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Request for Quotation (RFQ) or Sealed Bid is an electronic tool, used by the buyers to receive quotes for the specific goods or service in very short period of time. RFQ is usually used for the initial price discovery and followed by the Auction to get the best market price.
Our e-Procurement suit helps you to automate your procurement process completely, which helps you in saving time, ensures better prices, reduced paperwork, enhances transparency and higher procurement process efficiency. Our e-Procurement solution is simple to use and easy to integrate with your ERP system to deliver better result.
An online Negotiation tool involving multiple parameters, usually undertaken as the last leg of the Sourcing/ Tendering process , which helps the buyer in saving time, ensures better prices, reduced paperwork, enhances transparency, increases market efficiency, higher procurement process efficiency, and at the same time, provides the Suppliers/ Vendors on the status of their respective competitiveness.
In today’s global economy there are so many factors to consider when choosing and managing a supplier, that it can quickly become overwhelming. With our supplier management solution, you can automate, simplify the supplier management process, can make it fast, easy and can take informed decisions about your suppliers to strengthen the relationship with the suppliers.
Top 10 reasons to choose ProcureCloud as your Sourcing Partner.
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