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Assess supplier financial viability before you award your next tender
Assessing supplier financial viability can provide valuable evidence before contract award. A Financial Viability Assessment can help procurement teams understand a preferred supplier’s reported financial position and decide whether further checks or controls are needed. Awarding a contract is a significant decision. By the time you select a preferred supplier, your team has usually reviewed […]
What is the tender process? An 8-step guide for suppliers
Learn about the various stages in the lifecycle of a request for tender (RFT) and how each stage fits within the illion TenderLink ecosystem.
What is Tendering? Understanding the tender process
Learn what tendering is, how the tender process works, and the difference between RFTs and tenders. A beginner-friendly guide for suppliers and buyers with FAQs
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