A request for information, or RFI for short, is often the first step in your procurement process, so it’s crucial to get the format right, as the clarity of your request determines the quality of your vendor responses. We explain the process and elements required, and share 9 helpful RFI response examples you can draw from to create a winning information template of your own.
Coupa vs. Ariba vs DeepStream : Which Cloud-Based Strategic Sourcing Procurement Platform to Choose?
To help you make the right choice when deciding on the best contract lifecycle management software for your business, we’re assessing Coupa vs. Ariba, . You’ll see what makes them both a top choice for companies across industries for managing their eSourcing, procurement and other contract management needs. By understanding their similarities and differences, you’re better positioned to decide which is a better fit for your organization.
Procurement processes can be stressful, expensive, tiring and convoluted. Plus, using the wrong online tools often aggravates the experience. If your past encounters have left you scarred, it’s time to introduce or upgrade to superior sourcing software.
Completing and submitting a Request for Proposal is a highly competitive, lengthy, and sometimes stressful business. But how many times have your RFPs actually resulted in a win?
The future of successful RFPs lies in using RFP technology. Software automation helps you streamline the process, so you can write more effective Request for Proposal documents and make strategic sourcing decisions quicker. In this guide, we’ll share 11 vital tips for writing an effective RFP and consider the benefits of automating the full process using software.
