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Tuesday, 31 March 2015

E-Tendering - A Great Way to Prevent Corruption

The grand arrival of internet technology has been responsible for transforming the traditional practice of tendering. Governments around the world have felt the urgent need to improve their services and to deal with all kinds of issues without delay and complications.

We are all aware of the immoral and corrupt practices that take place at tendering and procurement boards levels. The launch of E - Procurement and Online Tendering has definitely resulted in minimizing corruption at higher levels in the government. It brings transparency, easy accessibility to people and also includes other benefits such as conducting business transactions on the internet.
online tender process image

Online Tendering brings a lot of positive factors in the tendering and procurement business. It can be accessed any time and from any place. High level of efficiency, mass reach, easy access to information and details and more importantly; reduce high tender processing costs of the public sector in terms of time and money.

The emergence of the Internet has metamorphosed the entire process of tendering. Bidding for a tender online will provide an added advantage to both the government and its people by minimizing corruption while inviting bids for tenders. Time is easily managed and things can also be handled more efficiently. With the advent of the online system, tendering procedure has become less time consuming and inexpensive.

We all know of the disproportions and corruption involving tenders which have escalated to such proportions that works are already being dispersed among the delegated quarters even before calling for bids. Such kind of corruption in the process will also drive the foreign investors away.
To draw attention to its many beneficial features, it is of utmost importance that the positive factors of e-tender ought to be highlighted and brought to notice.

People should be made to comprehend that the process of online tender submission is a much simpler and easier process than manual tender submission. Even contractors, technologists and engineers are well aware of the benefits of e-tendering and the transparency that it offers. It is the ideal solution for combating corruption at the highest level in the tendering and procurement levels of the government.



Go to Lotus Procure WebsiteGo to Tender Alert Website
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Tuesday, 17 March 2015

E-procurement software got a lot of vantages


There are several e-procurement service providers. Generally the service supplier handles the implementation & supervising of the e-procurement scheme. It demands great expertise plus good information of the company's requirements to accomplish buy automation productively. E-procurement services are aimed for a monthly or yearly service fee. Abundant software companies furnish the procurement necessities through providing quality e-procurement services. Successful software dealing online buying deals all scenes of the purchasing process, changing from the requirement to the coming of merchandises. Usual e-procurement software characteristics RFQ
The software carries on with chores laying out from formulation of the inventory to the delivery of the commodities.

The producers of the software as well extend on-the-spot aiming for dealing the system. The absolute majority e-procurement services providers pattern their system to execute continually in the 24*7 model. In additional cases, they have discovered the precious object lesson on the most effectual styles of imposing e-procurement software.

Through an e-procurement software agenda and a little process fixing, your institution could spend more time and focus on driving down use and extending the most beneficial system to your neutrals. E-procurement helps companies in bringing down their prices and step forward the output through imposing automation in purchasing process. This mechanization diminishes financial plan items & losses that usually occur in conservative buys. In spite of the relaxing worldwide economy, increasingly companies are tolerant the vantages of automation.

Determine more info concerning E-procurement software from online and get the most beneficial solution online. E procurement software is between the most immediate techniques to have a quick return on investment from a software buy.  As of the last several years, e procurement software has advanced in jumps and bounces.  It is comfortable to impose, marketers are more increasing of the resolution, plus the capability of ROI is well translated.  If your business firm is not utilizing this software, it is potential you are throwing in a significant savings & time efficiency in your business firm.

Thus E-procurement software is not merely for opportunity 500 establishments.  Standard sized organizations could rapidly place into exercise e-procurement to have significant vantages.  The various companies have done the work in the e-procurement home.  In lots of events, they had delivered a main return.  This object lesson is now ordinarily distinguished in the manufacture and makes your life carrying out an e procurement resolution very much simpler.


Go to Lotus Procure WebsiteGo to Tender Alert Website



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