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It also
cuts down on the public sector’s biggest tender processing costs
– advertising, preparing, printing and disseminating tender documents,
and then processing bids – both in terms of money and time. |
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The outstanding difference with NexTenders is its focus on the tendering process and not just on document exchange. For example, the system is designed to accommodate features such as ‘time-locked multiple envelope bidding’ and ‘tamper-proof data integrity’ which are critical for public sector procurement. In comparison, e-procurement solutions designed for private sector procurement tend to be document-centric and rely on back-end integration and business process re-engineering to generate value for clients. NexTenders has been providing the eProcurement/eTendering solution both on an Application Service Provider (ASP) and Licensing models. The eGP had handled over 170,000 of tenders across the various implementations in the last 7 years.
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© 2010 NexTenders (India) Private Limited |
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