Quotation comparison software with an automatic comparative statement

Three quotes, one phone call

Most purchase teams know they should get three quotes. In practice the enquiry goes on WhatsApp to whoever answers first, quotes return in five formats, and someone builds an Excel sheet late at night.

When comparison is this much effort, it gets skipped for urgent orders and small items, exactly where rates creep up.

Quotes in one format

The enquiry goes out from an approved indent through RFQ software, and vendors quote online in one format, so no one re-types rates.

The comparative statement builds itself

Once quotes are in, the comparative statement is ready: vendors side by side, the lowest rate per item marked, your last purchase rate beside it. The approver sees it on their phone before deciding.

It is included, like every other feature.

A decision you can explain later

The comparative statement stays attached to the purchase order. Months later, in an audit or a dispute, anyone can open the PO and see every quote and why this vendor won.

Vendor history that improves every enquiry

Every quote stays on record. When an indent comes in for the same item, IndustryPrime suggests the vendors who supplied it before. See how comparison and rate checks work together on reducing purchase cost.

Start with the format, move to the software

Comparing by hand today? Use our free comparative statement format in Excel, or book a demo to run a comparison on your own items.