Bidtoaster Digital Procurement Platform Coordinates procurement activities between buyer and supplier

organizations, driving consistency and quality. The platform leverages best of breed technologies to enable

Centralized Procurement Organization. The platform delivers insights on complex manual sourcing processes, like

managing and tracking the open and closed RFPs, addressing supply chain quality and resilience, and determining

supplier’s performance score card. The intensive nature of analyzing supplier’s bids and

proposals is inevitable due to healthy competition among suppliers and sheer volume of information to digest per

bid. Firms might lose as much as 60% of valuable time of procurement professionals due to cumbersome manual

process. The disparate, unstructured data of various proposals submitted by suppliers can be brought together and

processed so the procurement organization can understand what it all means. This is far too much data for a

procurement professional to read, process and synthesize the most relevant information on the bids

It employs adaptive and machine learning technologies that turns unstructured documents like bids, proposals,

quotations and specifications into structured data and provide an intelligent comparison statement. By

automatically processing thousands of suppliers documents brings in quick TAT and help reduce the sourcing

cycle time. RFP Automation helps decrease processing time, costs, and errors, providing excess time for strategic

sourcing activity.

BIDTOASTER

by TECKOST IT SERVICES PRIVATE LIMITED