Forrester logo
Ivalua - Banner

RFX


Glossary

What is RFX?

RFX, or Request for “X”, is a term denoting various electronic inquiries, commonly referred to as “eRfX”. In this context, the ‘X’ acts as a placeholder for specific offers related to goods, products, services, or information. Organizations utilize eRfX tools to systematically request and gather conditions from a diverse array of suppliers. This methodical approach enables buyers to solicit and compare structured responses, streamlining the evaluation process and aiding in informed decision-making.

Learn more about Ivalua’s Sourcing Software Solutions.

Interested in Learning More About Ivalua?