Introducing SourceBid: Advanced eAuction Software
Source suppliers strategically and save up to 9.8% of procurement costs.
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Solutions
Purchase Requests
Create internal purchase requests for your organization.
Purchase Orders
Send purchase orders to your supplier network.
Approvals
Create custom approval workflows across your teams.
Supplier Management
Manage all your suppliers in a single platform.
RFQs
Create bidding events and save costs.
Inventory Management
Keep track of all your inventory items and warehouses.
Budgeting
Track your spending with budget allocations.
Spend Analysis
Analyze your spending by project and department.
Integrations
QuickBooks
Connect with your existing apps.
Enigma
AI Reporting I New
Discover the future of procurement reporting.
Enigma: AI-Powered Procurement Reporting Tool
Discover the future of enterprise-grade procurement reporting.
SourceBid: Advanced eAuction Software
Streamline strategic negotiations and maximize cost savings.
Industries
Construction
Food Service
Technology
Education
Nonprofit
Healthcare
Automotive
Manufacturing
Resources
Resources
Procurement Blog
Explore procurement trends and best practices.
Tour Product
Learn how to use Team Procure Cloud
Company
About Us
Learn about our company
Contact Us
Connect with our Team
Terms of Service
Read our user agreement
Articles
AI in Procurement: Exploring the Role, Benefits, and Challenges
Can AI deliver real value to your procurement & sourcing? Read the article to discover how.
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Procurement Automation: Trends in 2025 and Beyond
Explore how automation can advance procurement efficiency and maturity.
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Pricing
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Budget Management
Plan your budgets and control your spending.
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Key Features
Budget Planning & Control
Allocate funds for procurement and maintain control over company spending.
Assign Budgets
Create and assign budgets to projects, users, teams, and departments.
Filter, export, and drilldown on the data quickly
Save, schedule, and automate reports to your inbox
Connect the tools you already use with 100+ integrations
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Control Overspending
Limit budgets to certain amounts and get notifications when the threshold is reached.
Keep your customers in the loop with live chat
Embed help articles right on your website
Customers never have to leave the page to find an answer
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Analyze Budgets
Analyze budgets across your entire organization based on status and amount.
Leverage automation to move fast
Always give customers a human to chat to
Automate customer support and close leads faster
View Interactive Demo
Budget Management Made Simple
Track Your Budgets
Monitor corporate spending and track progress through real-time data.
Track Usage
Track the amount of spend remaining in each budget.
Currency Distribution
Define the currency type to use for each budget.
Filter Budgets
Search all your budgets and filter them by name, status, or the amount remaining.
Budget Management Software
Frequently Asked Questions
Can I assign a budget to several projects?
Yes. You can allocate a single budget to multiple projects, departments, or users.
Can I limit who sees the budget?
Absolutely. You can allow only specific users to see a budget or you can share it across your entire organization.
Can I edit a budget once it's been created?
Of course. Once the budget is created you can still increase or decrease the amount based on your needs.
Can I assign a specific approval workflow to a budget?
Yes. You can assign a department or project to a specific approval workflow and include a budget check.
Transform Your Procurement Process
14-Day Free Trial
Free Onboarding Support
No Long-Term Contracts
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