Inviting suppliers to bid on your RFQs has never been easier! Instantly publish RFQs.
Strategic sourcing and Procurement Buyers can quickly publish RFQs and solicit quotations to evaluate various sources of supply for purchases. Suppliers can collaborate and submit their bids electronically, cutting down all inefficiencies.
Overview
Instantly reach thousands of Suppliers
By publishing your RFQs on your own bidding portal, you can instantly reach thousands of suppliers. Suppliers can sign up for updates to get notifications.
Get more bid responses
By making your RFQs and RFIs available to discovery by your suppliers, you can expect a lot more bid responses thus giving you more choices and quality quotes.
Pre-built integration with SAP ERP and SAP S/4HANA
With pre-built integration with SAP ERP, there is no need to manually publish RFQs and key in bid responses into your SAP systems. All the data synchronizes automatically.
SaaS offering with quick implementation
Bidding Portal is a SaaS offering requiring no servers. The implementation is quick and does not require any modifications to your SAP systems. Your existing SAP team can administer without any overhead.
Details
Solution type
APIs and Technical Components
Industry
Cross-Industry, Consumer Products, Chemicals, Public Sector, Life Sciences
Compatibility
Works with
Features
Publish RFQs and RFIs
Quickly publish your RFQs and RFIs including all the supporting documents and information that your potential bidders need so that you can get quality responses. You can set the deadlines as well as timelines for answering questions and queries about the RFQ.
Run Strategic Sourcing Events
Suppliers can effortlessly submit their offers. This intuitive process ensures that bids are accurately recorded, minimizing the chance of errors. With the integration of SAP ERP and SAP S/4HANA, bid placement becomes a hassle-free experience, enabling participants to focus on presenting their best offers.
Evaluate Supplier Bids
Easily and efficiently review and evaluate all the bid responses you receive. You can review the responses against various criteria. Easy access to all the relevant information and documents submitted by the bidders make it super efficient to assess the merits of the different bids.
Automatic synchronization with SAP ERP and SAP S/4HANA
Bid responses are synchronized automatically to SAP ERP and SAP S/4HANA so that you can follow the subsequent procurement steps in SAP ERP and SAP S/4HANA. No need to key in the bid data manually. The bidding suppliers are notified automatically ensuring timely delivery of goods or services.
Run reverse auctions for your RFQs
Design, publish and run sourcing reverse auction events to get better deals. Seamlessly run reverse auctions after qualified bids are evaluated and award to the right supplier.
Plans and pricing
All plans include:
- 3 system landscape to SAP Dev, QA and Prod
- Pre-built integration to SAP ERP and SAP S/4HANA
- Microsoft Azure Active Directory SSO
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Technical Information
Technical details
| Solution type | APIs and Technical Components |
| Category | Enterprise Resource Planning |
| Industry | Cross-Industry, Consumer Products, Chemicals, Public Sector, Life Sciences |
| Works with |
|
Deployment and operations
The following information is provided by the publisher and applies to the latest app version available on the SAP Store. SAP does not control these policies and procedures; the publisher is solely responsible for the accuracy of the provided information.
| Deployment |
|
| Operations |
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Security and compliance
The following information is provided by the publisher and applies to the latest app version available on the SAP Store. SAP does not control these policies and procedures; the publisher is solely responsible for the accuracy of the provided information.
| Security |
|
| Compliance |
|
| Privacy policy |
SAP's privacy policy is not applicable to the use of this app. Please refer to the privacy policy provided by this app's partner. |
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Resources
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Publisher
SmartDocs Inc
SmartDocs is a comprehensive Enterprise Source to Pay tech platform enabling organizations to quickly and continuously realize Source to Pay innovations. Our focus is to work with companies to discover the optimal path for all internal and external stakeholders to accomplish their Source to Pay jobs. Our approach is to ensure each P2P task is synchronized with the strategic P2P corporate strategy. The platform is powered by our AI based infrastructure to deliver stable end-to-end process optimizations to achieve minimum footprint and maximum digitization through integrated seamless solutions to achieve your goals. The suite of SmartDocs S2P solutions is fully integrated with SAP and Microsoft Teams. SmartDocs is a partner of both SAP and Microsoft. SmartDocs software is available both as cloud-based and on-premises deployment models.
More solutions provided by {{publisher}} SmartDocs Inc
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