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RFQ Automation

RFQ Automation: Get Competitive Quotes Faster Without the Manual Chase

AI runs your request for quotation process end to end. It builds the RFQ from the requisition, sends it to the right suppliers, chases the responses

  • End to endRFQ process run by AI
  • 1Place to compare quotes
  • AutoReminders and follow-ups
  • YouStill pick the winner

Why It Matters

The RFQ process is slow because it is all manual

Quotes in one place while you focus on the decision

The AI sends every RFQ the moment a requisition is ready, follows up on its own, and collects the replies as they land. Your buyers stop chasing suppliers and start comparing offers, so sourcing moves in hours, not weeks.

  • RFQs go out the moment they are needed.
  • Reminders sent without anyone remembering to.
  • Every quote collected in one comparable view.

More suppliers competing means sharper quotes

When sending an RFQ takes effort, buyers ask two suppliers and settle. When the AI handles the sending and chasing, you can put every requisition in front of the full approved list. More competition on each RFQ tends to bring the price down.

  • Every approved supplier gets a fair chance to quote.
  • No RFQ skipped because the day got busy.
  • Competition on price, lead time and terms.

The RFQ writes and sends itself

The AI turns a requisition into a complete RFQ with items, quantities, specs and terms, then sends it to the suppliers on your approved list that can actually quote for it. No blank template, no copy and paste per supplier.

  • A full RFQ built from the requisition.
  • Matched to the right suppliers by category.
  • Sent the moment it is ready.

Follow-ups happen without anyone remembering

The AI tracks who has replied and who has not, and sends reminders on its own until each supplier responds or the window closes. As quotes come back, it reads them and gathers every one in a single place.

  • Reminders sent automatically, on schedule.
  • A live status for every supplier on every RFQ.
  • All replies collected in one place.

Different quote formats, one clear comparison

Suppliers reply by email, PDF or a form, each in their own layout. The AI pulls out price, quantity, lead time and terms and lines them up so your team compares like for like and awards with confidence. People make the final call.

  • Price, lead time and terms pulled from any format.
  • Quotes lined up for a like-for-like view.
  • Your buyers review and pick the winner.

The whole RFQ workload, off your team's desk

  • RFQ creation

    Builds a complete RFQ from the requisition, with items, quantities, specs and terms filled in.

  • Supplier selection

    Matches each RFQ to the right suppliers from your approved list by category and past performance.

  • Sending and reminders

    Sends every RFQ and chases each supplier with follow-ups until they respond or time runs out.

  • Quote collection

    Reads quotes that arrive as email, PDF or a form and gathers them all in one place.

  • Normalising quotes

    Pulls out price, quantity, lead time and terms and lines them up so you compare like for like.

  • Handover to your systems

    Pushes the awarded quote back into your procurement or ERP system without double entry.

From requisition to a clear comparison in five steps

  1. Build

    The AI turns the requisition into a complete RFQ with items, quantities and terms.

  2. Send

    It goes to the right suppliers from your approved list, matched to the item.

  3. Chase

    The AI follows up on its own until each supplier replies or the window closes.

  4. Collect

    Quotes in any format are read and gathered into one place, no re-keying.

  5. Normalise

    Prices, lead times and terms line up so your team can compare and award.

What RFQ automation changes for procurement

  • Faster

    Time from requisition to quotes

  • More

    Suppliers competing per RFQ

  • Sharper

    Prices through competition

  • Less

    Manual chasing and re-keying

  • One

    View to compare every quote

  • Clear

    Record of who quoted what

Why teams choose TCB Infotech for RFQ automation

  • We know the systems

    We build ERP and software, so the automation connects to your real procurement stack, not a demo.

  • Model agnostic

    We pick the model that fits each task and keep the option to change it, so you are not locked in.

  • Fits your process

    We shape the automation around how you already source, so adoption is quick and low friction.

  • Your suppliers, your rules

    The approved supplier list and the rules stay yours. The AI works inside them.

RFQ automation questions

What is RFQ automation?

RFQ automation uses AI to run the request for quotation process end to end. It builds the RFQ from a requisition, sends it to the right suppliers, chases responses, collects the quotes in one place, and normalises them so your team can compare like for like and pick the winner.

Does the AI choose the supplier for us?

No. People make the award decision. The AI does the legwork of building, sending, chasing, collecting and normalising quotes, and lays out a clear comparison. Your team still reviews it and picks the winner.

How does the AI know which suppliers to send an RFQ to?

It uses your approved supplier list and the item category, past performance and any rules you set, so each RFQ goes to the suppliers that can actually quote for it. You stay in control of the supplier list.

What if suppliers send quotes in different formats?

That is the point of normalising. The AI reads quotes that arrive as email, PDF or a form, pulls out the price, quantity, lead time and terms, and lines them up in one comparable view so you are not re-keying anything.

Does this work with our current procurement or ERP system?

Yes. We connect the automation to the systems you already run so requisitions, suppliers and awarded quotes flow through without double entry. We fit your process rather than replacing it.

Is the AI tied to one model or vendor?

No. The approach is model agnostic. We choose the model that fits each task and keep the option open to change it later, so you are not locked to a single provider.

Put Your RFQ Process on Autopilot

No commitment. A practical first look at automating your RFQs.