Best RFQ Software in India
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Compare the Top RFQ Software in India as of October 2026
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What is RFQ Software in India?
RFQ (Request for Quotation) software streamlines the process of soliciting and managing quotes from vendors or suppliers for products or services. It enables businesses to create, distribute, and track RFQs while consolidating responses for easy comparison. These tools often include features like customizable templates, communication tracking, and analytics to ensure a transparent and efficient procurement process. By automating tasks and providing a centralized platform, RFQ software helps organizations save time, reduce costs, and improve decision-making. It is particularly valuable in industries with complex supply chains or frequent vendor interactions. Compare and read user reviews of the best RFQ software in India currently available using the table below. This list is updated regularly.
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1
Tradogram
Tradogram
Tradogram is cloud-based procurement software built for growing organizations that need more control over purchasing without adding unnecessary complexity. The platform brings the procurement process into a single connected system, from the first purchase request through approval, ordering, receiving, invoice processing, and payment. Procurement and finance teams can see what is being requested, approved, ordered, received, and spent without chasing spreadsheets, emails or disconnected records. Tradogram includes tools for: Purchase requisitions and configurable approval workflows Purchase order management RFQs, RFPs and strategic sourcing Supplier onboarding and performance management Receiving and delivery tracking Invoice processing and three-way matching Budget and spend tracking Contract management Expense management Inventory management Multi-location and multi-entity procurement Procurement reporting and analyticsStarting Price: $99/month -
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Acquirell
Acquirell
Acquirell is a Corporate Procurement Platform that empowers SMBs to get the best terms from suppliers and have complete control over procurement. Acquirell includes the following modules: Requirements - assemble and approve requirements across departments and employees. Plan your purchases, along with informative dashboards PO processing - quickly create POs and send them to suppliers in a single system E-Sourcing - get the best prices from suppliers by conducting various forms of sourcing events: from the simplest ones, with RFQs sent to all suppliers, to auctions Contract Lifecycle Management - automate working with contracts: from initiating to archiving Supplier Relationship Management - control interaction with suppliers and manage the contractor database. Easily engage suppliers: invitations, easy registration, intuitive interface, single supplier workspace Analytics – reports on key procurement data: from budget savings to the percentage of unplanned POsStarting Price: $20 per user per month -
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Prokuria
Prokuria
With Prokuria's cloud-based platform, you can streamline your procurement process and save time without compromising on quality or customizations that match each team’s needs perfectly! The intuitive interface makes it simple for any size business to use. Prokuria helps companies ease the procurement, purchase, and supplier management process through time and cost-saving solutions: 1. RFIs, RFPs, RFQs 2. Reverse Auctions for big impact 3. Requisition & Approvals 4. Supplier Management for utmost efficiency 5. Purchase Orders made interactively 6. Contract repository 7. Supplier Price Monitoring 8. No-Code for Procurement. User-friendly procedures boosting internal collaboration, alignment with stakeholders, and speed of business. With Prokuria, the procurement process is both modern and efficient. We use several different approaches to achieve this goal with a focus on: -Ease of use -Free-trial for you to test it -Fast implementation -In-depth customizationsStarting Price: €15.00/month/user -
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ProcurePort
ProcurePort
ProcurePort provides a best in class cloud hosted sourcing software that automates the entire source to pay process. Modules that seamlessly connect with each other that can be used independently or together. Following modules make up the ProcurePort Solution Suite -Requisitions -RFP & RFQ -eAuctions (Reverse, Forward, Dutch, etc.) -Contract Management -Supplier Management -Spend Analysis -P,O and Invoice Automation ProcurePort provides a best in class e-procurement platform, complimented by our industry-leading implementation service and support.Starting Price: $275.00/month/user -
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QLM Sourcing
QSTRAT
