The challenge for CPOs, Sourcing and Procurement Leaders is to fund digitalization while maintaining control over their organization’s procurement costs — even when operating conditions remain highly volatile.
Managing RFPs is the first step to achieving procurement excellence, and it is often manual (read Excel, Word, and Outlook-driven) and time-consuming. Sourcing professionals need a smarter way to RFP creation, publishing, and evaluation along with the real-time RFP status analytics to match the increased pace of operations.
In this webinar, we will showcase how sourcing, procurement, and vendor management leaders can rapidly and effectively collect vendor responses using RFPflow – a native app built for ServiceNow.
What is covered in this webinar?
- Importance of cross-functional collaboration in RFP-to-Award Cycle
- Creation of RFPs using pre-built questionnaires and RFx templates
- Collaboration with vendors and internal stakeholders
- Evaluation and scoring RFP responses from vendors
- Streamlining end-to-end Source-to-award cycle with ServiceNow workflows