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RFXchange

Streamline Your RFI, RFQ, and RFP Management 

Say goodbye to cumbersome Excel templates and endless email threads! With RFXchange, you can manage your entire request process in one easy-to-use platform. Invite participants automatically, collect responses digitally, and compare them with ease.

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Key Features of RFXchange

Create templates

Create templates for RFIs, RFQs, or RFPs and reuse questions to streamline future requests.

Rank questions

Rank questions based on your evaluation criteria for better prioritization.

Answer questions directly within the app

Bidders can answer questions directly within the app and forward them to their colleagues for collaboration.

Track the status

Track the status of all participating companies in real time.

Compare responses visually

Compare responses visually using customizable graphs and detailed side-by-side comparisons, making it easy to analyze data and make informed decisions quickly.

Automatically export reports

Automatically export PDF and PowerPoint reports that document the transparency of the process, giving stakeholders clear and comprehensive insights into the decision-making.

How RFXchange Works

  1. Create requests by entering questions directly or reusing templates, then invite participants via email with a few clicks.

  2. Bidders can submit responses and ask clarifying questions within the app.

  3. Answer the bidders’ questions and decide if the answers should be shared with all participants.

  4. Once responses are in, view them in a side-by-side comparison.

  5. Rank companies based on your criteria to select the best fit.

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Learn how RFXchange can improve your procurement process

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FAQ

What is RFXchange?

RFXchange is a procurement automation platform designed to simplify RFI management, streamline RFQ processes, and enhance RFP workflows. It helps companies manage their entire request process online, from sending invitations to participants to comparing responses and making data-driven decisions.

How does RFXchange help with digital procurement?

RFXchange is a comprehensive digital procurement platform. It allows you to manage RFIs and RFQs online, simplifying respondent collaboration and giving you full visibility into the entire procurement process.

Can RFXchange improve procurement request management?

Yes! With RFXchange, you can automate procurement request management, reuse templates for future requests, and track the status of all your participants in real-time. This helps you save time and ensure a more transparent procurement process.

What makes RFXchange different from other RFP software?

RFXchange offers real-time comparisons of vendor responses, visualized through customizable graphs and side-by-side comparisons. Its ability to automatically export PDF and PowerPoint reports makes it easier for stakeholders to understand the transparency of the procurement process.

How can RFXchange simplify supplier collaboration?

Suppliers can submit responses and ask clarifying questions directly within the platform, allowing for seamless communication and collaboration. You can decide whether to share your answers with all participants, ensuring clarity and transparency in the process.

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