What do you like best?
I really like using the tool to manage my RFPs and RFQs. It simplifies the process so that theres a single one-stop location for my suppliers and vendors to access.
What do you dislike?
I wish there was a way to see open/public bids from other companies that use Bonfire to host at any given time...Perhaps a tool for suppliers to search by keywords of bid opportunities.
Also, the contract management database wasn't useful to me as there is a cap (based on subscription) to the number of contracts that can be stored at any given time. My company is a procurement/strategic sourcing consulting firm and as such, I have many active and non-active contracts. The non-active contracts, count toward the storage limit.
Recommendations to others considering the product:
I looked at many different tools. For the money, Bonfire does a lot if you are looking for a simple solution to managing your RFPs and RFQs.
What problems are you solving with the product? What benefits have you realized?
I needed a tool to quickly push out RFPs and RFQ on behalf of my clients. Because I have many events happening at the same time, I am able to manage the actions easily.