Issue link: https://resources.tangoanalytics.com/i/1529534
©2024 Tango CONFIDENTIAL - Not for publication or distribution KEY ADVANTAGES 7 Convenience and Accessibility: Users can place bids from anywhere, at any time, using a smartphone or computer, which makes the process faster and more accessible. Real-time Updates: Applications can provide instant notifications on bidding status, Vendor Acceptance and RFI's, allowing users to stay informed in real-time. Ability to send bid updates and changes via application to all vendors Increased Transparency: Bidding system can offer clear information on bid amounts and item details, helping users make better-informed decisions. Reduced Human Error: Automated system can help minimize manual errors, ensuring bids are recorded accurately and reducing the chance of oversight and Po's are created in the project with no manual creation. Data Analysis and Insights: Bidding application can provide insights on bidding trends, popular items, and historical bid data, allowing users to strategize more effectively. Easier Record Keeping: Application can maintain a digital history of bids, providing easy access to records for future reference, financial tracking, or auditing purposes. User Engagement and Customization: Application can offer personalized experiences, such as reminders for preferred language or custom notifications. Eco-friendly: By reducing the need for printed materials, physical travel, and other resources, digital bidding through applications is generally more environmentally friendly.