iBusiness suite E- procurement is an effective e tender and procurement management tool. Managing procurement and tenders is a very time consuming exercise with a lot of paper work involved. Manual systems have some merit but are prone to errors and cannot deal with growing volumes of tenders to be managed by both buyers and vendors. More over in a Financial bid ,confidentiality is the key criteria to avoid the malpractices in any organization. INI Technologies offers, the complete end to end E Procurement Software Solution, which helps a company to effectively manage complete life cycle of a Tender starting from purchase indent to Purchase order through all processes of Vendor Registration, RFP, Tender publishing, Online Bid acceptance and Tender evaluation.
Vendor Registration Process - vendor can register through web access. Admin has the authority to approve the vendor registration. Admin will publish tenders based on criteria and approval from respective department. Vendors can submit their bids through secure web access. Once the bidding time is over all the received bids can be opened. Th e concerned person then evaluates and short lists the bids. After negotiation the tender is awarded to selected vendors. The finalized tender'(s) information will be provided in (. csv) format. so that, the customer can import to current ERP .