Bellwether EPMX Purchasing Software: Quotations – RFQ Bellwether Purchasing Software e-procurement Request for Quotations Software module helps you determine the best price and terms for an order. You can either run the Request for Quotations software ( Sourcing Software ) as a stand-alone unit or use it with Bellwether Purchasing Software other modules as part of a fully integrated procurement system. This module comes with complete vendor and material file management capabilities and provides your company with a powerful web-based e-procurement solution. Key benefits of Bellwether Purchasing Softwaree-Procurement request for quotation software: Create a Request for Quotation (RFQ) from an existing requisition using Bellwether Purchasing Software sourcing software, or simply enter your bid items and selected vendors. Print, fax, or e-mail completed RFQs to selected vendors. Enter the vendors’ quotes into the system as they are received, along with any discounts, terms shipping charges, and lead days. Bellwether Purchasing Software sourcing software automatically converts the original RFQ and the successful vendor’s bid information into a Purchase Order. All Purchase Order information can be reviewed and modified before launching the actual order. Like requisitions, RFQs are easily modified until they are converted to Purchase Orders. Amended RFQs can also be transmitted directly to vendors. A variety of bid analysis reports and inquiries simplify the selection process. You can review bids online or on the printed Bid Analysis Report. Bellwether Purchasing Software e-procurement software displays bid information for each line item, grouped by RFQ, commodity, item, vendor, buyer or date range. Bellwether Purchasing Software e-procurement software RFQ status inquiry gives you up-to-the-second tracking of bids, including: Vendor’s bid information The successful vendor receiving the bid and the final purchase order. Detailed status report information on all RFQs entered into the system and the Purchase Order to which they were converted. Data on open or closed RFQs organized by RFQ, vendor, item, commodity, buyer, and date required.