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Automated Tendering & Price Updates - Faster, Smarter Savings

Harness real‑time benchmarks and predictive cost models to uncover sourcing risks and unlock unseen savings

RFX (RFQ, RFI & E-Auction)

Create and manage tenders in minutes

Launch complex tenders for 1 to 10,000 items in under five minutes. Invite suppliers, run multiple rounds, and leverage automation, analytics, and AI-driven insights for faster, compliant, and data-backed sourcing decisions.
RFX (RFQ, RFI & E-Auction)
Key Capabilities:
Multi-round RFQs with automated feedback
Configurable bid sheets & visibility control
Auction types (reverse, forward, Dutch)
Scenario-based auto-awarding including RFI results
Unlimited complexity by formula creation
Benefits:
Save time on complex tenders
Improve competition and transparency
Automate awarding and feedback
Seamless ERP data export
Handle direct and indirect spend
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Series Request Automation

Automate recurring sourcing and keep pricing under control

Series Requests allow buyers to set up recurring sourcing events (monthly, quarterly, etc.) with incumbent and/or new suppliers. They’re ideal for regular price updates, formula-based agreements, and ensuring ongoing competitiveness — all while automating SAP updates and tracking performance over time.
Series Request Automation
Key Capabilities:
Automated recurring RFQs (monthly, quarterly, etc.)
Full SAP integration for outline agreement updates
Acceptable price deviation rules for auto-approval
Formula-based pricing with indices
Combine with benchmarks and should cost models
Second tender round and scenario awarding included
Supplier notifications and response tracking
Benefits:
Automates price updates at scale
Reduces manual ERP and Excel work
Ensures price competitiveness over time
Transparent tracking of supplier performance
Enables both stable contracts and dynamic re-bidding
Ideal for tail spend, distribution, and category spend
Frees up procurement resources for strategic tasks
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E-Auctions

Drive competition and maximize savings live

Run live reverse, forward, Dutch, Japanese (coming soon) auctions to quickly discover market prices and optimize spend through transparent competition.
RFX (RFQ, RFI & E-Auction)
Key Capabilities:
Time-extended bidding logic
“Stop & Go” multi-item mode
Live supplier performance feedback
Auction transparency levels
Use formulas to cover any complexity (import duties, malus, etc)
Benefits:
Real-time market price discovery
Higher supplier engagement
Significant cost reduction
Fast and compliant process
Adaptable to any spend type
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Spend Mapping

Turn spend data into automated sourcing

Track thousands of products, benchmark against the market, and trigger automated sourcing when savings potential arises — all connected to SAP.
Spend Mapping
Key Capabilities:
Market benchmark tracking
Should-cost model linking
Automated sourcing alerts
ERP integration
AI-based “What-if” simulations
Benefits:
Monitor price changes in real time
Identify new saving opportunities
Automate sourcing workflows
Gain full spend transparency
Improve supplier performance
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Email to Quote

Let suppliers quote the way they prefer

Simplify supplier participation — they can send offers by email (PDF, Excel, or text), and PINPOOLS AI extracts and uploads the data automatically.
Email to Quote
Key Capabilities:
Dedicated quote email address
OCR & AI data extraction
Auto-fill into RFQs
File-type flexibility
Validation rules
Benefits:
Increase supplier participation
Save manual input time
Maintain data consistency
Handle low-complexity RFQs easily
No onboarding required for suppliers
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Business Case Example
We have customers who use Email-to-Quote to involve smaller or less digital suppliers without compromising efficiency. Suppliers send their offers via email as they always have — in Excel, PDF, or text — and PINPOOLS automatically extracts and matches this data to the corresponding request. Buyers save hours of manual entry while ensuring all quotations are comparable and traceable. This functionality has proven particularly effective for ad-hoc requests and low-volume categories where supplier onboarding would otherwise slow down the process.
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90% automation accuracy
2 hours saved per request
100% supplier inclusion
10x faster turnaround
Zero manual entry errors

Comparison of Specifications

Match supplier specs with your standards

Automatically compare supplier specifications and qualification data to understand similarity, quality, and compliance in seconds.
Comparison of Specifications
Key Capabilities:
Spec-to-spec comparison
% similarity scoring
Approved producer matching
Distributor qualification
Scenario-based savings analysis
Benefits:
Identify equal alternatives fast
Reduce manual spec checks
Ensure compliance and quality
Find cost-effective substitutes
Visualize qualification status
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Business Case Example
We have customers leveraging specification comparison to identify alternative suppliers or products without compromising quality. The system analyzes supplier data and specification sheets, calculating similarity percentages and highlighting deviations from approved standards. Buyers use this insight to evaluate savings scenarios and decide whether new offers meet their technical and compliance requirements. Especially in complex categories like chemicals or metals, this function helps teams discover interchangeable materials faster, mitigate risks, and negotiate better prices with full confidence.
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85% specification match accuracy
3x faster qualification process
1M€ potential savings identified
100% compliance validation
Reduced supplier evaluation time

Guided Sourcing

AI-guided creation of complex RFQs

Simplify complex sourcing events with AI assistance that guides users step-by-step in request setup, analysis, and awarding — even for formula-based tenders.
Guided Sourcing
Key Capabilities:
Conversational AI setup
Auto-configuration of RFQs
Scenario & formula integration
Recommendation engine
Supplier invitation assistant
Benefits:
Empower non-expert buyers
Shorten setup time drastically
Ensure best-practice compliance
Improve sourcing quality
Reduce training effort
Request Your Demo
Business Case Example
We expect Guided Sourcing to revolutionize how organizations create and analyze sourcing events. Customers testing the feature report that even less experienced buyers can now set up complex, multi-item RFQs within minutes using natural language guidance. The AI ensures data completeness, suggests best practices, and prevents common setup errors. Large teams plan to use it to standardize sourcing templates globally, reducing training time and ensuring compliance across divisions. This feature will make complex sourcing accessible to every buyer, regardless of technical background.
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80% faster event creation
Zero setup errors
100% guided workflows
Global process standardization
Reduced onboarding effort

Integrations

Connect procurement with your ERP ecosystem

Seamlessly link PINPOOLS with SAP or other ERP systems via API for automated creation and updates of outline agreements and sourcing events.
Integrations
Key Capabilities:
SAP S/4HANA & ECC Integration
BAPI, BTP & as custom REST API
Outbound & Inbound Operations
Manage Outline agreements
Manage Info Records
Manage Material Master Data
Manage Vendor Data & POs
Benefits:
Eliminate manual data entry
Sync sourcing with ERP
Enable full-cycle automation
Request Your Demo
Business Case Example
We have customers who fully integrated PINPOOLS into their ERP ecosystems, automating the flow from tendering to contract management. Once awarding decisions are made, outline agreements are created or updated automatically in SAP, often covering hundreds of items. Category managers gain visibility across spend, while IT teams appreciate the short setup effort and data reliability. This integration eliminates double work, reduces administrative costs, and ensures that procurement data is always aligned with ERP systems in real time — transforming sourcing into a fully digital process.
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100% ERP data synchronization
118 automated agreements created
10-day implementation average
2 FTE workload saved
0 manual updates required

Experience chemical sourcing with data intelligence.

Schedule a conversation to discover how PINPOOLS can enhance performance across your operations.