About this white paper
For those in sourcing and procurement roles, it likely comes as no surprise that some amount of RFIs and RFPs are still handled through the shuffling of Microsoft® Excel® spreadsheets and other desktop tools. Over the years, organizations have increasingly invested in eSourcing or Procurement Suites (either as part of a larger ERP application or as stand-alone suites) to provide a better enterprise solution to improve the productivity, efficiency, visibility and results of supplier sourcing. Despite those investments, the extent of Excel use for RFI/RFP creation, bid collection, and analysis remains stunning – creating what we call “The Suite Spot” where spreadsheets are turned to instead of the available suite solutions. This paper reveals market research findings in this area, identifies root causes, and highlights how a best-in-class eSourcing tool like CombineNet can augment suite solutions to reduce spreadsheet reliance and improve eSourcing adoption and results.
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