# Best RFP Software - Page 7

## How Many RFP Software Products Does G2 Track?

**Total Products under this Category:** 177

### Category Stats (Aug 2026)

- **Average Rating:** 4.65/5 (↑0.01 vs Jul 2026) The average rating of products in this category, based on all submitted ratings
- **Top Trending Product:** Dasseti ENGAGE (+2.01%) - Among all products in this category, Dasseti ENGAGE recorded the largest rating increase compared to last month

_Last updated: August 03, 2026_

## How Does G2 Rank RFP Software Products?

**Why You Can Trust G2's Software Rankings:**

- 30 Analysts and Data Experts
- 4,700+ Authentic Reviews
- 177+ Products
- Unbiased Rankings

G2's software rankings are built on verified user reviews, rigorous moderation, and a consistent research methodology maintained by a team of analysts and data experts. Each product is measured using the same transparent criteria, with no paid placement or vendor influence. While reviews reflect real user experiences, which can be subjective, they offer valuable insight into how software performs in the hands of professionals. Together, these inputs power the G2 Score, a standardized way to compare tools within every category.

## G2 Grid® for RFP Software
 ![G2 Grid® for RFP Software plotting products by satisfaction and market presence](https://www.g2.com/categories/rfp/grids.png?focus%5B%5D=21326&focus%5B%5D=4887&focus%5B%5D=485&focus%5B%5D=1370637&focus%5B%5D=1370358&focus%5B%5D=1333153&focus%5B%5D=1402319&focus%5B%5D=1330543)

Highlighted products: Responsive, formerly RFPIO, Loopio, Upland Qvidian, Inventive.AI, Iris, Tribble, Steerlab, and AutogenAI.

Underlying data: [Grid® JSON](https://www.g2.com/categories/rfp/grids.json?focus%5B%5D=responsive-formerly-rfpio&focus%5B%5D=loopio&focus%5B%5D=upland-qvidian&focus%5B%5D=inventive-ai&focus%5B%5D=heyiris-ai-iris&focus%5B%5D=tribble&focus%5B%5D=steerlab&focus%5B%5D=autogenai)

**Sponsored**

### UpCloud

UpCloud is European cloud service provider. Everything from Public Cloud to Private Cloud to Managed Kubernetes & Databases. With a global cloud platform spanning four continents, we offer a reliable, ISO27001 certified & GDPR compliant cloud-native product portfolio in 15 locations worldwide. Our 99.999% SLA ensures uninterrupted services, empowering businesses worldwide to thrive. Formed in 2012, UpCloud is headquartered in Helsinki, Finland.

[Visit website](https://www.g2.com/external_clickthroughs/record?secure%5Bad_program%5D=ppc&secure%5Bad_slot%5D=category_product_list_llm&secure%5Bcategory_id%5D=1580&secure%5Bchosen_at%5D=2026-08-06T12%3A50%3A26Z&secure%5Bdisplayable_resource_id%5D=188&secure%5Bdisplayable_resource_type%5D=Category&secure%5Bmedium%5D=sponsored&secure%5Bplacement_reason%5D=retargeted_product&secure%5Bplacement_resource_ids%5D%5B%5D=17906&secure%5Bprioritized%5D=false&secure%5Bproduct_id%5D=17906&secure%5Bresource_id%5D=1580&secure%5Bresource_type%5D=Category&secure%5Bsource_type%5D=category_page&secure%5Bsource_url%5D=https%3A%2F%2Fwww.g2.com%2Fcategories%2Frfp%3Fpage%3D7%26trk%3Dpublic_post_main-feed-card_reshare_feed-article-content&secure%5Btoken%5D=71dd745fba8d06ad501fd7e37b7c9dabd9800a28e90e30178975a148682dfe5f&secure%5Burl%5D=https%3A%2F%2Fsignup.upcloud.com%2F%3Fpromo%3Ddeploy250&secure%5Burl_type%5D=custom_url)

### [AgreeDeal](https://www.g2.com/products/agreedeal/reviews)

AgreeDeal is developed for procurement specialists and with their needs in mind. We had many conversations about procurement process and ways to improve it. What we’ve realised was that while there are plenty “can do it all” solutions, they are often too complex for small and medium businesses, who have very concrete challenges. One of such challenges – comparing RFQ’s, so we’ve decided to focus on it and develop a tool that would be close to the user (procurement specialist), while also giving substantial benefits to their businesses.

