iBusiness Suite ERP

iBusiness Suite ERP is an enterprise resource planning (ERP) software solution designed to assist companies in effectively managing their business processes and operations. According to the vendor, it offers a comprehensive suite of modules that encompass various aspects of business management, including finance, human resources, supply chain, manufacturing, and customer relationship management. iBusiness Suite ERP is suitable for businesses of all sizes across a wide range of industries, such as manufacturing, retail, distribution, construction, and professional services.

Key Features

E-Procurement: iBusiness Suite ERP provides an e-tender and procurement management tool known as E-Procurement. It facilitates the complete lifecycle management of tenders, starting from purchase indent to purchase order.

Vendor Registration Process: Vendors can register through web access and submit required documents online. The authorized user can approve vendor registrations, granting privileged access to approved vendors.

Item - Vendor Mapping: The system allows vendors to be associated with multiple items they supply, enabling efficient procurement management.

Vendor Ranking: iBusiness Suite ERP incorporates an auto-ranking feature that evaluates vendors based on eligibility criteria, facilitating vendor evaluation and selection.

RFP Creation: Each department can create purchase indents, which can undergo a verification and approval process. Based on the indents, the system enables the creation of Request for Proposal (RFP) documents, which can be moved through an approval process as needed.

RFP Publishing: RFPs can be published in various modes, including global, public, or limited. The system automatically makes the RFPs live on the publishing date and sends email/SMS alerts to vendors.

Bid Submission: Vendors can conveniently submit their bids online within the specified deadline. Once the due date has passed, the system automatically removes the tender from the list of active tenders. The rates quoted by vendors are securely stored in encrypted format.

Bid Opening: The system ensures the confidentiality of submitted bids by keeping them encrypted and inaccessible to officials until the tender opening date. Authorized users can then open the bids using concurrent keys.

Bid Comparison: iBusiness Suite ERP offers a bid comparison feature that generates a comparison statement based on qualification criteria and quoted rates, facilitating effective evaluation of bids.

Negotiation: If required, the system provides a facility for negotiation. The final agreed figures can be mutually decided upon, and the purchase order can be generated from the system.