Frequently asked questions

Sign up and add your company. Then open Deals → RFQs → New RFQ. Enter the product, quantity and unit, destination, Incoterm, required certifications and the date you need quotes by.

You choose which suppliers to invite. Your RFQ is private: only you and the suppliers you invite can see it. Each supplier sees only their own quote, never a competitor's.

Use real requirements only. Sample or test requests are labelled and never counted as real activity.

Suppliers set their own prices. ABSB does not set, negotiate or guarantee any price.

To help you compare, ABSB converts quotes into the same unit and currency using fixed, shown formulas. If two quotes use different Incoterms or units that cannot be converted, they are marked “not directly comparable” rather than ranked. The cheapest price is never labelled the “best supplier”.

The landed-cost estimate adds the costs you enter, such as freight, insurance, duty, tax and handling. If duty or tax is missing, the estimate is shown as incomplete, not as zero. Exchange rates show their source and date.

Most deals have no split. The split applies only to deals the parties agree to run as a Joint Commercial deal.

For those deals, distributable profit (revenue minus approved direct costs) is recorded as: Supplier 50%, ABSB HQ 20%, Country Partner 10%, Distributor/Sales 15%, Referral 5%. Example: USD 100,000 revenue − USD 80,000 costs = USD 20,000 profit → 10,000 / 4,000 / 2,000 / 3,000 / 1,000.

If a role has no participant, its share goes to an Ecosystem Reserve; it is never silently given to others. A finalised calculation cannot be edited; changes create a new version.

This calculation is a record only. ABSB does not hold, transfer or pay out money, and the record does not create a payment obligation or a legal contract.