For the CPO & Director of Procurement
The Procurement's Guide to RFQs & Sourcing
Last updated July 2026
To automate RFQs and sourcing, capture the request, benchmark it against fair market value, compare supplier options, and produce a quote in minutes instead of days. Maintained drafts the quote and flags any price above fair value; your team approves before it goes out.
What you're measured on
Speak in spend under management, percent on-contract, cost avoidance, and PO cycle time.
- Cost savings / avoidance
- PO cycle time
- % spend under contract
- Maverick-spend rate
Where the value is
- Compress RFQ cycles from days to minutes
- Benchmark every quote against fair market value to flag overpriced buys
- Compare supplier options and internal surplus in one pass
- Cut maverick and off-contract tail spend
The pains this removes
- Maverick and off-contract spend at 20–30% of indirect
- Slow RFQ and quote cycles
- Paying above fair market value with no benchmark
- Tail-spend leakage nobody is watching
The numbers behind it
Frequently asked questions
How should a Procurement approach automate RFQ and sourcing process?
Speak in spend under management, percent on-contract, cost avoidance, and PO cycle time. To automate RFQs and sourcing, capture the request, benchmark it against fair market value, compare supplier options, and produce a quote in minutes instead of days. Maintained drafts the quote and flags any price above fair value; your team approves before it goes out.
What outcome should a Procurement expect?
Quote in minutes, not days — and never overpay again. Compress RFQ cycles from days to minutes
See what your inventory is really costing you.
Tell us where the cash is trapped — excess stock, idle surplus, slow RFQs — and we'll show you the outcome Maintained can unlock.