The procurement process is a critical part of strategic planning for every organization. RFx is a part of this process. So, what is RFx, and why does it hold so much power? RFx means “Request for Anything” and “X” stands for anything. It is an umbrella for RFP (Request for Proposal), RFQ (Request for Quote), […]
Procurement Management
When you have a small team, choosing the tools you want to use daily is as straightforward as knowing what you want and then buying it. But when companies begin to grow, this process may no longer work. Companies need more complicated tools and want to take on as little risk as possible when they […]
The procurement process helps organizations find the right supplies and vendors. The challenge is that most procurement processes are messy and unorganized. That is why having the right procurement management software can simplify this process. One of the best procurement management software tools is the SharePoint-powered Bid Management Add-In. The software digitizes pre-bid and post-bid […]