FlexRFP is a cloud-based strategic sourcing solution that helps organizations to formalize information gathering routines which enables them to manage their business operations and meet client's requirements.
FlexRFP features dynamic RFP's and reverse auctions that make vendors compete on price for organization's product and service needs. The solution also features project management capabilities that help users to map plans and coordinate activities of external and internal parties. Spend Analysis module helps users combine data from different payment systems into a single dataset and monitor their expenses by SKU, commodity or item.
FlexRFP's supplier management module combines supplier data that helps users to assess vendor capabilities and financial solvency, keep track of questionnaire due dates and document expiration dates and more.
Additionally, FlexRFP features contract management and supplier corrective action reporting (SCAR). Support is available via phone and email.