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Streamline the complicated process of obtaining competitive pricing and issuing purchase orders with EZbid.
With the EZBid module, RFQs can be easily generated from requisitions and issued to suppliers over the Internet. This RFQ bidding system automates a traditionally manual process through an Internet application for the standard “request for quotation to award process.”
Both the buyer and sellers access EZBid via a web browser. The buyer creates the RFQ in TabWare and the sellers provide pricing. In addition to capturing and ranking bids by price EZBids supports the distribution of technical and commercial documents between the buyer and sellers.
Supplier responses are automatically tabulated and suppliers are ranked to facilitate awards. Once the competitive bidding has been awarded, the winning supplier response can be quickly and easily converted into a Purchase Order.
* Internet sourcing for competitive bidding * Integrated with TabWare requisitions & purchasing modules * Automated bid tabulation, ranking and recommendation of suppliers * Electronically distribute documents * Obtain unit pricing for goods and services * Payback in a few transactions * EZBid competitive bidding can reduce the cost of RFQs and bid management by up to 80%.
The buyer can create RFQs, view bids, perform analysis, make recommendations for award, obtain approval, and award a purchase order - all online.
EZBid is an RFQ Bidding System that enables AssetPoint customers to consolidate and manage all RFQ activity thereby significantly reducing costs.
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