We believe procurement teams shouldn't waste hours wrestling with PDFs and email attachments. RFQ Snap was born from the frustration of manual data entry and the vision of AI-powered efficiency.
Every day, procurement teams across the globe waste countless hours manually extracting data from emails, PDFs, and Excel files. This manual process is not only time-consuming but also error-prone, leading to missed opportunities and costly mistakes.
Traditional procurement solutions are either too complex for mid-market companies or too expensive to justify. Most require months of implementation, extensive training, and ongoing maintenance costs that quickly spiral out of control.
Meanwhile, the procurement data remains trapped in unstructured formats, making it impossible to gain insights, track trends, or make data-driven decisions.
RFQ Snap uses cutting-edge AI to automatically extract and structure procurement data from any format - emails, PDFs, Excel files, or even handwritten documents. Our AI achieves 96% accuracy, learning and improving with every document processed.
We've designed RFQ Snap specifically for mid-market companies who need enterprise-grade functionality without the enterprise complexity. Setup takes minutes, not months, and our intuitive interface requires no training.
All extracted data is automatically formatted to comply with Open Contracting Data Standard (OCDS), making it machine-readable and ready for analysis, integration, or regulatory reporting.
Our impact on procurement efficiency
The principles that guide everything we do at RFQ Snap
From idea to industry leader
Founded by procurement professionals frustrated with manual data entry. First AI prototype developed with 85% accuracy on chemical procurement documents.
Achieved 96% accuracy across all procurement categories. Launched beta with 50 companies, processing over 10,000 RFQs successfully.
Expanded beyond chemicals to serve all procurement categories. Reached 500+ companies and $2M+ in cost savings for customers.
Planning international expansion and advanced analytics features. Building the future of AI-powered procurement.
Our proprietary AI models are trained on millions of procurement documents, understanding context, specifications, and industry terminology with human-level accuracy.
All extracted data automatically conforms to Open Contracting Data Standard, ensuring compatibility with global procurement systems and regulatory requirements.
Bank-level encryption, SOC 2 compliance, and GDPR adherence ensure your sensitive procurement data remains secure and private.