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Creating a Request for Quotes (RFQ) needs to be easy. If coming up with a list of potential suppliers or gathering all the required information takes too long, users might not do it, and then your company is losing out on the opportunity for savings provided  by competitive bidding. Coupa makes creating a RFQ as simple as creating a requisition. In fact, any requisition can be converted into a RFQ with one click.

Entering RFQs is easy with Coupa, all of the information you will need to send out is kept in one place including attachments and questionnaires.

Organizing responses to make sure you are getting the best deal is automatic with Coupa RFQ capabilities.

Fact:  Electronic RFQs Get More Responses

When creating a RFQ, users can attach any associated documents and they will be sent in the email along with the rest of the RFQ. Coupa generates requests that are simple for suppliers to review. The simpler the request is to evaluate, the more quotes you are likely to receive.

Built-in RFQ Management

Entering responses to your RFQ is quick. Coupa helps you to review of your quotes side by side and when you’ve awarded the winning bid, automatically creates a requisition from the information in the RFQ.

Tweet Your RFQs

Once you have your RFQ ready to go you can post it to your Twitter stream and to Coupa’s RFQ stream, broadcasting it to potential suppliers across the world.

Announce your RFQ to suppliers and vendors following the Coupa RFQ Twitter stream (or post to your own).

Key Features