Clear Procurement and Contract Management.
Comprehensive and Flexible.
Compliance First.
Providing you with a structured and secure way to manage procurement and contracts across teams, suppliers and systems.
About the module
The Sourcing module provides sophisticated tools and functionality to manage the entire procurement lifecycle. From e-procurement and contract management through to supplier engagement, Sourcing will compliantly streamline activities so you can confidently manage your entire process, people and teams.
Compliant and Integrated
We are an eSender, supporting all notice types (Public Contract Regulations 2015, Provider Selection Regime, and Procurement Act 2023). Fully compliant with Public Contract Regulations 2015, Provider Selection Regime, Procurement Act 2023 and Local Government Transparency Code 2015. The software features:
- The ability to run all procurement processes including invitation to tenders, quick quotes, Dynamic Purchasing Systems, Dynamic Markets, Frameworks, Call-offs, and eAuctions
- Communication tools and document management
- Real-time reporting and dashboards to provide extensive data insights
- Strong category management and available API integrations with third party systems
- Seamless integration with our Purchase to Pay module.
Solution focused and versatile
Procurement teams face continuous regulatory changes, administrative burden and disjointed systems. As leaders in digital procurement transformation and innovation Panacea Software Sourcing will help you to seamlessly manage with:
- Confidence and peace of mind through guaranteed compliance. It’s important to us that we are fully compliant with evolving procurement legislation
- Significant time saving through automation. We provide extensive support and training throughout your subscription
- Actionable data insights to inform future procurement strategy. Our dynamic data insights enable oversight, performance tracking and decision making
- A unified system that eliminates data duplication with one shared database across modules
- Enhanced supplier collaboration and engagement through an intuitive, modern supplier interface. Enabling higher supplier satisfaction and stronger, more collaborative partnerships
Results, quantified.
%
Increase in client satisfaction ratings
Our software solutions are results driven. We take the time to understand what’s most important to our customers, so we achieve high levels of satisfaction. Every software module offered, every customer interaction, the commitment of our team and innovative technology are all focused on finding the best results for whatever organisational challenge you face.
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Find out more
If you'd like to find out more about this module or have questions about our work, please complete the form and we will get back to. We’d love to connect with you to understand your requirements and support your success.
Customer Testimonials
“From the outset the team helped to make a complex project feel seamless. We were impressed with their ability to collaborate with us while taking the time to understand our challenges and priorities as a result we met all our objectives and milestones. They exceeded our expectations.”
Stephen Adamson
Implementation Lead, Lincolnshire Council
"Before using Purchase to Pay our processes were manual, complex and lacked transparency Panacea Software centralised and streamlined control and accountability enabling clearer visibility, improving oversight and confidence in the process."
Alison Inyang
Transaction Team Leader, Hexagon Housing Association
“My overall impression is one of total professionalism in combining a procurement portal that delivers both value for money in the public sector and fully encompasses our specific procurement needs.”
Mark Jenkinson
Procurement Lead Gentoo
“Panacea’s software is easy to navigate and simplifies many administrative tasks that were cumbersome and time-consuming in our old system.”
Jamie Thomas
Commercial Manager, NS&I
“We received a 92% approval rating and significantly reduced costs – Panacea facilitated even better value for money for our clients. Working with their skilled and professional team has been a great experience.”
Karen Johnston
Consultation and Communications Manager, Bolton Council
“Our creative services team generated £130k of new revenue and received a high approval rating after using Panacea software. They helped us to meet budget challenges head on, thanks to the automation, management information and cost savings.”
Ros Daniel
Creative Services Manager, Camden Council
“Panacea Software allows us to make informed decisions, frees up our time to plan marketing activity proactively and enabled us to cut the prices we pay for our services by 55-70% saving £2.1m.”
Lesley Gordon
Head of Marketing, Haringey Council
”We are always looking to improve our reputation and to save time and money for the council. Panacea Software is flexible and is constantly developing and providing us with new opportunities to support these aims.”
John Hoang
Marketing Communications Manager, Tower Hamlets Council
Case studies
Modernised procurement for stronger governance and engagement
Lincolnshire County Council (Local Government)
2 min read
Centralised processes enabled confident purchasing
Hexagon Housing Association
2 min read
Transformative Sourcing drives operational excellence
Gentoo Group
5 min read
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