Share this
Getting your sourcing and contract management in shape means choosing the right tool, and doing so with a suite that can be onboarded correctly, without endless months of training.
Such platforms are essential to help you handle tenders to supplier relationships, all while keeping procurement smooth and collaborative between a team trying to outcompete other brands.
In our post below we’ve featured seven standout options for 2025.
Each has something different to offer depending on what matters most to you. Without further ado, let’s get started:
1. Scanmarket – Best Overall
Scanmarket keeps it simple without losing features, but its modular setup means it offers a fantastic all-in-one approach for so many functionalities you may need two or three other packages to emulate.
It’s cloud-based so setup happens fast, and teams appreciate the clear layout, thanks to no endless menus or confusing dashboards. You can run RFPs, auctions, manage contracts, and suppliers all from the same screen, and most users find they pick it up fast with minimal training.
Customers often mention how responsive the support team is, and how easy it is to get real help during sourcing events. If you want a platform that lets you work smart from day one, Scanmarket leads the way thanks to its mix of intuitive design and full sourcing features.
Scarnmarket also shows a commitment to continual updates and integrations, meaning only the most specific use cases and niche industries may need something more customizable. Thanks to this modular approach, all the other USP’s in this list can be accommodated through Scanmarket’s platform. As such, it takes pride of place as the best overall in our list.
2. Coupa – Best For Spend Tracking
Coupa brings sourcing, contracts, invoicing, even expenses into one platform as many others, but what sets it apart is the spend insight. That’s because it pulls anonymized data from thousands of companies to give predictive suggestions and benchmarking, which is great for training new onboarding staff or having conveniences to hand. You’ll also know how your pricing stands compared to peers trying to bid on the same auctions.
If your team needs tight budget control and intelligent recommendations during sourcing, Coupa provides a strategic view of your spend in one place. That deeper visibility makes decision-making easier to handle and mistakes harder to come by.
3. SAP Ariba – Best For A Larger Supplier Network
SAP Ariba is fantastic when you need global connection for international companies, because its network connects millions of suppliers, so finding the right partner for a niche category is easier to handle even if your team is relatively small.
It also plugs easily into SAP ERP systems, which is a genuine help for big companies already invested there. There’s a fair amount to learn, sure, but if your procurement team is working across regions and needs compliance control, Ariba’s global network has proven itself for many services and continues to do so through 2025..
4. Jaggaer – Good For End-To-End Coverage
This option has the moves like Jaggaer. Jaggaer’s suite covers sourcing, contracts, invoicing, procurement and more, not to mention it offers advanced vendor collaboration and analytics all powered by AI.
It’s a full procurement stack, which means it was designed to automate most of your processes from sourcing through payment. Some users say it takes a bit to set up, but once it’s in place, it handles everything you throw at it and the AI tools are easy to prompt and set preferences with, such as in supplier rollouts or contract lifecycles that are pretty standard fare for procurement planners.
5. Ivalua – Best For Hyper-Altering Your Workflows
Some procurement teams just want flexibility, you can’t pin them down with any pre-portioned package no matter how modular you are. They need low-code tools that let you adjust sourcing steps, approval flows and spend controls exactly how they want, and that’s just the beginning.
Ivalua has become known for that exact functionality. It’s cloud-based but highly configurable, so if off-the-shelf solutions hold you back, Ivalua lets you craft a procurement process that matches your organization, even as needs change over time. For that reason it’s celebrated among those with extremely niche use cases.
6. Precoro – Good For Super-Fast Deployment
Precoro is perfect if you want a quick, no-issues possible procurement solution. It achieves that by being very simple, mostly focusing on purchase orders, approvals, budgets and invoices, and connects easily with tools you may recognize, like QuickBooks, Xero, and similar competitors. Users say implementation happens in weeks, not months, and the interface feels familiar right away.
If your company just needs streamlined purchasing without any intensive training time or even modular requirements, this lightweight platform gets the job done fast, and for that reason it’s become popular with small and medium sized businesses.
7. Procurify – Worthwhile for Spend Control
Procurify is a great fit for growing companies that need better control over buying without heavy ERP systems., as those can be intensive to learn. That’s especially true of businesses who haven’t had a solid spending process in place before now. This package covers requisitions, approvals, and payment, which are all designed for real-time sign-offs for transparency..
You’ll find that the interface is clean, the mobile apps are solid, and it plugs into NetSuite, Sage Intacct, Dynamics 365, and QuickBooks. Teams have said to enjoy it because it makes budget checks and approval workflows easy to manage.
Conclusion
Each of these platforms offers a unique benefit. Scanmarket stands out for its friendly UI and all-in-one sourcing power. Coupa doubles up with spend intelligence. Ariba’s network strength is ideal for global procurement. Jaggaer’s suite gives full procurement coverage. Ivalua’s flexibility bends to your needs. Precoro promises fast deployment, and Procurify brings clarity to buying and spending control.
The right pick for your own brand depends on what matters most, be that that simplicity, control, custom workflows or speed. But if you’re after a solution that’ll let your team get started quickly with solid sourcing and contract tools, Scanmarket is hard to beat.
