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Friday, 27 February 2015

E-Tendering System - The Finest Way to Grab Beneficial Business Opportunities.

Tendering process is the finest way to grab beneficial business opportunities. State and local government in India, indicates their enthusiasm for the tendering process by publishing new tenders everyday. This enthusiasm is not only shown by Government sectors but by Private sectors as well.

A major part of Indian Tenders belongs to Mining and Construction Tenders. India is also counted as leading supplier of coal and mineral elements across the world. Thus contribution of mining and construction industries in economy of country is obligatory.

How E-Tendering Solutions playing a vital role?
Old paper based tendering system are no more in fashion; it was difficult to manage them, and also chances of losing some important database. Manual tender processes are found to be long and cumbersome, that is costly for both buyer and supplier organisations. Now, e-tendering solutions have step into the market that are widely accepted and appreciated. These solutions are Bringing buyers and Suppliers together at one online tendering portal. These systems work online and allow users to go through each phase of tendering process without stepping out of their homes. E-tendering is a relatively simple technical system which caters secure e-mail and e-document management.
Here you may find startling attributes of e-tendering Systems:
1. Highly Secure electronic communication
2. Information and details about tenders published
3. Users are authorized to bid online
4. Let you aware of any new tender publishing, upcoming tenders etc. along with their opening and closing date
5. Let you interface with other users
6. Audit trail
7. Management information & reporting
8. Low procurement cost in comparison to manual tendering process
Today almost all Indian Tender process is run by these online portals.
How to contract a successful Service Agreement using e-tendering solution?
Above we already have discussed about features of online tendering solution, now here are steps to make a successful Service Agreements. A number of website is offering today to bid online. What you need to do is to get registered with them. After that you become enabling to access, search, post and bid for tenders. These service provider companies have team of professionals who keep their eye set on all tenders release, opening & closing date, upcoming tenders etc. They inform you if find a contract meeting with your requirement via emails and notifications. Some also helps you in finding a perfect vendor that helps you in getting a successful business contract. You can also interface with registered users. All these things make you grabbing instant Indian tender opportunities.
From finding new Mining and Construction Tenders to bid on, to finding a vendor, and getting competitive quotes from experts to delivering your bid, you can do it all from a single user-friendly website.
What makes a quality bid?
Various factors can be determined for the winning and losing a tender. But you need to do the things carefully and in a better way to increase your chances of winning service agreement. Here are few must follow things for quality bidding:
1. Quality of writing
2. A thorough response to the requirements
3. Good presentation

Go to Lotus Procure WebsiteGo to Tender Alert Website

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Thursday, 12 February 2015

The Advantages of E-Procurement System

Every large and small business need to deal with many purchasing and selling goods and services for their business purpose. This process is refereed as Procurement and when Procurement is done by Internet then it called e-procurement. The E-procurement is a new age procurement process and very essential for modern growing business community. As we all know the internet is the future of the business then E-procurement would be very important for all the business houses.
The E-procurement process includes all the purchasing and selling materials, goods or services from paperclip to lawyers. The modern E-commerce era is growing day by day and this progress affects all the small and large companies very strongly, thus the need of online procurement is become very essential.

The Advantages of E-procurement are very clear. Because of negligible paper work and other expenses it is considered as very cost effective as compared to traditional procurement system. It also widen the range of your business as internet is worldwide and you can deal or offer service to beyond your region. For buyers, there is many advantages as it is more transparent and user friendly environment. The buyers could easily sort out the selected bid and categorized the bidders as per their status and offering. The buyers could easily contact the bidders or suppliers and view all documents and other important data at one place any time. The similar advantages for suppliers as they can view and manage all their bids at one place and could easily contact the buyers. Actually the E-procurement solution creates a hub point for buyers, suppliers and other authorized partners. This type of collaboration can really make modern business to a new height.

The Electronic Procurement or E-procurement is now adopted by many organization ranges from small to medium, it includes all the government and private sector The E-procurement process may differ for every organization, depends on what types of software or online e-procurement solution they are using. The performance and features are also depends on that. Many private and government organization has their own automated E-procurement system and many take services from other E-procurement solution. There are many good online systems out there over internet like “Lotus Procure”. “Lotus Procure” is a good automated E-procurement system focusing companies from India.  You can also find some good companies or software if you want to take the advantages of E-procurement. But make sure the platform or system has all the required features for doing end to end business over Internet.

Tuesday, 10 February 2015

Know All About E-Tendering in India

The E-Tender or Electronic-Tenders is the process of tendering in which the all the activities like advertising of the tender, placing the order and awarding of the tender are done online. It is totally online process and no paper work is carried out during this process that means the related documents also submitted online during E-Tender process.
E-Tendering System is hugely adopted by the many Indian public sector companies’ as well private companies. E-Tendering process has many advantages over traditional tender system. It is regarded more transparent, efficient, fast and easy process than the traditional tendering system.


Why E-Tendering system?
The traditional manual tender process is some time can be very long. The procedure sometime takes two to three month to complete which can affect the costing and excessive burden to both the buyer and company, also it doesn’t have any ease of access to tendering process like the E-Tender process have. E-Tendering process reflects the modern digitalization word thus it is more accurate, transparent. There can be many features in E-Tendering process depend on the E-Tender service provider.
What is E-Procurement:-
In the short words an E-procurement solution is purchasing the goods and service through online process. E-Procurement process covers processes like   auction, reverse auction, catalogs, invoices and all other E-tendering process.

What are the Benefits of E-tender:-
Now as we all know the Electronic tender has many benefits to both suppliers and buyers, some of them are below.

Reduce the overall time of tendering process
Easy to manage for suppliers like rejection of the bid, modifying the bid.
Quick access to all questions regarding the bid and can answer them instantly.
Improved quality of specification of tenders.
It is cost effective by reducing the paper process and other expenses.
Suppliers can receive the notification of online tenders
Suppliers can track their bid online
E- Tendering in India –
E-tendering is now very frequent in India. Many government bodies as well as private bodies are now fascinated towards E-tender. Many government bodies use their own E- procurement system but there are some organizations like “Lotus Procure” that make E-Tender process flawless and very easy to operate.
The Lotus Procure is an online platform which makes all the E-Tendering process very accurately like creating the tender, placing the bid and awarding the tender. There are also other benefits using Lotus Procure which you can know to go to their website http://lotusprocure.in .