Logo of ServiceNow Sourcing and Procurement Operations

ServiceNow Sourcing and Procurement Operations

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Company health

Employee growth
19% increase in the last year
Web traffic
10% decrease in the last quarter
Financing
July 2022 - $84M

Ratings

G2
4.5/5
(1)
Glassdoor
4.4/5
(4831)

ServiceNow Sourcing and Procurement Operations description

ServiceNow Sourcing and Procurement Operations helps businesses streamline their buying process from request to purchase. The software offers tools to digitize and automate tasks like creating purchase orders, managing approvals, and tracking spending. This allows employees to make purchases themselves through pre-approved channels and gives management better visibility into company spending. ServiceNow Sourcing and Procurement Operations is a good fit for mid-sized to large companies looking to reduce costs and increase efficiency in their purchasing departments.


Who is ServiceNow Sourcing and Procurement Operations best for

ServiceNow Sourcing and Procurement Operations helps mid-size to large companies streamline their buying process. It automates tasks like purchase order creation, approvals, and spending tracking, giving employees more purchasing power and management better spending visibility. This leads to reduced costs and increased efficiency.

  • Ideal for mid-size to large businesses seeking greater control and efficiency in their procurement processes.

  • Suitable for businesses across all industries looking to streamline their purchasing operations.


ServiceNow Sourcing and Procurement Operations features

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Supported

ServiceNow Sourcing and Procurement Operations enables employees to make purchases through pre-approved channels.

Supported

The software gives management better visibility into company spending.

Supported

ServiceNow Sourcing and Procurement Operations offers tools to digitize and automate tasks like creating purchase orders, managing approvals, and tracking spending.

Supported

ServiceNow Sourcing and Procurement Operations helps businesses streamline their buying process from request to purchase.


ServiceNow Sourcing and Procurement Operations alternatives

  • Logo of ProSpend
    ProSpend
    Better for mid-sized businesses. Has expense reporting, virtual cards, and AP automation on a single platform. Growing faster.
    Read more
  • Logo of SAP Ariba Buying and Invoicing
    SAP Ariba Buying and Invoicing
    Has broader company size applicability. Is growing faster in terms of web traffic and employee growth. Supports document management. A strong ServiceNow Sourcing and Procurement Operations competitor.
    Read more
  • Logo of Pivot
    Pivot
    Better fit for small businesses and growing tech companies. Offers a user-friendly interface, seamless integrations, and strong customer support. Has more momentum currently. Focuses on budget management and Procure-to-Pay. Lacks robust reporting and sourcing features.
    Read more
  • Logo of Precoro
    Precoro
    Better for small to mid-sized businesses. Has more momentum.
    Read more
  • Logo of SAP Concur
    SAP Concur
    Better for travel and expense management. A mobile app supports receipt capture. Has broader industry applicability. Shows some negative momentum.
    Read more
  • Logo of ProQsmart
    ProQsmart
    Better for managing complex projects and large purchases. More suitable for construction and manufacturing industries. Grows faster.
    Read more

ServiceNow Sourcing and Procurement Operations FAQ

  • What is ServiceNow Sourcing and Procurement Operations and what does ServiceNow Sourcing and Procurement Operations do?

    ServiceNow Sourcing and Procurement Operations streamlines buying processes from request to purchase. It automates tasks like purchase order creation, approvals, and spending tracking, enabling employee self-service purchasing and giving management greater spend visibility. It's ideal for mid-sized to large companies seeking to reduce costs and increase efficiency.

  • How does ServiceNow Sourcing and Procurement Operations integrate with other tools?

    ServiceNow Sourcing and Procurement Operations integrates with other ServiceNow products and third-party applications. It connects with ERP, accounting, and other enterprise systems to enable seamless data flow and process automation across the organization.

  • What the main competitors of ServiceNow Sourcing and Procurement Operations?

    Top alternatives to ServiceNow Sourcing and Procurement Operations include SAP Ariba Buying and Invoicing, Precoro, SAP Concur, and ProSpend. These competitors offer similar features for streamlining purchasing, managing spending, and automating procurement processes.

  • Is ServiceNow Sourcing and Procurement Operations legit?

    Yes, ServiceNow Sourcing and Procurement Operations is a legitimate software solution. It helps streamline the buying process, automate purchase orders, manage approvals, and track spending, increasing efficiency and reducing costs. It's suitable for mid-sized to large companies.

  • How much does ServiceNow Sourcing and Procurement Operations cost?

    I couldn't find specific pricing details for ServiceNow Sourcing and Procurement Operations. Contact ServiceNow directly to discuss pricing and determine if the product's value aligns with your procurement needs.

  • Is ServiceNow Sourcing and Procurement Operations customer service good?

    There is no customer service information available for ServiceNow Sourcing and Procurement Operations.


Reviewed by

MK
Michal Kaczor
CEO at Gralio

Michal has worked at startups for many years and writes about topics relating to software selection and IT management. As a former consultant for Bain, a business advisory company, he also knows how to understand needs of any business and find solutions to its problems.

TT
Tymon Terlikiewicz
CTO at Gralio

Tymon is a seasoned CTO who loves finding the perfect tools for any task. He recently headed up the tech department at Batmaid, a well-known Swiss company, where he managed about 60 software purchases, including CX, HR, Payroll, Marketing automation and various developer tools.