#### Who Is the Company Behind AgreeDeal?

- **Seller:** [Agreedeal](https://www.g2.com/sellers/agreedeal)
- **Year Founded:** 2021
- **HQ Location:** Vilnius, LT
- **LinkedIn® Page:** [www.linkedin.com](https://www.g2.com/external_clickthroughs/record?secure%5Bsource_type%5D=product_profile&secure%5Btoken%5D=ff81e1c956ef77aa9bac9b44ecfc61686d6fe8a32d535f78b6604deb0efe3f64&secure%5Burl%5D=https%3A%2F%2Fwww.linkedin.com%2Fcompany%2F79728320&secure%5Burl_type%5D=linkedin_company_website)  
1 employees on LinkedIn®

### [ALTO P2P Platform](https://www.g2.com/products/alto-p2p-platform/reviews)

Artificial intelligence-driven Procurement platform. ALTO eProcure simplifies complex procurement processes Features: Scorecard evaluation tool Sole Source Justification Convert RFX /bid to PO Reverse bids Limitless workflows Supplier/Customer information management Automated RFXs Dynamic catalogues Automatic POs HSE, Pre-qualification templates Governance and policy enforcement automation Change orders Blanquet POs Tolerance management e-mail, mobile and web approvals Contract metadata management Document repository Contract terms Contract spend management Compliance validation Contract tolerances Supplier Information Management (SIM)

**Average Rating:** 5.0/5.0

**Total Reviews:** 1

#### How Do G2 Users Rate ALTO P2P Platform?

- **Ease of Use:** 10.0/10 (Category avg: 9.2/10)

#### Who Is the Company Behind ALTO P2P Platform?

- **Seller:** [Innovation Centric Group (ICG Team)](https://www.g2.com/sellers/innovation-centric-group-icg-team)
- **Year Founded:** 2011
- **HQ Location:** Calgary, Canada
- **Twitter:** @ICGTeam  
517 Twitter followers
- **LinkedIn® Page:** [www.linkedin.com](https://www.g2.com/external_clickthroughs/record?secure%5Bsource_type%5D=product_profile&secure%5Btoken%5D=8b172d1073b0be8567bf5e1db65f89072322e5d6992bdc80378adbe3192c9f7a&secure%5Burl%5D=https%3A%2F%2Fwww.linkedin.com%2Fcompany%2F3499375%2F&secure%5Burl_type%5D=linkedin_company_website)  
8 employees on LinkedIn®

#### Who Uses This Product?

- **Company Size:** 100% Large

#### What Are Recent G2 Reviews of ALTO P2P Platform?

**["excellent software "](https://www.g2.com/survey_responses/alto-p2p-platform-review-2952201)**

**Rating:** 5.0/5.0 stars

_— Michelle. k._

[Read full review](https://www.g2.com/survey_responses/alto-p2p-platform-review-2952201)

#### What Are G2 Users Discussing About ALTO P2P Platform?

- [What is ALTO P2P Platform used for?](https://www.g2.com/discussions/what-is-alto-p2p-platform-used-for)

### [Arwin](https://www.g2.com/products/arwin/reviews)

Arwin is the #1 proposal and content management solution to turbocharge your RFPs. Arwin is founded by a small business owner who has secured over $3 million in Air Force contracts, with AI researchers from Google Research, OpenAI, and MIT. Used by experienced proposal managers at top companies with $1 billion+ in annual revenue, Arwin builds AI tools for proposal and content management that is secure and trustworthy — so teams can be empowered to collaborate better, respond to more solicitations, and win more contracts.

#### Who Is the Company Behind Arwin?

- **Seller:** [Arwin](https://www.g2.com/sellers/arwin)
- **Year Founded:** 2023
- **HQ Location:** San Francisco, US
- **LinkedIn® Page:** [www.linkedin.com](https://www.g2.com/external_clickthroughs/record?secure%5Bsource_type%5D=product_profile&secure%5Btoken%5D=acc1cf994e73b259a3954ec27a07ae1c1d346c1d703f9c22bf0145db9082e46f&secure%5Burl%5D=https%3A%2F%2Fwww.linkedin.com%2Fcompany%2Farwinai%2F&secure%5Burl_type%5D=linkedin_company_website)  
3 employees on LinkedIn®

### [Avalanch](https://www.g2.com/products/avalanch/reviews)

Avalanch helps SMEs respond to public and private tenders 10x faster using AI — no dedicated bid team required.

