By Scott Forbes
When it comes to procuring telecom or other technology services and assets, it’s no easy feat. Every enterprise wants to get the right product or service at the best price within the least amount of time. However, the traditional method of handling Requests for Quotes (RFQ) is complex, time-consuming, and prone to errors.
Valuable time can be lost sifting through countless emails, attachments, voicemails or incomplete responses. You have to stay on top of expired dates, upfront costs vs. recurring, delivery timeframes, and more. How do you know if your procurement process is effective, or that you’ve performed due diligence on all costs, all while your team is in need of new services or products?
Enterprises face a myriad of challenges when it comes to procurement processes, but there are four major problems that form a roadblock to RFQs and beyond:
However, for enterprises that require frequent requests for quotes for new or existing services, there is no need to waste time, money, and headaches on these challenges.
The solution to these problems and more can be found by choosing the right centralized vendor quote management solution. Such a solution can ensure the best rates are being received while internal obligations are met.
A quote management solution creates more transparency by helping to streamline processes, communication, and information. This allows enterprises to save time and costs by improved visibility and processes. The benefits of a good vendor quote management solution include:
There is no need to find a third-party solution. Calero users can receive all of the benefits above all from directly within the application. Calero’s quote management tool helps organizations better manage vendor quotes for telecom services by enabling a streamlined bid approach, better communication with vendors, more visibility and faster activation of services.
Users can open a ticket to start the bid process, select appropriate criteria and vendors to include for the quote, and manage all responses and activity within a centralized repository. Once the winning bid is selected, it is moved to a pending order and inventory is automatically updated.
Stop the waste and streamline your procurement processes today. Get the best terms and pricing, all delivered via Calero’s quote management tool — making it easy to select the winning bid, move it into orders, and streamline everything in between.
To learn more, download this brochure.