Source2t Procurement Solutions

Source2t is a cloud-based procurement software solution designed to assist small and medium enterprises (SMEs) in streamlining their business processes. The platform provides a comprehensive suite of tools aimed at enhancing procurement efficiency and transparency. Key features include:
- Spend Analytics: Analyze expenditure data to improve efficiency and compliance.
- Supplier Management (KYS): Evaluate supplier performance and manage supplier-related risks.
- Reverse and Forward Auctions: Manage procurement and disposal processes through competitive bidding.
- RFX Factory: Handle Requests for Proposal (RFP), Information (RFI), Quote (RFQ), and Bid (RFB) efficiently.
- Accounts Payable Automation: Streamline the matching of purchase orders, invoices, and goods receipt notes.
- Procure to Pay Suite (Valproc): A cloud-based system enhancing procurement efficiency with transparency and ease of access.
The platform is designed for accessibility, allowing users to operate from any internet-enabled device, thereby simplifying procurement operations. Source2t operates on a modular pricing model, enabling businesses to select the functionalities they require at a cost-effective price. With a focus on empowering employees and improving procurement processes, Source2t aims to transform the operational landscape for SMEs.