e-Sourcing Tools including RFX Management, Contract Repository and Reverse Auctions.
In 2006, we opened the metaphorical doors to the first ever, completely free, eSourcing tool – WhyAbe.com. As a one-of-a-kind solution, the free tool made it simple for procurement teams to connect with suppliers, centralize contracts, and run sourcing events without the significant investment of implementing a platform. For suppliers, it was a free way to participate in auctions and RFPs, secure new business, and expand their marketing efforts. We’re proud to have provided a tool that has enabled so many procurement teams and furthered the supply management function, but all good things must come to an end.
As of December 31, 2019, we will be retiring WhyAbe.com. WhyAbe’s retirement is representative of the growing industry shift towards more robust source-to-pay solution suites to solve Procurement’s evolving supply management needs. The decision comes following Corcentric’s acquisition of Determine and its Source-to-Pay platform suite. As a unified organization under the Corcentric name, the combined brands of Source One and Determine offer companies end-to-end supply management and finance solutions, including a comprehensive toolset to enable Procurement and Finance teams.
Corentric’s Source-to-Pay platform delivers a robust spend management experience, including:
- Contract Lifecycle Management
learn more about implementing a Spend Management solution platform
Gain a clear view of your spend profile and cost reduction opportunities with a procurement-focused spend analysis from Corcentric.
Spend Analytics and Opportunity Assessment
Need category-specific support? Looking to reduce costs and improve contract agreements? Our procure-to-pay team has you covered. We’ll help establish a sourcing strategy to deliver the best results for your cost reduction initiatives.
Supplier Management Strategy
Best-in-class procurement teams know that strong supplier relationships are the key to better agreements, better product, and achieving a competitive edge. Our procure-to-pay experts can help your procurement team maximize your supplier relationships by establishing a program that facilitates innovation and ushers a strategic direction for you and your supply base.
Supplier Relationship Management