You can create a detailed list of specifications, units, amounts and guiding prices based on a catalog in each bid request. Reference documents can be added as well as bid conditions and detailed specifications.
Selection of suppliers
You can select suppliers and invite them to submit a bid. Selection of suppliers can be based on region, qualifications or customer-specific criteria. Each supplier receives a personalized email containing a link to the bid request.
You can create a standard email template for inviting contractors, subcontractors and suppliers. The emails, using such templates, automatically get filled out with the information from the bid, using the system parameters.
Contractors, subcontractors and suppliers can download documentation and enter their prices or turn down a bid. In the case of auctions, the highest or lowest submitted prices are displayed.
Quick comparison and selection
This is done online, no more a need for paperwork or spreadsheets. Bids are displayed in a matrix diagram with items and suppliers' price bids, allowing you to easily compare prices. You can pick and choose items from individual suppliers or accept a bid as a whole.
Bids can be automatically converted into purchase orders or work orders and thus award the contract. You can award components of the bid to different bidders based on the price of each item in the submitted bids.
To find out more about the extensive options available, please contact us.