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Olive Logo

RFP Creation Platform for Smarter Software Sourcing

Last updated: August 2024

Table of Contents

Olive - 2025 Pricing, Features, Reviews & Alternatives

What is Olive?

Olive is a platform designed for creating requests for proposals (RFPs) for IT decision-making and software sourcing in the enterprise. It offers several features to enhance discovery, optimize requirements management, and streamline solution selection.

Olive's centralized hub can revolutionize your RFx process by allowing you to seamlessly collect data, manage requirements, access real-time vendor comparisons, analytics, response assessments, and collaborative tools. All of these features are integrated into a unified digital workspace to maximize efficiency.

With Olive's rich requirements libraries and RFP templates, you can initiate conversations and showcase considerations for an ideal solution. You can also leverage project and requirement templates for SOC, ERP, LMS, HCM, and more to optimize, adjust, and manage multiple projects efficiently.

Olive's collaborative tools allow you to assess vendors together, saving time with data-driven decisions. You can evaluate numerous vendors, factor in weighted scores from stakeholder feedback, and create shortlists aligned with your requirements. Olive's software analysis can help you efficiently build vs. buy.

Olive enables you to evaluate market solutions efficiently against specific needs. You can leverage weighted vendor scores, stakeholder feedback, and objective decision-making to create shortlists three times faster. Olive ensures a strategic, data-driven choice for your company's digital transformation.

Olive's executive reporting features help teams communicate decisions comprehensively. You can download reports to share with key business units, showcasing due diligence in a consumable way.

You can create, manage, and deploy custom surveys for requirements, vendor assessment, discovery, or project feedback using Olive's survey tools. These surveys enable the gathering and ranking of detailed requirements across multiple departments.

Olive recommends a curated list of solutions tailored to your project's unique requirements, leveraging AI for personalized guidance. Explore the future of IT decision-making with Olive—where efficiency meets innovation. Olive simplifies, accelerates, and elevates your journey to digital excellence in a world of complexity. Olive's executive reporting feature simplifies the communication of decisions. Reports can be downloaded and shared with key business units, highlighting thorough due diligence in a user-friendly format.

Benefits of using Olive

Rewritten text for brevity:

Cut Third-Party Resource Costs
Collaborate with Olive and save on third-party resources. Work with internal stakeholders and vendors to identify integrations, mitigate risks, and prevent surprises during implementation.

Efficient Decision-Making
Streamline sourcing, evaluation, and implementation of enterprise technology solutions with Olive. Collaboration among key stakeholders minimizes delays caused by miscommunication and conflicting priorities.

Streamlined Requirements Consensus
Efficiently capture, prioritize, manage, and rank requirements with Olive. Achieve consensus on requirements quickly and transition from eight weeks to just two.

Enhanced Business Analyst Productivity
Maximize Business Analyst efficiency with Olive's streamlined solution for requirements gathering. Gather, rank, and receive feedback on requirements without relying on spreadsheets or lengthy meetings.

Cost-Effective Solution Evaluations
Realize cost savings on software selection with Olive, compared to traditional in-house approaches. Achieve greater cost efficiencies on multiple projects or integrations.

Increased User Adoption
Facilitate higher user adoption rates by involving key stakeholders in the decision-making process. Collaboration ensures selected solutions meet user needs, leading to seamless integration and ease of use.

Accelerated Requirement Evaluation
Olive enables efficient collaboration in evaluating complex requirements, reaching a consensus in weeks. Expedites decision-making and implementation processes.

Risk Mitigation for Optimal Implementations
Use Olive to expand collaboration and due diligence, reducing the risk of suboptimal implementations. Achieve successful outcomes and high user adoption, aligning with your company's strategic goals.

Starting from

1500

Per month

Alternatives with better value for money

Olive's key features

Most critical features, based on insights from Olive users:

Collaboration Tools
Task Management
Document Management
Requirements Management
Due Date Tracking
Data Import/Export

All Olive features

Features rating:

Workflow Management
Vendor Master Data Management
Status Tracking
Progress Tracking
Knowledge Library
Approval Process Control
Content Management
Change Management
Traceability
Templates
Compliance Management
Project Management
Spend Control
Spend Analysis
Sourcing Management
Single Sign On
Self Service Portal
Search/Filter
Risk Assessment
Rfx Management
RFP Responding
RFP Creation
Requisition Management
Requirements Review
Reporting/Analytics
Reporting & Statistics
Real-Time Updates
Real-Time Data
Quotes/Estimates
Purchasing & Receiving
Document Templates
@mentions
Version Control
Access Controls/Permissions
Vendor Management
User Management
Activity Dashboard
Time & Expense Tracking
Third-Party Integrations
Activity Tracking
Template Management
Task Progress Tracking
Task Planning
Supplier Web Portal
Supplier Risk Management
Supplier Qualification
Supplier Management
Agile Methodologies
Stakeholder Defined Attributes
Spend Management
Document Storage
Document Review
Document Automation
Data Visualization
Customizable Templates
Customizable Reports
Customizable Fields
Assessment Management
Content Library
Contact Management
Configurable Workflow
Audit Management
Communication Management
Commenting/Notes
Audit Trail
Catalog Management
Bid Management
Automatic Formatting
Purchase Order Management
Proposal Generation
Projections
Project Workflow
Project Tracking
Project Planning
Alerts/Notifications
API
Procurement Management
Prioritization
Performance Metrics
Performance Management
Multiple Projects
Milestone Tracking
Lifecycle Management
Application Management
Global Sourcing Management
File Management
Drag & Drop

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Olive pricing

Value for money rating:

Starting from

1500

Per month

Per Feature

Pricing details
Subscription
Free trial
Free plan
Pricing range

Olive support options

Typical customers

Freelancers
Small businesses
Mid size businesses
Large enterprises

Platforms supported

Web
Android
iPhone/iPad

Support options

Email/Help Desk
FAQs/Forum
Knowledge Base
Chat

Training options

In Person
Webinars
Documentation
Videos
Live Online

Olive reviews

Overall rating

4.6

/5

7

Positive reviews

100

%

Rating breakdown
  • Value for money
  • Ease of use
  • Features
  • Customer support
  • Likelihood to recommend9.14/10
Rating distribution

5

4

3

2

1

4

3

0

0

0

Olive FAQs

Q. What type of pricing plans does Olive offer?

Olive has the following pricing plans:
Starting from: $1500.00/month
Pricing model: Subscription

These products have better value for money


Q. Who are the typical users of Olive?

Olive has the following typical customers:
Large Enterprises, Mid Size Business


Q. What languages does Olive support?

Olive supports the following languages:
English


Q. Does Olive offer an API?

Yes, Olive has an API available for use.


Q. What level of support does Olive offer?

Olive offers the following support options:
Email/Help Desk, FAQs/Forum, Knowledge Base, Chat

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