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iTender Development

Product
The name of the base system (platform): ITender
Developers: FogSoft (Fogsoft)
Date of the premiere of the system: 2017/10/02
Technology: SRM - Vendor relationship management,  trade Automation systems

"iTender Development" — the professional electronic trading system (electronic marketplace, ETP) based on the iTender platform designed to provide tendering process and procurement procedures of the construction organizations, developers, management companies and their branches.

Features

On "iTender Development" systems electronic marketplace carrying out any types of procurement procedures — simple and multi-stage is available. Accreditation of suppliers on a commodity group and prequalification on the tender is possible. The users registered in a system can subscribe to newsletter of notifications according to future tenders, having selected the work categories interesting them.

Effect of implementation

Having implemented electronic platform "iTender Development", the companies will provide transparency of the procurement procedures and will be able easily to control purchase costs. At the same time information openness of builders will increase loyalty of their potential clients.

The companies will also expand geography of the suppliers and contractors, having given them an opportunity to participate in tenders and procurement procedures on equal terms and with the minimum labor costs.

Integration

Embedding of the solution "iTender Development" in a corporate system of purchase management, connection of additional options (planning, control of performance of agreements, etc.), integration of a system with external services is also possible.

2017: Release

On October 2, 2017 the Fogsoft company announced release of the ready-made solution for tendering process and procurement procedures of the construction organizations, developers, management companies and their branches — the "iTender Development" electronic trading platform.

The boxed solution is created based on experiment of Fogsoft on implementation of ETP and management systems for purchases for corporate customers and operators of ETP. The specialized system "iTender Development" offers the companies of the construction industry tools for optimization of work of both procurement authorities, and their contractors and suppliers of goods, works, services.

Using electronic marketplace "Development" customers will be able to transfer to iTender process of purchases and the history of interaction with their partners to the single electronic system working according to the adopted their corporate regulations of purchasing activity noted in Fogsoft.

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In the construction industry carrying out "paper" tenders on in a row, subcontracting, purchase of goods, works, services gradually consigns to the past — the director of the department of work with key clients of Fogsoft company Andrey Gogin noted. — The translation of tenders and procurement procedures on own ETP will reduce costs of the companies which employees are forced to process monthly tens of volumes of paper documentation, not to mention difficulties of the organization and carrying out tenders, procedures of prequalification, collecting, the analysis and comparison of estimates of suppliers, mailings of notifications manually or notifications of suppliers before start of the next bidding.
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