SAP Supplier Relationship Manager vs. Sourceday

SAP Supplier Relationship Manager is well suited wherever SAP ERP (like ECC , S/4HANA) is in use. It might not work well when ERP is not from SAP (mostly ERP for small customers like NETSUITE, APPTIO, CORTEX etc.). for smaller customers procurement software like Coupa would better fit compared to SAP Supplier Relationship Manager. For large customers (like fortune 500 companies) SAP-SRM would fit very well.

Incentivized

As a buyer in a manufacturing environment, it is possible to have a large amount of POs out to vendors all over the world. Using SourceDay the buyer is not following up on late POs or worrying about reviewing every confirmation email, SourceDay has all that managed for me. This software puts all the buyer's follow up actions in one folder and it takes minutes to complete the review. SourceDay isn't the best suited for an organization that writes one to two POs a month unless the organization plans to use all the modules. PO to Payment.

Incentivized

• Bid Invitation
• contract management
• Live Auction
• Invoicing
• Shopping Cart

Incentivized

• SourceDay takes user suggestions and if they meet the greater good it will be implemented into the system. There was specific data a buyer needed to seem in the dashboard and SourceDay was able to create it.
• SourceDay provides superior customer service. The outboarding team are able to bring Suppliers and Buyers into the system within a day. This team will go the extra mile to set up one on one training if requested.

Incentivized

• Integration with ERP other than SAP
• Analytics
• Languages support
• Automation

Incentivized

• The PO exceptions are a feature that my team isn't able to use currently because it isn't pulling back all the necessary information. Our team hasn't submitted a formal request to update to add this information as of yet.
• Our organization has multiple manufacturing locations that purchase from suppliers that have store locations adjacent to the plants. At this time, SourceDay isn't able to distinguish which location the PO is going to. It is in their build plan and hopefully we will see the role out in 2021.

Incentivized

Coupa is better suited for smaller organizations and can integrate well with non-SAP ERPs. It has more languages supported and good mobile interface. Coupa has good Analytics and ca integrate well with ERPs like netsuite, octa, salesforce, cortex etc. It can also well integrate with other software like Docusign and support multiple languages with easier custom development.

Incentivized

• efficiency in procurement function resulting lower TCO
• Better relationship with suppliers
• compliance management

Incentivized

• SourceDay has been able to provide buyers with more time to focus on strategic planning.
• SourceDay has given the buyers a tool that makes it easy hold suppliers accountable with their orders.

Incentivized