Tender processes, bid management and contract processing
MasterEmployee is a powerful tool to process tender documentation and enhance tender related processes. Very often, the tender documentation consists of endless documents with requirements and specifications, and as a result, the sales organization or the other people who process these documents struggle to find the key information that is relevant. As a result, sales organizations spend too much time processing documents while they should actually focus on creating the best possible tender.
MasterEmployee can streamline these work processes, saving both time and cost. The solution can easily extract and evaluate key elements in tender requests or in contract proposals, identify key topics, evaluate risk elements, assess tender attractiveness, and assist in finalizing the tender to match the requirements. The solution can also evaluate tenders or contract proposals against governing documents such as standard terms&conditions, risk evaluation matrices or decision gate documents. For international tender processes, the solution is also useful to translate text or explain complex technical or contractual terms.
By using MasterEmployee, the tender work and contract related processes in an organization can become more streamlined, removing time-consuming tasks, and enhancing the quality of the tenders delivered.
Some of the key benefits are:
Rapid tender evaluation: Extract key tender elements to rapidly assess tender opportunities and generate documentation for decision gates or “bid/no bid” discussions
Risk identification: Identify risk elements and generate risk evaluation matrices
Legal document assessment: Perform a legal assessment of tender responses or contract proposal, identify legal risk elements or re-formulate contract terms to reduce legal exposure.
Rapid tender response: Generate tailored text to answer the tender requests or adjust contract proposals.
T&C Comparison: Evaluate and compare against governing documents such as your standard Terms&Conditions
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