The conduct of the complete tendering exercise from the advertising of the requirement through to the placing of the contract, including the exchange of all relevant documentation all by electronic communication is e-tendering.
e-tendering provides a simple, secure and efficient system to manage tendering activities. It helps to reduce the time, effort and cost involved in the procurement cycle for both suppliers and the contractor. E-tendering helps to
Reduce the paper trail on tendering exercises, reducing costs.
Improved opportunity for like comparisons of qualitative and quantitative information resulting in a faster more accurate evaluation of tenders.
Efficient and effective electronic interfaces between contractor and the suppliers leading to reduced costs and timesaving on both sides.
E-Lock Digital Signature products and solutions can be integrated with the e-tendering solution to make the process and communication secure. The documents signed using the E-lock products makes sure that the information provided by the signer is authentic and ensures that the sender cannot easily repudiate original signed document later. The sent data can be verified and authenticated for the further processing.
E-Lock FormSeal an online form signing solution can be easily integrated into the present workflow. The solution supports the signing of HTML, XML and Oracle forms. The solutions can be customized according to the needs of the clients enabling them to reap maximum output out of the implemented solution.
Presently Robins Air Force uses the E-Lock ProSigner in its e-tendering process to digitally sign the forms, verify and authenticate the received information from the suppliers and provide them the approval for the tenders.