#### Who Is the Company Behind Avalanch?

- **Seller:** [Avalanch.io](https://www.g2.com/sellers/avalanch-io)
- **Year Founded:** 2026
- **HQ Location:** Paris, FR
- **LinkedIn® Page:** [www.linkedin.com](https://www.g2.com/external_clickthroughs/record?secure%5Bsource_type%5D=product_profile&secure%5Btoken%5D=db61fc9a4860aa4078175449f0125a4ac27e22ea1080c99f6eed5e1505b7a090&secure%5Burl%5D=https%3A%2F%2Fwww.linkedin.com%2Fcompany%2Favalanch-io%2F&secure%5Burl_type%5D=linkedin_company_website)  
1 employees on LinkedIn®

### [Beyond.RFP](https://www.g2.com/products/beyond-rfp/reviews)

Beyond.RFP is a cloud-based, automated RFP (Request for Proposal) management platform designed to simplify, streamline, and automate the entire RFP, RFI, DDQ, and Security Questionnaires processes for Fortune 500 companies as well as SMBs. The platform helps companies manage the end-to-end process of responding to an RFP, RFI, DDQ, and Security Questionnaire.

#### Who Is the Company Behind Beyond.RFP?

- **Seller:** [Beyond.RFP](https://www.g2.com/sellers/beyond-rfp)
- **HQ Location:** N/A
- **LinkedIn® Page:** [www.linkedin.com](https://www.g2.com/external_clickthroughs/record?secure%5Bsource_type%5D=product_profile&secure%5Btoken%5D=a4fc168574d98cf87aac0feee6a5df9bc21c7d90249d78d9e11f04841a8804db&secure%5Burl%5D=https%3A%2F%2Fwww.linkedin.com%2Fcompany%2Fbeyond-rfp%2F&secure%5Burl_type%5D=linkedin_company_website)  
1 employees on LinkedIn®

### [Bid Banana](https://www.g2.com/products/bid-banana/reviews)

Bid Banana is a user-friendly, subscription-based RFP (Request for Proposal) search engine developed by The Bid Lab. It aggregates thousands of open local, state, and federal RFPs and solicitations, helping small-to-medium businesses find, filter, and save relevant contract, grant, and funding opportunities. Organizations can also research previously closed bids and awarded contract data.

#### Who Is the Company Behind Bid Banana?

- **Seller:** [Bid Lab Technologies](https://www.g2.com/sellers/bid-lab-technologies)
- **Company Website:** bidbanana.thebidlab.com
- **HQ Location:** Nyack, New York (remote)
- **LinkedIn® Page:** [www.linkedin.com](https://www.g2.com/external_clickthroughs/record?secure%5Bsource_type%5D=product_profile&secure%5Btoken%5D=27f9eaf95de6b91be90bdc400daad609cd9feabff36ad812de717f4563674b2c&secure%5Burl%5D=https%3A%2F%2Fwww.linkedin.com%2Fcompany%2Fbid-banana%2F&secure%5Burl_type%5D=linkedin_company_website)  
1 employees on LinkedIn®
- **Ownership:** Maurice and Jordan Harary

### [Bidhive](https://www.g2.com/products/bidhive/reviews)

Plan, manage and track your company’s bid management activity all in one place. Bidhive has been developed specifically to help organisations unify their sales, pre-contracts and bid teams to make the time-sensitive bid process faster and more efficient. We go a step further and provide executives with a single source of critical win-loss insights for analysis and reporting. The benefits of using a platform such as Bidhive include efficiency gains to provide return on bidding investment, and better insights to inform bidding strategy. Bidhive provides complete oversight of the formal bid process end-to-end, with: - best practice tools and templates to guide strategy, information gathering and proposal development - timeline, milestone scheduling and status updates to streamline the management multiple bids simultaneously, and - reporting insights that provide visibility into win rates, contract award values and business line performance.

