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Are you struggling to keep track of your vendors and their performance? Our e-vendor software can help!

Our software makes it easy to manage all aspects of your vendor relationships. With our user-friendly platform, you can easily track vendor information, communicate with vendors, and monitor their performance. Plus, you'll have access to real-time data and analytics, allowing you to make data-driven decisions and improve your vendor management process.

But that's not all. Our software also automates many time-consuming tasks, such as vendor onboarding and compliance monitoring, freeing up your time and resources to focus on more strategic initiatives. And with our advanced security features, you can rest assured that your vendor information is secure and protected.

So why wait? Upgrade to our e-vendor software today and take your vendor management process to the next level! With our software, you'll be able to improve vendor performance, reduce risk, and ultimately drive greater value for your business.

Modern Architecture

PRE-Qualify your Vendor for Job Scope

Having a good prequalification system can shorten the procurement process and reduces the cost of tendering for both the client and the supplier. It also helps minimise the risk of contract failure as substandard or non-compliant vendors would already have been barred from entry

Access to such critical supplier data 

Risk assessment is an essential element of new and existing supplier relationships

Help you optimise and relevant data

Enhances Quality of your supplier database

Vendor check and update their company details

Approval vendor Registration, qualify for business partnering

Pre and Post Performance Evaluation 

Cross checking and provide summary info

Digital process approval 

Able to identified multi services category on each vendor

When should we use Foster prequalification solutions? 

Prequalification is mainly used when procuring a particular type of good/service on a regular basis and the work tends to be large/complex/high-risk, e.g. construction projects, maintenance services, industrial plant works or information technology systems. 

Other instances where the use of prequalification is appropriate include: 

  • The costs of preparing/evaluating bids are high  

  • A large pool of competing suppliers exists  

Benefits of Foster Prequalification Solutions

 

Prequalification provides several benefits for prospective suppliers and buyers: 

  • Vendors avoid the expense of tendering if not sufficiently qualified 

  • Organisations save time by not having to evaluate tender submissions from unqualified bidders 

  • Raise the awareness of minimum requirements, potentially helping raise the overall quality of suppliers in the market 

  • Organizations can alter the sourcing strategy in response to the level of interest from qualified vendors 

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