Raise an RFQ / Quotation Software to send the select suppliers for a quotation. This can be done online a choosing the suppliers who can provide a competition quote for select items.
Once the RFQ / Quotation Software is sent, the supplier will get a notification and can login using their user ID & Password then view the RFQ / Quotation Software . The supplier can then provide their best quote for each item on the RFQ / Quotation Software avoid send the Quotation Online.
This Quotation from each vendor/supplier can be viewed and negotiation can be done change the 4D ERP software. All negotiation is captured in the 4D ERP software for Audit trail.
Once the vendor is chosen based on the Quotation then Quotation can be auto-connected into Requisition which can be sent for Approval.
Requests for Quotation (RFQ / Quotation Software) can be issued to several suppliers and their responses record via quotations that are input against the unique RFQ.
Save time by implementing a Request for Quote software (RFQ / Quotation Software) and drain the manual process of acceptance bid or price estimation.