**Average Rating:** 5.0/5.0

**Total Reviews:** 1

#### How Do G2 Users Rate Bidhive?

- **Ease of Use:** 8.3/10 (Category avg: 9.2/10)

#### Who Is the Company Behind Bidhive?

- **Seller:** [Bidhive](https://www.g2.com/sellers/bidhive)
- **Year Founded:** 2017
- **HQ Location:** Fortitude Valley, AU
- **LinkedIn® Page:** [www.linkedin.com](https://www.g2.com/external_clickthroughs/record?secure%5Bsource_type%5D=product_profile&secure%5Btoken%5D=704d9e27a615985543b540060673d982e305f47acab2c3225d48a6e5fa241f62&secure%5Burl%5D=https%3A%2F%2Fwww.linkedin.com%2Fcompany%2Fbidhive&secure%5Burl_type%5D=linkedin_company_website)  
3 employees on LinkedIn®

#### Who Uses This Product?

- **Company Size:** 100% Small

#### What Are Recent G2 Reviews of Bidhive?

**["Best Management Software"](https://www.g2.com/survey_responses/bidhive-review-7526848)**

**Rating:** 5.0/5.0 stars

_— Adnan S._

[Read full review](https://www.g2.com/survey_responses/bidhive-review-7526848)

### [Bidify](https://www.g2.com/products/bidify/reviews)

Bidify is the first platform to truly automate proposals for RFPs. Bidify generates high-quality proposals by automatically parsing RFPs, extracting requirements, generating an outline, and drafting the proposal. Win more with Bidify!

#### Who Is the Company Behind Bidify?

- **Seller:** [Bidify](https://www.g2.com/sellers/bidify)
- **Year Founded:** 2018
- **HQ Location:** Austin, TX
- **Twitter:** @GoBidify
- **LinkedIn® Page:** [www.linkedin.com](https://www.g2.com/external_clickthroughs/record?secure%5Bsource_type%5D=product_profile&secure%5Btoken%5D=48d4d60c95f88979fb2de1f47c2ba25b9c4928bbd76714e398e8cf6e58befdb6&secure%5Burl%5D=https%3A%2F%2Fwww.linkedin.com%2Fcompany%2Fgobidify&secure%5Burl_type%5D=linkedin_company_website)  
5 employees on LinkedIn®

### [BidWizard](https://www.g2.com/products/bidwizard/reviews)

BidWizard is the powerful next generation AI-driven RFP response solution that integrates seamlessly with your existing knowledge sources to deliver immediate and accurate results. With enterprise-grade security and a strong commitment to European native data privacy, BidWizard provides a safe, trusted environment for your most sensitive data. Its self-learning capabilities continuously enhance performance with each RFP, adapting to your organization’s unique preferences and requirements over time. Designed with a flat learning curve, BidWizard complements - rather than disrupts - your current RFP process, empowering your team to work smarter, not harder, without the need for extensive training or workflow changes.

#### Who Is the Company Behind BidWizard?

- **Seller:** [BidWizard](https://www.g2.com/sellers/bidwizard)
- **Year Founded:** 2024
- **HQ Location:** Prague 12, CZ
- **LinkedIn® Page:** [www.linkedin.com](https://www.g2.com/external_clickthroughs/record?secure%5Bsource_type%5D=product_profile&secure%5Btoken%5D=6280fd9e05b32a4906c0b0b76c420e99b3647099f8ed832deaee9106dc59789a&secure%5Burl%5D=https%3A%2F%2Fwww.linkedin.com%2Fcompany%2Fbidwizard-app&secure%5Burl_type%5D=linkedin_company_website)  
10 employees on LinkedIn®

### [BoB eRFX](https://www.g2.com/products/bob-erfx/reviews)

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.

#### Who Is the Company Behind BoB eRFX?

- **Seller:** [Bob eProcure Solutions](https://www.g2.com/sellers/bob-eprocure-solutions)
- **Year Founded:** 2010
- **HQ Location:** Bangalore, IN
- **Twitter:** @bobeprocure  
23 Twitter followers
- **LinkedIn® Page:** [www.linkedin.com](https://www.g2.com/external_clickthroughs/record?secure%5Bsource_type%5D=product_profile&secure%5Btoken%5D=1cc52f845ce58d1d0cde5be1cb7318139a104a112691136e29f016e8e6a2eb46&secure%5Burl%5D=https%3A%2F%2Fwww.linkedin.com%2Fcompany%2Feffi-go%2F&secure%5Burl_type%5D=linkedin_company_website)  
178 employees on LinkedIn®

### [Breeze RFP Tool](https://www.g2.com/products/breeze-rfp-tool/reviews)

The fastest, easiest, and lowest-cost way for SMBs to process RFPs, RFIs, security questionnaires and other important documents!

