Improve the Supplier Selection Process | Compare Companies on BizVibe

Comparing Companies to Improve

the Supplier Selection Process

From supplier financial data to management effectiveness, compare key company information
on BizVibe to mitigate supplier risk and improve the supplier selection process

Learn how BizVibe helps with supplier selection:

  • Compare Companies
  • Supplier Evaluation
  • Send Proposals
  • Selecting a Supplier


Evaluate Companies Side by Side

BizVibe lets users compare companies which have been added to their shortlist. This feature allows for efficient supplier evaluation as a comparison of revenue data points, organizational structure, management effectiveness, and more can be viewed in a single glance.

Users can compare up to five companies at once. Efficient company comparisons eliminate time wasted on researching suppliers that aren’t right for your business, while highlighting the ones that are. Save your comparisons and share them with team members for further evaluation and discussion.


Eliminate Risk from the Supplier Selection Process

The company comparison tool outlines key insights and data points that will quickly answer critical questions such as:

  • What is the financial state of the company?
  • Does the company have a liquidity problem?
  • How effective and efficient is the company?
Use the insights gathered from your comparisons to further shortlist suppliers by eliminating companies that are too risky or have little chance of fulfilling your requirements.


Send Proposals to the Best Suppliers

Once you have a manageable shortlist, you can send proposals to the best fit suppliers using the proposal tool. Create customizable RFIs to further understand which suppliers meet your requirements and send RFPs to the ones who are most qualified.

The proposal dashboard makes it easy for users to compare what matters most to them. Whether it’s pricing, delivery methods, product quality, or supplier location, BizVibe allows for an efficient comparison of RFI/RFP responses, while storing all documents in a single location.


Selecting  the Right Supplier

The most effective suppliers are those who meet or exceed what your business needs. Whether it’s product quality, delivery speed, or financial stability, it’s important to build relationships with a supplier who is the best fit for your business.

If the RFI/RFP responses aren’t providing enough information to confidently select the right supplier, BizVibe allows users to direct message suppliers on their shortlist. Messaging the top suppliers on your shortlist is instant and helps to learn more about their offerings, providing the final piece of research needed to finalize the supplier selection process.

Try BizVibe with your team for free

BizVibe has redefined the concept of B2B networking by helping buyers select the right supplier. Our platform is designed to help companies generate leads, shortlist suppliers, request for proposals, and identify global companies.

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