CombineNet, Inc. has released version 4.5 of its Advanced Sourcing Application Platform (ASAP), a Software as a Service (SaaS) solution that enables companies to capture more spend under management and drive additional savings across all corporate spend categories. The release features two new enhancements: Expressive Feedback, which increases the collaboration between buyers and suppliers to help reduce the costs of goods and services, and Scenario Analysis Configuration, which puts more custom analysis power into the hands of sourcing managers and buyers.
The Expressive Feedback feature encourages more expressive, collaborative and timely information sharing between buyers and suppliers to improve the results of sourcing events. Buyers can now employ a range of expressive feedback options, such as Bid Feedback and Supplier Feedback, to guide suppliers during the bidding cycle, enabling them to respond more strategically to meet the goals of the buying organization.
