--- title: RFx software: Definition and How It Works | Aavenir url: https://aavenir.com/glossary/rfx-software/ description: RFx software runs requests for information, proposal and quotation in one system, with templates, supplier responses, scoring and side by side comparison. updated: 2026-11-07 --- [Home](https://aavenir.com/) / [Resources](https://aavenir.com/resources/) / [Glossary](https://aavenir.com/glossary/) / RFx software Glossary # What is RFx software? RFx software runs requests for information, proposal and quotation in one system, with templates, supplier responses, scoring and side by side comparison on a central record. ## What RFx means RFx is the umbrella term for the requests procurement sends to the market: - **Request for information.**learn about the market and possible suppliers. - **Request for proposal.**ask how suppliers would solve a need and on what terms. - **Request for quotation.**ask for prices on defined goods or services. ## What the software does It automates the RFx process on a central data repository. Typical tools include workflow and approvals, templates for standard questionnaires and pricing, a supplier portal for responses, questions and clarifications, survey support, scoring and side by side reporting. ## Benefits - **Speed.**reusable templates and automated reminders. - **Fair comparison.**every supplier answers the same questions in the same format. - **Audit trail.**a record of who submitted what and when. - **Better decisions.**scoring and analysis in one place. ## How Aavenir handles it [RFPflow](https://aavenir.com/solutions/rfp-management-software/) runs requests for information, proposal and quotation on one record, with a supplier portal, Aavenir AI scoring and summaries, and an award that drafts the contract. It runs natively on [ServiceNow](https://aavenir.com/built-on-servicenow/) or standalone. ## Keep reading [Request for proposal A request for proposal (RFP) is a formal document that invites qualified suppliers to propose a solution to a defined... Read more](https://aavenir.com/glossary/request-for-proposal-rfp/)[Request for quotation A request for quotation (RFQ) is a process in which a company or public body asks suppliers to quote prices and terms for... Read more](https://aavenir.com/glossary/request-for-quotation/)[Bid analysis Bid analysis is the process of evaluating and comparing supplier bids received in a sourcing event against set criteria such... Read more](https://aavenir.com/glossary/bid-analysis/) Frequently asked questions (FAQ) ## Common questions ### ### What is the difference between RFx software and e-sourcing? They overlap. RFx software focuses on running requests to suppliers. E-sourcing is a broader term that can also include auctions, supplier discovery and award analysis. [Read about e-sourcing](https://aavenir.com/glossary/e-sourcing/). ### ### Who uses RFx software? Procurement and sourcing teams use it to run events, business stakeholders to score responses, and suppliers to respond through a portal. Legal may join when contract terms are part of the request. [See RFPflow](https://aavenir.com/solutions/rfp-management-software/). ### ### Can AI score RFx responses? AI can read responses, check them against requirements, score and summarize them, and flag gaps. People should review the scores and make the award. [Read about bid analysis](https://aavenir.com/glossary/bid-analysis/). Have a question we have not answered? [Ask the Expert](https://aavenir.com/contact/) Schedule a demo ## See your contracts run on one record. - **1****A 30 minute walkthrough**Built around your team, whether that is procurement, legal, IT or finance. - **2****Your contracts, not ours**Bring a few sample agreements and watch Aavenir AI extract and review them. - **3****ServiceNow or standalone**We show the deployment that fits the systems you already run. Prefer to talk first? [Contact the team](https://aavenir.com/contact/). The form did not load. [Contact the team](https://aavenir.com/contact/) instead, or refresh the page.