BID TECH : Online Procurement Software, Online Forward and Reverse Auction

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Bid Tech

Procurement made simple & electronic. Bid Tech 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.