e P R O C U R E M E N T R F P P O R TA L (REQUEST FOR PROPOSAL MANAGEMENT) The RFP Portal is a platform for you as a Buyer organisation to invite Suppliers to participate in the Request for Proposal or Tenders. This platform enables you to publish RFPs to invited suppliers. Based on their responses, you can compare based on pre-defined criteria to select the supplier. You can also run Reverse Auctions (Online Bidding) events.
PROBLEMS WE SOLVE Organisations, big and small, would like to do RFP based procurement for raw materials, packaging, transportation, IT hardware, software projects, office furniture, and all areas where the vendor selection decision is an important one. However, in a paper/excel/email -based process its almost impossible to run RFPs in an efficient manner.
BENEFITS YOU GET - A formal RFP ensures that specifications for the item to be procured, and criteria for supplier to be selected, are thought through clearly - Since comparisons are on Technical as well as Commercial criteria, you can make more informed decisions on the supplier - You get the lowest prices and best terms - You create a professional and transparent procurement process
HOW IT WORKS
Collate technical specifications
Publish RFP to invited Suppliers
Responses submitted by Suppliers
Technical & Commercial Evaluation
Shortlist and Finalise Supplier