Best RFP Software with RFP Issue Capabilities

Precoro is a cloud-based solution for procurement centralization & automation. It unifies your procurement operations, eliminates manual work, prevents maverick spend and drives savings — faster than you think. Save 5% of every dollar spent by centralizing procurement data, identifying cost-saving opportunities, and eliminating duplicated payments. Procurement: Build stronger relationships with suppliers, store contracts, and simplify requests for employees. Gain full visibility into spending, manage POs, orchestrate approval routings, and collaborate with suppliers in one tool. - AP Automation: Save time at each stage of invoice processing with AP inbox, AI-powered OCR, approval workflow, 3-way matching, reporting, integrations, and budget control. - Spend Management: Seamlessly navigates budgets across locations and departments, manages expenses, and generates reports for insightful analysis. Monitor budget usage to leverage data-driven insights that enhance business profitability. - Supplier Management: Automate vendor onboarding and approval to mitigate possible risks. Utilize a supplier portal for efficient communication and manage supplier information in a centralized repository. - Connect Precoro with ERP systems and business tools like NetSuite, QuickBooks, Xero, and Sage, or build custom connections using a free API. Eliminate duplicate payments and manual document handling. Precoro’s intuitive interface ensures painless onboarding without IT involvement. Customize, scale, and manage operations with ongoing support from your dedicated Customer Success Manager (CSM). Keep all your data secure with SSO and reliable 2-factor authentication. Our privacy compliance program aligns with the General Data Protection Regulation and the California Consumer Privacy Act. Moreover, Precoro is SOC 2 Type II compliant, ensuring the utmost protection for all your sensitive data.

Olive is an AI-powered software sourcing platform designed to streamline the RFP creation process, enabling organizations to create and manage RFPs in minutes. Our platform helps IT leaders, consultants, and procurement teams make faster, smarter decisions with less effort. With Olive, businesses can: -Create RFPs, RFIs, and RFQs efficiently through AI automation. -Compare vendors, manage requirements, and conduct due diligence within a single, collaborative workspace. -Reduce reliance on third-party services, leading to significant cost savings and greater independence in the procurement process. -By leveraging AI for requirements management, vendor comparisons, and decision-making, Olive drives better technology investments and more successful digital transformations.

Procurement made easy with Prokuria. Cut your procurement costs without compromising on quality! Prokuria's cloud-based platform is an innovative way to streamline your procurement, purchasing, and sourcing process. It helps you save time and money through automation, without compromising on quality or customizations that suit each team’s needs perfectly! Prokuria is easy to customize, fast to start, with an intuitive interface when compared to other more traditional software solutions. No training is required for buyers and suppliers, which leads to fast adoption by teams. While cloud-based, it is straightforward to be customized for special requirements like approval flows, audit needs, or special user rights. RFIs, RFPs, RFQs without hassle From RFIs, RFPs, RFQs, and other sourcing documents to procurement decisions - streamline your way with digitized data. Prokuria is the key to faster and smarter sourcing decisions from anywhere in a matter of seconds with our innovative technology that streamline the selection and puts you on top of your sourcing process through features like Sealed Bids, Message Center, Supplier Engagement Monitoring, Internal Collaboration, Smart Alerts & Reminders, Powerful Questionnaires, Audit Logs and more. Reverse Auctions for big impact With Prokuria's new and improved tools for reverse auctions, you'll be able to maximize savings while streamlining supplier selection - all in one place with the use of our best features: British Reverse Auctions, Dutch Auctions, Dynamic Allocations, Multiple Factor Auction (MFA), Supplier Engagement Monitor, Set-up for competition (multiple settings available: show or hide rank and best bid, bid at item level or at the total price), Message Center, Audit logs and more. Requisition & Approvals You'll never have to worry about forgetting a document again. All your requisition, approvals, and budget tracking in one place! You can configure the workflow to suit you. You'll get access to real-time updates that tell how things are going with no hassle of juggling multiple lists or checking up on past transactions every day! Supplier Management for utmost efficiency Automate your way to success. Get a centralized view on suppliers' performance, collaborate with them and let you be the one in charge with Prokuria's great features like Central Directory, Supplier Onboarding, Approval Flows, Suppliers Scorecards, Supplier Segmentation, Smart Automations, Internal Collaboration, Audit logs, Smart Alerts & Reminders and many more. Purchase Orders made interactively With the use of technology, eliminate manual work and coordinate purchasing processes in an efficient manner, configure your POs, improve collaboration with suppliers with the use of Prokuria's Interactive PO, and track updates in real-time with clear statuses and smart notifications. Contract repository You can't afford to miss deadlines. Keep your contracts online and with smart notifications for a paperless office, where you're always on top of things! Supplier Price Monitoring Keep an eye on the price of your products, promotions, and stock in any country or online shop with our great features like Data History, Alerts and Notifications, Customizable Reports, Data Export and API. No-Code for Procurement Discover how Prokuria through its no-code solution makes it simple to design and build applications, so companies can quickly launch complex, scalable, automated workflows without writing a single line of code. With Prokuria, we make sure that the procurement process is both modern and efficient with our software. We use several different approaches to achieve this goal with a focus on: - Ease of use - With a user-friendly and intuitive interface, anyone can use Prokuria with no training needed. - Free-trial - Test Prokuria and see if we are a match for you. We offer a Risk-Free Trial where no credit card is required to sign up! - Open pricing - We want to make sure you have the right plan for your needs, so we offer flexible and transparent pricing options. You can be confident in knowing exactly what it costs before committing! - In-depth customizations - Custom fields, custom modules, intelligent flows, and alerts. - Usability - Latest standards in design and UX. Product adoption is fast for users, but also for suppliers. - Internal collaboration - Speed of business is essential. Particularly for remote working, efficient communication and project/task management is key. - Fast implementation & data migration (weeks - vs. other platforms, months) - Buying teams need a working solution now, not in 6 months, or when IT departments can work on their problem.

