E-Tendering Solution

What is e-Tender ?

Internet based complete tendering process.

From  advertising to receiving and submitting tender-related info are done online.

More efficient as paper-based transactions.

Reduces tendering cycle time .

Reduces most of the indirect costs.

Benefits of Tendering Authority:

Completely Automated Process

Shortens Procurement Cycle

Economical and Environment Friendly

Greater Transparency

Improvement in work culture in the departments

Helping System Evaluation process

On the fly reports (Comparatives statement )

Minimize Human errors

Minimal Storage Spaces

Change in Perception – Progressive Organization

Lesser trouble of communication and administration

Benefits to Suppliers/Contractors:

Anytime & Anywhere Bidding

Fair, Free and Fearless participation for vendors.

No dependence on Newspaper, Courier, Banks,…

Zero Administrative trouble

Can carry out all activities from any computer

Economical – saving on Traveling cost

Reduces efforts & cost of bidding

No tenders can be missed because of distance

Can submit bid on last minute

Manual Vs E Tendering System

Manual Tendering System Longer Procurement Cycle Expensive Paper Based Procurement No work on Holidays Space Wastage to store bids Prone to Human errors Content not sharable Physical Security Not retrievable Restricted Mobility Ideal till 2003		E - Tendering System Shorter Procurement Cycle Economical – Fixed Cost Internet based Procurement Bidding possible on Holidays Lifelong storage on CD Automated & Accurate process Shareable Content Foolproof Security One click access to bids Anytime – Anywhere Bidding For year 2004 & Beyond