Sourcing software is an application that automates sourcing processes, such as supplier selection, bids management, and award contracts, and it reduces the time taken for routine bidding events.The sourcing software considered in this report are from vendors, who offer software specifically for sourcing. The basic features considered for selection criteria are auction management, budget management, RFx management (Request for Information (RFI), Request for Proposal (RFP), Request for Quote (RFQ), and Request for Bid), spend management, supplier management, supplier qualification,and supplier risk management.

PART 01: Executive summary 5

PART 02: Scope of the report 16

PART 03: Research Methodology 21

PART 04: Introduction 24

Key market highlights 24

PART 05: Market Landscape 25

Market overview 25

Market size and forecast 27

PART 06: Five forces model 28

Five force model 28

PART 07: Market segmentation by end-user 29

Global sourcing market by end-user 29

PART 08: Geographical segmentation 36

Global sourcing software market by geography 36

Americas 37

EMEA 38

APAC 39

PART 09: Market drivers 41

Increased need for cost reduction in the sourcing

process 41

Modernization in the indirect procurement process 41

Need for risk management in sourcing 42

Demand for automation of the sourcing process 43

PART 10: Impact of drivers 44

PART 11: Market challenges 46

System integration challenges 46

Dynamic sourcing service requirements 46

Threat from open-source sourcing software vendors 47

PART 12: Impact of drivers and challenges 48

PART 13: Market trends 49

Emergence of mobile sourcing technology 49

Rise of e-sourcing 49

Increasing adoption of sourcing analytics 50

Upsurge of cloud-based sourcing software 51

PART 14: Vendor landscape 53

Competitive landscape 53

Major vendor offerings 54

PART 15: Vendor analysis 55

Capgemini 55

Coupa Software 55

IBM 56

SAP 57

sciQuest 57

Other prominent vendors 59

PART 16: Appendix 62

List of abbreviations 62

Assumptions 63

PART 17: Explore Technavio 65