What is eTender?

Electronic tender, or eTender, is the process of sending and receiving bid tenders using online procurement platforms. eTendering makes a huge difference to the procurement process as it offers improved visibility, compliance and decision-making across source-to-pay (S2P) operations.

Using eTendering is a key step to achieving procurement transformation. Cloud-based eProcurement software platforms such as GEP SMART™ can seamlessly integrate with an enterprise’s existing enterprise resource planning (ERP). An effective and economical solution, eTender produces rapid, tangible results.

Related Terms

What is E-Procurement?What is Enterprise Resource Planning (ERP)?What is Enterprise Resource Planning (ERP) System?What is Ethical Procurement?What is eSourcing?