How to issue an IT RFP: Tips, templates and examples

Deciding to invest in an information technology (IT) service or product is stressful. Granted, it’s usually a big purchase and the expectations are high. You have to evaluate doz...

The top 23 procurement technology tools for 2023

When it comes to procurement, the last few years have seen an incredible amount of technology innovation and adoption. As procurement technology becomes more specialized and effici...

RFP meaning: What is a request for proposal?

The request for proposal, often referred to as an RFP, is a common business tool used to find the best vendor while maximizing value and minimizing risk. Despite its importance and...

RFI vs RFQ vs RFP: Which should it be?

How do you know if you should use an RFI vs RFP vs RFQ?  It all comes down to what you’re trying to accomplish. While they all help organizations gather information from vendors...