Procurement, run as a competitive bid

Stop chasing quotes. Let suppliers compete.

Korrway turns scattered phone calls and email threads into one transparent bidding process. Invite suppliers, compare quotes, counter, and award, with a full record of who did what.

DashboardRFQAI draftCompare

Workspace overview

Spend this FY

$104k

Saved

$1.73M

Active RFQs

10

Spend & savings

Spend Savings %
DecJanFebMarAprMay

The old way of buying

5 phone calls per RFQ
Quotes lost in inboxes
No audit trail
Overpaying, unknowingly
The killer feature

Invite. Compare. Counter. Award.

Run the whole bid in one place. Invite suppliers, watch quotes land side by side, negotiate a better price, and award the winner, with a full record at every step.

Invite01
Shenzhen Yuto
Falcon Print
Veridian Pack
Bursa Ambalaj
Invite 4 suppliers

Pick suppliers and send the RFQ to bid in one click.

Compare02
Yuto$41,760
Falcon$46,100
Veridian$52,400

Quotes land side by side, the lowest flagged for you.

Counter03
Counter: $39,500?
Accepted $39,500
Saved another $2,260

Send a counter price and let suppliers respond.

Award04

Awarded to Shenzhen Yuto

PO-2026-014 · $39,500

Award the winner. A PO is raised automatically.

Quote intake · Veridian Pack Co.

RFQ-2086 · Acme Foods Pkg · due Jun 14

Submit quote

Corrugated mailer M03

40,000 pcs

$0.78
$31,200

Kraft tape 48mm

18,000 pcs

$1.05
$18,900

Printed insert card

25,000 pcsDelivery

$0.20
$5,000

Void fill, recycled

12 pallets

$168.00
$2,016
Saved · auto-converted to USDQuote total · $57,116.00
Supplier portal

A real portal, not another email thread.

Suppliers get a branded link, no login required, fill in price, qty, and lead time on your line items, and submit. Quotes hit your dashboard already structured and converted to your currency.

  • Magic-link intake, zero supplier onboarding friction
  • Structured line items in, structured comparison out
  • Counter-quotes and revisions tracked with full history
AI drafted

Subject

Invitation to bid: Custom packaging, 10,000 units

Dear supplier, we are inviting quotes for a print and packaging run. Specs and deadline are attached. Submit your bid through the Korrway portal by...

Send to 12 suppliersEdit

Powered by AI

Let AI write the RFQ and invite suppliers.

Describe what you need. Korrway drafts the RFQ text and a professional invitation email, then sends it to your chosen suppliers in bulk. Review, tweak, send. Minutes, not hours.

Why Korrway

Built to make procurement pay for itself.

Cut procurement spend

Suppliers compete in real time, so you award the best price every round, not just the first quote that lands.

Faster sourcing cycles

Turn scattered email threads into one structured bid. Invite, compare, counter, and award in a fraction of the time.

Full audit trail

Every quote, counter, approval, and award is logged and signed, so every decision is defensible and transparent.

Real-time visibility

Live dashboards for spend, savings, and supplier performance, across every project, from any browser.

Measured savings

See what you saved,
down to the dollar.

Every award is measured against your baseline. Korrway shows savings per project and across the workspace, proof procurement is paying for itself.

Saved vs baseline · FY 2026

$0.00M

0.0% below baseline

Every decision, on the record.

Who created the RFQ, who bid what, who approved, who awarded. Korrway keeps a complete, timestamped trail, so approvals follow your cost hierarchy and nothing happens off the books.

Full activity log
Cost approver hierarchy
Timestamped record

How it works

From request to award in four steps.

01

Create a project

It becomes an RFQ with your baseline set.

02

AI drafts & invites

Bulk invite suppliers to bid in their portal.

03

Compare & counter

Review side by side, negotiate a better price.

04

Award & track

Approve, raise a PO, track delivery to stock.

One platform, end to end

Everything from first request to stock on the shelf.

Projects

Each project becomes an RFQ.

E-auction RFQs

Invite, compare, counter, award.

AI drafting

RFQ text and bulk invites, written for you.

Approvals

Cost approver hierarchy, enforced.

Suppliers

Directory plus a portal for bids.

Purchase orders

Award converts straight to a PO.

Deliveries

Track receipt against every PO.

Inventory

Deliveries land in stock automatically.

Spend analytics

Savings, by brand, supplier, category.

Stop running procurement on spreadsheets.

One source of truth from sourcing to savings. Quote, compare, approve, and track every line item in a single, auditable workflow.

Request a demo

See Korrway on your own procurement in 20 minutes.