Request for Quotes
Request for Quotes are documents organizations send to vendors detailing the required items. You can invite vendors to bid on a request for quote and award the items to vendors of your choice. Let’s see how request for quotes work in Zoho ERP.
Understanding Request for Quotes (RFQ)
- What is a Request for Quote?
- How Does RFQs Impact Procurement
- Vendor Bidding and Evaluation
- Configure Preferences
Create Request for Quotes
- Basic Details
- Items
- Terms and Conditions
- Documents
- Bidding Preferences
- Team
- Request for Quote’s Details Page
Approvals for Request for Quotes
- Submit a Request for Quote for Approval
- Recall a Submitted Request for Quote
- Approve a Request for Quote
- Reject a Request for Quote
- Resubmit a Request for Quote
- Disable Approvals for Request for Quotes
Publish Request for Quotes
- Add Vendors to a Request for Quote
- Publish a Request for Quote
- Invite Vendors
- Extend Bidding Period
- End Bidding
Offline Bids
Award Request for Quotes
- Award Items
- Edit an Award
- Submit an Award for Approval
- Approve an Award
- Reject an Award
- Publish an Award
- Delete an Award