How to Create Your AP Automation RFP
Preparing an RFP is where you define the full scope of your AP automation project, prioritize what matters to your team and stakeholders, and choose the right provider from your shortlist. This Bottomline guide walks through the 11 sections of a well-structured AP automation RFP. Your organization writes the introduction, and solution providers complete the other ten sections. Each section includes a brief description and sample questions. Topics include company profile, fraud prevention and cyber security, invoice capture and processing, B2B payments, reporting and analytics, product and technology, vendor enablement and support, pricing, and reference customers. You also get practical advice on structuring pricing responses for side-by-side cost comparison and on what to cover in reference calls. Use it to build an RFP tailored to your own scope and requirements.
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