e-procurement tool

An e-procurement tool (known as KGV in Norway) is a digital tool used to conduct tender procedures in a structured and efficient manner. This tool is particularly important for contracting authorities that regularly carry out public tenders, as it helps them manage the entire process from start to finish.

How does an e-procurement tool work?

An e-procurement tool supports the entire tendering process digitally. Here are the main functions:

• Creating tender documentation with all necessary information
• Publishing notices on relevant portals such as Doffin
• Receiving and handling questions from interested suppliers
• Secure submission of tenders from suppliers
• Evaluating tenders based on award criteria
• Documenting the entire process through to contract conclusion

Benefits of an e-procurement tool

For contracting authorities, an e-procurement tool offers several important advantages:

• All documents are collected in one place
• Easier to comply with legal requirements and regulations
• Reduces the risk of errors in the tendering process
• Saves time on administration
• Provides a better overview of active competitions

For suppliers who use the AI-powered tendering tool Cobrief, it becomes easier to find and participate in relevant tenders. The system focuses on the company submitting the tender, unlike e-procurement tools which focus on the contracting authority.

In today's digital world, the e-procurement tool has become an indispensable part for professional tender management. It ensures efficient handling of the entire process, from publication to award, while meeting the requirements for documentation and equal treatment that are so important in public procurement.

PS: Are you a public procurement officer looking for more and better tenders on your notices? Here are three simple tips to achieve just that!