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Win tenders faster?

Insight
October 18 2019

How do you quickly create a winning tender bid when 2,000 products are requested? How do you prevent mismatches and be confident that the products and alternatives you’re proposing are the right ones? Smart technology for data matching can help put your mind at ease.

When you make a tender bid, it is important that you:

  1. Offer products that meet the required quality and safety standards
  2. Be faster than your competitors
  3. Offer optimal prices that also ensure optimal margins
  4. Propose suitable alternatives in addition to the original product offerings

It takes time to manually search an ERP or PIM system to match products on a tender. There are a number of other people involved, so competition can be fierce. Sometimes, different requests come in at the same time and it’s not always possible to respond to them all. Perhaps a deadline passes while you’re still collecting information, so you lose out on a tender. So what improvements can you make to help prevent these unfortunate incidents from happening?

Automate the matching process

By automating the matching process, you save time, manpower, and money. Smart technology for data matching can help you:

  • Get your data in order
  • Respond faster to tenders
  • Ensure your offer is complete and error-free
  • Show you suitable product alternatives that provide better margins

Smart technology for data matching

Mydatamatcher helps improve this overall process. Mydatamatcher is automation software that uses machine learning to match tenders. The software combines data from multiple sources, both online and offline, at lightning speed. Simply load your client’s request and the software then matches products from your catalogs and product data from your PIM or ERP. Mydatamatcher is able to independently propose alternatives.

Respond to tenders at least 3 times faster

Manually collecting all the necessary product data for a tender bid can take weeks of work. With Mydatamatcher, that work can be minimized to a span of just a few hours. The system makes product matches based on text and supports your workflow in the tender matching process. Tenders requesting 2,000 products are no longer so overwhelming. Using Mydatamatcher allows you to match data quickly, prevent mistakes and mismatches, and win tenders faster.

Transform your data

Contact us today and we’ll show you how Mydatamatcher can make a difference to your company.

 

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