EC Sourcing: Vendor Analysis (Part 1) — Background and Solution Overview

EC Sourcing is one of a select group of technology providers targeting the middle market with an e-sourcing platform. It happens to be one of the most mature in capability, with a set of clever features that only come from the battle scars of years of managing sourcing events. Spend Matters' analysis of the EC Sourcing platform positions it as a solid contender to fill the sourcing needs of middle market procurement organizations looking for technology to transform their sourcing efforts. (Note: The solution could also be a fit for larger organizations wanting to expand their provider shortlists.) In addition to EC Sourcing’s standard RFX, auction, contract management and supplier information management (SIM) offerings, the provider’s summer 2016 release adds a new process management layer. This Spend Matters Pro Vendor Snapshot provides facts and expert analysis to help procurement organizations determine if EC Sourcing solution is the right fit for their needs, as well as offers perspectives on alternative providers to consider in an evaluation alongside of it. This three-part brief includes an EC Sourcing company and detailed solution overview, company-level SWOT analysis, product strengths and weaknesses, user selection guides, a user interface analysis, competitive alternatives, and evaluation and selection considerations.