Additionally, EC eSourcing features contract management and supplier corrective action reporting (SCAR). Support is available via phone and email.

eSourcing Screenshots

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eSourcing Pricing and Plans

Starting price: $3,000.00 per month
Free Trial
Free Version

Basic

$3,000.00

per month

No plan information available

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    eSourcing Features

    • Popular features found in Procurement
      Budgeting/Forecasting
      Catalog Management
      Contract/License Management
      Inventory Management
      Invoice Processing
      Purchase Order Management
      Sourcing Management
      Spend Management
      Vendor Management
    • More features of eSourcing
      Alerts/Notifications
      Auction Management
      Audit Management
      Bid Management
      Collaboration Tools
      Customizable Templates
      EDI
      Global Sourcing Management
      Performance Metrics
      Procurement Management
      Project Management
      Reminders
      Rfx Management
      Self Service Portal
      Spend Analysis
      Status Tracking
      Supplier Management
      Supplier Web Portal
      Supply Chain Management
      Template Management

    eSourcing Integrations

    Microsoft Excel
    Microsoft Excel

    eSourcing User Reviews

    Overall Rating

    4.5

    Ratings Breakdown

    5

    80%

    4

    0%

    3

    20%

    2

    0%

    1

    0%

    Secondary Ratings

    Ease of Use

    4.6

    Value for money

    3.0

    Customer support

    4.6

    Functionality

    4.0

    Have you used eSourcing and would like to share your experience with others?

    TT

    Tony T.

    Used unspecified for unspecified

    Review source

    Reviewed January 2012

    Best Sourcing Solution on the Market

    5

    I work for a 3rd party spend management firm that helps other companies with their strategic sourcing initiatives. I run many sourcing events through this platform every month. In a few instances, we've had to use our client's sourcing platform and all of these other competing systems fail in comparison to EC Sourcing's product; particularly with how user-friendly it is and how quickly you can learn how to use it or train others how to use it. The vendors/suppliers are very happy with the system from the proposal submission side as well. We get many compliments and rarely receive any questions on how to navigate through the site or where to find information. I think one of the main reasons why the FlexRFP system stands out above the rest is because it was created by former purchasing/procurement people instead of IT/database managers. They understand what you need and how you want to receive it because they've lived in your world. They also implement many client enhancement ideas.

    Ratings Breakdown

    5
    Ease of use
    5
    Customer support
    icon
    Pros:
    - Extremely User Friendly - both from the user and vendor side. We've received many compliments from our suppliers on how easy it is for them to submit proposals. - Outstanding Customer Service - excellent response time, most requests are handled within minutes. Major issues are often solved same day. - ECSourcing Group listens to what you want the system to do and try to accommodate as many of your needs as possible. - Data is easily transferrable - all data & reports can easily be exported to excel or pdf formats. - Huge time saver - you can monitor progress of your project without having to email or call people to make sure they received your request and are working on their proposals. - Cost effective - pays for itself with the time saved and calculations, etc. the system does automatically.
    Cons:
    - Lacks graphic/chart type reports & full optimization features.

    Read More

    RB

    Randal B.

    Used unspecified for unspecified

    Review source

    Reviewed October 2011

    4

    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.

    Ratings Breakdown

    5
    Ease of use
    5
    Customer support
    4
    Functionality

    Read More

    AA

    Aleksandra A.

    Verified reviewer

    Maritime

    51-200 employees

    Used monthly for less than 2 years

    Review source

    Reviewed November 2021

    Sourceforce Review

    3

    Ratings Breakdown

    3
    Ease of use
    3
    Value for money
    3
    Customer support
    3
    Functionality
    icon
    Pros:
    I like the purpose of using the tool, it would be perfect if some issues could be resolved
    Cons:
    Hard to navigate, some of the features are not easy to understand, filtering is strange, not able to use it as a team and be able to view other team member projects

    Read More

    JC

    Joe C.

    Used unspecified for unspecified

    Review source

    Reviewed May 2013

    5

    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.

    Ratings Breakdown

    5
    Ease of use
    5
    Customer support
    5
    Functionality

    Read More

    SL

    Steve L.

    Used unspecified for unspecified

    Review source

    Reviewed April 2014

    FlexRFP EC Sourcing

    5

    This product is very easy to use and has the ability to be customized to suit our needs. During the course of implementation, some features we required were not available, however, EC Sourcing Group made modifications to the program to incorporate our requests as well as other users. Our vendors find the FlexRFP easy to use with very few complaints. As with all web based programs, any internet issues will affect the use of FlexRFP.

    Ratings Breakdown

    5
    Ease of use
    5
    Customer support

    Read More

    Showing 1 - 5 of 5 Reviews

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