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Home : Solutions : Sourcing




Epiq Sourcing provides online collaboration and negotiation tools and intelligence to achieve cost savings and obtain more value. The solution streamlines and fully integrates sourcing life cycle phases such as strategy development, supplier identification, qualification, negotiation, award, implementation, monitoring and evaluation. Further, Epiq Sourcing enables your organization to:

  • achieve cost savings on goods and services
  • drive accelerated, best-value, best-supplier negotiation
  • improve stakeholder involvement with online collaboration
  • ensure best-practice continuous improvement in strategic sourcing

As the pressure from global competition, increasing regulation and inflation intensifies, companies and organizations of all sizes are making it an imperative to leverage sourcing for immediate and long-term bottom-line impact by:

  • meeting savings targets by engaging more strategically with suppliers and capturing additional savings opportunities
  • eliminating errors and risks with closed-loop, best practice strategic sourcing collaboration

Companies and organizations must leverage Epiq's focus, flexibility and rapid solution delivery to equip them with the collaboration and negotiation tools and intelligence needed to maximize immediate and long-term sourcing impact.

Streamline your sourcing operation with advanced functionality built upon a platform that is tightly integrated, yet modularly adopted. Obtain quick time-to-value and sustainable cost savings. Avoid the pitfalls of slow-moving, unfocused ERP vendors and hype-driven, narrow niche vendors. Epiq is set apart by key characteristics of its sourcing solution:

  • Fast: speedy deployment, rapid adoption and quick results. Adoption of Epiq's intuitive sourcing solution is free from complex implementation and maintenance. Procurement experts provide integrated support services.
  • Agile: sourcing solution delivery as a cloud-based Software as a Service (SaaS) package or as a rapid-deploy application. Leverage new levels of choice with configuration, branding, deployment and payment options.
  • Sustainable: freedom from the costs and burdens of complex installation and maintenance. Epiq Sourcing features seamless integration, interactive training, prioritized support, and expert services along with advanced functionality to simplify and automate complex sourcing processes.
  • Comprehensive: end-to-end, integrated functionality and expertise to support the needs of the most sophisticated buying organizations. Epiq Sourcing, bundled with Epiq Supplier, covers the full sourcing and supplier life cycle from strategy development and supplier identification to supplier information or bid solicitation (RFX, RFI, RFP, RFQ, Reverse Auctions, Negotiations, Surveys etc.), award, implementation, monitoring and evaluation.