Tendering is a complex, tedious and time-consuming process, and tender teams need the skills and dedication to deal with the complexity of the job. Some quality and even leading suppliers choose to avoid the costly and lengthy pre-sales investment of tendering. We recommend the 8Manage SRM e-tendering system to owners:

8Manage SRM?improves the efficiency of tendering by guiding you through a very structured process. 8Manage SRM takes you step-by-step through the tendering process, and sometimes it requires you to complete one section before you can move on to the next. Even when this is not the case, tenders are divided into separate sections and often have specification requirements, making it easier for suppliers to provide buyers with the information they need.

The layout and questions are clear, participating suppliers don't have to worry about format or formality, and no one benefits from a design or creative edge.

For this reason, e-tendering goes some way to leveling the playing field. With traditional tenders, factors such as design style and resolution criteria beyond what is required can adversely affect the outcome. With?8Manage SRM, everyone is answering the same questions, usually within a set word limit, so it's easier for evaluators to make objective decisions.

8Manage SRM includes anti-dumbing mechanisms. For example, it prevents a bidder from submitting an e-bid if the bidder has not completed all the required sections, or it warns bidders if they provide incomplete content or fail to provide attachments. That is, suppliers are less likely to submit non-compliant bids without completing the required questions.

Using 8Manage SRM also means you can pick up where you left off last time. The system tells you how much has been completed and how much is outstanding, which is important for project management and keeping bids on track.

Improving quality

Another benefit of using ?8Manage SRM?to do complete bids is that all participants can see everything as well as the audit trail, improving the integrity and transparency of the bidding process. Not only does this provide a fair opportunity for suppliers (which is what e-tendering does for them), it also allows your team members to log in and find the information they need.

Effective Vendor Data

One of the biggest headaches for bidding teams is the lack of a complete database of vendors, including personnel, past work and experience, and performance evaluations. If bidding teams use the 8Manage SRM?system, they will gradually build a database of suppliers relevant to their organization's business, which will eventually become a valuable asset to their organization.