Procurement made simple & electronic. BIDTECH encompasses within itself the unique features for Procurement Management & Reverse Auction Procurement. It offers procurements for B2B, B2C and B2G purchases and sales, Vendors Registration & Management, empanelling them for categories and conducting bidding for procurements.
Its features include Vendor registration and approval, Generation of purchase requisition, Generation of RFQs, Automated intimation to vendor through SMS and E-mail, Submission of online re-bidding by vendors, Automated bid analysis and categorization, Bidding or re-bidding by vendors, Decision support system for allocation of bids.
Bid Tech Advantages
- Bid Tech skillfully unifies disconnected, disparate Systems and data sources with flexible platform.
- Increases savings by reducing process costs and purchase prices for goods and services.
- Accelerates and automates procurement process compliance across the enterprise.
- Maximizes contract savings realization.
- Deepens & enriches supplier relationships.
- Evaluates suppliers & improves both the procurement process and data visibility.