MtendersTM RFx Module encompasses the entire formal request process and can include any of the following:
- Request for bid (RFB)
- Request for information (RFI)
- Request for proposal (RFP)
- Request for quotation (RFQ)
The RFx process is conducted business-to-business (B2B) during the negotiation process and helps to manage expectations prior to purchase or procurement. Each request requires standardized documentation and is submitted directly to the company.
Benefits of MtendersTM eRFX Module
- Frees-up time by 70% time for the client’s sourcing team;
- Increases spend through sourcing;
- Provides category-specific sourcing support;
- Performs pricing simulations-and cost model-led intensive negotiations;
- Increases technology adoption;
- Improves savings and compliance;
- Provide quick access to market intelligence.