Sourcing
Put demand in front of the right suppliers and let competition do the work, without losing the audit trail that makes the award defensible.
Bidders see their own rank, never a rival’s price.
An RFQ goes to the suppliers you invite. They see the requirement; they do not see each other. Draft bids stay private to the supplier that wrote them until submitted, and a bid’s commercial terms are hashed on submission so a silent re-price after the fact is detectable rather than merely discouraged.
A requirement stated once, in named fields, comes back as quotes you can put side by side: unit price, lead time, freight, payment terms, what is excluded. Comparing three proposals that each scoped the work differently is a judgement call dressed up as a spreadsheet, and it is where most of the value in a sourcing exercise is lost.
Suppliers ask questions against the RFQ. Answer privately when the question is about their own approach, or publish it to everyone invited when it changes the brief — so a clarification does not quietly advantage whoever thought to ask.
Take the whole requirement to one supplier, or split it — a line to the cheapest, a line to the one that can actually hit the date. Losing bids are closed out with a reason, and the whole sequence stays attached to the purchase order it becomes.
With several qualified suppliers and a tightly specified requirement, a reverse auction finds the price faster than a negotiation. Suppliers see their rank, never a competitor’s number; a late bid extends the close rather than winning on latency; a reserve means a lot that never reaches your number goes unawarded. Most categories never need this, which is why it is one option here rather than the point of the product.
Trust signals grounded in verified documents and delivered orders, not self-declared profiles.
Read moreControls that live in the database, so they apply whether the order came from the app, an integration, or someone in a hurry.
Read moreMost audit logs record what happened. This one can also demonstrate that the record has not been edited since.
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