RFQ comparison for SaaS vendors

A software request is a list of must-haves, answered before price is read.

Software vendors answer a request in their own packaging: plans, seats, modules, add-ons, term. Without a must-have list that each vendor has to answer line by line, the proposals describe different products. This page explains how a requirements request is written for software vendors and how the proposals you receive are read against it.

Must-have listGatingRenewal termsData terms
The research question

Which requirements are non-negotiable, and which vendors answer them?

The request separates must-haves from preferences and asks each vendor to answer every must-have with yes, partly or no, naming the plan or module that provides it. Proposals are read against that list first; a vendor that fails a must-have is shown as such and its price is not placed in the main comparison.

Items a vendor answers as roadmap or planned are shown as not available now.

What the request asks every vendor to state

What the request asks every vendor to state

Coverage of each must-have

Yes, partly or no, with the plan or module that provides it.

Price for the scope quoted

The plan and quantity the vendor priced, so that differing scopes stay visible and are not merged.

Term and renewal

Minimum term, notice and how the price can change at renewal, as written.

Data handling

Export formats, where data is held and how it is returned at exit, as the vendor describes it.

Support

Channels and response arrangements the vendor states, not assessed by us.

Security documents

Which documents the vendor can provide, listed and left for your own reviewer.

Where cases differ

Where cases differ

A small company choosing one tool

Few vendors, so the must-have list does most of the work and the written answers are read against it.

A team renewing and testing the market

The current contract is a baseline row; renewal terms are compared against it.

A company that must keep its records exportable

Export format and exit terms become a must-have row, and a vendor that does not state them is marked unavailable.

Step by step

How the comparison runs

01

Write requirements

Must-have, preferred and out-of-scope, each in one line, agreed with you.

02

One request for every vendor

The drafted request carries the same must-have list for each vendor you choose.

03

Gate on the must-haves

Each answer is read against the list; failures and roadmap answers are separated from vendors that meet it today.

04

Summarise with assumptions

Each answer labelled verified fact, inference, unavailable or client-provided, with the points to put back to a vendor.

The service

RFQ and Supplier Comparison

Who it is for
Buyers collecting quotes who need a clean request and a like-for-like comparison of the answers
The problem it solves
Quotes arrive in different formats, units and terms and cannot be compared; the request itself leaves gaps
What we need from you
  • specification and quantities
  • suppliers or shortlist
  • quotes received, if any
  • comparison criteria and weighting
How it works
  • requirements agreed
  • RFQ drafted
  • quotes normalised and compared
  • comparison and summary delivered
What you receive
An RFQ document and a comparison matrix: quotes normalised to a stated basis, gaps and missing terms flagged, a weighted comparison and a recommendation summary with its assumptions
Included
  • RFQ drafted from your specification
  • quote collection framework
  • normalisation and like-for-like comparison
  • gaps and missing terms flagged
  • recommendation summary with assumptions
Not included
  • negotiating or placing orders
  • regulated public tendering or bid submission
  • freight quotes or landed-cost calculation
  • legal contract review
  • guaranteeing a supplier's performance
Timing
Confirmed when your request is accepted.
What LATYNEX does
  • agree requirements
  • draft the RFQ
  • normalise and compare quotes
  • write up the summary
Price
Confirmed when your request is accepted.
Good to know

What this is, and isn't

Research reports what can be established from public and provided sources. It is not a guarantee about a counterparty's future conduct and not legal advice.

FAQ

Frequently asked questions

Do you assess vendor security?+

No. We list the documents vendors offer; assessment belongs with your own security or legal reviewer.

Can you negotiate the contract?+

No. Negotiation and contract review are outside the service.

What if a vendor answers only with a link to its pricing page?+

The answer is logged with that source. Where the page shows no figure for the quantity asked about, the vendor's price is marked unavailable.

Request

Tell us what you need.

No obligation. We read your request and reply with a straight answer.

Research

Know the counterparty before you commit.

Tell us what you need to find out and by when. We confirm scope before any work starts.

Request research