TYASuite is a leading intelligent procurement platform, that is trusted by over 10,000 users across 150+ enterprises globally. Designed for modern businesses, our platform seamlessly integrates with leading ERP accounting systems like NetSuite, QuickBooks Online, and other essential tools, ensuring a smarter, more efficient procurement process. Procurement shouldn’t be complex—it should be simple, streamlined, and powerful. TYASuite’s intuitive platform covers every stage of the procurement lifecycle, from Purchase Requisitions (PR), Purchase Orders, Contract Management, Goods Receipt Notes (GRN), RFXs, and Inventory Control to Invoice Processing, Budget Control, Compliance, and Payment Automation. With real-time spend visibility, robust workflow automation, and insights, businesses can eliminate inefficiencies, reduce costs, and drive strategic decision-making. With our advanced Procure-to-Pay automation, businesses can: ✅ Eliminate Manual Errors – Automate invoice matching, approvals, and payments for faster processing. ✅ Enhance Cost Control – Gain real-time visibility into spending with budget tracking and compliance monitoring. ✅ Streamline Supplier Collaboration – Manage vendor relationships with built-in evaluation tools and automated reminders. ✅ Boost Efficiency & Compliance – Ensure policy adherence with audit trails, tax validation, and document management. ✅ Seamless ERP Integration – Connect effortlessly with your existing ERP, finance, and accounting systems. Whether you're looking to improve procurement efficiency, enhance vendor relationships, or achieve greater financial control, TYASuite’s cloud-based, customizable, and cost-effective P2P solution is the answer. Take control of your procurement process today! 👉 Schedule a demo now to experience the power of intelligent procurement automation! 👉 https://www.tyasuite.com/procurement-software

Procurement Manager provides an established, repeatable process for these tasks that delivers consistent speed, efficiency, cost savings, and control. Procurement Manager includes management of complex categories like bespoke print, generating typical savings of 20% plus.

Acquirell is a procurement technology suite solution tailored to Small and Mid-Market businesses that allows increasing the real value through the procurement process automation within one system. The product solves the following problems that SMB faces in terms of procurement: *Inability to manage the procurement process with traditional tools like Excel and paper sheets. *Inability to manage company’s purchasing requirements due to complexed approval processes. *Significant time waste due to manual execution of all procurement processes including sourcing events. *Miscommunication within a company and with the suppliers due to inconvenient use of various communication channels. Acquirell possesses the following modules that allow to solve problems mentioned above: REQUIREMENTS PLANNING Collect and manage purchase requisitions from all departments and employees in order to get rid of complicated need approval algorithms and purchasing of superfluous items. E-PURCHASING Automate PO creation and approval by the controllers with a fully integrated procurement system to reduce rework and errors. CONTRACT LIFECYCLE MANAGEMENT Ensure compliance through automating all stages of working with contracts to reduce time consumption and minimize errors by virtue of the manual workflow elimination. E-SOURCING Source the strategic key items at the best offering through conducting instant e-sorcing events: forward auctions, reverse auctions, Dutch auctions, and RFx events. SUPPLIER BASE MANAGEMENT Document all supplier communications and relationships within one database and develop real strategic relations with the qualified suppliers. SPEND ANALYTICS Automate data collection to calculate procurement expenses. Track and control the expenses in order to adjust the procurement strategy.

