eProcurement

eRFX Software Solution

Manage all your Requests for Information (RFIs), Requests for Quotations (RFQs), Requests for Proposals (RFPs), and tenders.

Get to know more about eRFX Solution

Transform your sourcing process from Excel and Outlook to a single, user-friendly platform. Manage all analysis, scoring, and negotiations in one customizable system when executing RFIs, RFPs, RFQs, and supplier registration and agreements.

Improved Diligence

Our eRFX and reverse auction process forces buyers to spend more time upfront in creating Read More

Enhance Efficiency

The TechnoRishi eRFX system's automated and digitalized eRFX procedure leads to better opeRead More

Transparency

TechnoRishi eRFX software automates business RFx procedures and supplier engagement by cenRead More

Effective tool

TechnoRishi eRFX module allows organizations to establish their own RFx workflow employingRead More

Access and Monitoring

An in-depth examination of all supplier responses or selected vendors. The Our eRFX moduleRead More

Scalability

With TechnoRishi’s eProcurement e-RFX module, you may operate numerous auctions throughoutRead More

Feature List

“Define and track your project progress, communication, documents, teams involved, tasks, and dependencies to manage sourcing projects better, gather key stakeholder requirements, and work together with flexible workflows. With TechnoRishi eRFX (RFP, RFQ, and RFI), you can build a team around each e-sourcing event to optimize the performance and outcome of the event and achieve significant cost savings."

Customize Templates

Our eRFX module is appropriate for all organizations and provides templates that may be customized to match your specific needs. Our eRFX allows you to use customizable templates and scoring methods to make sure that vendors follow the rules.

Easy to use

Create quick and easy simple or strategic sourcing events and ask your suppliers to provide you with information, proposals, or quotes. During the eRFX process, you have the option to change the content, update the questions, or add more vendors.

Real-Time Data

Our eRFX module gives real-time visibility and transparency to all stakeholders involved in the RFx process. You can start real-time events with just one click and collaborate instantly with both internal and external teams.

Request for Information (RFI)

An RFI, the most analytical eRFX type, produces a comprehensive list of potential vendors and is frequently the first step in the sourcing process. RFIs are put out to gather data on suppliers, goods, or services. The first e-RFx procedure is frequently used to prequalify and shortlist vendors.

Request for Proposal (RFP)

A request for proposals (RFP) is a request for information from prospective vendors about a solution. By inviting suppliers to submit bids, the buyer communicates an interest in using the suppliers' goods or services. The RFP contains instructions, recommendations for proposals, and the relevant paperwork.

Request for Quotation (RFQ)

An RFQ is a request for exact specifications that leads to pre-qualified vendors. Based on the requirements of the buyers, suppliers are requested to submit their final quote. After evaluating RFQs and RFPs, buyers make crucial procurement decisions based on quotations from vendors.

Create

TechnoRishi eRFX Module enables you to create personalized templates for buyers to utilize to organize and manage your strategic sourcing process. Organize your purchasing processes by creating unique templates or bulk uploading goods and services to your supplier's website.

Save

Save the template and the data from previous events for easy access. In our eRFX software solution companies can use templates and questions from prior systems are readily available for creating new events.

Recycle/Reuse:

With our eProcurement, eRFX module organizations can recycle or reuse existing and outdated templates and queries to increase productivity and adoption rates.

+91-7349281112

Get in Touch

Request a Demo