Advanced Evaluations is a highly flexible tool used to conduct Multi-Party Evaluations.
Key features:
- Comprehensive and flexible definitions for evaluation criteria and mandatory requirements.
- A central library for managing evaluation criteria and mandatory requirements.
- A digital system for capturing centralising and managing scoring and conflicts of interest.
- Integrates with Procurement Planning, wherein an approach to market can be planned out and approved in advance.
- Integrates with Go to Market, where procurement responses are initially logged. Those responses are then pulled into evaluations for scoring, and then the results of the evaluation are posted back to the Go to Market solution for finalisation and award.
- A simple and versatile evaluation process is applicable to small and large evaluations.
Benefits of using Advanced Evaluations:
-
Transparency of process - easy to view and understand what has happened in an evaluation process, and look up any evaluation process easily.
-
Full auditing - all details are captured in an extensive log making it possible to trace any changes throughout the process.
-
Clear and understandable process - the tool is staged out in a wizard-type interface making the path through evaluations straightforward.
-
Reduces paper and in-person processes - digitising the evaluation process ensures that information is kept in one place and with remote working, a strong solution for managing evaluations online is more needed than ever.
-
Integrations with existing products - details are loaded indirectly from VendorPanel Go-To-Market and Procurement Planning, which enables a full end-to-end procurement process to be digitised.
Evaluation Flow
This summarises the flow for managing evaluations in the tool.
End-to-End Integrated Procurement Flow
This shows how each product connects to create an end-to-end process for managing a full procurement process from inception to then managing the award output.
