WhatisE-Tendering?
Electronictender("e-Tendering")isasignificantpartoftheeprocurementchain.Itisaprocesstosendorreceivetendersvia electronic/digitalprocurementmodes.Itstreamlinesthe procurementprocessandboostsefficiencywithaccesstoa higher-qualityvendorpool.
BenefitsofE-Tendering
Highercostsavings-e-Tenderingtakesabreakfromtraditional paperwork.Itfreesfromatenderingprocessthatrequires publishingatendernoticeinthenewspaper.
Transparentsystem-Offersquickandtransparentcollaboration withsuppliersofferingclearvisibilityofeveryactivityduringthe procurementprocess.Theaudittrailoffersspendvisibility, leavingnoscopeforconfusionbetw
Easytouse-Withaconventionaltender,factorssuchasdesign flairandaddressingcriteriabeyondwhathasbeenrequested mayundulyimpacttheoutcome.Withane-tender,everyone answersthesamequestionsandoftenwithinasetwordlimit,so
itshouldbeeasierfortheevaluatortoreachanobjective decision.Itreducesoverheadtasksandimprovesturnaround time.
Bettervendordatabase-e-Tenderingsystemallowsfor monitoringvendorperformanceandcreatingapoolofthebest vendors.Here,vendorscompetetogetyourcontract,andyou findthebestdealfromthebestperson.
Higherefficiency-Withe-Tendering,itisalldigitalwhich,helps increaseefficiency.Thereisnomorejugglingbetweensheets, excelfiles,emails,etc.,thatdelaystheprocurementprocess.
Simplerevaluation-e-Tenderingempowersyoutoaccessand manageinformationthroughaunifiedportal.Thiseasesthetask ofcomparingandevaluatingsuppliers.
Technologybenefit-Thisdigitalmodeoftenderingallowsyouto picktheprocessfromwhereyouhadleftwithoutworryingabout losingdataormissingthecontext.