Archer RFP is a proposal management software help to manage request for information(RFI) and request for proposal(RFP).

Claritum’s platform enables many of the world’s largest enterprises, leading businesses and fast-growing service providers to gain granular visibility and control of every transaction, globally and in real time. Over 150,000 users in 70 countries rely on Claritum to deliver significant, measurable and sustainable savings from their expenditure on marketing & operational print, promotional products, uniforms & apparel, packaging, IT & consumables and related services. Key Capabilities • Sourcing • Supplier Management • Catalog • Procurement • Invoicing • Reporting Visit www.claritum.com

The Workflow Automation Company You Keep For Life

A comprehensive online RFP/RFX lifecycle management solution which comes with enriched features that help organisations create and track the status of the eRFX document. You can qualify your vendors and auto-score them using dynamic Quality & Cost Based Scoring (QCBS) which can be templatised to suit your needs. This solution built on the principles of open architecture can be seamlessly integrated with other business application platforms like ERP, Sourcing Platforms, etc.

BusinessBid offers an end-to-end eProcurement Software. It is built by procurement professionals for procurement experts. It is native to the cloud and can be accessed on any mobile phone. - Easily automate sourcing and purchasing processes & eliminate paper - Save time - Achieve bottom-line savings and automate the entire Procurement cycle - Customized to fit your requirements and easy to implement eSourcing | eRFX and Auction | Requisitions | Electronic Approvals | Historical Reporting | PO Creation & Conversion | Receiving - 2 Way Match | Invoice Matching - 3 Way Match | Contract Management | Supplier Management | Inventory Management

CormSquare automates your procurement process, greatly reducing time, cost and effort. It also helps find right suppliers at lower price. CormSquare saves procurement cost and ease of procurement.

An eAuction involves online interactions between a purchasing group (referred to as the Buyer) and participants (known as suppliers in B2B contexts). There are various forms of eAuctions, including: Types of eAuctions: English-style Reverse eAuction: This is the most common type of eAuction. In this format, suppliers bid against each other to offer the lowest price. As the auction progresses, the price decreases with each subsequent bid. Dutch-style Reverse eAuction: Unlike the English-style, the auction starts with a low price, and the price is gradually increased until a supplier agrees to sell at that price. Percentage-driven Reverse eAuction: In this format, suppliers bid by offering discounts on a predefined base price. The supplier offering the highest discount wins the auction. Set or Variable Price Reverse eAuction: Here, the buyer sets a fixed price or a price range. Suppliers can either accept the fixed price or bid within the given range. Progressive eAuction: This is the opposite of a reverse auction. Suppliers bid to sell their products or services at increasing prices, and the highest bidder wins. Benefits of using eAuction: Cost Savings: eAuctions can lead to significant cost reductions as suppliers compete to offer the best prices. Transparency: All bids are visible in real-time, ensuring a transparent process for both buyers and suppliers. Efficiency: The online platform speeds up the procurement process, reducing the time taken to finalize contracts. Wider Supplier Base: eAuctions provide access to a broader range of suppliers, potentially leading to better offers and quality. Fair Competition: All suppliers have an equal opportunity to participate and win contracts, ensuring a level playing field. Reduced Administrative Burden: Automated processes and digital documentation reduce the administrative workload. Data Collection: eAuctions provide valuable data on supplier behavior, market rates, and trends, which can be used for future strategic decisions. In summary, eAuctions offer a modern, efficient, and transparent method for businesses to procure goods and services, leading to better outcomes and informed decision-making.

We’ve transformed the way business build a request for proposal (RFP). Our automated solution breaks down RFPs into simple, easy-to-understand business requirements that can be analyzed, graded, and delivered in streamlined manner. We’ve eliminated the guesswork, headaches, and ambiguity that are inherent to the traditional RFP process, while providing a green alternative that saves time, money, paper, and other resources.

Procurement Management Software