Bonfire Strategic Sourcing
Bonfire Strategic Sourcing Platform provides a cloud-based solution for procurement teams to build strong bids and RFPs, receive vendor submissions, engage evaluators with powerful evaluation tools, and manage awarded contracts.
Flexible procurement software that works the way you do
Bonfire Strategic Sourcing Platform
- Easy-to-use online portal to solicit vendors and receive structured RFP submissions
- Flexible RFP evaluation workflows, including custom weighted criteria, segmented criteria for evaluation groups, and automatic score tabulation
- Advanced RFP 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
See our Strategic Sourcing Software in action
Join us for a live 20 minute webinar demo
Watch the Bonfire Strategic Sourcing Overview video
Bonfire is a cloud-based eProcurement solution that captures all sourcing workflows in one place. Key features include: online bidding, RFP evaluation, and vendor performance management.
Streamlined bid and RFP management
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 for every purchasing decision.
Powerful online RFP evaluation
Whether you’re running a multi-stage RFP or a simple bid, Bonfire equips you with tools and workflows to ensure fully-optimized procurement 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 RFP evaluation tools to compare responses side-by-side, conduct price optimization, and facilitate consensus.
Get full visibility with accessible procurement 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 tactical metrics (upcoming projects, contract milestones, cycle times) to strategic procurement goals (target spend and savings, department load, contract performance, and other KPIs).
Procurement software that is 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 Bonfire Strategic Sourcing 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