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Run an RFP

One brief, sent to the vendors you choose, answered against the same questions, returned to you as a single comparison. Running an RFP costs you nothing, and responding costs the vendors nothing.

How running an RFP works

1

Answer a short set of questions

What you run today, what you are replacing, your firm type and size, the instruments and markets you need covered, and your timetable. Fifteen minutes, not a blank document.

2

We turn the answers into an RFP

You get a formatted document to circulate internally and a structured version the vendors answer against. Same questions to every vendor, so the answers come back comparable.

3

You choose who receives it

Filter the directory by category, firm type and size, then pick your list. Vendors do not see who else was invited.

4

We chase the responses

Vendors answer through a private link. Reminders go out fourteen days, five days and one day before your deadline, and stop once a vendor has answered.

5

You get the answers side by side

Every question, every vendor, in one table. Where vendors agree, where they split, which questions a vendor did not answer, and which vendors never responded at all. The comparison is computed from what they wrote.

Start one

The intake questionnaire is being built. Until it is live, email support@buysidefintech.com with your firm type, the category you are buying in, and your timetable, and we will send you the questions and run the process from there.

Your answers are private to your firm. Vendors see the questions and your requirements, never your identity, until you choose to reveal it. Browse the 717 products from 452 vendors first if you are still deciding who to invite.

Common questions about running an RFP

What does it cost to run an RFP?

Nothing. Running an RFP costs the buying firm nothing, and responding costs the vendors nothing.

Do the vendors see who my firm is?

Not until you choose to reveal it. Vendors see the questions and your requirements, never your identity, until you decide otherwise. They also do not see who else was invited.

How long does it take to start one?

About fifteen minutes. You answer a short set of questions covering what you run today, what you are replacing, your firm type and size, the instruments and markets you need covered, and your timetable. You do not start from a blank document.

How do I choose which vendors to invite?

Filter the directory of 717 products from 452 vendors by category, firm type and size, then pick your list.

What happens if a vendor does not reply?

Reminders go out fourteen days, five days and one day before your deadline, and stop as soon as that vendor has answered. The final comparison shows which questions a vendor left unanswered and which vendors never responded at all.

What do I get back at the end?

Every question and every vendor in one table, computed from what the vendors actually wrote: where they agree, where they split, and what is missing. You also get a formatted document to circulate internally.