What is eTender software? Image

What is eTender software?

eTender software, which is also sometimes known as tender management software, is software that establishes seamless communication between buyers and suppliers throughout the tendering process. It helps businesses deliver effective sourcing strategies, which results in better buying outcomes. 

For more information about eTendering visit our glossary.

What is eTender software? Image

Medius eTender features

Medius offers market-leading eTender technology. It features:

Really easy process management

Bring structure to your tendering process with simple-to-use software that helps you create ITTs, PQQs and eRFXs, quickly and easily. Once created, set up automated tender notifications and reminders for suppliers to send details.

Create questionnaires easily

Use our library of 25 tender questionnaire templates to get your tender process started quickly. And if you need to change anything, you can edit these as much as you like to capture the details you need.

Automatic bid scoring

Use set criteria to instruct our tool to compare bids through automatic bid evaluation without actually doing it manually. If you need that extra level of detail, supplier performance reports, generated from their details as well as tight integration with external tools such as Dun & Bradstreet, allow you to evaluate risk and make smarter decisions.

Click to award a tender

Once it’s time to award a contract, do that all within the Medius platform without having to send an email. All this information is captured within our system, so you’ve always got a fully auditable trail.

Really easy process management

Bring structure to your tendering process with simple-to-use software that helps you create ITTs, PQQs and eRFXs, quickly and easily. Once created, set up automated tender notifications and reminders for suppliers to send details.

Create questionnaires easily

Use our library of 25 tender questionnaire templates to get your tender process started quickly. And if you need to change anything, you can edit these as much as you like to capture the details you need.

Automatic bid scoring

Use set criteria to instruct our tool to compare bids through automatic bid evaluation without actually doing it manually. If you need that extra level of detail, supplier performance reports, generated from their details as well as tight integration with external tools such as Dun & Bradstreet, allow you to evaluate risk and make smarter decisions.

Click to award a tender

Once it’s time to award a contract, do that all within the Medius platform without having to send an email. All this information is captured within our system, so you’ve always got a fully auditable trail.

Benefits of eTender software

Generate cost savings Icon
Generate cost savings

With Medius eTendering, you’ll be able to remove poor tender submissions from your sourcing process that waste your time. This will generate significant cost savings, up to 85% compared to manual tendering.

Improve tender visibility Icon
Improve tender visibility

You’ll also be able to see all your tender opportunities in one place in our supplier portal. And because our technology is set up to automatically award bids when your specificied criteria are met, you’ll need to do little to secure an agreement with a supplier.

Evaluate bids more easily Icon
Evaluate bids more easily

It’s simple to compare bids when you’ve got technology that allows you to interrogate data in a digestible format, in one place.

Integrate eTender software with your back-office

 Image

Rapidly bring together your back-office and third-party systems using Medius Connect. It features:

  • Implement any Medius solution, including eTender, and then set up connectivity with your ERP or back-office system
  • Manage a stable integration with our ERP, using pre-built connectors