Module Overview
The Request for Quotation Module makes it easy to get up-to-date pricing and encourages competition between your suppliers so that you get the best possible deal.
It’s fast and easy to create new RFQs in SpendMap and once you receive the bids and pick a supplier, you can convert/flip the RFQ into one or more Purchase Orders, with no duplicate data entry.
There’s even a handy Vendor Portal where your suppliers can respond to your RFQs and enter their pricing for you online.
Key Features
•Auto-build RFQs from approved requisitions, with no duplicate data entry.
•Copy previous RFQs.
•Unlimited items and suppliers per RFQ.
•Print, fax or e-mail RFQs to suppliers or post new RFQs to the web-based Supplier Portal where suppliers can review their RFQs and submit pricing online.
•Award RFQs to one or many suppliers (ie. split RFQs).
•Automatically build awarded RFQs into Purchase Orders or Requisitions.
