GovSpend Features
What are the features of GovSpend?
Solicitation Management
- RFP & Bid Notice Creation
- Document Management
- Bid Library
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Solicitation Management
RFP & Bid Notice Creation | As reported in 11 GovSpend reviews. Creates and publishes bid opportunities. Notifies eligible suppliers by qualification, location, standard classification codes, or on a per-item basis. | 88% (Based on 11 reviews) | |
Document Management | Digitizes and stores all documents, addenda, and award information for easy viewing and downloading. This feature was mentioned in 11 GovSpend reviews. | 86% (Based on 11 reviews) | |
Bid Library | Based on 10 GovSpend reviews. Visualizes complete history of all previously issued bids, RFPs and addenda, with all associated documentation available for download. | 95% (Based on 10 reviews) | |
Quote Management | Offers bid opportunities on a lump sum or per-item basis. Allows comparison of supplier quotes for cost-efficient decisions. | Not enough data | |
Pre-Qualification Screening | Defines customizable qualification requirements and configures renewal processes. | Not enough data | |
Bid Evaluation | Organizes and ranks supplier bids according to configurable criteria. | Not enough data |
Vendor Management
Vendor Profiles | Creates user profiles when bidders register for opportunities. | Not enough data | |
Vendor Database | Serves as a CRM for accessing vendor information with minimal clicks and searching. | Not enough data | |
E-Communications | Allows vendors and buyers to communicate electronically to field Q&A or ongoing correspondence throughout the award cycle. | Not enough data |
Award Management
Award Notifications | Publishes configurable information about awarded bids and creates an audit trail for past award reference. | Not enough data | |
Award Portfolio | Allows buyers to manage a customizable hub of program and contract data, such as KPIs, overdue items, and open tasks. | Not enough data | |
Compliance Monitoring | Tracks government-manadated requirements, contract deliverable action items, and deliverable documents. | Not enough data | |
Budget Tracking | Monitors current contract spend against budgeted amounts. | Not enough data | |
Reporting | Supports standard and custom reports for monthly requirements, internal accounting, and vendor reviews. | Not enough data |
Platform
User, Role, and Access Management | Grants access to select data, features, objects, etc. based on the users, user role, groups, etc. | Not enough data | |
Workflow Capability | Administrators can write rules to determine who and when a user needs to complete a step. Also includes notification of users when they need to take action. | Not enough data | |
Data Encryption | Encrypts sensitive data to ensure buyer and vendor personal information and contract details are kept private. | Not enough data | |
Integrations | Integrates with finance and ERP systems. | Not enough data |
