Buyer24 2026: Benefits, Features & Pricing

Buyer24 is an AI-powered procurement tool designed to simplify the RFQ process by managing supplier communication, processing documents, and generating comparable quotes. It is suitable for industries such as MRO and industrial supply, electronics distribution, e-commerce, repair services, value-added reselling, and system integration. It supports operations across regions including the USA, EU, China, and Latin America.

The platform includes a centralized supplier inbox that organizes all RFQ communications by supplier and RFQ number. Its AI capabilities assist with creating and sending RFQs, following up on delayed responses, resolving discrepancies, and completing missing fields. Document parsing features extract key details from PDFs and Excel files with precision. The quote comparison function analyzes price differences, completeness, and delivery terms.

Buyer24 does not require supplier onboarding and integrates with existing email systems. It provides multilingual support with automatic translation and schedules communications based on suppliers' local business hours. Response-time tracking monitors supplier performance and sends automated reminders before deadlines. The s...