CAPABILITY

Strategic Sourcing

Precision and power in your sourcing decisions by mastering RFx

Run your sourcing events faster

Every procurement decision is vital. The RFx module within Strategic Sourcing equips your team with a robust suite of tools designed for precision. By leveraging a streamlined RFx process, you can ensure that every bid, every proposal, and every sourcing event is optimized for success, aligning with your strategic procurement objectives and driving cost savings.

Seamless RFx capabilities

RFx Template Library

Centralized library of RFx templates for various event types like RFI/RFP/RFQs.

Sourcing Project Creation

Orchestrate complex, large-scale sourcing projects through multi-stage events, featuring interconnected pre-qualification, technical, and commercial evaluation rounds.

Scorecarding Evaluations

Balance technical and commercial scoring by integrating weighted parameters in your decision-making process.

Technical/QCS Approvals

Configurable multi-level approval flows to enforce technical compliance and quality standards before advancing to commercial negotiations.

Why choose Procol Strategic Sourcing?

Traditional challenge with Strategic Sourcing tools have been that rather than simplifying, it adds onto the workload with time-consuming complicated and error-prone workflows involving sensitive data. Procol solves this.