The enhanced solution offers bidding capabilities for the professional purchaser, who can now initiate and participate in public and nonpublic bidding for production and nonproduction goods and services. This enables the professional purchaser to utilize the Web to communicate with targeted suppliers or potentially with the entire Internet community. Bidding benefits buyers because it ensures fair and competitive prices. This empowers users to make informed strategic buying decisions by allowing them to analyze vital information such as the performance of materials and vendors. Analysis promotes cost savings by identifying the highest-performing vendors and materials.
Businesses have the option of deploying the solution independent of a back end.
This provides one-step business that enables multiparty transactions to be completed with a single click. Users gain fast, easy and convenient access, direct or over the Web, to all the internal and external applications, business content and services required for their jobs. The role-based solutions are delivered through these portals, providing users with functionality relevant to their specific jobs.