Compare the Top RFQ Software as of October 2026

What is RFQ Software?

RFQ (Request for Quotation) software streamlines the process of soliciting and managing quotes from vendors or suppliers for products or services. It enables businesses to create, distribute, and track RFQs while consolidating responses for easy comparison. These tools often include features like customizable templates, communication tracking, and analytics to ensure a transparent and efficient procurement process. By automating tasks and providing a centralized platform, RFQ software helps organizations save time, reduce costs, and improve decision-making. It is particularly valuable in industries with complex supply chains or frequent vendor interactions. Compare and read user reviews of the best RFQ software currently available using the table below. This list is updated regularly.

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    Prokuria

    Prokuria

    Prokuria

    With Prokuria's cloud-based platform, you can streamline your procurement process and save time without compromising on quality or customizations that match each team’s needs perfectly! The intuitive interface makes it simple for any size business to use. Prokuria helps companies ease the procurement, purchase, and supplier management process through time and cost-saving solutions: 1. RFIs, RFPs, RFQs 2. Reverse Auctions for big impact 3. Requisition & Approvals 4. Supplier Management for utmost efficiency 5. Purchase Orders made interactively 6. Contract repository 7. Supplier Price Monitoring 8. No-Code for Procurement. User-friendly procedures boosting internal collaboration, alignment with stakeholders, and speed of business. With Prokuria, the procurement process is both modern and efficient. We use several different approaches to achieve this goal with a focus on: -Ease of use -Free-trial for you to test it -Fast implementation -In-depth customizations
    Starting Price: €15.00/month/user
  • 2
    DeepStream

    DeepStream

    DeepStream Technologies

    Create and manage your RFPs, RFQs, and RFIs in DeepStream's cloud-based platform - giving you the power to save time, reduce spend, and transact with confidence. With DeepStream you can finally save your procurement team from wasting their time running source-to-contract processes using manual tools, and get them back to strategic work that will add business value. As a best-of-breed e-sourcing platform, we are poised to help teams move from business requirements to awarding suppliers and managing contracts - plan your RFx processes and invite, assess, and negotiate with suppliers all within our cloud-based platform. Create contracts from your awarded Requests and experience efficient and auditable source-to-contract processes. Tell us your requirements, hit search and explore a list of new suppliers in just minutes. ‍
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