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Request for Proposal Management Solution

Aavenir's easy-to-use Request for Proposal Management (RFP) solution streamlines the sourcing cycle and accelerates supplier qualification for strategic supplier engagements.

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Why Streamlining Sourcing is Critical to Success?

The pressure to speed forces 63% of CPOs to skip reviewing market intelligence or introduce bad trade-offs, such as lower supplier quality, higher costs or contract proliferation. Aavenir RFPflow allows you to request direct and indirect procurements offers from various suppliers and select the supplier that best meets your criteria, both in regards to skills and budget. With the help of Aavenir RFPflow, your procurement team can easily create a need-based RFP questionnaire, request milestone-based supplier response, perform comparative supplier evaluation, and award a bid to the most qualified suppliers.

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Accelerate
RFP Authoring

Quickly prepare RFP as per your enterprise-specific sourcing requirements by leveraging editable RFP/RFQ/RFI templates and standard question banks.

Execute
Collaborative Sourcing

Bring business team, procurement team and suppliers on a single platform to reduce the rework of updating RFP to meet midbuy requirement changes.

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Discover
Best-Value Suppliers

Spend less effort on dealing with discreate supplier responses, and make well-informed decisions using a single view of side-by-side supplier comparison.

The Integrated Source-to-Contract Solution

Built on an innovative ServiceNow platform, Aavenir RFPflow offers tight integration with full Aavenir Source-to-Pay (S2P) suite to standardize Source-to-Contract and Procure-to-Pay processes across teams and business units. Using Aavenir RFPflow together with the Aavenir Source-to-Pay suite eliminates the sourcing gaps caused by stand-alone procurement and sourcing applications such as lack of visibility, redundant data entries, and data inconsistencies.

Build Reusable RFP Questionnaire

Create RFI/ RFP/RFQ questions or sections, assign weightage, and save them in a centralized knowledge base. Initiate a new RFP using the easily accessible RFP templates and drag-and-drop questions or sections allowing easy and effortless RFX Increation.

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Define Milestone-based RFP Workflow

Define RFP-to-award lifecycle stages and timeline. Assign suppliers and management team on a unified workflow to receive milestone-based task alerts and notifications for deadlines.

Integrate with Enterprise Applications

Aavenir RFPflow is easy to integrate with all ServiceNow apps using integration hub. It also offers integrations with Aavenir Contractflow or other ERP systems on request. It comes with out-of-box Microsoft Word integration to allow suppliers to fill in RFP responses and easily import back on the system.

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Implement Strategic Sourcing with Greater Accuracy

RFPflow is easy to implement and simple to use on your ServiceNow instance, which translates to better vendor selection and evaluation. With the help of Aavenir RFPfllow, you can spend less time dealing with discrete data and gain the benefits of collaborative sourcing.

40% faster RFX-to-award cycle time

Increase sourcing speed, unleash productivity, and fuel innovation across your teams and geographies.

Faster time-to-value

Start creating your RFP from the first day of a single-click Aavenir RFPflow installation to maximize your ROI.

68% increase in RFP compliance

Ensure RFP compliance by using pre-built templates, standard questions, automated workflow and approval routing to reduce business risk.

Reduce Sourcing Cost

RFPflow helps you easily identify opportunities that drive cost savings and optimization across all sourcing events

Learn How Aavenir RFPflow Can Help!

Request for Proposal Management solution empowers procurement and supplier development teams with everything they need to accelerate procurements without introducing bad trade-offs. Explore how to manage strategic supplier relationships on ServiceNow by installing all Source-to-Pay components easily available from ServiceNow App Store.

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Aavenir RFPflow for ServiceNow

Aavenir RFPflow application is available to install with a single-click from ServiceNow App Store.

Aavenir's Source-to-Pay solutions are purpose-built on ServiceNow, the world’s most innovative single enterprise platform delivering the  IT,  employee, and  customer workflows that matter—with enterprise solutions to help drive every part of your digital transformation. More than 6,200 enterprise customers worldwide use ServiceNow to drive digital transformation.

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Related Resources

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