NexProcure Enterprise delivers an intuitive system which mirrors the base “Workflow” of your manual procurement process, and allows process configuration down to departmental level. This helps reduce training costs and improve the management of change by giving Buyers complete control over their procurement process. Perfect for large buying organisations and those with intricate organisational structures, NexProcure Enterprise helps you to make your eTendering process to work for you.
NexProcure Enterprise has surpassed simple document exchange to deliver tamper-evident procurement, accountability and efficiencies that document based solutions cannot. Our modules support all standard procurement processes and can be simply configured to accommodate more complex requirements.
Once bidders have prepared their bid they need to submit their bid fingerprint (technically known as the 'hash' of the bid data) to the system before a specified cut-off date and time. This is done by the automated application of a standard hashing algorithm to the bid data.
Once the bid fingerprint is submitted and after the bidders have received the fingerprint of all the fingerprints (technically known as the superhash) from the tendering authority, the bidders decrypt their bid data stored on the server using their private key.
The tender authority ran now open the bids. As each bid is decrypted and opened using the tender authority's private key, its bid fingerprint, called the "comparative hash", is generated again.
Please get in touch and help us to better understand your requirements and let us show you how NexTenders can help you, with a live system demo of any of our products.
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" The NexTenders eTendering is well developed and resourced and meets all essential ADB requirements for eprocurement including transparency of the process, non-discrimination of bidders, equality of access, open competition, accountability and security of process. The system has well developed security, process management, communication, record keeping and audit capability. "