UpsideRFX
Sourcing & Procurement
UpsideRFX is a web-enabled e-RFX tool that supports all sourcing and procurement activities through collaborative creation and management of complex RFX documents (i.e., RFP, RFQ, RFI, etc.), reverse and forward auctions, and related processes, with functionality that supports both the purchaser and vendor communities. UpsideRFX integrates with UpsideContract, the world’s leading enterprise contract management solution, providing close integration of sourcing and procurement processes with contract creation and management processes.
To ensure complete security, UpsideRFX includes independent modules for the buyer / purchaser and suppliers / vendors. These modules can be deployed together on a single server or separately on two servers to ensure complete security.
UpsideRFX purchaser module includes functionality for reverse & forward auctions, online response collection, collaborative development of RFX (i.e., RFP / RFQ / etc.) documents, opportunity posting, management of vendor communications, reception and logging of vendor submissions, collaborative submission review and evaluation, and selection management.
UpsideRFX vendor module includes functionality for vendor registration and notification. Vendors can enter details of their response on-line; upload response documents, on-line completion of questionnaires for evaluation purposes; entry of actual bid amounts particularly in an auction format RFX.
Benefits
UpsideRFX contributes to the bottom-line through improvements in spend management and supply management areas and does so very quickly through rapid deployment and high user adoption. By leveraging UpsideRFX as a tool for e-sourcing and e-supply management, organizations will achieve a fast ROI and will receive continued cost savings that will directly impact the bottom line.
Click here for more details on how UpsideRFX can benefit your organization.
High Level Features
- Ability to manage any type of procurement activity.
- Corporate repository of RFX documents (i.e., RFP, RFI, RFQ, etc.), templates, requirements, terms and conditions.
- Completely Web-based – no plug-ins required.
- ‘Personal Dashboard', role-based functional view, and navigation control maximize visibility of and simple access to items requiring action.
- Advanced workflow management.
These are only a few of the many features that UpsideRFX offers. Click here to see the comprehensive UpsideRFX features list.
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