Sorcity.com Spend Reduction Information

For a CFO looking to improve profits safely and quickly, without investing time, money, people or software, Sorcity is a fascinating option. Since 1999 our clients have saved millions of dollars more by letting us ebid their purchases to gain lower prices. Benchmarks reveal that Sorcity ebids average 12-24% lower prices than a Buyers' negotiated prices, across all major Goods, Services, and Capital purchases. How does a Buyer save money? Through Sorcity, a Supplier can see when they are outbid and they can enter lower and lower bids if they wish. It results in more Suppliers, more competitive bidding, and a lower price. Like an auction, but downward price pressure…. a “reverse auction”.... which is only part of our over-all service. The Sorcity Center of Excellence is a Buyers’ Wish-List because there is no software, no staffing, no training, no waiting, and no fee to you. It is ready now, on tap, and your ebids are prepared with you and run by a team of professionals with you in control and making an award to the Supplier who best meets your needs. A number of your Suppliers are already Sorcity members, ready to provide you a lower ebid price when you want it. Sellers gain with Sorcity by seeing market prices, by having the freedom to bid lower, and win new business from hundreds of Sorcity clients, so they tend to perform well and stay in good standing. Experience this for yourself in a simple pilot of 3-4 large ebids, with the goal to save you at least $1,000,000 more than your negotiated price. Sorcity eliminates unnecessary cost and time that exists in today’s procurement process and provides results. With a network of over 620,000 suppliers, the spend reduction professionals at Sorcity deliver the easiest, quickest and most effective sourcing service in the world to organizations in all industries, without added time, pain, or cost. You now have a host of questions. Call us at 800-525-2401 to get answers.