Award Management

Award management is the process of overseeing the procurement lifecycle, including pre-award, award, and post-award activities.
This assists businesses efficiently find suppliers for upcoming purchases at the right price. Multiple vendors respond to procurement opportunities electronically. These bids are evaluated, potential vendors shortlisted and reports prepared for the procuring entity.

This system can be used for:

  • Tendering
  • Request for Quotation
  • Comparative Bid analysis
  • Prequalification of suppliers.

The paperless aspect of e tendering saves money by eliminating paper and printing costs and manual processes. This saves time, reduces errors and fraud.

Reports can be integrated to AP automation, ERP Systems and make global mass payments.