Sourcing software solutions is an official business term used to describe the process of selecting the right software and technology to meet a company’s specific needs. It involves researching and evaluating various software products and services, comparing them to one another, and selecting the best option for the company. The goal of sourcing software solutions is to find the most cost-effective, reliable, and efficient solution that meets the company’s current and future needs. It is important to note that sourcing software solutions is not just about finding the cheapest option, but rather finding the right solution that will provide the most value to the company. Sourcing software solutions requires a deep understanding of the company’s needs, the software market, and the available options. It is also important to consider the company’s budget, timeline, and other factors when making a decision. Ultimately, the goal is to find the best software solution that meets the company’s needs and provides the most value for the money.