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Why Your Purchasing Organization Benefits

Beyond automation, electronic document distribution comes with a variety of benefits for purchasing organizations. By using an e-procurement service, response time between buyer and supplier is greatly reduced. Typically a SaaS procurement provider will offer suppliers centralized, web-based access to all of your organization's solicitations. This means once you've posted a bid opportunity for the web-based system, a supply can view it, download and respond instantly. Also, by electronic posting your RFP while on an e-procurement platform, it is possible to insure transparency. All vendors will likely be receiving entry to your bid, addenda or any other associated documents as well. Beyond that, some e-procurement solutions enable you to track and analyze which suppliers have actually downloaded bid documents, removing the ability for almost any potential vendor equality protests.

Getting Started with e-Procurement

The shift to e-procurement to help in document distribution is being adapted by a large selection of organizations, public and private. Many purchasing professionals are opting to join a web-based purchasing group or create their unique private cloud purchasing system. Either way, these bid systems are giving organizations the capacity to direct suppliers to some centralized electronic platform which has all its open solicitations, addenda and award information. A bid system makes electronic document distribution simple. Its intuitive functionality may offer buying organizations the ability to post open solicitations in minutes. With no hardware required, an e-procurement solution also offers buying organizations the capacity to navigate with little the assistance of IT professionals.

Bid Distribution through SourceSuite

SourceSuite, BidNet's e-procurement solution, has eliminated the paper process through its robust bid and vendor management features. SourceSuite's intuitive document distribution tools offer end users the ability to shorten response time and increase transparency with the cloud. SourceSuite allows buyers to distribute documents of any size, in every industry. Buying organizations have a very centralized location to post solicitations, addenda and awards. Its option would be reducing paperwork costs, time allocated to manual processes and resources helpful to distribute bids. SourceSuite currently helps greater than 900 buying organizations across the county featuring its configurable purchasing solution. Its electronic document distribution tools are only one of the many features to aid streamline the procurement process