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Sourcing Planned and Savings Tracked

A sourcing pipeline and saving tracker are two perspectives on the same data. Looking into the future, procurement teams can identify and plan savings opportunities and enter them. Later, they can look back and generate reports around realized savings.

Track All Your Projects and Your Progress

Sourcing Pipeline List View

Did you know that some procurement teams are run like sales teams? Members have quotas but for savings rather than for new business.

See your org's entire sourcing pipeline

  • Plan future sourcing projects
  • Identify and track savings opportunities
  • Search and sort of projects, stakeholders, and other criteria

Add Items to Your Pipeline

Sourcing Pipeline Item

Vendorful allows individual members of the sourcing team to add and manage pipeline items while providing a holistic view to executives.

See your org's entire sourcing pipeline

  • A single source of truth for the whole team
  • Ramp up stakeholder engagement
  • Search and sort of projects, stakeholders, and other criteria
  • Keep track of state: planning, in-progress, completed, cancelled

Completely Configurable

Pipeline Item Configuration

All organizations in Vendorful can set up their pipelines — and the data capture inside them — in accordance with their own rules and processes

A configuration all your own

  • Determine what data you want to capture
  • Track status, savings, and anything else
  • Tie together related documents
  • Generate reports based on underlying data that were captured

See how you can plan and measure savings.

The broad mandates to lower costs impacting most procurement departments, tracking savings is more important than ever. Vendorful's sourcing pipeline and savings tracking software put this data at your fingertips.

Features at a Glance

Tight integration with category management 
Customizable configuration 
Support for multiple currencies 

Progress and status tracking 
Individual and executive views 
Configurable searching and sorting 

Multi-currency support 
Turnkey savings tracking 
Notifications and reminders 

Why do I need a sourcing pipeline?
Planning to run some RFPs this year? How about a few reverse auctions? Phone calls to negotiate updated pricing? Using a sourcing pipeline, you can identify specific categories or contracts to be sourced/updated, a time frame for the activity, the key stakeholders to be involved, and the resources that you need support these projects.