An RFP is a formal, questionnaire-style document issued to prospective distributors from a corporation that intends to buy a service or product. The RFP gathers seller data in the standardized and arranged format enabling faster, a lot easier comparisons.

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It can be employed to gather vendor information from a number of businesses to crank out a pool of potential clients. This eases the RFP review course of action by preemptively short-listing candidates which satisfy the desired skills.