10 Best Supplier Relationship Management Software In 2023

Pipefy can help ecommerce merchants automate supplier relationship management processes and centralize essential details, such as supplier databases and contracts.

Why I picked Pipefy: This platform is a part of this list because of its automation capabilities that will handle your supplier management workflows and actions. Pipefy provides built-in supplier relationship management capabilities that handle processes such as procurement, purchasing, and contract management. While automating these processes for you, Pipefy will provide a complete overview of supplier details to help you improve communications, monitor spending, and enhance approvals.

Pipefy Standout Features and Integrations

Features include communication tools that empower you to have clear collaboration with stakeholders that allows for a single status update flow. Pipefy will also help you simplify procurement execution, engage with suppliers, and get accurate spending data.

Integrations include native connections with your current systems to help you orchestrate work from a single platform. These integrations include connections with third-party platforms such as Airtable, Basecamp, Capsule CRM, DocuSign, FreshBooks, Google Drive, HubSpot, Infusionsoft, Intercom, Mailchimp, and other software options.

Anvyl helps ecommerce organizations improve supplier performance with tools to ensure they have effective communications between them and their suppliers.

Why I picked Anvyl: I added Anvyl to this article because it’s able to help you enhance supplier performance when working with your ecommerce business. Anvyl uses supplier scorecards to give you an overview of performance over time, detailing indicators such as responsiveness and on-time delivery rates. The platform will highlight where suppliers are performing effectively and where they can improve to ensure your business experiences a significant positive impact.

Anvyl Standout Features and Integrations

Features include intelligent purchase order management tools that span across every stage of your PO process and track everything from issuance to delivery. Anvyl also provides collaboration capabilities that allow straightforward communications across your business and keeps files, messages, and relevant tasks in a centralized area.

Integrations include connections with tools such as ERPs, inventory management, fulfillment, and other vital systems to help your teams work as effectively as possible. These integrations include connections with applications such as Brightpearl, Cin7, Flowspace, Microsoft Dynamics 365, Project44, QuickBooks Online, ShipBob, Shiphero, Tipalti, Xero, and other software options.

Coupa helps ecommerce businesses mitigate supplier risk with comprehensive risk management capabilities across many stages of the supply chain.

Why I picked Coupa: I put Coupa in this article because of how it stands out from the rest, thanks to its supplier risk management capabilities. Coupa helps by developing a multi-level supplier risk assessment model that also allows you to communicate risks to decision-makers and help you maintain regulatory compliance. The platform enables you to take action to manage corrective action plans and keep spending away from high-risk suppliers when necessary.

Coupa Standout Features and Integrations

Features include tools to help you analyze spending and improve purchase efficiency by automatically identifying suspicious spending to reduce risk. Coura also uses artificial intelligence to help optimize your sourcing decisions and identify opportunities, insights, and other beneficial details.

Integrations include connections with 40 tools such as Avarni, Kodiak Hub, Microsoft Dynamics 365, NetSuite, Order.co, Persefoni, Propeller, SAP ERP, SimpleLegal, UpKeep, and other software options. You can also use Coupa’s API to create custom integrations with your current toolset.

Gatekeeper uses artificial intelligence to help brands with contract lifecycle management to maintain perfect compliance.

Why I picked Gatekeeper: The platform provides effective contract lifecycle management capabilities that will result in lower costs, reduced time spent on admin tasks, and improved team resilience. Gatekeeper uses its AI Extract feature that’s specifically for contract data and clause analytics. You can also manage simple or complex contract approval routines using email updates that automatically notify vital stakeholders.

Gatekeeper Standout Features and Integrations

Features include artificial intelligence capabilities that will automatically extract key metadata and clause language from uploaded PDFs. Gatekeeper’s Optical Character Recognition tool will automatically process, index, analyze, and link critical documents to essential contract records.

Integrations include connections with leading business management tools popular with many ecommerce organizations, including Adobe Sign, Box, Dropbox, Google Drive, Microsoft Dynamics 365, NetSuite, Okta, Salesforce, SAP Financials, Xero, and other software options.

GEP Smart provides a unified source-to-pay (S2P) solution ecommerce brands can use for end-to-end supplier relationship management functionality.

Why I picked GEP Smart: The software will provide a unified S2P solution, your business can use to handle all processes and identify procurement opportunities. GEP Smart enables fluid information and process flow to increase end-to-end indirect and direct supplier relationship processes. You can also use GEP Smart to manage savings and make purchases from suppliers while receiving comprehensive sourcing, spending, and procurement functionality.

GEP Smart Features and Integrations

Features include tools to help enhance company-wide compliance by enabling efficient and effective workflows. The platform is also a mobile-native tool that allows you to manage all S2P processes from anywhere, anytime, on any device.

