
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, strategic sourcing software, and proposal software.
To qualify for inclusion in the Request for Proposal (RFP) category, a product must:
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Suplo specializes in building software for automation and procurement management systems for organizations.
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ProcureSpark's Intelligent Sales Response Platform supports sales teams when responding to RFP, RFI, questionnaires, due diligence requests, and more. Our generative AI platform helps teams win more business by responding to more proposals with higher quality and lower effort every time. We achieve this by combining state-of-the-art large language models, knowledge management, and team collaboration, with an emphasis on user-friendly design. Leading teams use ProcureSpark to streamline their response workflow and automate tedious tasks, while driving improved efficiency, accuracy, and quality. ProcureSpark Advantages: 1) Lightning-fast Auto-respond 2) Easy Content Management 3) Intelligent Spark AI Assistant 4) Unlock Institutional Knowledge 5) Powerful Spark Insights 6) Self-Learning AI 7) Effortless Collaboration 8) Secure Data Protection
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Quilt's Questionnaire Assistant is an AI-powered tool designed to streamline the process of completing RFPs, RFIs, DDQs, and other complex questionnaires. By integrating seamlessly with various data sources, it enables users to generate accurate responses rapidly, significantly reducing the time and effort traditionally required.
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Most companies think managing spend is about cutting costs. At Raindrop, we believe it’s about something bigger: managing commitments—to your suppliers, your partners, your people, and ultimately, your customers. Raindrop is an AI-Native Source-to-Pay platform built from the ground up to work the way modern organizations do. Unlike legacy procurement systems that are rigid, slow, and hard to use, Raindrop is intuitive, modular, and fast to deploy. Whether you need to manage intake requests, sourcing, contract lifecycle management, e-procurement, AP automation, payments, or spend analytics, Raindrop brings it all together in a single, intelligent platform. What makes us different? -AI where it matters: Raindrop embeds AI in practical, high-impact ways—like generative contract creation, executive-ready summaries, guided sourcing, fraud detection, and proactive alerts. Our always-on AI agent, Rain, turns natural language questions into actions—so users don’t have to click through endless menus to get things done. -Designed for adoption: With a modern “Digital Front Door” experience, Raindrop makes it easy for employees, suppliers, and stakeholders to engage. No clunky portals, no endless forms—just a seamless way to request, approve, buy, or pay. -Modular and connected: Each Raindrop module delivers immediate value on its own, yet integrates seamlessly across the suite. Deep connections with ERP, CRM, and collaboration tools mean you don’t have to rip and replace to modernize. -Commitment-first visibility: Raindrop doesn’t just show you what you’ve spent—it shows you what you’ve promised. Leaders gain full transparency into obligations, renewals, risks, and performance, so decisions are proactive, not reactive. -Our customers—ranging from high-growth innovators to global enterprises—choose Raindrop because it delivers results fast. Deployments take weeks, not years. Teams see time-to-value from day one with streamlined processes, reduced risk, and actionable insights. Procurement and finance are changing rapidly, and organizations need tools built for this new era. Raindrop isn’t just keeping up—it’s defining the future of spend management.
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Raptech's Purchase to Pay streamlines the entire procurement cycle-from purchase requests and approvals to goods receipt and invoice processing-ensuring control, compliance, and real-time visibility across purchasing and accounts payable.
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Requis connects buyers and sellers, enabling enterprises to procure, manage, and dispose of assets with greater visibility, simplicity and capital efficiency.
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RFP360.ai isn’t just another proposal tool — it’s a complete RFP ecosystem designed for both sides of the process. Whether you’re a buyer running sourcing events or a supplier responding to competitive bids, our platform combines powerful automation, advanced analytics, and enterprise-grade security to help you achieve one goal: win with intelligence.
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Responding to RFPs is the most crucial part of the sales process. it helps you create the first impression with your prospects about your products. However the outcome of the impression is entirely up on you. Providing detailed responses to each of the questions shows your sincerity in responding to customer queries, while short, static and un interested responses often create a not-so-good impression. Automating RFP responses helps your organization to standardize and improve the responses to your prospects and keep up the interest of the responders high and saves huge amount of time, which could be utilized for other product and sales related activities
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RFP Response Builder is a Microsoft Office-integrated solution that dramatically reduces the time and effort required to respond to RFPs and generate proposals and statements of work. It quickly produces polished, mistake-free response documents that help you win more business in less time. Ready to use in under an hour! Not only is RFP Response Builder easy to use, it’s easy to set up and maintain. In fact, you can start using it within an hour of downloading it. And you can say goodbye to onerous maintenance and outdated content. We make it easy to maintain accurate, fresh content. Keep Every Response on Track. Build projects, assign tasks, leave comments, and set deadlines, so your team knows what needs to be done. Assign the Right Roles. Enable people to do what they do best by assigning roles that allow them to use, update, edit, or delete content in your content library. Day One Productivity. Start adding content with your very next RFP, then perfect your library and categorize your content as you go. Day One Return on Investment. If you spend at least 5 hours a month finding content, cutting/pasting and reformatting your RFP responses, then RFP Response Builder is a no-brainer!
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RFXpress is the ultimate RFP management tool that empowers businesses to streamline and automate their tender and proposal responses. Say goodbye to manual RFP, RFQ, and RFI responses and switch to RFXpress for a smoother, more efficient experience. With RFXpress, businesses can save time, reduce costs, and make better Go-No-Go bid decisions. Our powerful analytics and reporting features enable you to track your RFP activities and performance, making it the ultimate Response Management solution for businesses of all sizes.
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AI powered platform that streamlines the entire Source to Vendor Onboarding process, from creating requests to evaluating bids and awarding contracts—all within a single, intuitive solution.
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SalesEdge offers a SAAS application that helps streamline the RFP and proposal response process. As the trusted experts, SalesEdge helps proposal, sales and marketing teams successfully automate and streamline RFP Responses, Sales Proposals, Due Diligence and Security Questionnaires leveraging Qvidian Software. The solution is designed with a single content library where all assets are stored in approved language and branding. Clients leverage AI to automatically fill in the most relevant answers to quickly respond to RFP, DDQ, and other questionnaires. Build automated documents, streamline content approvals and build audit trails with automated, multi-step reviewer workflows. Track and measure KPIs, with custom analytics dashboards. Clients on average report a 40% increase in productivity, 30% reduction in RFP response times, and 28% increase in win rates.
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Software platform using generative AI to help find, analyze, and respond to RFPs.
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Settle is an AI-powered proposal management platform that helps organizations streamline how they respond to RFPs, RFIs, and RFQs. By combining intelligent search with advanced language models, Settle enables teams to quickly locate relevant information, generate accurate responses, and manage proposals collaboratively. Its centralized library allows users to store and reuse approved content, while Smart Answer uses context from past projects to suggest tailored responses. Teams can upload documents, extract questions automatically, and export completed proposals in multiple formats including Word, Excel, and PDF. With several integrations, including Slack and HubSpot, it's designed for real-world collaboration. Settle reduces manual work, improves consistency, and accelerates the entire RFX process - from discovery to delivery.
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Shred.ai is a proposal management tool that helps AEC firms work with RFPs more efficiently. It allows teams to upload past proposals into a searchable library, use AI to extract requirements from new RFPs, and connect relevant project data, resumes, and assets from OpenAsset.
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