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SourceDay

Fintech · Austin, United States · Founded 2013

SourceDay is a technology company that provides a cloud-based supplier portal designed to streamline procurement processes for businesses. The platform offers tools for managing purchase orders (POs), requests for quotes (RFQs), invoices, and quality control, all within a single, integrated system. SourceDay primarily serves manufacturing and distribution companies that rely heavily on complex supply chains. By offering real-time visibility into supply chain activities, the platform helps businesses proactively manage changes such as move outs, move ins, and cancellations, ensuring that their enterprise resource planning (ERP) systems are always up to date. The company's business model is based on a Software-as-a-Service (SaaS) subscription, generating revenue through recurring fees paid by its clients. SourceDay's solution is particularly valuable for companies looking to reduce costs, improve supplier collaboration, and maintain high levels of operational efficiency. Keywords: supplier portal, procurement, cloud-based, real-time visibility, purchase orders, RFQs, invoices, quality control, SaaS, supply chain.