# Request For Quotation > **Quick answer**: A Request for Quotation is a formal document companies use to solicit price estimates and terms from multiple suppliers for specific products or services. In data enrichment contexts, businesses issue RFQs to compare vendor offerings on metrics like cost per record, data accuracy rates, coverage depth, and compliance certifications. Derrick simplifies this procurement process by offering transparent pricing at €9 monthly for 100 credits with automatic rollover, eliminating the need for lengthy RFQ negotiations when sourcing company and contact enrichment data. *Canonical: https://derrick-app.com/glossary/request-for-quotationx* --- Understanding how data enrichment can be applied in real-world scenarios to drivebusiness results and improve operational efficiency. [Start Enriching Now](https://workspace.google.com/marketplace/app/linkedin_email_phone_finder_ia_%E2%80%94_derrick/3746789989?flow_type=2) ## Definition Request For Quotation Request for Quotation (RFQ): A Request for Quotation is a formal process wherein a company solicits price estimates and terms from suppliers for specific products or services.In the context of data enrichment, an RFQ is crucial for acquiring data solutions that enhance the quality and depth of existing information within digital marketing and sales automation platforms. By issuing an RFQ, companies can efficiently compare offers from various vendors, ensuring they select the most cost-effective and comprehensive data enrichment services. This process not only aids in budget management but also helps businesses leverage high-quality data to refine their marketing strategies, improve customer targeting, and increase sales conversion rates. Understanding and utilizing RFQs effectively allows organizations to optimize their data enrichment efforts, ultimately leading to more informed decision-making and enhanced customer engagement. [Skip the definitions. Start generating business now →](/) ## Here is an exemple of : Request For Quotation For example, a B2B software company looking to enhance their lead generation efforts might issue an RFQ to several data enrichment providers. The RFQ would specify requirements such as enriching 50,000 existing contact records with additional firmographic data (company size, industry, revenue), technographic information (tech stack used), and intent signals. The document would outline delivery timeframes, data accuracy expectations (minimum 95% accuracy), and integration requirements with their CRM system. Vendors would respond with detailed pricing structures—perhaps $0.15-$0.50 per record depending on enrichment depth—along with their data sources, refresh rates, and compliance certifications. By comparing these responses, the company can select a provider offering the optimal balance of comprehensive data, reasonable pricing, and reliable service, ultimately enabling them to create more targeted marketing campaigns and prioritize leads with the highest conversion potential. ## You should also read: [Responsive Design](/glossary/responsive-designx)[Restful Api](/glossary/restful-apix)[Retargeting Marketing](/glossary/retargeting-marketingx)[Return On Investment](/glossary/return-on-investmentx)[Return On Marketing Investment](/glossary/return-on-marketing-investmentx)[Revenue Forecasting](/glossary/revenue-forecastingx)[Revenue Operations](/glossary/revenue-operationsx) ## Why teams choose Derrick. Powerful features that save time and boost your sales pipeline. ### ENRICHMENT #### 100+ data points on companies & leads. ### AI POWERED #### Run AI on Sheet for 0extra-cost. ### 0 MINUTE LEARNING CURVE #### Know Google Sheets?Know Derrick. ### BEST VALUE #### Same quality data, fora fraction of the cost. ## Every feature you need to succeed Comprehensive tools to find, enrich, and qualify your leads. [🤖 ### Derrick MCP AI PoweredUse Derrick data enrichment directly from Claude Desktop & and ChatGPT and any MCP-compatible AI tool.](/features/derrick-mcp)[🇫🇷 ### 🇫🇷 SIRET/SIREN Enrichment FreeEnrich French companies via SIRET/SIREN with identity, activity, directors and legal data.](/features/siret-siren-enrichment)[👔 ### LinkedIn Followers & Connections Count FreeEnrich profiles with follower & connections count](/features/linkedin-followers-connections-count)[🕷️ ### Import LinkedIn Leads (linkedin) FreeImport your linkedin regular leads into Google Sheets with a single click.](/features/import-linkedin-leads-regular)[🕷️ ### Import LinkedIn Companies (linkedin) FreeInstantly import company lists from Linkedin regular.](/features/import-linkedin-companies-regular)[✉️ ### Email Finder PremiumFind your prospects’ emails directly from Google Sheets.](/features/email-finder)[⚡ ### Search First Page Organic SERP Results on Google PremiumRetrieve all organic results from Google’s first page for your lists.](/features/search-first-page-organic-serp-results-on-google)[⚡ ### Search First Organic Result on Google PremiumFind the top organic Google result for your prospect searches.](/features/search-first-organic-result-on-google)[📱 ### Email & Social Extractor from Website PremiumExtract emails and social profiles from any website.](/features/email-social-extractor-from-website) and 100+ additional companies & leads data... ## Data-Enrichment Chain actions without technical knowledge. Everything happens in Google Sheet. [LinkedIn ### How to Find company Linkedin Id from Company Contact Email? Follow these steps to learn how to find company Linkedin Id with company contact email](/data-enrichment/find-company-id-by-company-contact-email)[LinkedIn ### How to Find Company Last Funding Announced On Linkedin from Company Website? Follow these steps to learn how to find company last funding announced on linkedin with company website](/data-enrichment/find-company-last-funding-announced-on-linkedin-by-company-website)[Company ### How to Find Company City from Company Name? Follow these steps to learn how to find company city with company name](/data-enrichment/find-company-city-by-company-name)[Company ### How to Find Company City from linkedin profile url? Follow these steps to learn how to find company city with linkedin profile url](/data-enrichment/find-company-city-by-linkedin-profile-url)[Company ### How to Find company tagline from Company Name? Follow these steps to learn how to find company tagline with company name](/data-enrichment/find-company-tagline-by-company-name)[Company ### How to Find Company Country from Company Name? Follow these steps to learn how to find company country with company name](/data-enrichment/find-company-country-by-company-name)[LinkedIn ### How to Find Company Followers count from Linkedin Company Url? Follow these steps to learn how to find company followers count with linkedin company url](/data-enrichment/find-company-followers-by-linkedin-company-url)[LinkedIn ### How to Find Company Followers count from Fullname? Follow these steps to learn how to find company followers count with fullname](/data-enrichment/find-company-followers-by-fullname)[LinkedIn ### How to Find Company Last Funding Announced On Linkedin from Lead Email? Follow these steps to learn how to find company last funding announced on linkedin with lead email](/data-enrichment/find-company-last-funding-announced-on-linkedin-by-lead-email)