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LightSource

Website LinkedIn

Last updated on

Company health

Employee growth
4% increase in the last year
Web traffic
63% decrease in the last quarter

Ratings

G2
4.9/5
(11)

LightSource description

LightSource is an AI-powered software platform designed to simplify and automate procurement processes for businesses. It offers tools to streamline tasks such as managing requests for proposals (RFPs), finding new suppliers, tracking costs, and collaborating with stakeholders. Key features include AI-powered bid analysis, ready-to-use templates for various procurement needs, and intelligent chat for seamless communication. LightSource prioritizes security, speed, and accessibility, making it suitable for businesses of all sizes looking to optimize their procurement operations.

Who is LightSource best for

LightSource is an AI-powered procurement platform simplifying and automating tasks like RFP management, supplier discovery, and cost tracking. It features AI-bid analysis, ready-to-use templates, and intelligent chat for seamless communication. Designed for businesses of all sizes, LightSource prioritizes security, speed, and accessibility to optimize procurement operations.

  • Ideal for businesses of all sizes, from small startups to large enterprises.

  • A good fit across various sectors, especially manufacturing, consumer goods, and food production.

LightSource features

Supported

LightSource enables efficient supplier discovery and RFQ management, streamlining the sourcing process for buyers.

Supported

LightSource provides tools for seamless communication and collaboration between buyers and suppliers.

Supported

LightSource helps suppliers improve sales and margins by simplifying the RFQ process.

Supported

LightSource is designed as a strategic sourcing platform for both buyers and suppliers.

Supported

LightSource enhances communication efficiency by centralizing buyer-supplier interactions.

LightSource pricing

The commentary is based on 3 reviews from LightSource G2 reviews.

LightSource's pricing information isn't available in these reviews. However, users consistently highlight its value, efficiency gains, and automated features, suggesting a positive return on investment despite any potential costs. They emphasize streamlined processes and time savings, indicating LightSource may offer valuable cost benefits in the long run.

See the LightSource pricing page.

LightSource alternatives

  • Logo of Archlet
    Archlet
    Effortless sourcing and smarter supplier deals for procurement.
    Read more
  • Logo of Procol
    Procol
    Effortless procurement. Streamlined purchasing. Data-driven savings.
    Read more
  • Logo of Arphie
    Arphie
    AI-powered RFP and security questionnaire automation for faster, better proposals.
    Read more
  • Logo of Oracle Procurement Cloud
    Oracle Procurement Cloud
    Streamlines buying, manages suppliers, controls costs, and boosts efficiency.
    Read more
  • Logo of mjPRO
    mjPRO
    Streamlines purchasing, manages suppliers, and cuts costs.
    Read more
  • Logo of OpenGov Procurement
    OpenGov Procurement
    Streamlines government purchasing, boosts transparency, and simplifies contracts.
    Read more

LightSource FAQ

  • What is LightSource and what does LightSource do?

    LightSource is an AI-powered procurement platform that streamlines and automates sourcing, RFP management, and supplier collaboration. It offers intelligent chat, bid analysis, and ready-to-use templates, helping businesses of all sizes optimize procurement operations and improve efficiency.

  • How does LightSource integrate with other tools?

    There is no information available regarding specific integrations LightSource offers with other tools. It's designed as a comprehensive platform for procurement, encompassing features from supplier discovery to collaboration tools.

  • What the main competitors of LightSource?

    Alternatives to LightSource include Archlet, Procol, Arphie, Oracle Procurement Cloud, mjPRO, and OpenGov Procurement. These competitors offer similar procurement automation and optimization tools for businesses seeking streamlined sourcing, purchasing, and supplier management solutions.

  • Is LightSource legit?

    Yes, LightSource is a legitimate AI-powered procurement software. It streamlines processes like RFP management and supplier discovery. With positive ratings and features designed for secure and efficient procurement, LightSource is safe for businesses seeking to optimize their operations.

  • How much does LightSource cost?

    I couldn't find pricing details for LightSource. Contact LightSource directly for product pricing or a personalized quote. Consider exploring alternatives if budget is a primary concern in your software selection.

  • Is LightSource customer service good?

    LightSource's customer support is highly praised in reviews. Users highlight the helpfulness and responsiveness of the support team, mentioning individuals like Sourav, Pieter, and Madeleine by name for their excellent assistance. The team's proactive approach to resolving issues and bugs is also appreciated.

Reviewed by

MK
Michal Kaczor
CEO at Gralio

Michal has worked at startups for many years and writes about topics relating to software selection and IT management. As a former consultant for Bain, a business advisory company, he also knows how to understand needs of any business and find solutions to its problems.

TT
Tymon Terlikiewicz
CTO at Gralio

Tymon is a seasoned CTO who loves finding the perfect tools for any task. He recently headed up the tech department at Batmaid, a well-known Swiss company, where he managed about 60 software purchases, including CX, HR, Payroll, Marketing automation and various developer tools.