We have separate vendor on-boarding module by which the vendors can registered with company. While registering, vendor is provided with feature to provide basic information and other valid information for the valuation and approve as authorized vendor.

Yes, it is very much possible to use the system to send request for quote(RFQ) and get the quote from selected vendors.

We have RFQ module which allows the buyer to compare various quote submitted by the vendors. The comparative statement will have least quote high-lighted in green and also show the vendor rating for evaluate the best quote.