Coupa vs. RFP360

Overview
ProductRatingMost Used ByProduct SummaryStarting Price
Coupa
Score 7.4 out of 10
N/A
Coupa’s cloud-native Business Spend Management (BSM) platform provides end-to-end processes that helps drive collaboration across for every business leader from supply chain, procurement, finance, treasury, compliance, and IT and supply chain leaders to help their companies to get the visibility and control they need to spend smarter, mitigate risk, and improve resilience. A unified platform approach frees up IT from complex integrations to help leaders deliver on these goals.N/A
RFP360
Score 9.0 out of 10
N/A
RFP360, from Responsive (formerly RFPIO) is used by organizations to request information, respond to requests and connect, aiming to make the RFP and proposal process more efficient, effective, collaborative, consistent and repeatable for everyone.N/A
Pricing
CoupaRFP360
Editions & Modules
No answers on this topic
No answers on this topic
Offerings
Pricing Offerings
CoupaRFP360
Free Trial
NoYes
Free/Freemium Version
NoNo
Premium Consulting/Integration Services
NoYes
Entry-level Setup FeeNo setup feeNo setup fee
Additional DetailsPricing is based on use case and client requirements.
More Pricing Information
Features
CoupaRFP360
Proposal Creation & Organization
Comparison of Proposal Creation & Organization features of Product A and Product B
Coupa
-
Ratings
RFP360
9.0
5 Ratings
13% above category average
Proposal templates00 Ratings8.24 Ratings
Proposal content library updates00 Ratings9.25 Ratings
Guided proposal creation00 Ratings8.74 Ratings
Searchable proposal database00 Ratings9.85 Ratings
Proposal Collaboration & Workflow
Comparison of Proposal Collaboration & Workflow features of Product A and Product B
Coupa
-
Ratings
RFP360
9.5
5 Ratings
16% above category average
RFP management & response00 Ratings9.85 Ratings
Proposal collaboration & approval00 Ratings9.65 Ratings
User permissions/proposal editing controls00 Ratings9.54 Ratings
Sales proposal workflow00 Ratings9.33 Ratings
Proposal automation user interface00 Ratings9.33 Ratings
Proposal Delivery
Comparison of Proposal Delivery features of Product A and Product B
Coupa
-
Ratings
RFP360
9.7
3 Ratings
20% above category average
Proposal content tracking00 Ratings9.73 Ratings
Best Alternatives
CoupaRFP360
Small Businesses
MIP Fund Accounting
MIP Fund Accounting
Score 8.7 out of 10
QuoteWerks
QuoteWerks
Score 9.2 out of 10
Medium-sized Companies
Esker
Esker
Score 8.9 out of 10
QuoteWerks
QuoteWerks
Score 9.2 out of 10
Enterprises
Oracle Fusion Cloud ERP
Oracle Fusion Cloud ERP
Score 8.1 out of 10
Conga CPQ
Conga CPQ
Score 7.9 out of 10
All AlternativesView all alternativesView all alternatives
User Ratings
CoupaRFP360
Likelihood to Recommend
5.5
(25 ratings)
9.0
(5 ratings)
Likelihood to Renew
-
(0 ratings)
10.0
(1 ratings)
Usability
-
(0 ratings)
10.0
(1 ratings)
Support Rating
-
(0 ratings)
10.0
(1 ratings)
Implementation Rating
-
(0 ratings)
10.0
(1 ratings)
User Testimonials
CoupaRFP360
Likelihood to Recommend
Coupa Software
I am new to customer-supplier portals in my career. I use several different ones in my current role, including Ariba and Tipalti. To be honest, I don't really enjoy the user experience of any of them. I can see how larger companies may benefit from their services but for my current role submitting invoices on them and filling out vendor information requests seems somewhat clunky to me. When I'm in Coupa, the easiest, most non-clunky process for me is when I'm successfully connected with a customer who has successfully created their purchase order and I can easily upload my invoice to said PO. To me, emailing customer invoices directly to the customer from our invoicing system seems like the easier route of delivering an invoice. I suppose it is helpful and reassuring to know that an invoice has been successfully uploaded into a company's system rather than waiting to find out if your emailed invoice made it to the correct department for payment processing.
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Responsive (formerly RFPIO)
In my opinion, RFP360 is well suited for any mid-to-large-scale RFP/Search project. It is probably overkill for smaller, less extensive projects, and time required for setup might outweigh any potential efficiencies.
Read full review
Pros
Coupa Software
  • Coupa is easy to use, however, we had to teach our end users about procurement. They are not used to conducting an RFP, onboarding a supplier, or preparing a PO. This is the change management that our employees had to be prepared to understand. The Shelby Group helped us with the implementation.
  • The hardest part was the integration between NetSuite and Coupa. We wanted to have a dynamic tight integration between the two solutions. If we adjusted the chart of accounts or added a new supplier we wanted it to be able to done in both systems and be available immediately in both systems. We used a partner called SuiteSkies to accomplish this dynamic integration.
