SourceDay is a Software as a Service (SaaS) solution that automates purchase order management processes by seamlessly integrating with Enterprise Resource Planning (ERP) systems. SourceDay extends ERP purchasing capabilities by centralizing and managing the PO lifecycle for buyers and suppliers, eliminating manual processes while improving supplier performance. Through their experience, they uncovered capability gaps with most ERP systems that created unnecessary costs, increased risk, and wasted time and productivity. They understand the unique pain points associated with managing direct spend and how competitive the manufacturing and distribution industries are. Poorly performing suppliers and material issues will inevitably delay production, increase costs and ultimately reduce revenue.
“Before SourceDay, we were talking about a multi-million dollar expansion for warehouse space. Now, we’ve reduced on-hand inventory by 22% and we’re actually looking at no longer storing production components at an offsite warehouse.”
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