Fourth Procurement and Inventory vs. RFP360

Overview
ProductRatingMost Used ByProduct SummaryStarting Price
Fourth Procurement and Inventory
Score 8.0 out of 10
N/A
Fourth Procurement and Inventory is software that ties together procurement, 3-way matching, inventory and recipe control. It’s fully integrated, mobile-friendly and can be accessed with a single login. Using predicted sales functionality and analytics, it lets the user forecast demand more accurately.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
Fourth Procurement and InventoryRFP360
Editions & Modules
No answers on this topic
No answers on this topic
Offerings
Pricing Offerings
Fourth Procurement and InventoryRFP360
Free Trial
NoYes
Free/Freemium Version
NoNo
Premium Consulting/Integration Services
YesYes
Entry-level Setup FeeNo setup feeNo setup fee
Additional DetailsPricing is based on use case and client requirements.
More Pricing Information
Community Pulse
Fourth Procurement and InventoryRFP360
Top Pros
Top Cons
Features
Fourth Procurement and InventoryRFP360
Proposal Creation & Organization
Comparison of Proposal Creation & Organization features of Product A and Product B
Fourth Procurement and Inventory
-
Ratings
RFP360
9.0
5 Ratings
12% 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
Fourth Procurement and Inventory
-
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
Fourth Procurement and Inventory
-
Ratings
RFP360
9.7
3 Ratings
19% above category average
Proposal content tracking00 Ratings9.73 Ratings
Best Alternatives
Fourth Procurement and InventoryRFP360
Small Businesses
Webgility
Webgility
Score 9.8 out of 10
QuoteWerks
QuoteWerks
Score 9.3 out of 10
Medium-sized Companies
QuickBooks Desktop Enterprise
QuickBooks Desktop Enterprise
Score 8.3 out of 10
QuoteWerks
QuoteWerks
Score 9.3 out of 10
Enterprises

No answers on this topic

Conga CPQ
Conga CPQ
Score 8.3 out of 10
All AlternativesView all alternativesView all alternatives
User Ratings
Fourth Procurement and InventoryRFP360
Likelihood to Recommend
7.4
(4 ratings)
9.0
(5 ratings)
Likelihood to Renew
-
(0 ratings)
10.0
(1 ratings)
Usability
-
(0 ratings)
10.0
(1 ratings)
Support Rating
7.5
(4 ratings)
10.0
(1 ratings)
Implementation Rating
-
(0 ratings)
10.0
(1 ratings)
User Testimonials
Fourth Procurement and InventoryRFP360
Likelihood to Recommend
HotSchedules and Fourth
The product is user-friendly in automating the tasks, managing the master data through central purchasing, and creating custom reports. It lacks certain basic functionalities like a record of wastages, sending automated emails confirming if the automatic tasks (scheduled tasks) have been completed or not, and the ability to automate the nutrition information, etc.
Read full review
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
HotSchedules and Fourth
  • The 'stock management' tab on the home screen is of particular use when keeping tabs on incoming deliveries into the restaurant.
  • The option to open and close your stock period is great as you have the chance to edit your stock at a moment's notice.
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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
HotSchedules and Fourth
  • It would help massively to see via Enterprise and menu items what ones are no longer active, to keep the data tidy.
  • When you take purchase reports from Enterprise and select to organise them by category, show the name of the category on the actual report download.
  • Quick and easy upload/download of supplier products for correcting prices, descriptions, prices in bulk.
Read full review
Responsive (formerly RFPIO)
  • Handle PowerPoint Templates
  • Detect duplicates before saved
  • Nothing else
Read full review
Likelihood to Renew
HotSchedules and Fourth
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
HotSchedules and Fourth
No answers on this topic
Responsive (formerly RFPIO)
Very easy to navigate and use. Very intuitive user interface
Read full review
Support Rating
HotSchedules and Fourth
Too long to get an answer.
Read full review
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.
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Implementation Rating
HotSchedules and Fourth
No answers on this topic
Responsive (formerly RFPIO)
onboarding and training were great
Read full review
Alternatives Considered
HotSchedules and Fourth
No answers on this topic
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
HotSchedules and Fourth
  • Procurement: Integrating some of the key suppliers with Trade Simple has saved labour hours.
  • Integration: GL Integrations have increased the efficiency and quality of data.
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

Fourth Procurement and Inventory Screenshots

Screenshot of Screenshot of Screenshot of

RFP360 Screenshots

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