B2B Tender Module developed on Microsoft Dynamics NAV is a value addition to organisations which float or participate in tenders.
Tenders involve documentation covering all the aspects related to final requirement,notice,deadline for submission of bids,bid opening dates,advertising,receiving bids,maintaining records of bidders and the commercial and technical details of the bids,finance and accounts aspects such as Earnest Money Deposit, Security Deposit,bank Guarantees etc.
B2B Tender Module helps organisations maintain all the above transactions.
B2B Tendering Module also enables organisations to capture the details about new tenders,check list,and view past tenders history and relevant documentation for the same.
Salient features of Tender Module:
- Creation Of Tender Document
- Tracking of tender application amount
- Tracking of competitor details
- Check list for submission of tender documents
- Conversion of tenders to sales orders
- Tender scheduling
- Updating of tender bid details
- Integration of tender document with the related expenses documents on tendering
- Tracking of EMD, Security deposit & letter of credit / Bank Guarantee
- EMD recovery accounting and management
- Security deposit accounting and management