BusinessBid is a user friendly eSourcing solution that will help you run transparent RFQ’s and eAuctions enabling you to achieve significant cost and time savings
BusinessBid has successfully made its mark in bringing all Procurement solutions to one place.
You just name the Procurement process, and we return you a banging eProcurement Software.
Here’s what we are offering:
cost savings when running eAuctions
or less to create a Purchase Order
faster procuring with BusinessBid
procured through BusinessBid
BusinessBid eProcurement software provides you with a seamless platform to maximize your savings in terms of providing you with the market competitive prices. It provides you with an easy channel through which negotiations can be made with the suppliers in a short period. As a result, you can make effective cost-saving decisions without causing extra leverage volume of buying.
With BusinessBid eProcurement software, you will experience a considerable difference in your company’s productivity. The threshold level of productivity increases with the use of automated procurement processes, simplifying day-to-day tasks, seeking approvals, keeping track and control of the spending, and the linked processes.
BusinessBid’s eProcurement Software Supplier Relationship Management (SRM) system brings all the suppliers and buyers on a single, unified platform. A transparent communication channel is connected through which both the parties can exchange emails, carry out negotiations, send messages, chat, and review purchase history. Users can also exchange information about future purchasing and new products in the market, which helps in building healthy supplier relationships.
One of the major key features of BusinessBid eProcurement software is transparency. All the process flows, the current status of requests, contracts, purchasing, and expenditure, can be monitored using a single dashboard. The software also allows you to control the expenditure, which helps in allocating the budget with the help of reviewing the statistics, and allows you to authorize the personnel responsible for making significant decisions.
Companies save an average of 17% when sourcing using BusinessBid’s reverse auction tool.
Reduce maverick spending by sourcing through BusinessBid Procurement Software and bring more spend under management.
A transparent eprocurement process improves relationships with all stakeholders and provides auditability.
Compared to using emails, sourcing through BusinessBid Procurement Software saves over 30% in time and helps stay organized.
It helped my company to choose and implement this tool for our procurement process. Initially, we use basic parts like generating RFQ and RFI but later we were amazed by how easy to organize our supplier and products database in this tool. They have more advanced features like Auctions and invoicing but we never used them.
This software allowed me to issue a large-scale raw materials RFP comprised of over 1200 raw materials and 55 suppliers with minimal training while reducing my workload considerably. BusinessBid worked with me to understand what I needed and customized the platform almost exactly as I needed it.
Very fast, robust team. They helped me scale the business. The client and supplier interactions are very easy. It has better features. This is very practical software in our line of business.