Purchasing & Procure-to-Pay

Request for Information (RFI)

Also known as: RFI

A request for information (RFI) is a document used to gather general information about suppliers and their capabilities before a formal sourcing event.

An RFI is an early, low-commitment step. It helps a buyer understand the supply market, learn what solutions exist and shortlist credible suppliers before running a more detailed RFQ or RFP. Responses are usually qualitative — capabilities, references, certifications — rather than firm prices.

Using an RFI first keeps later stages efficient: only qualified suppliers receive the more demanding proposal or quotation request, so evaluation effort is focused on realistic candidates.

Frequently asked questions

What is an RFI?
A request for information gathers general information about suppliers and available solutions early in sourcing, helping a buyer understand the market and shortlist candidates before an RFQ or RFP.
What is the order of RFI, RFP and RFQ?
Typically RFI first (to learn and shortlist), then RFP (to compare proposed solutions) or RFQ (to compare prices) with the qualified suppliers.

Explore related across the knowledge graph

GlossaryReverse AuctionA reverse auction is a competitive event where pre-qualified suppliers bid the price down in real time to win a buyer's business.GlossaryTenderA tender is a formal, competitive process in which suppliers submit sealed bids to win a contract, evaluated against published criteria.GuideERP integrationConnecting the procurement channel to the ERP so requisitions, orders and invoices flow between systems without manual re-keying.GuideProcure-to-payThe operational cycle that turns an approved need into a purchase order, a delivery, a matched invoice and a payment.SolutionE-Procurement Platform in MalaysiaWhat an e-procurement platform is, a capability checklist to evaluate one — catalogue, approvals, budget controls, three-way matching, punchout — how rollouts work, and where Lapasar fits.SolutionProcure-to-Pay Software in MalaysiaProcure-to-pay software for Malaysia — one connected flow from requisition to payment, with approvals, three-way matching, credit terms for buyers and early payments for suppliers.SolutionProcurement Automation Software in MalaysiaAutomate purchasing in Malaysia — replace manual requisitions, email approvals and spreadsheet reconciliation with AI-driven workflows for categorisation, GL coding, price benchmarking and matching.ToolFree Procurement Tools & TemplatesEvery Lapasar procurement calculator plus editable RFQ, purchase order, policy and evaluation templates.TemplateProcurement SOP TemplateAn editable Word and PDF standard operating procedure covering the buying process from requisition to payment.ComparisonLapasar vs e-procurement softwareLapasar and e-procurement software compared: an operating Malaysian marketplace versus workflow software for requisitions, approvals and purchase orders.ResearchThe Hidden Cost of Manual Procurement in Malaysian EnterprisesWhat manual purchase orders really cost Malaysian enterprises — USD 30–506 per PO, millions in hidden overhead, and new Government Procurement Act 2025 exposure.GlossaryAccrualsAccruals are accounting entries that recognise expenses which have been incurred but not yet invoiced, so costs appear in the correct period.GuideCatalogue managementCurating the products, prices and data buyers order from — the foundation that makes catalogue and marketplace buying fast, accurate and compliant.ToolCost per Purchase Order CalculatorFind out what each purchase order costs you to process.ToolE-Procurement ROI CalculatorModel the net benefit and payback period of an e-procurement rollout.

Put procurement theory into practice

Talk to our team about wholesale pricing, credit terms, sourcing support and delivery across Peninsular Malaysia — or explore the marketplace built for Malaysian enterprises.

Prefer to talk to a real person?

Our team replies fast on WhatsApp and email — no forms, no waiting.