The official business definition of RFI stands for Request for Information. It is a document used in the procurement process to collect information from vendors and suppliers. It is typically used to gather information about a vendor’s products, services, and pricing. It is also used to assess the capabilities of a vendor to meet the needs of a project. The RFI is used to identify the best vendor for a particular project or service. It is an important tool for businesses to use in order to make sure they are getting the best value for their money. The RFI process is a great way to ensure that businesses are making informed decisions when it comes to selecting vendors and suppliers.