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Tendering

Tenders

Choosing the right supplier is lot easier now! The Tender Management Software helps both the buyers and the suppliers to reduce the cycle time, unnecessary paper work, waiting in long queues and simultaneously maintain the transparency in the entire process.
Managing tenders worth crores of rupees can be costly, time consuming and disruptive to normal business activities. What's more, you're not always sure to source the best solution. Thankfully, your job can be made a lot simpler with the comprehensive tender management software solution.

Structured modules.

The software consists of various modules, covering every aspect of your project, from requirements development or indent creation to tender publishing, submission of bid to their evaluation and administration. The modules are used progressively, each integrating with, and flowing from one to another. Each of the module uses a common database thereby avoiding data duplication and ensuring that the same data is available to all.

Save Time
Completing the tender cycle for products or works is a lot shorter when you use the software. In fact, the software helps the organizations achieve time savings of around 30% to 50% by using the predefined but dynamic formats and processes
Save Money
The software delivers substantial cost savings. Departments can immediately reduce their advertisement and printing & stationery costs drastically by publishing the tenders on the MarketSite.
Select the right product or service
The requirements management module ensures that all input is received from interested parties within the departments and an accurate, and complete, Statement Of Requirement or Indent is produced.
Select the right supplier
The standardised and transparent tender evaluation process ensures that the right supplier is selected and all risks and issues identified, addressed and resolved prior to selection.
Justify your decision with a detailed audit trail
Once you've chosen your supplier, the software provides you with a detailed audit trail to back up your decision. So there's no need for lengthy justifications to unsuccessful tenderers.
Compatible with any industry type
The software can be used for all the departments across different industries. You can rely on the software for major tender projects such s civil works, medicines, computers etc.

The key benefits for Purchasers are:

Vastly expands the Supplier base and consequently obtains the most competitive tendersignificantly cuts the time and costs of publishing Invitations to Tender ·
Responses are received in an easily manageable format, and held securely until the closing date and authorized staff can track the arrival of Tenders
Responses can be automatically sorted and analyzed for initial evaluation
Clear and indisputable audit trail provided by the system
Saves time and resource searching for the right contracts by receiving immediate e-mail notification of relevant Tenders as soon as they are published
Cuts the time and cost of preparing Tender Responses
Knowledge that the Tender Response will be securely stored and will not be opened until the deadline