eBook | State of the RFP Benchmarking Report

Drawing on data from over $527M of spending decisions, Bonfire brings you the most comprehensive RFP benchmarking study ever conducted. Analyzing a sample of over 2000 anonymized RFP projects, we examine key questions:

  • How are RFPs typically set up (pricing, stages, etc)?
  • How many evaluators are involved?
  • What are the most popular days of the week for project closing or evaluation deadlines?
  • How long does an RFP typically take?
  • How much do you save by running an RFP?
  • Are RFPs worth the time and effort they require?

A must-read for procurement professionals, this report pulls back the curtain on a well-known process for buying decisions, sharing insights that you won’t find anywhere else.

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