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Consider this your required reading for all things sourcing and procurement. Check in every week for industry insights, in-depth analysis, expert perspectives, and the latest news from the sourcing world on the Scout Blog.

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Running an RFP is necessary, but now it’s easy!

I know you read that headline and thought, “Running a request for proposal (RFP) is painful! I hate it!” I know. Been there, suffered that, too. Yet despite the hassle, RFPs are generally worth it since they produce significant benefits, such as cost savings. On average, we’ve had clients report baseline cost reductions of 10%… read more

Stan Garber | Tags: , ,

We built Scout RFP to be used!

Before we created Scout RFP, we personally surveyed executives and buyers from 300 companies to see if there was a real market need for a cloud-based RFP solution. We asked tough questions, such as whether companies really wanted our solution. And if they said they wanted it, we pressed further by asking if they’d really… read more

6 Reverse Auction Do’s and 1 Big Don’t

We recently surveyed over 30 buyers to get a top list of what they consider to be key in running a successful reverse auction. Below is the most common advice we kept hearing from the study group. Do’s: Do: Run an RFI beforehand to make sure you’re getting an Apples to Apples comparison. Do: Get… read more

CIOs & eSourcing: A Wonderful Combination

CIOs and eSourcing are made for each other.  No, not because CIOs seem to always be spending money but because they obsess over data. Conventionally run sourcing events (RFPs, RFIs, RFQs), which are typically done through email and spreadsheets, cannot later be mined for pricing analytics, supplier data, stakeholder analysis or any number of other vital stats…. read more

Sourcing in the Cloud Just Makes Sense

Not long ago, to hear someone say they “work in the cloud” sounded looney. Today, that phrase signifies a progressive business that uses a flexible, accessible-from-anywhere computing solution that outperforms traditional office-based systems. It’s also a good sign your business should, too. Here’s why: Lower cost: Cloud computing solutions (a.k.a. “software as a service” or… read more

Why Painless RFPs is a Noble Mission

People ask us all the time how we can be so passionate about Painless RFPs here at Scout RFP. Sure, part of it is that we’ve gone through the agony of filling out MANY RFPs in our day. We definitely want to make sure that if we ever end up on the business end of… read more

Scout RFP just got funded!

We’re excited to announce that Scout RFP has raised financing from leading venture capital firms New Enterprise Associates (NEA), Google Ventures, Zapis Capital and a group of amazing angels (Richard King, Howard Mandel, Morris Wheeler, Jason Payne, Gavin Turner, Techammer, & Tim O’Shaughnessy). Today’s press release chronicles the funding details, but what really makes this milestone… read more