Stave Procurement provides an intuitive, easy-to-use system strategic sourcing solutions with guided workflows to manage processes, action items, and provide end-to-end visibility.
Stave Procurement decreases the time to purchase and increases your organization’s efficiency and user satisfaction, enabling:
Stave Procurement provides a modern platform to digitalize your end-to-end procurement activities, including:
Digitally manage sourcing projects with Stave Procurement
Define the sourcing strategy, document requirements, collaborate with key stakeholders, identify suitable vendors, and carry out the RFx process.
Manage Sourcing Projects
Publish Bid Listings
Define the category and scope of work to include the required approvals and reviews for the sourcing request process. Vendors can be organized by groups to help support your sourcing needs, such as differentiating between facilities and technology vendors.
Stave Procurement allows you to define vendor solicitation response requirements and evaluation criteria, so you can fully automate the evaluation and selection process. The portal allows you to automatically request vendor bids from approved vendors. As vendors upload their responses, you can see the status such as no-bid, in progress, or submitted for review.
Vendors Portal Listings
With Stave Procurement you can manage and evaluate the responses in a single place. Evaluation allows the procurement team to rate responses against the requirements and against each other, to make the best value or lowest cost award decisions.
Evaluation members can rate vendor responses to help you determine offer ratings. Evaluation factors are user-definable and can include solution, technical approach, quality, conformance, compliance, past performance, and risk. Compare evaluations to determine which vendor provides the best value to your organization. Once a vendor is identified, you can automate the process of contract award to the winning vendor.