#### Who Is the Company Behind Breeze RFP Tool?

- **Seller:** [Breeze](https://www.g2.com/sellers/breeze-3466a103-0234-4721-bd09-f32246e58b40)
- **Year Founded:** 2023
- **HQ Location:** BELLEVUE, US
- **LinkedIn® Page:** [www.linkedin.com](https://www.g2.com/external_clickthroughs/record?secure%5Bsource_type%5D=product_profile&secure%5Btoken%5D=06c799ec84797b5adaebd385f96129642357817edd6265414536ae73d51b9428&secure%5Burl%5D=https%3A%2F%2Fwww.linkedin.com%2Fcompany%2Fbreeze-docs&secure%5Burl_type%5D=linkedin_company_website)  
5 employees on LinkedIn®

### [BusinessBid](https://www.g2.com/products/businessbid/reviews)

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

#### Who Is the Company Behind BusinessBid?

- **Seller:** [BusinessBid](https://www.g2.com/sellers/businessbid)
- **Year Founded:** 2014
- **HQ Location:** Dubai, AE
- **LinkedIn® Page:** [www.linkedin.com](https://www.g2.com/external_clickthroughs/record?secure%5Bsource_type%5D=product_profile&secure%5Btoken%5D=e4b66714aefc54cd80e8444ddeb0275ade27c780d0503f28445e95b27269e7b7&secure%5Burl%5D=https%3A%2F%2Fwww.linkedin.com%2Fcompany%2Fbusinessbid&secure%5Burl_type%5D=linkedin_company_website)  
14 employees on LinkedIn®

### [Cimmra eProcurement Suite](https://www.g2.com/products/cimmra-eprocurement-suite/reviews)

The Cimmra eProcurement Suite provides complete Procure-to-Pay workflow well-aided by meaningful and relevant reports and instant look-ups and references for all concerned stake-holders. It is packed with great features like Strategic Sourcing, On-line RFQs, Reverse and Forward Auctions, Quote-Comparison with Landed Cost Consideration and Parametric Comparison, Award Scenarios, Supplier Self-Service, CHA Inclusion, Order Fulfilments and Delivery Status Updates, Multi-way Matching for Payments, Supplier On-Boarding and Management, Supplier Health Monitoring, etc. on a common Secure Platform.

#### Who Is the Company Behind Cimmra eProcurement Suite?

- **Seller:** [Cimmra Global Services Pvt Ltd](https://www.g2.com/sellers/cimmra-global-services-pvt-ltd)
- **Year Founded:** 2012
- **HQ Location:** Mumbai , IN
- **LinkedIn® Page:** [www.linkedin.com](https://www.g2.com/external_clickthroughs/record?secure%5Bsource_type%5D=product_profile&secure%5Btoken%5D=75fc46a5b829bb344b94a7d428e34a95e9dc3d511121b3f6ab07aba28458b7f7&secure%5Burl%5D=https%3A%2F%2Fwww.linkedin.com%2Fcompany%2Fcimmra&secure%5Burl_type%5D=linkedin_company_website)  
28 employees on LinkedIn®

### [ClearOPS](https://www.g2.com/products/clearops/reviews)

Designed for sales teams who get stuck by compliance, ClearOPS uses generative AI to respond to RFPs, RFIs, security & AI questionnaires and privacy assessments. Simply and easily create a knowledge base (or use our customer support to create it for you) that is used as your source of truth for answers to questions about your products, features and compliance. Worried about downstream vendors and their compliance? ClearOPS makes that easy too. Not only can ClearOPS help you respond to your own customer's questions but can turn it around on your own vendors so that their responses become a part of your source of truth. Try ClearOPS and you will find it quickly becomes invaluable. Please visit our website at www.clearops.io. for full product features.

**Average Rating:** 5.0/5.0

**Total Reviews:** 1

#### How Do G2 Users Rate ClearOPS?

- **Ease of Use:** 8.3/10 (Category avg: 9.2/10)

#### Who Is the Company Behind ClearOPS?

- **Seller:** [ClearOPS](https://www.g2.com/sellers/clearops)
- **Year Founded:** 2017
- **HQ Location:** New York, US
- **LinkedIn® Page:** [www.linkedin.com](https://www.g2.com/external_clickthroughs/record?secure%5Bsource_type%5D=product_profile&secure%5Btoken%5D=a48c444e452460422fe2fcb90b47531ae6f4b606bd9466f00beab49a7b4fb30f&secure%5Burl%5D=http%3A%2F%2Fwww.linkedin.com%2Fcompany%2Fclearops-inc&secure%5Burl_type%5D=linkedin_company_website)  
2 employees on LinkedIn®

#### Who Uses This Product?

- **Company Size:** 100% Small

#### What Are Recent G2 Reviews of ClearOPS?

**["ClearOps makes those dreaded security questionnaires infinitely easier."](https://www.g2.com/survey_responses/clearops-review-5368402)**

**Rating:** 5.0/5.0 stars

_— Verified User in Human Resources_

[Read full review](https://www.g2.com/survey_responses/clearops-review-5368402)

#### What Are G2 Users Discussing About ClearOPS?

- [What is ClearOPS SPR used for?](https://www.g2.com/discussions/what-is-clearops-spr-used-for) - 1 upvote

### [CormSquare](https://www.g2.com/products/cormsquare/reviews)

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.

