SpotSource

SpotSource is a supplier management platform designed to assist large organizations, particularly Fortune 500 companies, in finding, engaging, and managing service providers within their existing roster. This comprehensive solution is tailored for professionals in various industries, including marketing, IT, HR, legal, and finance. By streamlining supplier management processes, SpotSource aims to save time, improve performance, and empower users to make informed decisions when working with service providers.

Key Features

Supplier Management Transformed: SpotSource aims to revolutionize the way large organizations manage their service providers by providing a unified platform to find, engage, and manage suppliers, saving time and increasing community knowledge.

A Marketplace Inside Your Company: SpotSource brings service providers to life by offering meaningful data about them, empowering teams to find and engage service providers from within their existing roster, saving time, increasing community knowledge, and reducing risk.

Discover Partners Hiding In Plain Sight: SpotSource simplifies the process of searching and procuring services from approved suppliers, eliminating the need for spreadsheets and enabling subject matter experts (SMEs) to find the right suppliers using relevant data, fostering confident decision-making backed by colleagues and data.

Ratings Give You New Perspective: SpotSource provides up-to-date ratings of suppliers across various performance metrics, allowing users to easily summarize the bench-strength of their service suppliers and gain a new perspective on supplier performance, guiding decision-making effectively.

Your External Services Dashboard: SpotSource offers real-time dashboards and robust reporting to manage service supplier engagement, providing insights into supplier engagement, performance, and projects, enabling better decision-making.

One Unified Experience with Integrations: SpotSource integrates with a wide variety of enterprise systems, delivering a unified experience for departments like marketing, improving communication with suppliers, and enabling the creation of purchase orders and goods receipts from within the platform.

Covering Diverse Verticals: SpotSource is designed to handle diverse service areas and industries, making it easy to search, engage, and manage suppliers across various functional areas, including R&D speed to market, professional services, and agency management.

Improve Your Sourcing: SpotSource helps consolidate service supplier spend and brings transparency to decision-making by integrating third-party risk management (TPRM) and supplier contract information, reducing risk and enabling quick performance reviews to build community knowledge and improve sourcing decisions.