It ensures transparent, efficient, and competitive procurement practices, reducing manual effort and improving decision-making accuracy.
benefits
Automates the creation, distribution, and tracking of RFPs and RFQs.
Reduces manual paperwork and improves accuracy.
Increases transparency and standardization in vendor selection processes.
Speeds up vendor response collection, evaluation, and comparison.
Enhances collaboration across procurement, legal, and business teams.
flow
1
Vendors are selected and invited to submit proposals/quotations via email or portal access.
2
Vendors submit proposals or quotations through the system with required documentation.
Deadline tracking ensures timely submission and alerts vendors as deadlines approach.
3
Responses are reviewed against predefined evaluation criteria.
Automated scoring, side-by-side comparisons, and collaborative reviews help select the best-fit vendors.
4
Winning vendors are awarded contracts or POs based on evaluations.
All RFP/RFQ documentation is stored securely for future reference and auditing.