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Description
Evolinq implements AI-driven buyer agents that independently manage the entire procurement process, which includes generating RFQs, assessing quotes, finalizing purchase orders, monitoring shipments, handling invoices, and identifying irregularities. This solution achieves an impressive 91% automation of tasks without necessitating any alterations to existing ERP systems. It caters to various industries such as manufacturing, defense, electronics, automotive, and healthcare, showcasing its versatility and efficiency in streamlining procurement operations.
Description
RFQmatch is an advanced platform that leverages AI to streamline the sourcing and Request for Quotation (RFQ) processes, assisting organizations in transforming their purchasing needs into organized RFQs while also enabling them to locate suitable suppliers, gather quotations, and oversee the entire sourcing journey from the initial requirement to the final deal.
Buyers have multiple options to create RFQs, including:
* Manually creating an RFQ
* Utilizing AI technology to convert requirements into a structured RFQ
* Uploading pre-existing specifications or documents
* Starting from curated product lists
* Employing industry-specific RFQ templates
By structuring requirements effectively, RFQmatch ensures that suppliers receive precise and comparable information regarding the buyer's needs.
Discovering and Matching Suppliers
RFQmatch facilitates the identification of pertinent suppliers tailored to each sourcing requirement, offering features such as:
* Supplier discovery and matching capabilities
* A comprehensive supplier directory
* An RFQ marketplace for broader engagement
* Invitations to suppliers for participation
* Access requests for relevant opportunities
* Matching suppliers based on their products, services, and specific sourcing needs
In doing so, RFQmatch enhances the efficiency of the sourcing process and fosters stronger connections between buyers and suppliers.
API Access
Has API
Yes
API Access
Has API
No
Screenshots View All
No images available
Screenshots View All
No images available
Integrations
NetSuite
No
SAP ERP
No
Pricing Details
not available
Free Trial
No
Free Version
No
Pricing Details
$100/year
Free Trial
No
Free Version
Yes
Deployment
Web-Based
Yes
On-Premises
No
iPhone App
No
iPad App
No
Android App
No
Windows
No
Mac
No
Linux
No
Chromebook
No
Deployment
Web-Based
Yes
On-Premises
No
iPhone App
No
iPad App
No
Android App
No
Windows
No
Mac
No
Linux
No
Chromebook
No
Customer Support
Business Hours
Yes
Live Rep (24/7)
Yes
Online Support
Yes
Customer Support
Business Hours
Yes
Live Rep (24/7)
No
Online Support
No
Types of Training
Training Docs
Yes
Webinars
No
Live Training (Online)
Yes
In Person
Yes
Types of Training
Training Docs
Yes
Webinars
No
Live Training (Online)
No
In Person
No
Vendor Details
Company Name
Evolinq
Founded
2023
Country
United States
Website
evolinq.io
Vendor Details
Company Name
RFQmatch
Founded
2026
Country
Netherlands
Website
www.rfqmatch.com
Product Features
Procurement
Asset Management
No
Auction Management
No
Bid Management
No
Budget Management
No
Catalog Management
No
Contract Management
No
Inventory Management
No
Invoice Processing
Yes
PunchOut
No
Purchase Order Management
Yes
Receiving
No
Requisitions & Approvals
Yes
Sourcing Management
Yes
Spend Management
Yes
Supplier Management
Yes