End-to-end bid management platform for companies that tender to win work
The need to win work through formal bidding and tendering has become essential to corporate survival. It?s now the most preferred method to procure public goods and services globally, making up 12 per cent of GDP (USD 9.5 trillion). The private sector is now adopting the practice at a surprising pace, with 46% of large private-sector companies and 36% of small and medium-sized companies now regularly using competitive bidding and tenders in their buying processes. To keep up, companies are now looking for automation solutions to help them manage compliance and the many moving parts of the bidding process. Bidhive is the first collaborative platform to provide bidding teams with tools that unify the process all in one place. Bidhive combines process automation with best practice end-to-end bid management approaches to help companies improve their operational efficiencies and win rate through better pre-qualification of opportunities, improved compliance and understanding of metrics.