From simple bids to complex, multi-stakeholder decisions, Bonfire eSourcing digitizes more of the sourcing workflow than ever before, empowering teams to run more projects and drive better outcomes.
Clarity in your sourcing decisions
- Vendor-friendly online portal to post opportunities and receive structured submissions
- Flexible, customizable evaluation workflows that make it easy to involve stakeholders at the right time
- Purpose-built evaluation tools for side-by-side comparison, price scenario analysis, and reverse auctions
- Dashboards to surface key insights
Set up decisions for success
Bonfire makes it easy to structure your decisions for better outcomes. Work with internal stakeholders to craft weighted scoring criteria, balancing technical requirements, strategic objectives, and price in blended scorecards. Then post opportunities and receive submissions in an organized format that can be easily compared and evaluated.
Bonfire puts powerful purpose-built evaluation tools at your fingertips, allowing you to efficiently collect and analyze large amounts of data to drive better value.
Use templates to collect and effortlessly aggregate vendor data for contextual side-by-side comparison and auto-scoring.
Take the manual work out of analyzing line-item bids. Easily filter supplier data, rank price, sort items into baskets, and perform what-if analyses to optimize vendor selection.
Run reverse auctions online to encourage competition between a shortlisted group of vendors. Vendors can participate without training.
When facilitating distributed projects, create parent and child projects to distribute decisions and make multiple awards across separate locations or categories.
Insights to drive performance
Bonfire presents your procurement data in real-time visual dashboards, so you can instantly see what projects are coming up, stay on top of team performance and timelines, and report on key metrics such as spend and savings.
Easy to implement and use
Bonfire clients are up-and-running within weeks, with no IT resources required. All buyers can access unlimited training and industry-leading customer support to ensure maximum value from the platform.Learn more about our support
Hear from our clients
L’Oreal’s paper-based procurement process was a significant burden on their lean team. Managing supplier relationships and sourcing projects without a centralized database was also a source of risks, such as missing documentation and lack of visibility into supplier...read more
Facing growing demands on their time and limited staff resources, Pinal County’s procurement team knew that managing their competitive bids and RFPs with paper and excel was no longer sustainable. They streamlined the process online with Bonfire, gaining more...read more
Like many higher ed procurement teams, Ivy Tech Community College sought a procurement software solution to help them manage growing project volumes. Heather Vasquez, Assistant Director of IT Procurement at Ivy Tech, discusses how Bonfire helps the Ivy Tech team run...read more