**Average Rating:** 4.8/5.0

**Total Reviews:** 2

#### How Do G2 Users Rate CormSquare?

- **Ease of Use:** 8.3/10 (Category avg: 9.2/10)

#### Who Is the Company Behind CormSquare?

- **Seller:** [CormSquare](https://www.g2.com/sellers/cormsquare)
- **Year Founded:** 2015
- **HQ Location:** Bangalore, IN
- **Twitter:** @CormSquare  
115 Twitter followers
- **LinkedIn® Page:** [in.linkedin.com](https://www.g2.com/external_clickthroughs/record?secure%5Bsource_type%5D=product_profile&secure%5Btoken%5D=7de78a688c5785146975f73db1020ebda28a509d29a5567f12b94462313d0adb&secure%5Burl%5D=https%3A%2F%2Fin.linkedin.com%2Fcompany%2Fcormsquare&secure%5Burl_type%5D=linkedin_company_website)  
38 employees on LinkedIn®

#### Who Uses This Product?

- **Company Size:** 100% Medium

#### What Are Recent G2 Reviews of CormSquare?

**["A simple software"](https://www.g2.com/survey_responses/cormsquare-review-3021148)**

**Rating:** 5.0/5.0 stars

_— Verified User in Hospitality_

[Read full review](https://www.g2.com/survey_responses/cormsquare-review-3021148)

**["Automate your procurement process with CormSquare. "](https://www.g2.com/survey_responses/cormsquare-review-3035874)**

**Rating:** 4.5/5.0 stars

_— Mercy K._

[Read full review](https://www.g2.com/survey_responses/cormsquare-review-3035874)

#### What Are G2 Users Discussing About CormSquare?

- [What is CormSquare used for?](https://www.g2.com/discussions/what-is-cormsquare-used-for)

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- [Procurement Spend Analysis](/categories/procurement-spend-analysis)
- [Procure to Pay](/categories/procure-to-pay)
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- [Strategic Sourcing](/categories/strategic-sourcing)
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 ![Nathan Calabrese](/assets/transparent-ad5be28fbcd25b7b08d2cebe1d957125437fb5407d75ee717965ad22c8808791.gif "Nathan Calabrese")
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Researched and written by [Nathan Calabrese](https://research.g2.com/insights/author/nathan-calabrese)

Updated October 3, 2024

Request for proposal (RFP) software, sometimes referred to as request for quotation (RFQ) software, helps companies create and manage RFP documents, as well as the processes used for vendors to respond to proposals or questionnaires outlining their products or services, pricing, and other relevant information. Companies use RFP software to streamline the creation of RFP documents, track submissions, and analyze the efficiency of their RFP activities. This type of software is used by buyers or procurement professionals to invite bidders to participate in RFPs and compare them to determine the best proposal. In addition, vendors, as well as sales and marketing teams, use this type of strategic response management software to submit RFP responses, track the results of their submissions, collaborate with other stakeholders, and maintain a content library.

RFP software usually includes features for proposal management and integrates with other products such as [purchasing software](https://www.g2.com/categories/purchasing), [strategic sourcing software](https://www.g2.com/categories/strategic-sourcing), and [proposal software](https://www.g2.com/categories/proposal).

To qualify for inclusion in the Request for Proposal (RFP) category, a product must:

- Provide standard templates to create RFP documents
- Generate quotes and proposals based on RFP documents
- Provide a repository of documents and templates which can be used to quickly generate request for proposals
- Integrate with solutions like CRM and CPQ to pull product and customer data
- Offer functionality to quickly and efficiently create, share, and send request for proposals, allow edits and feedback during the proposal process, and track changes made
- Include analytics to evaluate the efficiency of the proposal process
- Compare RFP responses based on custom selection criteria
- Maintain a history and audit trail of submissions, responses, and supplier details, which can be used to create new RFP documents

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