Strategic sourcing softwareAward smarter. Keep the savings you negotiate.

Go beyond the lowest bid. Aavenir RFPflow models split awards and savings scenarios, benchmarks offers against history, tracks savings line by line, and carries the agreed terms into the contract.

Built natively on ServiceNow. Available standalone.

Illustrative scenarios · demo data, fictional suppliers

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Quick answer

What is strategic sourcing software?

Strategic sourcing software helps procurement teams plan sourcing events, evaluate total value and award business to the right mix of suppliers. Aavenir RFPflow adds split-award optimization, savings scenarios with a total cost of ownership focus, historical price benchmarks, negotiation rounds and line-item savings tracking.

Plan, negotiate, award

Sourcing decisions built on total value.

Split-award optimization

Model scenarios that distribute awards across several suppliers and compare allocation alternatives.

Savings scenarios

Analyze best value, lowest cost, top two suppliers and more, with a focus on total cost of ownership.

Historical benchmarks

Evaluate offers against historical sourcing benchmarks and 20+ preconfigured reports.

Negotiation rounds

Run multiple negotiation rounds with Excel-style pricing tables and track savings on every line item.

Item master

Keep a central item master of products, services and categories, synced with ERP, procurement or inventory systems.

Contract intelligence

See historical contract data, supplier obligations and SLA compliance when choosing suppliers.

How it works

From bids to the right award.

StepStepWhat happensDone by
1BenchmarkCompare offers with historical prices and the item master.Sourcing manager
2NegotiateRun negotiation rounds and track savings line by line.Sourcing team
3ModelCompare best value, lowest cost and split-award scenarios.Sourcing manager
4Award and carry overAward the event and carry the agreed terms into the contract.Rules and workflow
Straight answers

Strategic sourcing, answered.

What is strategic sourcing software?

Software that helps procurement teams plan sourcing events, evaluate total value and award business to the right mix of suppliers.

Can I split an award across suppliers?

Yes. RFPflow models split-award scenarios and compares allocation alternatives across multiple suppliers.

What savings scenarios can I compare?

Best value, lowest cost, top two suppliers and others, with a focus on total cost of ownership.

Can I track negotiated savings?

Yes. Savings are tracked on each pricing line item through negotiation rounds, and savings and spend analytics show results across events.

How do awards connect to contracts?

Award updates sync back to ServiceNow SPO and contract creation starts from the award, so agreed terms carry into the contract.

Next step

Make every award a strategic one.

A 30-minute walkthrough of RFPflow sourcing scenarios.

G2

4.3 ★★★★★on G2

Gartner Peer Insights

4.6 ★★★★★Gartner Peer Insights

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