TrustRadius: an HG Insights company

OpenText RFx Center

Score8 out of 10

1 Reviews and Ratings

What is OpenText RFx Center?

OpenText RFx Center enables enterprises to automate, manage, and monitor their RFI, RFQ, RFP, and other procurement processes. Leveraging OpenText™ AppWorks, this procurement management solution is designed to manages all aspects of the procurement process: streamlining advertisement of business opportunities, proposal submission, evaluation, negotiation, award and purchase order creation.

Categories & Use Cases

Procurement solutions for SMB organizations!

Use Cases and Deployment Scope

I consult fortune 2000 companies for managing business processes. Opentext RFx is a bid management solution which empower organization to make their procurement processes smooth. It also enables organization to monitor spend, manage vendor relationship and automate multiple procurement processes. It also enables the leadership to have excellent analytical information to take the right decision with the insight available from it.

Pros

  • Monitor procurement spend.
  • manage Supplier relationship.
  • Integrate with ERPs like SAP.
  • Analytics of procurement trends.

Cons

  • Integration with ERP products like SAP.
  • UX User experience.
  • Custom procurement processes.
  • Product support.

Most Important Features

  • Ent to End covering SMB organization's procurement solutions.
  • Very good UX.
  • Supplier relationship management.
  • Procurement automation.

Return on Investment

  • Efficient procurement process.
  • Easy vendor/supplier management.
  • Faster implementation.

Alternatives Considered

Coupa and SAP Ariba Procurement

Other Software Used

SAP Ariba Procurement, Coupa