Smart RFQ

Tell us what you need.
Ynance helps you find relevant suppliers.

Ynance turns your purchase requirements into a standardized RFQ, helps you invite current and relevant alternative suppliers, normalizes every response, and recommends what to buy from whom.

Product matching · Supplier discovery · Quote collection · Purchase recommendations

app.ynancelabs.com/rfq/august-2026

August purchasing needs

84

products

8

suppliers invited

6

quotes received

$1,846

potential savings

Recommended purchasing plan

Hudson Valley

31 products

Atlantic

38 products

Metro — new

15 products

Recommended purchasing plan ready

$1,846
The manual process

Requesting quotes is easy. Comparing them is not.

You send one clean list. What comes back are spreadsheets, PDFs, emails, and text messages containing different product names, brands, case packs, units, payment terms, and missing lines. Before you can compare prices, you first have to rebuild and normalize every response by hand.

672 prices
84 products × 8 suppliers
4 different formats
Spreadsheets, emails, text messages, and PDFs in the same RFQ
Every line rechecked
Brand, package, unit, availability, and commercial terms
  1. Send the RFQ
  2. Suppliers respond
  3. Rebuild the comparison

The same four products are sent to three suppliers.

What you sent · August

California Olive Ranch extra-virgin olive oil, 1-gal jug × 24

Dishwasher detergent, 5-gal pail × 8

Bottled water, 24-pack × 40

Paper towels, 12-roll pack × 16

Invoice-backed RFQ

Ynance already knows what you buy.

Once Ynance has read your invoices, each line is connected to a standardized product with a known brand, package, unit, and case pack. When you create an RFQ, you do not have to define the same items again—Ynance builds the request from your purchasing data so every supplier receives the same requested specification.

No re-entry
Your requirements list uses standardized products created from invoices already processed by Ynance.
Standard units
Cases, jugs, packs, and individual units are converted into comparable units.
Brand control
An alternative brand is identified clearly instead of being presented as an exact match.

As listed on invoices

EVOO COR 1GAL JUG
CAL OLIVE RANCH EVOO 1 GAL
4X1GAL COR EVOO

RFQ line sent to suppliers

Product
Extra-virgin olive oil
Brand
California Olive Ranch
Specification
1-gal jug
Quantity
24 jugs
Delivery date
Aug 22
Payment terms
Net 30

Every supplier receives the same product specification, quantity, and requested commercial terms.

Supplier discovery

Go beyond the suppliers you already know.

Your current supplier may not offer the best price or terms for every product. Ynance evaluates suppliers by category, service area, product and brand fit, minimum-order requirements, delivery, and payment terms—then shows commercially suitable alternatives alongside your current suppliers.

  1. Check fit
  2. Shortlist
  3. Invite

Ynance checks category coverage, service area, product and brand fit, minimum-order requirements, lead time, and payment terms.

Relevant suppliers

  • Category coverage
  • Service area
  • Product and brand fit
  • Minimum order
  • Delivery
  • Payment terms
  • Hudson Valley Foodservice

    Current
    Request coverage
    94%
    Brand match
    Exact
    Delivery
    1 day
    Payment terms
    Net 30
  • Atlantic Provisions

    Recommended
    Request coverage
    88%
    Brand match
    Exact
    Delivery
    2 days
    Payment terms
    Net 45
  • Metro Supply Co.

    Review
    Request coverage
    100%
    Brand match
    Alternative brands
    Delivery
    1 day
    Payment terms
    Net 15

At the time of purchase, Ynance shows relevant alternatives alongside the suppliers you already use.

app.ynancelabs.com/rfq/quote/s8k2

Secure supplier quote page

Submit your quote

Harborview Hotel

California Olive Ranch extra-virgin olive oil — 1-gal jug

24 jugs

Unit price

Dishwasher detergent — 5-gal pail

8 pails

Unit price

Bottled water — 24-pack

40 cases

Unit price
Line notes
Attach a supporting file — optional

A separate, secure quote link is created for each supplier.

No Ynance account is required. The supplier opens the link, enters prices, adds notes or a supporting file, and submits the quote.

Compare and decide

Choose the best buy— not simply the lowest price.

Ynance converts every quote into common units, flags brand and package differences and missing lines, compares each offer with the last price you paid, and recommends the best supplier for each product.

California Olive Ranch olive oil, 1 gal

Atlantic

Last paid $41.50

Hudson Valley

$40.80
Exact match

Atlantic

$40.00

Converted from a 4 × 1-gal case

Best comparable offer

Metro — new

$37.20

Filippo Berio · Different brand

Different brand

Dishwasher detergent, 5 gal

Metro

Last paid $86.00

Hudson Valley

$83.00

Atlantic

$81.50

Metro — new

$76.00

New supplier

Best comparable offer

Bottled water, 24-pack

Hudson Valley

Last paid $7.99

Hudson Valley

$7.10
Best comparable offer

Atlantic

Not quoted

Metro — new

$7.40

All offers are compared on the same tax, delivery, and payment-term basis.

Recommended purchasing plan

Hudson Valley

31 products

Atlantic

38 products

Metro — new

15 products

Based on comparable products, delivery requirements, minimum orders, and payment terms.

Estimated savings compared with previous purchase prices: $1,846

Run your next RFQ with Ynance.

Collect comparable quotes from current and relevant alternative suppliers, then see what to buy from whom—all in one place.

Talk to us