A Request for Quote (RFQ) is a vital process for businesses seeking pricing from vendors. Learn how this system can enhance your procurement efficiency.
As small businesses and finance teams grow, managing vendor relationships and securing competitive pricing becomes a crucial priority. However, requesting quotes through traditional methods often involves cumbersome email threads, excessive phone calls, and the risk of miscommunication. Whether it’s comparing prices for supplies or services, businesses can easily become bogged down in the administrative burden, leading to delays and lost opportunities.
InvoiceRunner addresses these challenges head-on, offering a streamlined approach to handling RFQs and invoice processing. Our automation platform allows teams to monitor email inboxes for invoice attachments effectively and to handle requests for pricing efficiently, leaving more time to focus on strategic tasks and relationship-building with vendors.
By utilizing InvoiceRunner, businesses experience a significant transformation in how they manage vendors and invoices. The automation reduces human error, speeds up the pricing request process, and allows for real-time data processing, making sure that finance teams are equipped to make informed decisions faster than ever before.
Common challenges faced every day
Purpose-built invoice automation
Tangible benefits that impact your bottom line
Automating invoice processing saves significant time compared to traditional methods.
AI data extraction ensures near-perfect accuracy, overcoming common manual entry errors.
Our duplicate detection feature safeguards your finances against costly mistakes.
Instant synchronization with platforms like Xero and QuickBooks keeps everything up-to-date.
Get started quickly with a simple setup process that requires no technical skills.
Manage larger volumes of invoices and RFQs efficiently without increasing your headcount.
Everything you need to automate invoice processing
Monitor Gmail or Outlook 24/7 for invoice emails.
Never miss an invoice.
Extract vendor, dates, amounts from any format.
No templates required.
Verify calculations before syncing.
Catch errors automatically.
Sync to Xero, QuickBooks, etc.
One-click sync.
Check for duplicate invoices.
Prevent costly errors.
Match to existing vendors.
Keep vendor data clean.
Real scenarios from users like you
A local retail business needed to manage multiple vendors for inventory supplies and often varied in price. With InvoiceRunner, they automate RFQ requests, speeding up the process of price comparison.
Example: By using our email monitoring feature, they saved over 15 hours a month.
An e-commerce platform frequently requires price quotes for packaging suppliers. InvoiceRunner enabled them to track RFQs systematically and manage vendor responses efficiently.
Example: Now they can respond to pricing much quicker, increasing efficiency.
In a construction project, multiple invoices are generated and quotes requested from various subcontractors. InvoiceRunner helped them manage this intricate process.
Example: They reported a decrease in errors thanks to automatic invoice validation.
A marketing firm found it difficult to keep track of vendor quotes for digital marketing campaigns. Implementing InvoiceRunner allowed them to consolidate and track quotes effectively.
Example: They saved valuable budget by preventing duplicate payments.
InvoiceRunner is designed to work with your existing tools
Link your Gmail or Outlook account securely.
Connect to your accounting software with one click.
InvoiceRunner extracts data automatically.
Draft bills appear for your review.
Seamless integration with popular platforms
“InvoiceRunner has transformed our vendor management process. We can now request quotes with ease and see significant time savings.”
“As a growing construction firm, managing multiple RFQs was challenging. InvoiceRunner has helped streamline this process remarkably.”
Most users are up and running in under 5 minutes.
PDF, images (JPG, PNG), and scanned documents.
We use bank-grade encryption and never sell your data.
All invoices are created as drafts for your review.
Xero, QuickBooks, Zoho Books, FreshBooks, and Sage.
Yes! 10 free extractions, no credit card required.
Join businesses saving hours every week with InvoiceRunner.
Start Free TrialInvoiceRunner automates the tedious parts of accounts payable.