OpenText RFx Center vs. Zip Intake-to-Procure

Overview
ProductRatingMost Used ByProduct SummaryStarting Price
OpenText RFx Center
Score 8.0 out of 10
N/A
OpenText RFx Center enables enterprises to automate, manage, and monitor their RFI, RFQ, RFP, and other procurement processes. Leveraging OpenText™ AppWorks, this procurement management solution is designed to manages all aspects of the procurement process: streamlining advertisement of business opportunities, proposal submission, evaluation, negotiation, award and purchase order creation.N/A
Zip Intake-to-Procure
Score 7.9 out of 10
Enterprise companies (1,001+ employees)
Zip provides a place for employees to initiate a purchase or vendor request. Each request is routed for approval across procurement, finance, IT, data security, legal, and other teams, and Zip integrates into ERP and P2P solutions to create a PR or draft PO. The vendor states Zip works with Canva, Checkr, Hopin, Zapier, CM Group, and other companies both public and private.N/A
Pricing
OpenText RFx CenterZip Intake-to-Procure
Editions & Modules
No answers on this topic
No answers on this topic
Offerings
Pricing Offerings
OpenText RFx CenterZip Intake-to-Procure
Free Trial
NoNo
Free/Freemium Version
NoNo
Premium Consulting/Integration Services
NoNo
Entry-level Setup FeeNo setup feeNo setup fee
Additional Details
More Pricing Information
Community Pulse
OpenText RFx CenterZip Intake-to-Procure
Best Alternatives
OpenText RFx CenterZip Intake-to-Procure
Small Businesses
MIP Fund Accounting
MIP Fund Accounting
Score 8.7 out of 10
MIP Fund Accounting
MIP Fund Accounting
Score 8.7 out of 10
Medium-sized Companies
Precoro
Precoro
Score 2.8 out of 10
Precoro
Precoro
Score 2.8 out of 10
Enterprises
SAP S/4HANA Cloud
SAP S/4HANA Cloud
Score 8.6 out of 10
SAP S/4HANA Cloud
SAP S/4HANA Cloud
Score 8.6 out of 10
All AlternativesView all alternativesView all alternatives
User Ratings
OpenText RFx CenterZip Intake-to-Procure
Likelihood to Recommend
8.0
(0 ratings)
7.7
(0 ratings)
Support Rating
-
(0 ratings)
9.1
(0 ratings)
User Testimonials
OpenText RFx CenterZip Intake-to-Procure
Likelihood to Recommend
OpenText RFX is well suited with Smaller or midsize organizations where it can be used as standalone solution. For large organization with Custom procurement processes and integration requirements with other business products like SAP, there are better solutions are available which can be evaluated with OpenText RFX product. Custom development processes are limited in OpenText RFX and there are some solutions like SAP SRM and Ariba can be evaluated.
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Zip is a newer product in the P2P space, and as such there are still some areas for improvement. They don't have all the "bells and whistles" products and configurations that some of the other players in this space have, but the products they do offer are best in class. Zip is an ideal tool for tactical procurement.
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Pros
  • Monitor procurement spend.
  • manage Supplier relationship.
  • Integrate with ERPs like SAP.
  • Analytics of procurement trends.
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  • No coding - Ability for the administrator to make changes without development resources helps us be agile as a procurement org.
  • Visibility to the user in a great user interface
  • Accountability (helps us track SLAs on response time), Audit trails keeping track of everything
  • The implementation team was incredible, as is ongoing support. They want you to succeed in your goals vs. just implement their tool
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Cons
  • Integration with ERP products like SAP.
  • UX User experience.
  • Custom procurement processes.
  • Product support.
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  • Missing the ability to proxy as another user. Currently, if one approver did not set up their delegation, an admin or the approver of that step must reassign each of the approvals to another person.
  • Bulk upload options for admins to update queues and subqueues.
  • Missing ability to schedule reports or the option to share a saved view with another user. It would be easier if certain filtered views can be shared with others to avoid each user having to create their own views.
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Support Rating
No answers on this topic
Incredibly responsive and helpful.
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Alternatives Considered
Solutions like SAP Ariba are better suited for large enterprises with Custom processes and integration requirements with other ERP software like SAP ERP or S/4HANA products which are been used most of the fortune 500 companies. OpenText RFX is good for small and medium organizations with limited customization and integration requirements.
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Truth be told, we haven’t seen any other similar products. The alternative was manually tracking in Google Sheets, ticketing systems, and in NetSuite. Coupa was probably the closest in terms of what we were looking for but they were not willing to fit it to our needs like Zip was able to.
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Return on Investment
  • Efficient procurement process.
  • Easy vendor/supplier management.
  • Faster implementation.
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  • Zip Intake-to-Procure has helped clean up forecasting for us - we've improved accuracy by over 30% since now we're forcing folks to make sure spend is captured accurately and checking submitted PO amounts against the bottoms up forecast
  • We've also been able to leverage the SLA insights provided by Zip Intake-to-Procure to increase operational efficiencies. We're identified orgs that are slowing down the overall approval process and putting more pressure with shorter SLA times.
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ScreenShots

Zip Intake-to-Procure Screenshots

Screenshot of Screenshot of Zip supports ultra-configurable, parallel workflows with our no-code configuration.Screenshot of Zip also integrates with all major ticketing, CLM, GRC, and ERP/P2P solutions. Here's an example integration card for JIRA.Screenshot of Zip has an optional vendor-facing portal for the vendor to provide diligence materials, including documents, surveys, and even bank settlement information.Screenshot of Zip's vendor-facing portal includes an optional bank settlement form with an attestation.