Last updated on
Company health
Ratings
SourceDay Platform description
SourceDay Platform is a cloud-based supply chain management software designed for mid-sized businesses in manufacturing, distribution, and retail. It helps companies gain control over their inbound supply chain by automating and streamlining purchase order collaboration with suppliers. The platform integrates with existing ERP systems, providing real-time visibility into order changes, delivery status, and potential risks. This helps to prevent delays, reduce errors, and improve on-time delivery rates, ultimately leading to cost savings and increased efficiency.
What companies are using SourceDay Platform?
Who is SourceDay Platform best for
SourceDay is a cloud-based supply chain management software that streamlines purchase order collaboration with suppliers. It integrates with existing ERP systems, providing real-time visibility into orders and potential risks. Users love the streamlined communication and reduced manual data entry, leading to improved on-time delivery and cost savings. However, some users find vendor adoption challenging.
-
Best for mid-sized businesses.
-
Ideal for manufacturing companies.
SourceDay Platform features
| Supported SourceDay facilitates efficient communication and collaboration between buyers and suppliers. |
| Supported SourceDay automates purchase order matching with invoices and receipts for accurate payments. |
| Supported SourceDay seamlessly integrates with ERPs for data synchronization and process automation. |
| Supported SourceDay efficiently manages purchase order changes, including tracking and approvals. |
| Supported SourceDay provides real-time purchase order visibility, including updates and potential delays. |
| Supported SourceDay supports proactive supply chain risk management with real-time monitoring, alerts, and predictive analytics. |
| Supported SourceDay supports purchase order tracking, from creation to approval and fulfillment. |
SourceDay Platform reviews
We've summarised 49 SourceDay Platform reviews (SourceDay Platform G2 reviews) and summarised the main points below.
- Streamlined purchase order communication and collaboration with suppliers.
- Real-time visibility into order changes, delivery status, and potential risks.
- Integration with existing ERP systems for automatic updates.
- Reduced email traffic and manual data entry.
- Improved on-time delivery rates and cost savings.
- Difficult to get vendors to adopt and consistently use the platform.
- Updates to the platform sometimes cause issues for vendors.
- Limited NetSuite integration prevents certain desired workflows.
- Confusing interface for managing shipments.
- Lack of clear communication regarding platform updates/changes.
SourceDay Platform alternatives
CoupaBetter suited for larger enterprises and a wider range of industries. Coupa offers broader spend management functionalities beyond purchase orders, including expense management and sourcing. It has wider industry applicability and is growing faster. However, some users find the interface less user-friendly and data extraction challenging.Read more
INCIFLOBetter for warehouse management and inventory tracking. Has less momentum. Broader industry fit.Read more
SAP ConcurBetter for managing travel and expenses. A stronger SAP Concur alternative for purchase order management and collaboration with suppliers. Broader industry applicability. Has more momentum currently.Read more
AirbaseBetter for finance, e-commerce, media, marketing, or professional services. Grows faster. Combines expense management, AP automation, and corporate cards.Read more
RipplingBetter for businesses needing comprehensive HR, IT, and finance management. More suitable for global businesses due to localized solutions. Has more momentum currently.Read more
ConnectPointzBetter for e-commerce and retail businesses. A SourceDay Platform competitor and alternative, ConnectPointz offers EDI integrations and has higher user ratings. It is suitable for businesses of all sizes.Read more
SourceDay Platform FAQ
What is SourceDay Platform and what does SourceDay Platform do?
SourceDay Platform streamlines supply chain management for mid-sized manufacturers. It automates purchase order collaboration, provides real-time visibility into orders and deliveries, integrates with ERP systems, and helps manage risks, ultimately improving efficiency and on-time delivery.
How does SourceDay Platform integrate with other tools?
SourceDay Platform integrates with existing ERP systems, enabling seamless data synchronization and process automation. This facilitates real-time visibility into purchase orders, changes, and potential supply chain risks. It streamlines communication and collaboration with suppliers, improving efficiency.
What the main competitors of SourceDay Platform?
Top SourceDay Platform alternatives include Coupa, a comprehensive spend management platform, and INCIFLO, specializing in supply chain optimization for mid-sized businesses. Airbase focuses on spend management, while SAP Concur manages travel and expenses. ConnectPointz automates sales and supply chain processes.
Is SourceDay Platform legit?
SourceDay Platform is a legitimate supply chain management software. User reviews highlight streamlined purchase order communication and real-time visibility as key benefits. However, some users mention difficulties with vendor adoption and occasional platform issues. Consider these factors when evaluating SourceDay Platform's safety and suitability.
How much does SourceDay Platform cost?
I cannot find pricing details for SourceDay Platform. Contact SourceDay directly for product pricing and to determine if the platform is worth the investment for your needs.
Is SourceDay Platform customer service good?
Customer reviews on SourceDay Platform's customer service are generally positive. Users praise the responsiveness and helpfulness of the support team, highlighting their assistance with user errors and technical issues. However, some users have noted generic responses to their issues, indicating there's room for improvement in personalized support.
Reviewed by
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.
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.