Source-to-Contract
Source-to-Contract (S2C) is the process that covers all stages from identifying procurement needs to signing contracts with suppliers. It includes creating sourcing requests, selecting suppliers, managing supplier relationships, and finalizing contracts—ensuring a smooth transition from start to finish.
Requisition Management
What it is: The starting point of procurement, where needs are formalized into structured purchase requests.
How eTender helps: Automates requisition creation, consolidates requests, and manages approval workflows to ensure a clear and efficient process.
Supplier Management
What it is: Building and maintaining reliable supplier relationships.
How eTender helps: Tracks supplier performance, tracks and highlights risks, simplifies onboarding to create a strong, trusted network of partners.
Sourcing
What it is: The process of finding and selecting suppliers through tenders and auctions.
How eTender helps: Publishes tenders, conducts competitive eAuctions, and ensures transparency while securing the best value.
eAuctions
What it is: A digital negotiation process where suppliers compete in real time to offer the best prices and terms
How eTender helps: Enables dynamic bidding, real-time visibility, and configurable auction formats (reverse, forward, itemized etc.) – helping buyers drive savings, increase competition, and ensure fair, transparent outcomes.
Contracting
What it is: The final step where agreements with suppliers are formalized and signed.
How eTender helps: Facilitates contract creation, approvals, and signing in one centralized platform, reducing delays and ensuring compliance.
Streamlined Processes
Automate and connect each stage of procurement.
Data-Driven Decisions
Gain insights into suppliers and sourcing outcomes.
Cost Savings
Reduce inefficiencies and secure better deals through eAuctions.
Compliance and Transparency
Ensure every step adheres to regulations and is fully auditable.