"QLM Sourcing" is a cloud strategic sourcing and supplier management solution that streamlines processes for user organizations to increase efficiency, throughput, and quality of output to drive increased profitability. QLM Sourcing offers a rich feature set including customer management and quoting, collaborative supplier eRFQ event management, business award and purchase order, spend analysis, and more. QLM Sourcing gives each user organization custom eRFQ templates for different product/service types. Amongst other innovative features is an automated notification function that reminds suppliers of an approaching due date to increase response rates and compliance. Efficiently manage your supply base with configurable document management, segmentation, supplier self-service and performance score-carding. Add new suppliers in seconds with no cost ever to suppliers, all without the overhead of a high-maintenance supplier portal. -
6
Procverse
Procverse
Procverse, the world's first Web 3.0-enabled ERP-driven B2B E-marketplace for Manufacturers. It seamlessly automates procurement and sales processes, providing a dynamic marketplace for product showcases. Effortlessly navigate your procurement cycle from RFQ to Purchase Order with Procverse. Benefit from internal approvals, Supplier discovery, and Reverse auctions, empowering your company with seamless efficiency. Procverse goes beyond being a platform; it's an ecosystem. It Connects companies and provides them access to free inquiries harnessing the power of synergy. Also, Experience an Amazon-like marketplace where companies showcase and sell products online. Facilitate the exchange of goods, including scrap materials, through automated forward and reverse auctions. Access high-end reports and dashboards, arming your company with intuitive tools for effective management. Procverse is not just a solution; it's your partner in navigating the future of B2B excellence. -
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Tap2Trade
Wings2Aspirations
Tap2Trade eRFI is easy and simple to understand and can be operated from both web and mobile. Buyer can create any type of questions for the information he would like to. With Tap2trade RFP/RFQ process buyer can easily upload complex BOQ’s/BOM’s and vendor can respond on the same either by downloading it thru web in excel or directly. Tap2Trade eBidding best practice template helps in not only automating the negotiation process but drives the best market price from participating vendors and brings. Order awarding is the process used to award the order post evaluating the proposal/ bids of the vendors. Purchase orders allow client to clearly and explicitly communicate their intentions to vendors.Starting Price: $4999.00/year -
8
Team Procure
Team Procure
Team Procure is a cloud-based procurement suite that empowers businesses to manage their purchasing approvals, purchase orders, strategic sourcing, suppliers, and inventory. Conduct RFQ and E-Auction negotiations to secure the best deals with your suppliers. Generate custom reports based on department, project, or category and make data-driven decisions for your procurement strategy. Team Procure caters to both SMBs and Enterprise organizations with the ability to customize our system using powerful software modules. We offer solutions for: • Purchase Requisitions • Custom Approval Workflows • Procurement Management • Supplier Onboarding & Management • RFQs and E-Auctions • Warehouse Inventory Management For large procurement operations, we offer an enterprise-grade solution with dedicated servers. It includes advanced sourcing features, a supplier portal, ERP integrations, and premium support.Starting Price: $250/month (3 users) -
9
Promena
Promena Strategic Procurement Solutions
Founded in 2001, Promena stands out as a dynamic force in the digital transformation landscape, continually strengthening its global position through enduring partnerships and a growing customer base. This platform, armed with versatile modules, offers E-Sourcing to optimize sourcing activities with unmatched efficiency. E-Procurement streamlines procurement processes, ensuring cost-effectiveness. Contract Management simplifies handling complex contracts, enhancing compliance. Supplier Relationship Management nurtures robust supplier ties. Quick RFQ facilitates swift, precise quotation requests, boosting responsiveness. The Supplier Network fosters a thriving ecosystem for seamless supplier interactions. Together, these modules position Promena as an all-encompassing solution for contemporary business hurdles, advancing operational optimization and strategic growth. Embrace the change with Promena, and witness a transformation in business efficiency and relationships. -
10
ProcurEngine
AgileApt Solutions
procurEngine is an enterprise Source-to-Pay procurement platform built by procurement professionals, combining deep domain expertise with purpose-built technology to transform complex procurement into connected, measurable business outcomes. procurEngine orchestrates the complete Source-to-Pay lifecycle. From intake, supplier management and strategic sourcing through negotiations, contracts, purchasing, approvals, invoicing and spend analytics. It supports direct, indirect and services spend across complex enterprise workflows. Backed by 25+ years of procurement experience and trusted by 65+ enterprises, the platform incorporates proven procurement practices, commercial intelligence and real-world workflows into technology, helping organizations digitize procurement without losing the judgment and context behind better decisions. procurEngine serves organizations across manufacturing, EPC and infrastructure, healthcare, BFSI, retail and consumer goods and energy. -
