oboloo

oboloo Glossary

RFx

oboloo Glossary

RFx

RFx

RFx stands for Request for Proposal, Request for Quotation, or Request for Information. It is a tool that allows organizations to streamline the procurement process by requesting bids from multiple vendors at once. This allows organizations to compare prices and terms from different vendors and choose the best option for their needs.

RFx is a digital platform that makes it easy to send out and track requests for proposals, quotations, or information. It’s simple to use – you can create an RFx in minutes, and start receiving responses from vendors right away.

Plus, RFx helps you stay organized throughout the procurement process. You can keep all your vendor communications in one place, and easily track which vendor is offering what. This makes it easy to compare apples to apples when making your final decision.

If you’re looking for a way to simplify and speed up your procurement process, RFx is the answer.

Want to find out more about procurement?

Access more blogs, articles and FAQ's relating to procurement

Oboloo transparent

The smarter way to have full visibility & control of your suppliers

Contact

Feel free to contact us here. Our support team will get back to you as soon as possible

Oboloo transparent

The smarter way to have full visibility & control of your suppliers

Contact

Feel free to contact us here. Our support team will get back to you as soon as possible

© 2024 oboloo Limited. All rights reserved. Republication or redistribution of oboloo content, including by framing or similar means, is prohibited without the prior written consent of oboloo Limited. oboloo, Be Supplier Smart and the oboloo logo are registered trademarks of oboloo Limited and its affiliated companies. Trademark numbers: UK00003466421 & UK00003575938 Company Number 12420854. ICO Reference Number: ZA764971