Answer
A Bid or Tender Management System is a dedicated software solution, designed for bidding organisations to organise and deliver their end-to-end Tender opportunities and submissions responsibilities.
The solution should ideally include intuitive tools and smart workflows to help your team better manage the process and multiple activities involved in Tender management. This includes:
- Sourcing and qualification Tender opportunities
- Easy and quick project set up
- Streamlined workflows and tasks automation
- Collaboration and team working
- Information management and sharing
- Approvals, governance, auditing and reporting mechanisms.
Many organisations are still undertaking their bid management activities using generic business tools, such as email and spreadsheets and finding these solutions inadequate for the complexity of tasks involved.
More Information
Read ‘Best Tender Management Tools to Win More Business!’ Blog to discover the impact of these generic business tools and the benefits of dedicated Tender Management Software.