  • We’ve been able to manage the implementation and maintenance with a very lean IT group.
Read full review
Responsive (formerly RFPIO)
  • Sleek, modern design
  • Fast to use
  • Efficient
  • CSM team walking you through steps
  • Upload past RFPs to pick and pull
Read full review
Cons
Coupa Software
  • Support Team - A little slow in responding. I think the tool is so configurable that they struggle with figuring out what is causing certain issues that are being submitted on the portal.
  • I'd love for the Sourcing Module to be able to support larger events. There seems to be a limit on the number of lines each event can support and as a growing retailer, our store count dictates we have room to grow and that each store is represented in the bid process.
  • Would like to see the ability to issue multiple POs for a single item to multiple locations. The tool may do this but I know I can't and it may be due to how we interface with our ERP.
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Responsive (formerly RFPIO)
  • Handle PowerPoint Templates
  • Detect duplicates before saved
  • Nothing else
Read full review
Likelihood to Renew
Coupa Software
No answers on this topic
Responsive (formerly RFPIO)
This tool has been fantastic as we have revamped our RFP process. We are much faster and far more efficient.Our win rate is up, but I am not 100% sure this is the cause, but I love to see it. The customer support and training are also fantastic. Thumbs up!
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Usability
Coupa Software
No answers on this topic
Responsive (formerly RFPIO)
Very easy to navigate and use. Very intuitive user interface
Read full review
Support Rating
Coupa Software
No answers on this topic
Responsive (formerly RFPIO)
Excellent support during the training process. Since we were onboarded, we have not had too many questions, but when we did, they were answered promptly and thoroughly. We have been very satisfied.
Read full review
Implementation Rating
Coupa Software
No answers on this topic
Responsive (formerly RFPIO)
onboarding and training were great
Read full review
Alternatives Considered
Coupa Software
Concur was a lot easier and more user friendly for employees doing expense reports on their phone. That is not the case with Coupa. You must use your laptop to do expenses and our managers don't always have enough time to do that while out in the field working. This has caused some issues.
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Responsive (formerly RFPIO)
I was not involved in the process of selecting RFP360 for our firm, so I am largely unfamiliar with competitors. I am, however, quite pleased with RFP360 as a user, and am confident that my colleagues who were responsible for making the decision were thorough and discerning.
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Return on Investment
Coupa Software
  • It has allowed for proper processing of expenses tied directly to the proper LOB and GL Codes
  • Has taken the guesswork away and allowed for the proper budgets to be hit and reconciled
  • Ease of use has led to mass adoption and more prompt processing of expenses
Read full review
Responsive (formerly RFPIO)
  • Quicker RFP turnaround time leads to money saved.
  • Better RFP responses lead to more closed business.
  • Better team alignment lead leads to high efficiency.
Read full review
ScreenShots

Coupa Screenshots

Screenshot of Transform your company’s supply chain planning from running one-off projects to a consistent and repeatable process.Screenshot of Efficiently capture data for apples-to-apples comparisons of suppliers across business requirements, risk factors, ESG, and costs to find the best solution.Screenshot of Understand supplier relationships, ensure that the right mitigation is in place, and onboard suppliers. Use trusted data services, Community.ai, and performance feedback to spot risk and optimize relationships over time.Screenshot of Bring the results of sourcing events and risk vetting together to quickly formalize agreements without costly omissions or delays.Screenshot of Give users an easy experience for all types of goods, services, and contingent worker needs while bubbling up ESG and other favored suppliers. Streamline budget checks and approvals simple emails to get move spend pre-approved, on-contract, and under control.Screenshot of Give suppliers a variety of options for submitting e-invoices — all without fees and in compliance with VAT and global regulations. Boost supplier adoption of e-invoicing by giving visibility into status of invoice approval and digital payments.

RFP360 Screenshots

Screenshot of Proposal responders dashboard.Screenshot of Proposal scoring dashboard, for proposal issuers.Screenshot of RFP responders landing page.