Executive Brief: RFx Management

Selecting the right vendor is just as important as selecting the right solution, so it’s essential for procurement teams to have streamlined processes for evaluating both. It’s also critical to select options that match the organization’s risk appetite. The problem is, there are few options that enable teams to efficiently accomplish both objectives.

This executive brief:

• Explores the different types of requests that organizations use to evaluate vendors
• Examines the steps and challenges involved in a typical RFx process
• Identifies best practices to improve RFx automation and vendor risk visibility