SourceCentric™ offers a robust, web-based procurement system, Epic™. Epic™ is a multi-role, web-based system that allows buyers and suppliers to transact business online. It was designed by purchasing professionals for purchasing professionals and is loaded with buyer functionality including electronic catalogs, shopping cart ordering, request for quote/spot buy processing, automated workflows, supplier set up and maintenance, data warehousing, supplier performance reporting, spend reporting and more.

The supplier side of Epic™ provides your suppliers with access to respond to request for quotes/spot buys, maintain catalog items, provide vendor managed ordering and invoice all online. The power of Epic™ is that all parties have access to the same real-time information, simplifying communications throughout the transaction while significantly reducing cycle times.

Besides the Epic™ suite, the SourceCentric™ Solution provides you with an efficient transactional processing from purchase order placement through financial settlement. As items are ordered, purchase orders automatically generate to suppliers on the half hour. Interfaces between ERP and crib systems can also be set up to further automate the process. On the backend, the financial settlement process is managed to pay all suppliers and provide you one invoice file containing all the necessary information to feed back into your legacy systems and ensure proper accrual against departments, projects and entities

The SourceCentric™ Solution provides clients with the following types of savings:

SourceCentric™ will free up your staff to focus on key strategic sourcing activities. Now, leveraging corporate-wide contracts, managing maverick spend, instituting standards and strengthening corporate compliance is easily obtained with the robust technology of SourceCentric™.

SourceCentric™ is for companies seeking a hosted procurement solution that will enable them to gain greater strategic control of spend, as well as eliminate the daily, low-value, transactional grind that typically consumes an indirect purchasing organization.