Powerful Sourcing Features  

Automated RFx	Automates requests for information, quotes, or proposals, accelerating the process and helping negotiate the best value. Buyers evaluate suppliers on price and non-price parameters with weighted attribute RFx. Streamlining the manual RFx process allows buyers to evaluate and select suppliers based on value to the organization.
Weighted Attributes and Scoring	Weighted attributes enable buyers to establish any number of attributes on which to gather and compare responses from bidders. These fully configurable attributes allow for relative weighting of each attribute and associated response value. The complex algorithms required for quantitative scoring of responses are all handled by Sourcing, with side-by-side comparison on the Event Scoreboard
Event Scoreboard	Side-by-side comparisons of responses from multiple bidders make it easy for buyers to evaluate them and select a winner. The Event Scoreboard also allows a buyer to make "split" awards, and optimize the award based on lower total costs and not just the best bid. This time saving element promotes quicker, better-informed decisions.
Real-Time Bid Graph	Bids from all participants are graphed in a dynamic, real-time display, giving the buyer a visual picture of an event's progress and success.
Supplier Report Cards	Organizations can define and maintain metrics of supplier performance. Supplier report cards help drive purchasing decisions and evaluate suppliers. Report cards are configurable based on user-defined parameters such as quality, responsiveness, delivery, and cost. Each parameter can then be weighted and scored.
Collaboration	Epicor Sourcing enables true online collaboration and negotiation with suppliers. With the solution, you can facilitate event creation and automate true cross-enterprise workflow. Information is disseminated throughout the organization and allows online negotiation between buyers and suppliers. Participants in sourcing events can participate in the free-flow sharing of information, and create an audit trail of messages that includes text, images, and documents.
Event Mechanisms	English auctions, Dutch auctions, sealed bids, and dynamic ascending and descending events, just to name a few.  Sourcing delivers over 20 mechanisms so you can choose the right one for each event.
Configuration and Customization	Business users can easily configure and customize the Sourcing site look and feel, trading partner and user permissions, and other parameters.
Security	Secure transaction environment using Secure Sockets Layer (SSL) technology.
Alerts	Alerts reduce the risk of missed opportunities by notifying you of events (proactive event notification) that meet your criteria, changes, and out-bid situations.
Wireless	Receive, view, and bid on events using your wireless device.
Search Filters	powerful search capabilities allow buyers and suppliers to find events, items, and partners that meet their objectives.
Integration	Epicor Sourcing integrates with Procurement for non-catalog requisitions and Enterprise Services Automation for contract staffing.

Epicor Sourcing has benefits for buyers and suppliers. The numerous benefits to buyers include accessing new suppliers, reducing purchasing costs through competitive bidding, reducing purchasing cycle times, and streamlining and automating internal processes. Supplier benefits include increasing investment recovery, increasing sales channels, liquidating excess inventory easily, and reducing sales and marketing expenses.