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| Aestiva Announces New RFQ Software Product Aestiva Software announces the release of Aestiva RFX, a next-generation browser-based software product that sets a new standard for end-to-end Request-For-Quote (RFQ) management. Aestiva RFX manages RFQs, giving purchasing managers and supply chain management organizations a new level of control, analytics, and spending visibility. A browser-based product, Aestiva RFX lets buyers streamline tasks for managing supplier quotes and other kinds of information. Aestiva RFX includes a supplier portal for exchanging RFX's (RFIs, RFQs, RFPs) and associated information between vendors and buyers via the web. Aestiva RFX's intuitive "point-and-click" design with built-in spreadsheets makes for quick buyer acceptance and requires no supplier training. Aestiva RFX's analytics and reporting tools, automated email reminders, RFX archiving and other features give companies enterprise-wide visibility into purchasing so they can pinpoint cost savings opportunities and increase controls. Aestiva RFX comes at an opportune time. A recent market survey by Aberdeen Group found that over 50% of companies rely on manual tools to collect and analyze purchasing data, reducing their visibility into savings opportunities. According to the report on supply chain management, "Research has shown that enterprises have been able to achieve a 5% to 20% cost savings for each new dollar of spend brought under management." Aestiva RFX dramatically increases buyers' efficiency by replacing manual processes so buyers have more time focus on better purchase decisions. Until now, the most powerful e-procurement systems on the market have been affordable only to large companies. Aestiva RFX makes an even more powerful system affordable to small firms. Unlike most competing systems, Aestiva RFX handles even the most complex requests using its built-in browser-based spreadsheet technology. Aestiva RFX is installed on standard servers. Users access it with virtually any user PC (Windows, Mac, Linux) with a browser connected to the server via the Internet or an Intranet. write your comments about the article :: © 2008 Computing News :: home page |