Integrations include a small number of native integrations, such as Arkestro, Microsoft Azure, Microsoft Word, and Punchout Catalogs. GEP Smart provides an API you can use to create custom integrations with your current systems.

SAP Ariba provides an all-in-one supplier relationship management solution that handles entire supplier journeys.

Why I picked SAP Ariba: I chose to add SAP Ariba to this list for those who wish to have an all-in-one supplier relationship management software solution. SAP Ariba can simplify source-to-pay operational processes for growing and large organizations that need a platform for controlling their entire supplier management. With this platform, you can handle everything from initial sourcing and bidding stages and negotiations to contract execution, risk management, and performance analysis.

SAP Ariba Standout Features and Integrations

Features include procurement capabilities that connect spend categories and enhance supplier collaboration, such as guided buying and data centralization and analysis. The platform’s supplier management tools enable you to manage performance, lifecycle, and risks from a centralized location and prioritize spending with your best vendors.

Integrations include connections with applications that are common among ecommerce organizations to help automate processes and manage supplier relationships more effectively. These connections include systems such as Coreprint, DataServe, OnScreen, Ordero.co, Plika, Punchout Catalogs, SnapAP, TrueCommerce, Uptempo, VendorPanel, and other software options.

APEX Portal allows ecommerce businesses to search and engage with a directory of pre-qualified suppliers.

Why I picked APEX Portal: If you’re starting your search for new suppliers, I added APEX Portal to help you out. The platform simplifies this process for you by providing a supplier search portal that will find vendors from three sources: your candidate database, your current vendor master, and millions of suppliers from the APEX Portal’s smartvm database. APEX Portal allows you to establish preregistration business rules that enable you to decide which details supplier prospects must provide and whether the platform should automatically validate this information against private and public databases.

APEX Portal Standout Features

Features include supplier statement audit tools that use artificial intelligence to improve recovery speed and supplier relationships, including cognitive computing technology to target suppliers likely to have outstanding account credits. APEX Portal also provides e-invoicing capabilities that help you avoid missed and duplicate payments.

ProcureWare allows ecommerce organizations to create competitive, pre-qualified supplier bidding and facilitate bid evaluations.

Why I picked ProcureWare: When searching for new suppliers, you might decide to hold competitive bidding events to help you find the best vendor for your needs. So, I added ProcureWare to help you with the bidding process by enabling you to invite pre-qualified suppliers who already answered pre-bid questions to your bidding. The platform simplifies the bid evaluation process and facilitates sourcing team collaboration when analyzing and scoring suppliers’ responses.

ProcureWare Standout Features and Integrations

Features include contract management tools that help you track all contracts and ensure terms and conditions compliance. ProcureWare’s supplier management tools provide a centralized system that allows you to get an overview of supplier data to help you manage risks and make better decisions.

Integrations include connections with your third-party applications via ProcureWares single sign-on system or ongoing synchronization with your on-premises systems.

Ivalua provides brands with a spend management platform that enables ecommerce businesses to effectively manage supplier spending.

Why I picked Ivalua: No matter the size of your budget, getting spending under control when working with suppliers is essential. I added Ivalua to this article because it provides you with a Spend Analysis solution that will help you identify savings opportunities and understand purchasing patterns. Ivalua also empowers your teams to analyze bids to choose the best suppliers and further manage spend effectively.

Ivalua Standout Features and Integrations

Features include e-procurement tools that will simplify the buying experience for your team by connecting your business with suppliers through a supplier portal. You can also use the platform’s risk and performance management capabilities to identify risks and get a complete overview of suppliers’ information and activities to get in-depth insights.

Integrations include connections with systems to enhance your business’s processes and workflows. You can connect Ivalua to systems such as Adobe Sign, Beamy, DocuSign, Entrio, Fairmarkit, Fluxym, IntegrityNext, Lemon Learning, PunchOut Catalogs, Shortways, and other software options.

Oracle Supply Chain Management allows brands to get complete visibility over supplier relationships and supply chains.

Why I picked Oracle Supply Chain Management: The platform is suitable for ecommerce brands that need complete supply chain visibility. Oracle Supply Chain Management’s analytics tools will help you identify cost-saving opportunities and bottlenecks that you can fix to perform perfect order execution. You can also get complete visibility across suppliers to help you fill extensive customer demand.

Oracle Supply Chain Management Standout Features and Integrations

Features include procurement tools that will help simplify source-to-pay workflows, such as vendor selection, spending compliance, and profitability improvement. You can also have access to the platform’s supply chain planning capabilities that enables you to plan supply, demand, sales management, and order fulfillment throughout your supply chain.

Integrations include connections with a small number of systems to help you improve data passing between applications and enhance productivity. The integrations I could find include Calameo, Rite Software, and Tangentia.