The Request for Quotation (RFQ) Management Module in Fortix is designed to streamline and simplify how businesses handle their procurement process.

Whether you’re managing multiple suppliers or looking to get the best price for products and services, this module centralizes and automates the entire process to ensure efficiency, accuracy, and transparency.

 

Key Features

  • RFQ Creation Made Easy
    With pre-built templates, the Fortix RFQ Management Module allows you to quickly generate RFQs with all the necessary details—such as product specifications, quantity, and delivery requirements. You can include any custom fields to ensure your suppliers fully understand what’s needed.
  • Simplified Quote Management
    As suppliers submit their quotes, Fortix automatically organizes all responses in one centralized location. You can easily compare offers, sort by price, timelines, or other factors, and make well-informed decisions without having to manually track or input data.
  • Seamless Communication
    The module logs all communications between your business and suppliers, ensuring nothing slips through the cracks. Suppliers receive updates directly through Fortix, allowing you to manage follow-ups, request clarifications, and finalize agreements without leaving the system.
  • Comprehensive Quote Evaluation
    Fortix helps you evaluate supplier responses beyond just the price. You can factor in delivery schedules, compliance with product specifications, and even past performance, ensuring you choose the best partner for each job.
  • Documenting and Transparency
    Every step in the RFQ process is tracked, documented, and easily accessible, providing transparency for future reference. This level of accountability ensures that all stakeholders can review past decisions, making the procurement process more transparent and auditable.
  • Efficient Order Finalization
    Once the supplier is selected, Fortix allows you to swiftly convert the winning RFQ into a purchase order, seamlessly moving from evaluation to procurement. This saves time and avoids duplicating efforts, ensuring smooth handoffs to your procurement team.


Benefits of Fortix Automated RFQ Management Module:

  • Time-Saving Automation: The entire process—from creating an RFQ to finalizing an order—is automated, saving hours of manual work.
  • Error Reduction: By centralizing information, the system eliminates the risk of human errors, ensuring that nothing gets overlooked.
  • Enhanced Supplier Relationships: Clear, efficient communication and the ability to track interactions strengthen supplier partnerships.
  • Better Decision-Making: Comprehensive comparison tools allow you to weigh all aspects of a supplier’s offering, ensuring you make the best decision every time.

The Fortix RFQ Management Module brings order and efficiency to a traditionally complex process, empowering businesses to manage their supplier relationships effectively while optimizing procurement.