RFx Management2018-10-14T14:31:37+00:00

Better manage the request process, RFx formulation, event management and evaluation and selection, while seamlessly integrating RFx processes downstream into the contract lifecycle.

Request Management

Drive adoption with an intuitive request management process. Users can easily create and submit requests, and better visibility into existing contracts and performance can help them submit more informed requests. Users can collaborate on defining requirement specifications, and workflows help enforce the right review and approval process. Buyers can also inform their sourcing processes with smart visibility on requests.

RFx Package Creation

Get more competitive bids by assembling an RFx package based on business rules, ensuring that the right requirements with corresponding terms and conditions are shared with all invited suppliers. Workflows make sure that users leverage the pre-approved terms library and templates when preparing RFIs, RFPs and RFQs, with smart inclusion of NDAs and other required components.

Event Management

Conduct online bidding events that are secure, transparent and efficient. Users can define sourcing events and invite suppliers to participate on the portal with real-time visibility. The platform automatically maintains all records related to the events with no loss of information. The platform also manages event milestones, enables notifications and captures proposals and bids from invited suppliers.

Evaluation and Selection

Improve efficiency in the evaluation and selection process with structured, system-driven insights on supplier bids. The Icertis platform helps stakeholders collaborate on the selection process and scores supplier responses based on rules defined for response templates. Evaluations can be updated against supplier responses, and workflows help enforce the review and approval process on selections and awards before initiating contracting.

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