Vendorful vs. RFP360
RFP360 was one of the earliest cloud-based RFX platforms and today offers RFX tools for buyers and for sellers, as well as opportunities for discovery (and if you're wondering about our terminology, here's an explainer on RFX meaning). Their founders were pioneers in the new breed of RFX solutions and we have enormous respect for their contribution to the wave of strategic sourcing innovation we’ve seen in recent years.
Our main shared trait with RFP360 is a belief that sourcing events should be easier for both sides. This is exactly why we offer advanced collaboration, content management and user management tools to vendors responding to RFX. The main difference is that the entire RFP360 product is just a single Vendorful module. Indeed, we feel that strategic sourcing events are just one small part of the interaction between buyers and sellers, which is why we offer far more than just an RFX solution.Feature |  Vendorful |  RFP360 |
|---|---|---|
eRFX issuance and automation | ||
eRFX response UI for vendors | ||
Reverse Auctions | ||
Sourcing Pipeline | ||
Sourcing Intake | ||
Supplier Information Management | ||
Supplier Performance and Scorecards | ||
Spend Capture and Analysis | ||
Contract Repository |
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