Bid Management
There’s now a better way to set up RFQs and efficiently compare bids, without all the manual work this has historically involved. And it runs on the same platform you trust to manage vendor onboarding, compliance, and invoices.
One Place to Set Up, Send, and Store RFQs
Here's how it works:
- Specify your bid requirements using a template, or create and upload a custom RFQ template for vendors to complete.
- Send your RFQs to your existing vendors, or new vendors found on the Workrise Network.
- Invite your team so that everyone has visibility of your bids, and can refer back to them any time.
This eliminates back and forth on bid status, and creates a record of historical bids that can easily be referenced going forward.
A Broader Pool of Vendors to Explore
Invite vendors from your existing list, or tap the Workrise Vendor Network to get competitive bids from new vendors you wish to evaluate. We’ll notify you when vendors accept your bid requests, and when they submit their bids.
Compare and Choose with Confidence
You can also message vendors participating in your RFQ through the platform with questions, either individually or all at once.
Onboarding without the Effort
Plus, you’ll capture the original RFQ alongside pricing agreements, invoices, and spend data in one platform, giving you complete visibility into every step of the journey, from sourcing to payments.
Vendor Management, Reimagined
Workrise Vendor Management makes it faster, easier, and safer for energy companies to work with their vendor base, from sourcing to payments.
Supercharge Workrise Vendor Management with integrated bidding.
Competitive bids are a critical part of the Source-to-Pay lifecycle. With pay-as-you-go and unlimited subscriptions, there’s no excuse not to give it a shot.
We look forward to getting to know you, and will be in touch with more soon.