Overview of Requests & Tenders

  • Updated

This article explains the different stages of the procurement process and directs you to specific tasks.

Creation

The initial setup phase where the buyer defines the scope and type of the procurement event (Request or Tender). This includes options for practice runs or using templates.

Approval

If your enterprise has this feature enabled, the Request may need to be formally approved before it can be released to suppliers.

Management (Open)

The phase after the Request is posted but before it closes. Buyers can communicate with suppliers, invite new suppliers, or modify key dates/details.

Supplier Interaction

Covers how suppliers access, view, and interact with the posted Request or Tender on their platform.

Supplier Response

Details the methods and actions available to suppliers when submitting, editing, or declining their formal response to the Request or Tender.

Viewing Responses

Once the Request closes, the buyer can access and communicate regarding the submitted responses.

Evaluation & Finalisation

The final stage where responses are formally assessed using various methods, a selection is made, and the Request is closed out.