We all understand in today’s world how much the businesses especially SME/MSME value transparency as it offers them an opportunity to compete and grow. That is why the implementation of an electronic procurement system is extremely important. It offers the required transparency, streamlining the buying process, simplifying the processes and cutting down on procurement cost. 

Importance of e-tendering

Apart from powering with the absolutely required transparency, the implementation of the electronic procurement system also helps in simplifying the processes, streamlining the buying procedures and cutting down on the cost of procurement. Basically it offers an end to end unified solution, that covers the complete procurement cycle which includes the indent requisitions, electronic notifications, catalogue management, tender evaluation, tender awards and post-tendering activities. 

What is TenderWizard and what do they do?

TenderWizard is an end-to-end e-tendering and e-procurement solution that is robust and built with lots of features. Through an interactive and real time interface it captures the entire range of tendering functions which include the dynamic vendor database creation, indent requisition, notification of e-tender and announcement of corrigendum, tender document issuance, payments via internet payment gateway and NEFT or RTGS channels, tender document electronic submission in electronic tender box that is secured, client side encryption of vendor bids, technical and commercial evaluation, comparative statement auto-generation, negotiations and award, re-tendering, tender contracts operations management etc. TenderWizard is exclusively web based government to business (G2B) product that is designed for buying goods and services through tenders (local competitive bidding – LCB, national competitive bidding – NCB, international competitive bidding – ICB), quotations (RFP or RFQ) reverse auctions, catalogues or selling goods through tender-cum-auction process.  

Features of TenderWizard

It has standard modules and then add- on modules which are provided on demand. 

The standard module covers the following:

  • Tender management
  • Vendor management
  • User set up configuration
  • Tender evaluation committee
  • Financial information system
  • PO & awarding management
  • Interface to central public procurement portal – government of India
  • E-payment collection gateway and electronic refund
  • Digital signatures
  • MIS reporting
  • Notification alerts via email/sms

But based on demand of client, there are add-on modules that can be provided and they are:

  • Interface to legacy systems and applications
  • In-line integration to third party applications
  • Vendor rating and empanelment system
  • Contract management system 
  • Indent requisition and aggregation
  • Catalogue purchase system

TenderWizard has its physical presence in Delhi, Bangalore, Kolkata, Chandigarh and Patna. It is also a member of NASSCOM (national association of software and services companies), IIMM (Indian institute of materials management), Electronics and computer software export promotion council, ministry of commerce, Government of India. 

Who uses TenderWizard products

Lots of large scale organizations that are legacy and need to deploy an e-procurement transition. For example government bodies like central government departments like CPWD (Central Public Works Department), PSUs (Public sector undertakings), state government departments, corporations, autonomous bodies and institutions, boards etc. 

What is CPWD 

CPWD was formed in July 1854 when Lord Dalhousie set up a central agency to execute the public works and set up Ajmer Provisional Division. CPWD with its professional expertise in various disciplines like architecture, engineering, project management along with a comprehensive experience in construction and maintenance of buildings, has been serving the country for more than 162 years and has delivered priority of works in rather difficult and demanding climatic and geographical conditions. Today CPWD has evolved into a full fledged construction management department that offers services from management of project concept to completion, consultancy and maintenance. Majority states contributing to CPWD tenders are Delhi, Rajasthan, West Bengal, Uttar Pradesh, Tamil Nadu and Telangana. 

CPWD’s presence and organization structure

It has a pan India presence under which it can undertake the construction of complex projects even in the most difficult terrains and then the post construction maintenance stage too. The principal technical advisor to the government of India or the DG is the head of CPWD. Further regions and sub regions are under the special DGs and additional DGs. In the past they were involved in building stadiums and other necessary infrastructure for the Asian games of 1982 and commonwealth games of 2010. Recently they have been involved in the construction of Afghan parliament building thereby taking their work beyond the national boundaries. 

Just like CPWD, many large PSUs and government organizations deploy tenderwizard modules to progress and move to electronic tendering. You can always access each of these organizations’ websites to see the list of e-tenders published online there. But what if your life was to be made even more simple with all these online tenders also aggregated on to one single platform. That is exactly what BidAssist does. There are similar tender search platforms, but BidAssist is unique in its offering. 

How is finding relevant tender different from competition

Unlike any other tender search platform where users can’t search tenders for free, BidAssist allows you to search for any tender absolutely FREE just like Google. As a matter of fact, users can search for their relevant search term/keywords related to any tender even within BOQs (Bill of quantities). While the BOQ search is enabled by default, one can always disable it by using the “More Filters” button. Additionally there is an “exact search” option which can be used in case the search results are not relevant for you. 

How to receive and control of multiple notifications on different channels

BidAssist gives you absolute freedom and choice to select the notification channels you want to receive them on. Via the notification settings in your profile, you can choose to receive the latest tender notifications on SMS, WhatsApp and Email. If you have a team and you want them to access the latest tender notifications, you can add up to 5 unique email ids as part of the standard plan and if you need to add more email ids, just reach out to the BidAssist support team for the same. 

Unlike other tender search platforms, you can even access your notifications from the bell 🔔 icon on BidAssist.com. Furthermore you can even filter the notifications by date range OR by notification type (like follow tender notifications Or daily tender notifications). Moreover you can set your notification receiving frequency as daily, weekly, monthly. Everything is in your control, always.

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