For Buyers
Streamline the sourcing process
With automated RFQs, follow-up and delivery, we ensure your project moving on time and your suppliers accountable.
Taking advantage of cross-border competition gives buyers better choice in terms of the quality and price of the subject of the contract.
Start by choosing "Buyer"
Preparation of Request (RFQ)
- Create the project
- Select the cost breakdown sheet (EVS or TALO)
- Create qualification conditions of the tender
- Create technical requirements & specifications
- Draft the terms of the contract (YSE)
- Get the first look at eligible products, delivery time, total price, and customer feedback
Prequalification of Suppliers
- Select the favorable products/suppliers that meet the requirements
- Check the detailed product/supplier information to be secure about compliance
- Add additional tollgates to pre-qualify the bidders
- Change the tender conditions in order to expand/reduce the range
Tendering
- Invite pre-qualified bidders to the tender
- Share the tender documentation and manage questions/answers
- Monitor the activities of the bidders
- Accept the submitted bids
- Get initial overview of the bids
Assessment & Awarding
- Compare & analyze the bids.
- Get the variance & variance reports.
- Level the bids by price & compliance.
- Get the recommendation for awarding
- Award the bidder
Financing & Contracting
- Choose the appropriate financing model
- Choose the appropriate cash-flow model (milestones or after delivery)
- Sign & manage your contracts
- Use the warranty in case of non-compliance