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AuraVMS: RFQ and Procurement Software

AuraVMS helps procurement managers and business owners digitize the quote collection process. It is designed for teams that need to move away from manual spreadsheets when comparing vendor prices and terms.

At a glance

Category
Operations
Best for
Small businesses, Mid-market companies, Procurement managers, Supply chain directors, Business owners
Pricing
Pricing starts at $4.99 per user/month for the Small Team Plan and $7.99 per user/month for the Medium Team Plan (billed annually). On-premise setup starts at $2999.
Key use cases
Vendor Quote Comparison, Bid Management, Supplier Database Management, Procurement Audit Tracking
Integrations
Excel export, CSV import
Official website
auravms.com
Screenshot of AuraVMS website

AuraVMS is a tool for managing Requests for Quotations (RFQs). It allows buyers to send requests to multiple suppliers via email or WhatsApp and collect responses in a standardized format to help make pricing and term comparisons more consistent.

The software is designed for small to mid-sized businesses and larger enterprises. It supports the procurement workflow from creating the initial request to awarding the order and monitoring supplier performance.

Buyers should note that while basic quote collection is available on lower plans, features such as data exports, document attachments, and AI-driven savings insights are available on the Medium and Enterprise tiers.

For organizations with specific security requirements, the tool offers an on-premise deployment option, allowing the software to run on the company's own servers independently.

Key Features

Standardized Quote Collection

Collects supplier responses in a uniform format for side-by-side comparison of prices, lead times, and minimum order quantities (MOQs).

Anonymous Bidding

Suppliers receive unique access links and see only their own quotes, which prevents them from seeing competitor pricing.

Supplier Performance Monitoring

Supports tracking of supplier metrics such as response rates and success rates via a supplier dashboard.

Document Attachments

Supports attaching PDFs, Word documents, Excel files, and images directly to RFQ items for supplier review.

Data Export

Allows exporting procurement history, including 22 data fields, to an Excel file.

AI Assistant for Savings Insights

Available on the Enterprise plan to provide insights and price forecasting.

Use Cases

Vendor Quote Comparison

Gathering quotes from various suppliers for raw materials or services and comparing them in a single view.

Bid Management

Running anonymous bidding processes to manage competitive pricing from multiple vendors.

Supplier Database Management

Organizing vendor contacts using custom tags and importing supplier lists via CSV or Excel.

Procurement Audit Tracking

Maintaining a log of file uploads, quote submissions, and order placements for compliance purposes.

Best For

Small businessesMid-market companiesProcurement managersSupply chain directorsBusiness owners

Integrations

Excel exportCSV import

Pricing

Pricing starts at $4.99 per user/month for the Small Team Plan and $7.99 per user/month for the Medium Team Plan (billed annually). On-premise setup starts at $2999.

FAQ

Do suppliers need to create an account to use AuraVMS?

No, suppliers receive a unique instant-access link via email or WhatsApp and can submit their quotes without signing up or logging in.

Can I export my procurement data from the system?

Yes, this feature is available starting with the Medium Team Plan. You can export 22 data fields to a formatted Excel file.

How long does it take to set up AuraVMS?

The vendor states that implementation takes approximately 15 minutes, after which you can upload suppliers and start sending requests.

Is there a mobile app available?

There is no dedicated mobile app, but the web application is accessible via mobile browsers.

Source category: Operations

Source subcategory: Procurement

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