Smart RFQ Management Software: RFQ IQ

Part Analytics' RFQ management software automates your RFQ workflow and enables end-to-end sourcing from RFx to Award process for direct sourcing in one intuitive platform. Part Analytics RFQ IQ module moves your sourcing process from email and spreadsheets into a centralized platform.

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Comprehensive RFQ software to solve all your sourcing needs

Move your sourcing process out of Excel and Email into one intuitive quoting software. Execute RFIs, RFPs, RFQs, bid analysis, supplier negotiations and award process with real time analytics.

Configure data inputs, outputs, reporting and analytics to fit your current process. Compare vendors side-by-side and leverage best practices and templates to optimize negotiation outcomes.

Automate RFQ process with real time analytics

Dynamic pricing updates based on supplier bids and market benchmarking
Configure award scenarios to evaluate bids
Analytics at RFQ and portfolio level with powerful dashboards
Easily track, measure and communicate sourcing impact with powerful dashboards

Collaborate with Business Stakeholders and multiple suppliers

Aggregate demand data from disparate internal sources and suppliers

Invite your team members, assign roles, evaluate submissions with buy-in from key business stakeholders

Add suppliers, request for quotes, respond to questions, track progress, and evaluate submissions all in a simple and intuitive platform

Provide access to your suppliers to an intuitive and easy to use Supplier portal

What Our Customers Have to Say
about Our RFQ Software

"Implementation of the Part Analytics' RFQ software platform has driven approximately 90% efficiency gain in our Quarterly Pricing Process by automating our manual process."

Eric BremerDirector Electronics & Electrical Products | Corporate Supply Chain – Emerson

"The Part Monitoring Report is really insightful and has been adding immense value in our inventory purchase plans."

Rishi SinhaCommodity Specialist – Hologic Inc.

"Part Analytics' innovative RFQ software allows us to process 30% more RFQ’s with considerably better control of our pricing and purchasing costs allowing us to maintain our high quality standards."

Louis ChenVP of Sales - EMS-Tek

I use the parts availability tracking every day and really appreciate how quickly you implement our feedback for improvements.

Greg SnellStrategic Sourcing Manager, Digi International

Try Part Analytics Free

See the power of Part Analytics with your own data, free.

We’ll get you set up with a free trial of our RFQ management software so you can see how fast and easy your team can set up and run sourcing events and develop stronger supplier relationships..

Find Savings Opportunities in your Data with Part Analytics