Issue RFIs, RFPs and RFQs, collect and score supplier responses, approve bids, and convert to purchase orders - all inside a structured, auditable workflow. Every bid is scored on sustainability criteria alongside price and quality, so sourcing decisions and ESG targets are answered by the same evaluation, not two separate processes.
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Every feature below runs on the same SYNE One data layer - shared with every other module on the platform.
Structured templates for every sourcing stage - configure question sets, weighting criteria, response deadlines and participant limits per event type.
Machine learning analyses supplier responses across price, quality, sustainability, financial health and delivery capability, ranking bids objectively with explainable scores.
Create, approve and track POs from award through delivery, with goods-receipt matching, three-way invoice matching and automatic payment release on confirmation.
Category-level spend analysis, preferred-supplier utilisation and maverick-spend detection, with savings tracking against your pre-SYNE baseline - live and exportable.
Add sustainability criteria to every bid evaluation - carbon intensity, certification status, ethics scores - so ESG goals are embedded in every sourcing decision.
Automatic alerts when delivery SLAs are missed, spend exceeds contract value, or renewal deadlines approach - so nothing slips through the cracks.
Define requirements, specs and evaluation criteria. Choose RFI, RFP, RFQ or RFO based on sourcing stage.
Invite from your network or browse the Marketplace. Suppliers receive guided response forms with built-in deadlines.
Suppliers submit responses against the brief; submissions are checked for completeness and cross-verified against the supplier's own verified record before scoring begins.
Multi-criteria weighted scoring across price, quality, sustainability, delivery and financial health - instant and objective.
Award the bid, trigger smart contract execution, and notify all participants - with complete audit trail preserved.
Convert the awarded bid directly to a PO. Track delivery milestones and trigger payment on goods receipt confirmation.
The same module reads differently depending on who's using it - standard, role-based access covers each of these out of the box, and your business can create any custom role on top.
Structured RFx workflows with AI-scored bids, instead of comparing spreadsheets manually.
Sourcing cycle time cut significantly, with supplier performance data already available at the point of decision.
Purchase orders convert straight into the same financial ledger - no separate approval system to reconcile.
ESG criteria built into the sourcing decision itself, not bolted on afterwards.
Access scoped to reviewing and scoring submitted responses, without visibility into unrelated spend or supplier financial data.
Sign-off authority on awards above a configured threshold, with the evaluation trail already attached to the decision.
Data entered here is read directly by the rest of SYNE - many-to-many, not a chain - no export, no re-entry, no separate reconciliation.
RFx responses draw on the same verified supplier records used across the platform.
Supplier risk scores are visible directly inside the sourcing decision.
Sustainability-weighted sourcing decisions feed straight into Scope 3 emissions reporting.
Invite verified suppliers straight from the Marketplace into an RFx event, without a separate vetting step.
A sourcing decision that includes trade finance terms is priced against the same supplier risk data.
Sourcing cycle time fell by more than half, with AI-scored bids surfacing the best-fit supplier automatically. Bidders were already verified in Supplier & Customer Management, so evaluation didn't wait on a separate vetting step; sustainability weighting drew directly on Emissions & ESG data already on file; and the awarded PO posted straight into Finance & Accounting without a second data entry.
"We used to spend more time comparing bids than actually negotiating them. Now the scoring is done before we even open the deal." - Head of Procurement, electronics manufacturer
Faster, better-scored sourcing decisions mean more reliable input costs and supply continuity - which shows up as more consistent pricing and availability for the end customer.
Request a demo scoped to this module, or explore the rest of SYNE One's connected modules.