Supplier sourcing and evaluation
Simplify supplier selection: and increase the efficiency of your sourcing activities with our eRFx solution.
eRFx is a comprehensive solution designed to streamline your sourcing activities by simplifying the processes of RFI, RFP, and RFQ management. It enhances supplier selection efficiency, enabling your organization to make informed procurement decisions.
Streamlined supplier prequalification and shortlisting: Effortlessly design, distribute, collect, and analyze RFIs, RFPs, and RFQs through a shared tender platform.
Enhanced efficiency and time savings: Automate the entire sourcing process—from request creation to supplier evaluation and selection—significantly reducing the time and effort required for complex procurement activities.
Data driven decision making: Leverage supplier intelligence to optimize smarter sourcing, ensuring that your procurement decisions are based on accurate and comprehensive data.
Stronger cross-team collaboration: Enable procurement teams, finance, and stakeholders collaboratively score suppliers.
Advanced analysis and scenario building: Utilize scenario building and advanced calculations for deeper comparison and supplier scoring, facilitating thorough evaluations.
Collaborative scoring: Allow multiple stakeholders to independently score and evaluate suppliers, ensuring a balanced and unbiased decision-making process.
Increased supplier competition: Implement various eRFx types to extract required information, driving more suppliers into the evaluation stage and enhancing competitive bidding.
Automated post-bid analysis: Ensure that competitive suppliers are advanced to eAuctions, optimizing your negotiation process.
Full overview
