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Fourth Procurement and Inventory vs. Sourceday

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    Overview
    ProductRatingMost Used ByProduct SummaryStarting Price

    Fourth Procurement and Inventory

    Score8 out of 10
    N/AFourth Procurement and Inventory is software that ties together procurement, 3-way matching, inventory and recipe control. It’s fully integrated, mobile-friendly and can be accessed with a single login. Using predicted sales functionality and analytics, it lets the user forecast demand more accurately.N/A

    Sourceday

    Score10 out of 10
    N/AAustin company Sourceday offers their procurement platform emphasizing automation and streamlining of purchasing processes in a unified environment, minimizing errors.N/A
    Pricing
    Fourth Procurement and InventorySourceday
    Editions & Modules
    No answers on this topic
    No answers on this topic
    Offerings
    Pricing Offerings
    Fourth Procurement and InventorySourceday
    Free Trial
    NoNo
    Free/Freemium Version
    NoNo
    Premium Consulting/Integration Services
    YesNo
    Entry-level Setup FeeNo setup feeNo setup fee
    Additional Details——
    More Pricing Information
    User Ratings
    Fourth Procurement and InventorySourceday
    Likelihood to Recommend
    7.4
    (4 ratings)
    10.0
    (1 ratings)
    Support Rating
    7.5
    (4 ratings)
    -
    (0 ratings)
    User Testimonials
    Fourth Procurement and InventorySourceday
    Likelihood to Recommend
    HotSchedules and Fourth
    The product is user-friendly in automating the tasks, managing the master data through central purchasing, and creating custom reports. It lacks certain basic functionalities like a record of wastages, sending automated emails confirming if the automatic tasks (scheduled tasks) have been completed or not, and the ability to automate the nutrition information, etc.
    Incentivized
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    Sourceday
    As a buyer in a manufacturing environment, it is possible to have a large amount of POs out to vendors all over the world. Using SourceDay the buyer is not following up on late POs or worrying about reviewing every confirmation email, SourceDay has all that managed for me. This software puts all the buyer's follow up actions in one folder and it takes minutes to complete the review. SourceDay isn't the best suited for an organization that writes one to two POs a month unless the organization plans to use all the modules. PO to Payment.
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    Pros
    HotSchedules and Fourth
    • The 'stock management' tab on the home screen is of particular use when keeping tabs on incoming deliveries into the restaurant.
    • The option to open and close your stock period is great as you have the chance to edit your stock at a moment's notice.
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    Sourceday
    • SourceDay takes user suggestions and if they meet the greater good it will be implemented into the system. There was specific data a buyer needed to seem in the dashboard and SourceDay was able to create it.
    • SourceDay provides superior customer service. The outboarding team are able to bring Suppliers and Buyers into the system within a day. This team will go the extra mile to set up one on one training if requested.
    Incentivized
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    Cons
    HotSchedules and Fourth
    • It would help massively to see via Enterprise and menu items what ones are no longer active, to keep the data tidy.
    • When you take purchase reports from Enterprise and select to organise them by category, show the name of the category on the actual report download.
    • Quick and easy upload/download of supplier products for correcting prices, descriptions, prices in bulk.
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    Sourceday
    • The PO exceptions are a feature that my team isn't able to use currently because it isn't pulling back all the necessary information. Our team hasn't submitted a formal request to update to add this information as of yet.
    • Our organization has multiple manufacturing locations that purchase from suppliers that have store locations adjacent to the plants. At this time, SourceDay isn't able to distinguish which location the PO is going to. It is in their build plan and hopefully we will see the role out in 2021.
    Incentivized
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    Support Rating
    HotSchedules and Fourth
    Too long to get an answer.
    Incentivized
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    Sourceday
    No answers on this topic
    Return on Investment
    HotSchedules and Fourth
    • Procurement: Integrating some of the key suppliers with Trade Simple has saved labour hours.
    • Integration: GL Integrations have increased the efficiency and quality of data.
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    Sourceday
    • SourceDay has been able to provide buyers with more time to focus on strategic planning.
    • SourceDay has given the buyers a tool that makes it easy hold suppliers accountable with their orders.
    Incentivized
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    ScreenShots

    Fourth Procurement and Inventory Screenshots

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