11
Sourceit
Sourceit
Sourceit was created to achieve one key goal, simplify the sourcing process and make life easier for buyers all over the world, whether they’re working on their own or within an organization. We wanted to do it with software that was nice to look at and easy to use. Sourceit was originally conceived and developed in 2010 as a specialized sourcing, job and order management software for marketing services, our market, and catalog modules. Since then we’ve grown from our humble beginnings in Australia with great clients and partners all over the world, and while we’ve kept improving our ‘classic’ products, we’ve grown the family with the recent addition of our new RFQ app. Our clients mean a lot to us, they help our products evolve and give us great reasons to keep improving our applications. Simplicity is really important to us and we stay focused on keeping our business and applications simple.Starting Price: $3500 per month -
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Procol
Procol
Best procurement software that is flexible, user-friendly, cost-effective, enterprise-grade secure, and can be deployed in under 7 days to optimize your procurement management. Consolidate your entire spend and achieve higher cost savings. Gain 100% spend visbility with end to end audit trails. Save time from manual follow ups and automate procurement tasks. Become the customer of choice for all your suppliers. Centralize all of your requests by moving sourcing activity out of email inboxes to streamline request management and create structured data via eSourcing. View supplier bids and responses side-by-side / Build RFPs, RFQs, and RFIs in minutes with a tool designed for sourcing. Deliver higher cost savings with 45+ unique bidding algorithms. Discover prices like never before. Save thousands of hours by providing a supplier portal to manage communications, transactions and issue resolution. -
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Aufait
Aufait
Our tender management system helps remove time-consuming and labor-intensive manual tendering process and get a transparent procurement process for your organization. Our Tender Management software is an online service that helps suppliers and buyers to interact with each other to achieve prominent efficiency in all aspects of a tendering process. Whether it is complex tendering or simple RFP/RFQ process, Tender Management helps an organization in executing an effective Eprocurement strategy and make your procurement or tendering function hassle-free. It takes care of the complete procurement life cycle, starting from the vendor or supplier registration process until awarding the contract. By using this solution organizations can ensure the transparency of the entire tender management process. -
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TendersWorld
TendersWorld
Tendersworld is a global tenders search engine powered with AI. Find tenders and business opportunities including RFPs and RFQs that are international, national, regional, local and from your city. Avoid searching hundreds of tender sites as a single search will bring all results in one place. Get alerts about tenders and bookmark your favourite ones! -
15
Kojo
Kojo
Save over 5% on direct material costs by comparing vendor prices and availability in one simple dashboard. Kojo's intelligent documents transfer material and pricing information between requisitions, POs, RFQs, OAs, invoices, and your ERP system, keeping everything accurate and up-to-date. Cut out unnecessary emails and phone calls from your material requisition, ordering, and delivery process. Send digital requisitions to the office with clear, accurate, and organized material information, ensuring the right materials are ordered and delivered on time. Snap a photo of your deliveries with your phone and keep track of what's been delivered, damaged, or is missing. Only buy what you need based on material stock levels and reduce leftover materials that need to be stored. Teams can see real-time warehouse material inventory and delivery statuses from their computer or mobile devices. -
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Bid Detail
Bid Detail
Bid Detail is an innovative web-based platform, designed by experienced professionals who understand Government tenders, e-Procurement, E tenders, Contract awards, and upcoming tenders. The website brings together all information relating to Government Tenders, procurement news, government contracts, RFPs, RFQs, and online tenders so that companies or users can access them quickly and easily, wherever they are located around the world. -
17
Mtivity
Mtivity
Operate multiple types of marketing sourcing from a single platform, RFQ, Ratecard, Material purchasing and time based services all with automated purchasing and approval options. At the heart of Mtivity’s sourcing engine is the automated benchmarking and savings calculations engine, from simple cost saving through complex gainshare and rebate models, Mtivity can track and automate these calculations instilling trust and transparency in the purchasing process. Mtivity automatically identifies the best sourcing method based on your own data, freeing up your users to add value and increasing internal and external client satisfaction. -
18
Axya
Axya, Inc.
