AgoraQuote will only send quote requests to vendors you have invited to participate. When only approved vendors can provide quotes and produce goods using your brand, you have control over how your brand is used. Plus, you can approve designs before they go into production.
During the setup process for AgoraQuote, product categories are created based on the categories from your licensing agency. AgoraQuote then automatically calculates royalties and adds them to quotes. While the royalties aren’t visible to buyers, your licensing manager can easily pull reports on royalty data and reconcile purchases to your licensing agency’s reports.
When multiple vendors provide quotes for your order, they will be more competitive because they want their quote to win your business. Organizations using AgoraQuote save an average of 38%, and frequently save much more!
AgoraQuote uses smart forms to guide buyers through creating a quote request that gives the vendors all the information they need to response with a detailed quote. Buyers can also require additional information that is important for their specific situation, such as delivery timelines. When vendors provide their quote responses, everything the buyer needs to make a smart buying decision is in one place.
No! All quote responses are contained in one system, rather that housed in multiple buyers’ email inboxes. If a buyer leaves the organization, you still have access to their past quotes and can use that information for new purchases, to compare against a new bid, for invoice reconciliation, or for audit purposes. You can also use AgoraQuote for vendor management and qualification needs.
No! AgoraQuote is powerful and flexible. Your organization decides what works best for you. For example, you can give buyers the option to select any quote response they like.
Yes! When you request a quote using AgoraQuote, you can ask suppliers to include details on delivery timelines, available inventory, and other details that will uncover potential supply chain issues.
AgoraQuote is built to work with your existing procurement processes and approval workflows. It’s also easy to run reports so you can provide your procurement team with the information they need.
By providing a smart-form driven quote request process, AgoraQuote helps your buyers create quote requests containing all of the details vendors need to provide complete quotes without the need for multiple emails or phone calls to clarify necessary information.
Vendors love AgoraQuote because it connects them to other buyers within your organization. Experienced suppliers also recognize that buyers consider more than just price when making purchasing decisions, so things like superior customer service will give vendors an advantage even if they don’t have the lowest price.
No! AgoraQuote is a SaaS tool, so everything you need is accessible online via your web browser.
Yes! AgoraQuote has built-in and customizable categories that identify vendors with special designations during the purchasing process. That information is also available for reporting, so you can provide your procurement team with data on diversity spending.
What Our Customers Have to Say
“We use Agora to its full capacity – quoting, ordering, and reporting. Personally, I LOVE it. We implemented the platform at the same time as an internal royalty rate, which, in my opinion, was the best way to do so.”
Priya Exantus – Manager of Trademark Licensing