Bonfire Strategic Sourcing
Bonfire Strategic Sourcing Platform is mission control for your bid and RFx decisions, providing a cloud-based solution for buying teams to build strong projects, receive vendor submissions, engage evaluators with powerful evaluation tools, and manage awarded contracts.
Flexible solutions that work the way you do
Bonfire Strategic Sourcing Platform
- Easy-to-use online portal to solicit vendors and receive structured submissions
- Flexible evaluation workflows, including custom weighted criteria, segmented criteria for evaluation groups, and automatic score tabulation
- Advanced evaluation tools for side-by-side comparison, price scenario analysis, and reverse auctions
- Proactive contract and performance management to stay on top of milestones and track contract/vendor health
Manage bid and RFP decisions with confidence
Bonfire digitizes, centralizes, and streamlines your entire sourcing and vendor management process in one online location. This eliminates administrative overhead, gives you clear visibility into your decisions, and ensures air-tight audit trails. With fast implementation and low training requirements, it’s easy to get started and align stakeholders towards a well-informed decision.
Optimize outcomes with deep evaluation
Whether you’re running a multi-stage RFP or a simple bid, Bonfire equips you with the tools and workflows to ensure fully-optimized decisions. Use custom criteria to collect the documents and data you need. Set up evaluation groups to assign the right information to the right people at the right time. Leverage industry-leading evaluation tools to compare responses side-by-side, conduct price optimization, and facilitate consensus.
Get full visibility with accessible insights
Collect and monitor vendor performance, stay alert to upcoming contract milestones, and prove your impact on the organization — no spreadsheets needed. Bonfire puts your procurement data at your fingertips, from the tactical (upcoming projects, contract milestones, cycle times) to the strategic (target spend and savings, department load, contract performance, and other KPIs).
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 support
Hear from our clients
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
Craig Milley assumed his role as Cayman Islands’ Director of Procurement with a mandate for procurement modernization. To eliminate time-consuming paper and manual processes and enhance visibility, Milley led Cayman Islands in implementing Bonfire to manage the...read more