FlexRFP - Top Competitors (Jun 2022)
Compare PricingITQlick Score: | 83/100 |
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ITQlick Rating: |
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Pricing: | 4.8/10 - average cost |
Category: | Supply Chain -> FlexRFP review -> FlexRFP competitors |
Ranking: | Ranked 25 out of 226 Supply Chain systems |
Company: | EC Sourcing Group, Inc. |
Pricing: | starts at $3,000 per month |
Typical customers: | Small, medium and large size businesses |
Platforms: | Desktop, Mobile, Cloud |
Links: | FlexRFP review, FlexRFP pricing guide |
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FlexRFP vs. Alternatives in 2024
The key competitors for FlexRFP include Market Dojo and GEP Smart.Market Dojo provides an e-sourcing solution to help companies in managing and optimizing their procurement selection process. Its features include portals to create online Request for Quotations (RFQs) with detailed questionnaires for suppliers. All responses are put through first a qualification process and then included in an online auction for secure bidding. Additionally auctions can take into account various assigned factors including price to indicate the best supplier. There is also a document management system with templates with secure messaging between buyers and suppliers as well.
FlexRFP on the other hand provides a collaboration platform to connect suppliers and buyers for bid review & supplier selection. While it supports the main features that Market Dojo addresses, it also allows suppliers to pre-quality for specific bids or register their interest to become a qualified supplier for future requirements.
In comparison GEP Smart incorporates analytic tools to evaluate suppliers against both organizational and industry bench marks to determine their qualification to bid. Additionally RFQs can be jointly created using a collaboration platform with support for workflow approvals, and auctions based on real- time bidding and review. Another point is that all bids are required to respond in standard formats to enable a quicker comparison and selection process.
While FlexRFP does not support these features currently, it does provide an option for soft auctions that allows bidding without selection to trial supplier responses. Additionally the product complies with regulations for transparency and secrecy with auctions subject to audits to reduce the scope for fraudulent decisions.
FlexRFP alternatives - for small & large Business
Here are the top 4 alternatives to FlexRFP that are worth checking out: NetSuite Order Management System for SMBs, RedTail EDI for large size business, Rubberstamp for growing companies, and Orderhive for low budget organizations.
Auditor - Shlomi Lavi
Shlomi Lavi is an entrepreneur and founder of ITQlick.com. He holds a Bachelor of Science (B.Sc.) in Information Systems Engineering from Ben Gurion University in Israel. Shlomi brings 17 years of global IT and IS management experience as a consultant and implementation expert for small, medium and large-sized (global) companies. Shlomi’s goal is to share the best knowledge and news about information systems so you can make smarter buying decisions for your business.