You’ve been put in charge of buying something for the business. 

Most RFPs and RFQs fail to get more than a couple of real proposals. That’s not the kind of competition on price and solution that leads to value-for-money.

Attract suppliers with RFPs and RFQs and a process that make them want to engage. It’s called elastic procurement(TM). The best part? There is no downside.

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Our story

Coming from financial markets, we were shocked at how difficult it was to get set up as a vendor of record, how hard it was to help our customers understand the market, and how long and bureaucratic the whole process took. We were astonished to find that the buyers had an even worse time putting together RFPs and RFQs, and getting relevant suppliers to engage and respond.

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WHAT WE BUILT

A simplified digital procurement experience with no required implementation or training. Shorter cycles. Lower transactions costs. Relevant market intelligence. Supplier discovery. Increased competition on price and solution for lower opportunity costs. More potential customers.

OUR PLATFORM

What we do

We decided to build a platform similar to ones that we saw work in capital markets that trade millions of times a day. EdgeworthBox brings tools, data, and community so that buyers can research markets, write better RFPs, engage suppliers, and speed up the cycle for more efficient reverse auctions.

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HOW WE PRICE

EdgeworthBox has a freemium pricing model. Basic access to our tools, data, and community is free for an unlimited number of seats per organization. Include people from the C-Suite, Finance, Operations, Product, and Sales. Pay for executing a purchase or using other value-added services.

EdgeworthBox - Three screens with different functions
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What we think

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Sourcing made simple.

Improve the current approach to purchasing with tools, data, and community.

Replace email and spreadsheets or augment your existing source-to-pay architecture.

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