STREAMLINE PROCUREMENT PROCESS, SAVE TIME AND GENERATE HUGE SAVINGS WITH MTENDERS E-AUCTION SOFTWARE
With our electronic auctions software, you can take care of every aspect of an online supplier auction, from creation and publication through to negotiation and evaluation. It allows your suppliers to compete with each other using a transparent, real-time bidding environment, so you can benefit from increased savings opportunities, maximize the commercial advantages and get the best possible outcome from your procurement processes.
Procurement is a vital part of any business. Every organization must procure various products and services from third-party vendors in order to operate effectively and produce its own goods and services. eProcurement system also helps organizations achieve non-financial goals, such as sustainability, lessening of environmental footprint,etc.
Mentioned below are various steps that help in streamlining the procurement process:
Recognize the internal need
Assess and select a supplier
Negotiation with the selected vendor
Release a purchase order
Receive an invoice
Receive and audit delivery
Maintain proper records
E-AUCTION SOFTWARE BENEFITS AT A GLANCE
INCREASE REVENUE POTENTIAL
and reverse auction
FLEXIBLE AUCTION TYPES
Our software supports a range of auction types including English, Dutch, Japanese, Dynamic and Sealed Bid eAuctions. This gives users the flexibility To choose the method that’s most suited to the product or service type.
EASY SET UP
Designed with users in mind, our eprocurement system is extremely initiative and easy to use. You can quickly create and tailor an auction event using as little or as much information as you need, to ensure that your suppliers are fully aware of exactly what they’re expected to provide. You can also use event templates or clone previous events for repeating auctions.
LIVE MONITORING AND ANALYSIS
With real-time data and in-depth analysis, you can stay on top of your eAuction process and make informed business decisions without delays.
for your specific