Jump start your sourcing projects with full control of timing, criteria, internal participants, and more.
Get projects off the ground quickly
Request intake & requirement gathering [New]
Eliminate the friction involved in receiving requests and gathering requirements / specs from your client groups.
Perfectly map your decision-making process
Industry-best control of participants (suppliers and internal participants), required materials, evaluation phases, criteria, scoring methods, etc.
Painless participant management
Easily add internal users as evaluators or observers. Manage participants and progress from simple quotes to 300+ person decisions.
Better data = better suppliers
Sorting the wheat from the chaff isn’t about collecting more data. It’s about collecting and evaluating the right data.
Tight control over exact structure of supplier data
Collect the *exact* documents, data fields, Excel files, and other data you need. Incorporate the right data from the start of your decision process.
Seamless automation of Excel files
Instantly extract and score qualitative and quantitative/pricing data from Excel with industry-best auto-scoring and optimization analysis.
Smarter use of supplier data
Segment and manage supplier data during the decision-making process, ensuring that internal participants focus on what they need to.
Great outcomes start with deeper evaluations
Weave strategic objectives and considerations right into your supplier evaluation, ensuring true 360° outcomes.
Include all specs, qualitative factors, and pricing
Balance technical requirements, strategic objectives, and pricing/cost in blended scorecards. Then run the process across multiple phases of evaluation.
Leverage your internal experts
Incorporate internal stakeholders and expertise into the scoring process. Identify areas of consensus and disagreement, and use that to zero in on the things that matter.
Flexible and powerful
Unlike simpler bidding tools, Bonfire is used on the entire spectrum of RFx decisions - from $10k printing service quotes up to $350-million IT projects (that’s not a typo). It can handle anything you throw at it.
Price & negotiation powertools
Gain an unfair advantage through instant quantification and what-if features - no Excel required.
Bonfire BidTables - the best cost-comparison tool ever made
Instant side-by-side analysis and optimization across an unlimited number of line items. Edit supplier data, filter, run optimization / what-if scenarios, and mix-and-match baskets. Gain major leverage for negotiations.
Bonfire eAuction - simpler, more powerful reverse auctions
Run reverse auctions online with the click of a button. Simple enough for daily use (and even the most low-tech suppliers can participate without training).
Bridging the gap between price and non-price factors [New]
Incorporate cost and auction results into blended scorecards to see how price and non-price factors combine. Make true 360° balanced decisions.
Continual improvement & coaching
Gain insight into how your team is performing with deep reporting and benchmarking.
Quantify your team’s effort & impact [New]
Track your team’s work output, impact, and savings, down to a buyer, project, and department level. Gain visibility into effort/time vs. return.
Proactively manage team performance
Identify which project types / departments / buyers are performing well or poorly against your own pre-defined benchmarks. See how your team’s performance is changing over time.
Compare yourself against similar sourcing teams [Coming soon]
See how your team performs compared to similar organizations for cycle times, savings %, and effort/impact.
Hardened, scalable, ready
Central User Control
It’s easy to manage users and their roles and permissions right down to the dept. and project level.
Bonfire secures your data with bank-grade encryption both in transmission and at-rest.
Your users can use the same login details (email and password) as they use for your other systems.
Interact with vendors, do Q&A sessions, send reminders, discuss projects, and more.
Register and manage your vendors, including data, documents, and compliance - and organize them into lists.
Stay on top of the resulting contracts - capture details, schedule reminds, and store documents.
Integrate the power of Bonfire sourcing into the other systems in your toolchain.