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Sealed bidding

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Important

This content is archived and is not being updated. For the latest documentation, go to What's new or changed in Dynamics 365 Supply Chain Management. For the latest release plans, go to Dynamics 365 and Microsoft Power Platform release plans.

Enabled for Public preview General availability
Users by admins, makers, or analysts Sep 17, 2021 Oct 1, 2021

Business value

Promote fair procurement practices by implementing sealed bidding on your requests for quotation (RFQs). Submitted bid details remain encrypted until the bidding period expires.

Feature details

When a vendor submits a bid for an RFQ case set for sealed bidding, the system automatically encrypts details such as prices and quantities for confidentiality until the bidding period expires. At the end of the bidding period, the purchasing agent can then open and evaluate the bids. This feature lets you set some or all RFQ cases for sealed bidding, select an appropriate bidding period for each case, and configure a dedicated Azure Key Vault for encrypting the submitted bids.

See also

Sealed bidding for RFQs (docs)