Finding the right tools for tender monitoring can be challenging. Every business has different needs when it comes to procurement (whether private or public procurement), and to win higher value contracts, it is important that your business is covering all the bases.
So how can business intelligence support tender monitoring and help you find and win valuable tenders?
1. Tender Alerts
The most obvious method of tender monitoring is Tender Alerts. This type of service alerts you to any upcoming or published tenders that match the specific keywords your business uses to segment relevant contract opportunities.
Many businesses find a service like this valuable as it eliminates the need to manually search through various tender portals and can make their procurement strategy more efficient.
Get notified about new business opportunities as they are published with Tracker.
2. Market Intelligence
What if your business could identify new tender opportunities early?
Tracker’s Market Intelligence tool is a news feed that provides users with content from a range of public procurement sources.
This crucial market information can be used strategically to help you stay one step ahead of your competitors and can also drive your business to be more proactive when tendering for public and private sector tenders in the UK and beyond.
3. Archive Data
Historical data can help you prepare for the future when it comes to public procurement. Tracker’s Archive Data tender intelligence tool was created for this.
Using this type of solution will allow your business to identify buyers who have previously purchased the goods or services your business supplies — if they have purchased before, it is likely that they will purchase again.
This puts your business in a good place, as you will know what connections to make and what types of businesses you should reach out to.
4. Spend Analysis
Think outside the box and start using Tracker’s Spend Analysis tool to monitor tenders and identify buyer spend patterns.
This type of tendering intelligence tool will allow your business to stay informed about the buying organisations your business wants to work with, such as where they spend, with whom, on what, and in which sectors.
Sign up to Tracker to find, bid for, and win relevant tenders with one of the world’s market leading procurement portals & tender monitoring solutions
Tracker is a Complete Tender Monitoring Solution
Tracker offers access to all the latest tendering intelligence and tools you need to gain valuable insight into your industry and competitors.
Our procurement solutions enable you to search for and track tenders in the public sector industry sector of your choice through our website. Using Tracker’s industry leading procurement tools and services, you get access to our comprehensive database of tender notices, daily email alerts for the latest contracts as they are published, and a full suite of tender monitoring tools.
With Tracker, you can easily discover and monitor relevant public tenders in the UK and beyond at the click of a button from a single site.
Get More out of Your Tender Monitoring with Tracker
However your business monitors tenders, Tracker can provide new innovative ways to enhance your procurement processes.
See how the tendering intelligence tools mentioned above can be used to support your business in finding new business opportunities in the public sector.
Request a FREE personalised demo of Tracker to see for yourself how using our tender monitoring & business intelligence tools can keep your business one step ahead of the competition.