Vendor comparisons are done informally, making it hard to justify the final decision objectively.
A weighted scorecard across price, quality, and terms gives you a decision you can actually defend, instead of a gut-feel choice.
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Comparing vendor proposals usually comes down to an informal gut call, which makes it hard to explain afterward why one vendor was chosen over another, especially if the decision is ever questioned.
This spreadsheet scores each vendor 1-10 on price, quality, and terms/flexibility based on their actual proposal, applies your own weight percentages for what matters most on this purchase, and calculates a weighted total score automatically, so the comparison reflects your real priorities and stays on file as a documented, defensible decision.
We built this after seeing how many vendor decisions get made informally and then have to be justified after the fact with nothing written down.
— DaveWays
Set your own price/quality/terms weight percentages for each purchase.
The weighted total calculates automatically, so the highest score is your best fit given your stated priorities.
Keep the scorecard as a record if the vendor choice ever needs to be justified internally.
How many vendors can I compare at once?
The sheet is built for a handful of vendors side by side; add rows if you're comparing more.
Do the weight percentages have to total 100%?
Yes, set your price/quality/terms weights so they add up to 100% for the weighted score to be accurate.
Can I add criteria beyond price, quality, and terms?
The built-in scoring covers those three; add extra columns manually if you need to score on additional criteria.
Vendor RFP Comparison Scorecard (Free Preview) — download a condensed version free, no purchase required, to see if it's a fit before you buy.
Vendor RFP Comparison Scorecard is $14.99 USD, one-time payment, instant delivery, no subscription. Covered by our 30-day money-back guarantee. See our refund policy and terms.