Smartsource Review - why 4.5 stars?

Shlomi Lavi / updated: Jun 27, 2022

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What is Smartsource?

Iasta SmartSource is a strategic sourcing and spend management solution that can help users by enhancing their analysis capabilities and allow them to consider multiple scenarios in a very short time. The solution can turn you into a purchasing hero whether you have experience with cross-functional collaboration with strategic sourcing software or are a buyer in a reactionary position.

IASTA, the company behind Iasta SmartSource, was founded back in 2000 and is headquartered in Carmel, IN.

Who is it best for?

Iasta SmartSource is suitable for companies of all shapes and sizes across multiple industries. OfficeMax, VF Corporation, FirstGroup plc and Time Warner Cable are some of the clients of this solution.

Main features and functionalities

Iasta SmartSource comes with supplier information management, decision optimization, contract authoring, contract management and supplier performance management features. Users get a wide range of sourcing in this solution: RFs, Auction, Surveys, Template Library and Project Management. It’s also easy to create cost comparison scenarios by allocation and limit constraints when paired with non- price factors, supplier and lot and item attributes. Users can track and monitor supplier performance over a specific period of time by creating supplier scorecards with custom KPIs.

What is the actual cost?

ITQlick pricing score is 3.8 out of 10 (10 is most expensive). Access ITQlick pricing guide for Smartsource. You can also find here pricing information from Smartsource's website.

How it stacks up?

Access a head to head analysis of Smartsource vs alternative software solutions.

Frequently Asked Questions (FAQs)