RFQ and Bid Management with a Vendor Portal
Invitation to Bid
Vendor portal
Eliminate emails and manual effort by taking advantage of the 4castplus vendor portal to help manage the entire bidding lifecycle. Issue your bids through the portal where vendors can securely login and download documents, interact with the buyers and submit their proposals. Keep the process orderly and reduce the clutter.
Evaluation and Award
Commercial bid evaluation
Whether a sealed or open bid process, 4castplus gives your team the evaluation tools to objectively choose the best vendor(s) for the award. Preconfigured evaluation criteria, Q&A, pricing standards, etc. help your team to collaboratively choose the right solution.
Award to purchase order
4castplus provides an “award” process that enables the buyer team to follow a few simple steps to award the RFQ to one or more bidders. The system will auto-transfer all the RFQ data and documents to one or more purchase orders.
RFQ is integral to the full procurement lifecycle
4castplus enables you to consolidate the bidding process while giving your contractors and suppliers clear visibility into the process and required actions. You can create and issue requests for quote in an easy-to-use interface, then leverage the system to help you manage the documents, communication and award process. Put an end to all the manual steps and remove the messiness of managing multiple vendors and communications. Set exacting guidelines and consistency so all your RFQ/RFP processes follow your procurement standards.
Pre-planning and
scheduling
Document
management
Built-in award
process
Vendor forum for interactive discussion stream
Preconfigured Q&A templates
Configurable contract templates
Pre-planning and scheduling
Document management
Built-in award process
Preconfigured Q&A templates
Vendor forum for interactive discussion stream
Configurable contract templates
Step into the future of project management with 4castplus. Free yourself from paper, spreadsheets, and disconnected systems. Elevate your projects with a suite of integrated cost management tools that ensure precision and efficiency from planning to execution. Maximize project profitability – contact us today to learn more.
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