Comparing costs and evaluating vendors
Compare quotes on total cost and fit, not just unit price, and know what's missing before you decide.
- Level
- Intermediate
- Length
- About 35 minutes
- Contents
- 3 lessons · 1 video · final exam
- Status
- Published · updated 1 Oct 2026
Skills you'll practise
- Calculate the total cost of each quote including extras
- Compare warranty, support and validity terms
- Identify missing information before choosing a vendor
- Recommend a vendor with a short, evidence-based reason
Course outline
- 1.Comparing vendor quotesVideo · 1 min
- 2.Total cost, not unit priceLesson · 12 min
- 3.Requesting comparable quotesLesson · 13 min
- 4.Tracking vendor performanceLesson · 12 min
- 5.Comparing costs and evaluating vendors: knowledge checkKnowledge check · 15 questions
- 6.Choosing a vendor with incomplete quotesScenario
- 7.Final exam8 questions · passing it completes the course, so people who already know the material can test out
Sources it draws on
The lessons and questions are written from these references, so learners can go back to the original.
- General accounts-payable controls: purchase-order matching, approvals, segregation of duties
See it with your own jobs and topics
Tell us about your team and we'll walk you through setup, from choosing jobs to your first skills check.