RFQ

Is Your Procurement Tool Creating More Work for IT? Here is How to Fix It.

By Hemlata Maheshwari / October 7, 2025

Procurement may not sit under IT on the org chart, but when procurement is messy, IT ends up fixing it....

Is Your Procurement Tool Creating More Work for IT? Here is How to Fix It.

Types of Auctions Explained: From English to Sealed Bid

By Hemlata Maheshwari / October 7, 2025

Procurement affects every organization's budget. Traditional purchasing works fine in some situations. But auctions? They give you a smarter, faster...

Types of Auctions Explained: From English to Sealed Bid

What Is Tender? Meaning, Process & Types Explained

By Hemlata Maheshwari / October 7, 2025

This guide gives you a clear look at tendering from a buyer's view. It explains the tender meaning in business,...

What Is Tender? Meaning, Process & Types Explained

Mastering the RFx Process: A Comprehensive Guide to Strategic Sourcing

By Hemlata Maheshwari / September 22, 2025

Procurement can feel complex. Teams want speed, clear steps, and strong choices. You look for the right vendors, fair terms,...

Mastering the RFx Process: A Comprehensive Guide to Strategic Sourcing

What is RFI? A Comprehensive Guide to Requests for Information

By Hemlata Maheshwari / September 22, 2025

Buying well matters. In procurement, you want fit, value, and less risk, and you want it without guesswork. You might...

What is RFI? A Comprehensive Guide to Requests for Information

Bid Management

The #1 Request for Quotation Software & 9 Alternatives

Posted on February 28, 2025March 7, 2025by Hemlata Maheshwari by Hemlata Maheshwari in Bid Management

Struggling to manage your RFQ process efficiently? Manual methods lead to errors, delays, and missed opportunities. These inefficiencies can result in increased costs, strained vendor relationships, and a negative impact on your bottom line. Studies show that companies using automated request for quotation software experience a 20% reduction in procurement cycle time and a 10% […]

Bid Management

What is RFQ And How A Bids Managing Software Uses It?

Posted on December 30, 2022March 7, 2025by Hemlata Maheshwari by Hemlata Maheshwari in Bid Management

Companies rely on different vendors for procuring services or products that will benefit them. As a part of the procurement process and due to a lot of vendors to choose from, businesses look for the best that suits their business requirements. Once finalized, it is crucial to formulate a quotation using a request for quotation […]