Bonfire

About Bonfire

Bonfire is a cloud-based strategic sourcing solution. Bonfire is designed to tackle the end-to-end sourcing workflows for various industries including indirect sourcing for manufacturing, CPGs, Retail and Hospitality, non-profits, as well as public-sector health care, higher education, school districts and municipalities. Key features include online bidding, eSourcing, contract management, and performance management. Bonfire offers an online portal with which users can manage vendor communication, post bid opportunities, receive submissions, complete evaluations, and oversee vendor performance. The solution offers evaluation tools and workflows such as online scorecards, browser-based evaluations, automatic score tabulation, reverse auctions, and pricing scenario analysis. Contract documents and key milestones are managed in a centralized location where users can track reminders, expiring contracts, and renewal dates. Configurable performance surveys can also be rolled out to collect feedback from stakeholders.