Auto Creation
With MonstarBill dynamic capabilities, users can easily create RFQs from the existing list of approved PRs. It's just as easy as clicking a couple of buttons. MonstarBill then sends all the necessary information to all the suppliers so they can submit their bid. This helps the user to save time when dealing with a large number of transactions and be more accurate in communicating with the suppliers.
Manual Creation
When the purchasing is unique in nature, MonstarBill also allows the user to create RFQs from the approved PR list; giving more control and flexibility.
Bidding Type
MonstarBill allows you rigorous control during RFQ by letting you choose your preferred Bidding systems. This allows you to choose the open bidding system when you want to invite bids from a broad range of suppliers or choose the closed bidding system when the matter is sensitive in nature and you want to maintain confidentiality, inviting bids from suppliers you want.
Quotation Analysis
Within MonstarBill you can easily compare bids sent by your suppliers, making comparisons easier and allowing you to choose the best supplier for your needs. Users can also award the bid to their selected supplier and also issue the corresponding PO from here as well. This makes the ordering process seamless by integrating the bidding, comparison and issuing of PO in one single page.
