With Purchasing, you can:
Identify requisitions that require supplier quotations and automatically create an RFQ.
Create an RFQ with or without approved requisitions so that you can plan ahead for your future procurement requirements.
Record supplier quotations from a catalog, telephone conversation, or response from your request for quotation. You can also receive quotations electronically.
Review, analyze, and approve supplier quotations that you want available to reference on purchase orders and requisitions. You are also able to evaluate your suppliers based on quotation information.