Overview

Medius eTender is a comprehensive software solution designed to streamline and digitize the tendering process, from pre-qualification questionnaires (PQQs) to awarding contracts. This software provides a structured and efficient approach to managing tenders, ensuring better oversight of supplier bids and facilitating effective vendor selection. By leveraging Medius eTender, businesses can achieve significant cost savings, improve visibility, and enhance the overall efficiency of their tendering processes.

Features

• Automated Tender Management: Medius eTender fully automates the tender management process, including the creation of Invitations to Tender (ITTs), PQQs, and Requests for Quotation (RFQs). This feature ensures that all tender-related activities are streamlined and managed efficiently.
• Bid Evaluation: Use set criteria to automatically compare bids through automatic bid evaluation. This feature saves time and ensures that bids are evaluated consistently and fairly.
• Supplier Performance Reports: Generate detailed supplier performance reports to evaluate risk and make informed decisions. This feature provides valuable insights into supplier capabilities and performance.
• Tender Notifications and Reminders: Set up automated tender notifications and reminders for suppliers to submit their details. This feature ensures that suppliers are kept informed and deadlines are met.
• Questionnaire Templates: Use a library of tender questionnaire templates to quickly start the tender process. These templates can be edited as needed to capture specific details required for each tender.
• Contract Awarding: Award contracts directly within Medius eTender without the need for email communication. This feature ensures that all information is captured within the system, providing a fully auditable trail.
• Integration with Back-Office Systems: Integrate Medius eTender with back-office and third-party systems using Medius Connect. This feature ensures seamless data flow and efficient management of tender-related activities.
• Cost Savings: Achieve significant cost savings by removing poor tender submissions and optimizing the tendering process. Medius eTender can generate savings of up to 85% compared to manual tendering.
• Improved Visibility: Gain full visibility of all tender opportunities and manage tenders in one place. This feature ensures that businesses can track and manage their tendering activities effectively.

Benefits

Generate cost savings

With Medius Sourcing, you’ll be able to remove poor tender submissions from your sourcing process that waste your time. The use of a tendering platform can generate significant cost savings, up to 85% compared to manual tendering.

Improve tender visibility

See all your tender opportunities and manage tenders in one place. And because our technology is set up to automatically award bids when your specified criteria are met, it’s easy to secure an agreement with a supplier.

Evaluate bids more easily

With Medius Sourcing, it’s simple to compare bids when you can see everything compared against each other in one place.