Tender Central

An End-to-End Tender Management Software that helps you transform tendering into a strategic, plannable, and globally coordinated business
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An Advanced
AI-based Tender Management Software

Leverage smart tender discovery from online tender sources using Natural Language Processing, market and competitive intelligence, and pricing guidance based on machine learning to get a 360° view of tenders planning & evaluation.

An advanced AI-based tender management software that helps Life Sciences enterprises to efficiently manage all stages of the tendering process including tender discovery & qualification, response preparation & evaluation, approvals & submission, and tender intelligence. Used by market access, tender office, sales, pricing, commercial excellence, or other relevant functions.

Benefits

Discover & prioritize New tender opportunities

Automatically identify relevant tenders from online sources based on molecules, therapeutic areas, disease, indications, product category, or other relevant keywords.

Plan ahead

Plan ahead for new tenders based on award duration & expiration.

Win more tenders

Improve your success rates by testing alternative sales scenarios, leveraging machine-learning pricing guidance, and competitive intelligence.

Higher Profitability

Optimize pricing per tender, focus your sales effort on the most attractive tenders and maximize profitability.

Data-Driven decision making

Advanced Market & Competitive Intelligence and tracking of tenders’ outcome and sales performance to aid decision making based on hard data.

Reduce response time & effort fot tender proposals

Efficiently manage everyday tender proposals with team collaboration and integrated approval workflows.

Key Features

DISCOVERY
QUALIFICATION
PREPARATION
EVALUATION
APPROVALS
SUBMISSION
GOVERNAGE
1/3
online sources for tenders
Connect to local and international online sources including tender opportunities and intelligence.
2/3
smart search using nlp
Search for tenders using NLP based on molecules, therapeutic areas, disease, indications, product category, or other relevant keywords, using similar terms in multiple languages.
3/3
anticipated tenders
Tenders that could be published in the future based on past award notices and contract expiration dates.
1/5
QUALIFICATION INDEX
Automatic scoring of relevant tenders using NLP based on various weighted criteria.
2/5
KEYWORDS
Focus on tenders with more relevant and/or important keywords identified
3/5
BUDGET
Focus on tenders with higherbudget value
4/5
SUCCESS RATES
Focus on tenders with high probability of winning
5/5
PROFITABILITY
Focus on the most profitable tenders.
1/2
TENDER PROPOSALS
Solution configuration including product selection,units, and pricing.
2/2
AUTOMATED SUGGESTIONS
Automatically suggest customer and products based on identified keywords.
1/4
SCORECARDS
Automated scorecards with pricing, qualitative, and total scores for the company and the competition.
2/4
SCENARIOS
Create alternative sales scenarios for pricing, products and the competition.
3/4
FORECASTS
Estimate probability to win, scores, and revenues for the company and the competition leveraging proprietary machine-learning models.
4/4
PRICING GUIDANCE
Get optimum price suggestions leveraging proprietary machine-learning models.
1/4
APPROVAL ROLES
Multiple approval roles including members of the tender office, market access, sales representatives, area managers, sales directors, sales VPs, country managers, pricing experts, pricing directors, and any function or hierarchical level.
2/4
CUSTOM RULES
Custom rules based on price approval levels and other criteria.
3/4
MULTIPLE ACTIONS
Approve, reject, rework, review, pass actions. Automatic or manual escalation and alternative approval routes.
4/4
APPROVAL TYPES
Sequential or parallel approvals.
1/2
TASKS
Integrated tasks with status, deadlines, and assignments.
2/2
DOCUMENT MANAGEMENT
Document attachments and management for tenders and tender lots.

 

Tender check tool

Ever wonder if there are any tenders out there for your molecule/product, but don’t have time to sift through mountains of data?

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Related Resources

Tender Central | Cube RM - Tender Management

VIDEOS

TENDER MANAGEMENT

End-to-end Tender Management using AI Technology
READ MORE 18/07/2023
Improving tender processes in the pharma industry | Cube RM Tender Management

CASE STUDIES

TENDER MARKET INTELLIGENCE

Improving Tender Processes and Capabilities Worldwide
READ MORE 23/05/2023
Elevate Your Tendering Process | Cube RM - Tender Management

ARTICLES

TENDER MARKET INTELLIGENCE

TENDER MANAGEMENT

Elevate Your Tendering Process with High-Quality Data: The Importance of Data Quality and Assurance in Winning more Tenders.
READ MORE 19/05/2023

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Empower your bid teams | Cube RM Tender Management