When collaboration and tracking rely mainly on spreadsheets and email, procurement becomes a challenge, and supply chain risks increase. Axya is a procurement software tailored for manufacturing companies that provides end-to-end operational visibility, simplifies stakeholder collaboration, and empowers procurement teams by automating tedious tasks. We recognize the delicate balance between cost efficiency and supplier relationships. The RFQ module isn't just about minimizing expenses; it's about making informed choices that nurture fruitful supplier connections. While we can't promise a world without delays, we equip strategic buyers with the tools to proactively manage them and always get real-time status updates on their purchase orders, ensuring minimal disruption and maximum efficiency. Both buyers and suppliers have real-time access to project details, allowing you to keep everyone in sync and projects on track with automated updates and collaborative features. -
19
Buyer24.ai
Buyer24.ai
Buyer24.ai is an AI-powered procurement network that automates the RFQ and quoting process for buyers and suppliers. Buyers send requests for quotes and an AI agent runs every request, quote, and follow-up across a network of vetted suppliers, cutting requisition-to-PO time from weeks to days. The AI normalizes supplier replies from PDFs, Excel files, and emails into a single side-by-side comparison of landed costs, with automatic line-item extraction, translation, reminders, and follow-ups. Suppliers can respond directly from email or use an optional supplier portal, and quotes always arrive in the buyer's required format. The platform plugs into existing emails and spreadsheets while keeping your ERP, so teams can automate procurement busywork without changing their core systems.Starting Price: $49/month -
20
PunchOutCX
CoreXpand
Punchout catalogs allow your business to connect your product catalog directly to your buyer’s eProcurement system. We handle the entire integration and testing process for you, and we universally connect to any eProcurement platform out there. Our clean and intuitive catalog sites will give your buyers a great impression and easy browsing experience. Sites are designed to match your brand. For no additional cost, we'll help your team utilize PunchOutCX to deepen relationships with current customers and secure new business. We handle the entire integration and testing process for you, and we universally connect to any eProcurement platform out there. Our clean and intuitive catalog sites will give your buyers a great impression and easy browsing experience. Sites are designed to match your branding. PunchOutCX satisfies the most demanding RFQ and procurement requirements like level 2 punchout, shipping and tax integration, e-invoicing, and edit/inspect. -
21
Vcidex C-Procure
Vcidex Solutions
C-Procure is a cloud based marine e-procurement solution for buyers and sellers within the maritime industry. C-Procure aims to provide integration of the buyers and suppliers around the globe to the ship owners and contractors. C procure retrieves all the Purchase Orders (PO) or Request for Quote (RFQ) created in your fleet management system. This is distributed to supplier chosen by you and the vendor quotes that is received in Cprocure’ s portal is accessed. Later you can review, verify and accept the quotes provided by the vendors that match your acceptance criteria. C procure aims to give a cost-effective integral solution to both small and large sized businesses. For our customers who lack a large fleet management system, C procure can offer a purchasing solution that has inbuilt portal for to help you to generate RFQ, manage vendor, track purchase orders and invoice management.Starting Price: $50 per month -
22
BusinessBid
BusinessBid
BusinessBid is a user friendly eSourcing solution that will help you run transparent RFQ’s and eAuctions enabling you to achieve significant cost and time savings. BusinessBid Procurement Software allows you to easily create and manage events from a single dashboard. Receive bids, communicate and negotiate with suppliers in one place. Save time collecting and organizing event details, creating comparisons and audits. Let BusinessBid do it for you so you can spend your time where it matters. Managing your company’s purchase requisitions via email or paper is a hassle as it is difficult to track the process. With BusinessBid’s requisition management tool, buyers stay organized and purchasing becomes transparent right from the start. Requisitions are listed on a central dashboard and assigned a unique number, thereby decreasing the number of emails sent back and forth. -
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SourceDay
SourceDay
Streamline supplier collaboration. The relationship between buyers and suppliers is broken. Every quote, purchase order and invoice is still emailed repeatedly, updated manually and chased down daily. Our SaaS solution creates real-time visibility and accountability between you and your suppliers. Plus, it integrates with your ERP system ensuring that pricing, quantity, lead times and delivery dates are accurate. With automated workflows and accurate information, you can cut your risk. SourceDay’s cloud solution digitally transforms collaboration between buyers and suppliers. Now, you can manage your direct spend more efficiently from quotes to purchase orders to invoices and quality control. Ditch your spreadsheets. Manually managing RFQs puts you at risk for errors or a quote getting lost in your inbox. Digitizing your RFQ process makes it easy to compare quotes and make better-informed decisions. -
24
RapidQuote
eHub Software
Founded in 1998, eHub Software provides enterprises and government-managed e-sourcing services, RapidQuote. With RapidQuote, you can Benchmark-approved vendors. Reduce overall costs by 14% - 40% through competitive bids. Dramatically improve bid response cycle time by 80%. Access to over 250,000 supplier databases. RapidQuote is easily configurable to meet individual organizational purchasing policies and to incorporate approved vendor databases. All existing purchasing practices can be implemented including RFQ, RFP, RFI, Reverse Auction, catalog and off-catalog-based purchasing. eHub Software delivers a standalone, scalable and cost-effective e-procurement solution for enterprise to streamline their purchasing processes, increase efficiency and reduce procurement-related costs. With eHub Software software, purchasing officers build a Private Purchase Portal (PPP), which serves as a one-stop procurement source for all approved suppliers and supports existing purchasing methods.
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