Side-by-side RFQ comparisons, with a single source of truth
Move RFQs out of email and into a trackable dashboard so procurement teams can compare bids side-by-side, keep supplier communication in one place, and award faster. Faster, clearer sourcing decisions reduce delays that contribute to production downtime.
Bring every quote into one trackable dashboard
RFQ Collaboration helps you manage multiple quotes across multiple suppliers with an easy-to-read dashboard, so you’re not hunting through inboxes, spreadsheets, or notes to piece together the latest bid.
- Manage quotes across multiple suppliers
- Track deadlines and submission status
- Avoid email and spreadsheet consolidation
Compare bids side-by-side, then choose what to award
Review supplier submissions in a detailed comparison view so you can evaluate pricing and responses without consolidating spreadsheets.
- Evaluate item-level bids
- Select individual bids or award an entire bid
- Make award decisions directly from the RFQ view
Keep supplier communication under one umbrella
Centralize RFQ communication and updates so buyers and suppliers operate from a single source of truth.
- View RFQ activity in an easy-to-read dashboard
- Allow suppliers to update quotes before the due date
- Maintain a trackable record of participation and outcomes
The AI behind better sourcing decisions
RFQs are often slowed by supplier outreach, quote collection, follow-up, and bid evaluation. SourceDay’s RFQ Agent automates these activities while providing a structured sourcing workflow, helping teams move from request to award faster and with greater confidence.
RFQ Agent
Automates supplier outreach, RFQ distribution, response collection, and bid consolidation so sourcing events progress without manual coordination.
Supplier Self-Service Quote Updates
Allows suppliers to submit and update quotes directly within SourceDay, ensuring buyers always have access to the latest pricing and availability information.
Centralized Submission Tracking
Provides a single view of supplier participation, quote status, and submitted bids, making it easy to compare responses and track sourcing progress.
Guided Award Workflow
Supports consistent sourcing decisions by enabling buyers to evaluate bids, select suppliers, and document award outcomes within a structured workflow.
Performance-Aware Sourcing
Combines supplier pricing with historical performance insights, helping buyers evaluate sourcing options using both cost and supplier reliability data.
Proven operational control at scale
120K
Global network of 120K suppliers
100s
Integrated across hundreds of ERP environments
Certified
The only PO management solution certified by Epicor, Infor, Netsuite, and Acumatica
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Sourcing decisions that don’t depend on spreadsheets
Centralize quotes, compare bids side-by-side, and award confidently, without manual consolidation or inbox archaeology.
Titan Brands
eCommerce retailer achieved a 98% supplier engagement rate and 95% response rate by streamlining PO communication
SPM Oil & Gas
Learn how SPM Oil & Gas used SourceDay to cut pending invoices by $4M, increase supplier participation to 90–95%, and keep PO data accurate with real-time Infor SyteLine integration.
Viking Yachts
Learn how this premier luxury yacht builder enhanced supplier engagement and PO visibility with SourceDay – increasing the supplier acknowledgment rate to 96% and response rate to 88%.
Frequently asked questions
Yes. RFQ Collaboration supports side-by-side quote comparisons in a detailed comparison view.
Yes. Buyers can award from the bid view, and suppliers are notified of the outcome.
Yes. Suppliers can update quotes before the RFQ due date.
Procurement leaders increasingly look beyond price alone (considering delivery performance, responsiveness, and historical reliability when evaluating sourcing decisions and inventory planning). RFQ Collaboration centralizes quote data and participation visibility, creating a structured foundation for more informed decision-making.