Sourcing
AI-led sourcing begins here
Products and Platforms
TCS TAP™
TAP™: A Cloud-based AI-powered Source-to-Pay Platform
Highlights
- Transform sourcing with AI to unlock savings, competitive pricing, and the right supplier.
- Accelerate sourcing cycles by up to 50% with AI-powered automation.
- Unlock ~10-15% cost savings through intelligent RFx and e-auctions.
Overview
Today's sourcing function within an organization must deliver cost savings, speed, insights, and risk control. Modern sourcing practices demand precision, speed, and transparency with full visibility. TAP delivers seamless automation and smarter decision-making across the entire sourcing cycle.
Experience a seamless sourcing journey with TAP driven by AI and deep procurement expertise to deliver competitive pricing and supplier excellence — from spot buys to strategic RFx events — on a single intelligent platform. With dashboards, granular reporting, and real-time collaboration, TAP’s Sourcing drives measurable business value for the enterprise.
CAPABILITIES
One-click RFx for unplanned/spot buys and event cloning
Create RFx (RFI/RFQ/RFP) event, sectional questionnaire, and configurable workflow approvals
Forward/reverse auction, surrogate bidding, live bidding console, and real-time price tracking
Bid tracking, autoscoring with weights, and a comparative statement of quote
Multiple award recommendation, intelligent bid evaluation, and split awards scenarios
Real-time dashboards offer 360-degree visibility into the entire RFx lifecycle, e-auctions, and help you take strategic decisions
AI-driven supplier suggestion and event cloning; GenAI-assisted RFx event creation and sentiment-based regret mail notification for suppliers
Benefits
- Single integrated platform for all types of sourcing events
- 50% reduction in sourcing cycle time
- Achieve significant cost savings ~10-15%, by tapping into hidden sourcing opportunities
- 100% compliance and ESG adherence
- Gain real-time visibility and actionable supplier insights
- Strengthen supplier collaboration and supplier relationships
Make procurement faster, smarter, and more collaborative with TAP’s Sourcing, an AI-powered capability that redefines RFx, auctions, and supplier collaboration for a resilient, savings-driven enterprise.