Benefits of Indent Management System

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Indent Management System (IMS) is a complete arrangement in e-procurement process. It takes into account totally following and administration of goods, administrations, resources ordered, acquired, in stock and out of stock things.

The e-procurement value chain comprises of Indent Management System, e-Informing, e-Tendering, e-Auctioning, seller administration, index administration, Purchase Order Integration, Order Status, Ship Notice, e-invoicing, e-installment, and contract administration. Indent administration is the work process required in the arrangement of tenders.

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Benefits provided by the System

  • Improved proficiency through decreased process duration for preparing tenders
  • Saving in expenses and time, as there is no compelling reason to distribute delicate notification in daily papers.
  • Since bidders take part with namelessness, there is no degree for cartel development.
  • Those who need to delicate can take part openly and valiantly in a reasonable situation.
  • Transparency during the time spent offering.
  • Improvement in work society in all the taking an interest divisions.
  • Build-up of important database on products, administrations, works and temporary workers.
  • Economies of scale because of conglomeration of necessities.
  • Improved access to acquirement data and diagnostic reports

The e-procurement model goes beyond the existing e-tendering process. It includes:

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