Electronic and informatization of bidding and tendering not only helps to promote innovation in business management and business model, improve transaction efficiency and capital saving rate, make market competition more fully transparent, but also helps to promote China's economic efficiency, social efficiency and industry reform. Manage suppliers' online bidding through the online bidding process and benefit from the entire process.

Automating the e-tendering process

From pre-qualification questionnaires and tendering to bid evaluation, negotiation, and awarding, e-tendering systems help companies by automating the process.

Get a complete audit trail and process intelligence

E-tendering systems are essentially data-centric. In other words, every bidding process conducted generates information about the process and provides a complete audit trail that can be viewed to see what was submitted and when, as well as, the effectiveness of the bidding process. The e-process design provides an electronic solution for the entire process, especially the data query and statistical analysis function, which facilitates managers to analyze the basic data and improve the management level.

Reducing Costs and Conducting Sustainable and Environmentally Friendly Tendering

The e-tendering system not only saves postage, but also reduces the need to print and mail multiple copies, which has less impact on the environment. Through the e-tendering system can perfectly meet the needs of the times, paperless e-tendering mode, thus saving the cost of binding and a lot of paper, green.

Reducing bidding time

In addition to being able to negotiate skills as a criterion, many companies will also find that one of the main advantages of the e-tendering system is to reduce the bidding time. Traditional tendering suffers from long delays in pre-qualification questionnaires, the flow of tender documents, rounds of questions and frequent follow-ups.

Preventing Corruption in Tendering and Procurement

The electronic bidding system breaks the physical barriers of time and space, is highly traceable, improves the transparency of information in tendering and procurement, and reduces human interference in tendering and procurement. Due to information asymmetry, it can effectively prevent individual business personnel from colluding with others to commit fraud, black-box operation, leakage of secrets and other collusive events, reduce the probability of objections/complaints and risks of bidding and procurement, and further improve the credit and social image of enterprises.