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Automate the entire tendering lifecycle for procurement of goods and services starting from creation of a purchase requisition through to the award of contract with strict control. Users can visualize the status of each tendering process of the comprehensive progress tracking function, reducing time for keeping track of status. Single point of access for TENDER INFORMATION , JV, SUB CONTRACTOR, VENDOR/SUPPLIER ETC
From the perspective of the client, tenderkings offer the greatest value for the amount of money spent. This is due to the fact that the client can choose from a wide pool of potential suppliers to select the ones that can produce the highest quality product or service at the lowest price point. This allows the company, establishment or organization to save money without having to compromise on quality. Therefore, despite being quite time consuming, tendering is, in my opinion, a profitable long-term process from an organization’s point of view.
The process of tendering helps promote a competitive market. This is because a number of potential contractors,firms or suppliers get a chance to bid for every project. And because selection depends on quality and price, every bidder tries to reduce operational inefficiencies and redundancies as much as possible in order to lower expenses and improve quality. This entire process encourages healthy competition in the market and prevents complacency and laziness, which in turn provides a boost to innovation and new ideas.
Reduce takeoff costs and errors with digital Which Helps in upgrading an individual’s knowledge, skills and competencies. Good training programs help you to retain the right people , grow profit.