RFQ & Deals – Turn Inquiries into Real Orders
With Finnid's RFQ & Deals workspace, your FPO solicits competitive offers from verified buyers, compares terms in one console, and closes deals faster—while every interaction stays audit ready.
Fast-track your next deal
- Invite matched buyers in a single dispatch
- Compare landed price, LOT size, and payment terms side by side
- Document counters and approvals automatically
*Illustrative metrics from pilot cohorts.
Because Every Request Should Lead to a Fair Deal
No more emails, phone follow-ups, or scattered spreadsheets. Finnid centralises the RFQ journey so your FPO gains clarity, speed, and negotiation leverage. Every request becomes a path to better income for your members.
Why teams switch to Finnid RFQ?
- Multi-buyer dispatch with one submission.
- Real-time comparison of price, payment, and delivery promises.
- Negotiation history auto-documented for compliance.
- Direct integrations with ERP, logistics, and finance modules.
Create an RFQ
Define commodity quality, quantity, delivery window, and location. Dispatch to verified buyers in one go. Replies land in your dashboard ready for comparison and counteroffers.
Your RFQ is only shared with vetted buyers. Every response is logged for transparency and audit.
Why teams switch to Finnid RFQ?
- Multi-buyer dispatch with one submission.
- Real-time comparison of price, payment, and delivery promises.
- Negotiation history auto-documented for compliance.
- Direct integrations with ERP, logistics, and finance modules.
How the RFQ Journey Flows
- Draft RFQ Define commodity, quantity, quality, timeline, and origin.
- Send to Buyers Dispatch instantly to curated verified buyers via Finnid.
- Receive Quotations Track offers with stated price, payment terms, and conditions.
- Negotiate & Counter Compare and counter using structured negotiation tools.
- Accept & Confirm Finalize buyer, auto-create PO/contract, and launch fulfilment.
Every interaction is traceable—from first request through fulfilment.
Outcomes Your Members Feel
Competitive Offers
Trigger multiple bids within hours instead of days. Let buyers compete for your produce.
Faster Closures
Side-by-side comparisons and one-click counters shorten negotiation cycles.
Audit Trail
Every RFQ, response, and approval is logged for member reviews and lender diligence.
Linked Workflows
Sync accepted deals with ERP, logistics, and ENWR to execute without manual re-entry.
"With Finnid RFQ, our FPO received five competitive offers for our maize lot in under 24 hours—five days faster than our old process. We closed at 8% above our target price."Pragati FPO – Madhya Pradesh
Plugged into the Finnid Ecosystem
Market Linkage & Buyer Discovery
Send RFQs directly to matched, verified buyers already in your network.
FPO ERP
On acceptance, auto-create procurement orders and reconcile inventory.
ENWR & Warehouse
Match RFQ quantities with pledged stock, deliveries, and credit lines.
Export & Compliance
Use configurable clauses for export deals that require certifications.
RFQ & Deals FAQs
Who receives my RFQ?
Only vetted buyers that match your commodity, volume, and compliance profile receive the request.
Can I set filters on responses?
Yes. Limit responses by minimum volume, quality certification, or buyer credibility tier.
How quickly do buyers respond?
Most responses arrive within 24 hours. Track status in real time and nudge lagging buyers.
Can I counter or renegotiate?
Use the comparison workspace to counter, attach terms, or request clarifications before accepting.
What if a buyer doesn't fulfil?
Escalate through Finnid's dispute workflow—documentation and buyer history back your case.
Is everything logged for audit?
Yes. Every message, counter, and approval is stored with timestamps for internal and lender reviews.
Ready to Turn Requests into Revenue?
Create your first RFQ now. Let multiple buyers compete to unlock stronger margins and reliable offtake for your FPO.