E-Tender is an online process that manages the tendering cycle. Simple and structured, this centralized process not only makes e-procurement easy, but helps organizations to scale up efficiencies while curtailing traditional tendering costs. This piece of writing will give you a great insight about how e tender benefits buyers along with how to get the ball rolling, especially as a beginner.
E-tendering key benefits for buyers
Manage bids online: By running e tender process online, the buyer, apart from getting benefited from a system that helps organize the processes, they have the advantage of simplifying things. This will let them have a clear and crisp view on what was submitted and when, while also helping the buyer to gain insight into the effectiveness of the tender processes.
Complete Automation:Eliminating the hassle of a manual tendering system, e tender paves way for complete automation and saves more on postage costs, while also leaving a much lighter environmental footprint by curbing the need for printing and posting of multiple copies. Eventually, this automation process helps the buyer to focus on the big picture that is their business.
Reduced time to procure:of all the other benefits a buyer can enjoy in e tendering, what many buyers will find to be one of the most advantageous aspect is the reduction in time to procure.
Electronic tender Vs manual tendering system
Unlike manual tenders, which is a time consuming exercise, e tender or electronic tender paves way for a more strategic and unified approach to e-procurement by creating a state of affairs, which enables both suppliers and buyers to have a more transparent, collaborative, and fair practice of tendering. Replacing the time-consuming process with easy to go options, there are more than a few reasons why suppliers and buyers should consider e tender. Reduced cycle time, paper work elimination, long queues riddance and high-level transparency in the entire process are a few to mention. Now that you are aware of the countless benefits, its time for the B2b connoisseurs to consider Bidzpro’s e-tendering system which is flexible and result-driven.