vorto

---

VORTO is a locally developed, affordable and customiseable E-Procurement System that facilitates seamless, online tendering of works, services, materials and assets from Contractor Prequalification to Contract Management . Solveris Soultions and Systems developed this E-Tendering software application with the User in mind. Vorto is cloud based and is extremely user friendly and easy to navigate yet highly functional. 

On a daily basis, hundreds of thousands of procurement transactions take place across the globe involving billions of dollars.  These transactions can range from the simple sole source supply of a stapling machine to a sophisticated financing and tendering arrangement for mega projects in the energy, construction or military sectors.

Proper Tendering and Purchasing in public sector and listed organisations allowing for transparency, fairness and competitiveness is governed by strict legislature in many countries. Private organisations too, see the benefit of obtaining competitive rates based on fit for purpose Scope of Works supported by a Contract or Purchase Order.

FEATURES

• Online Vendor Registration, Document submission, Site Visit and Recommendation

• Selective or Public ITBs or RFPs for Works and Services; RFQs for Materials and Equipment

• Online creation of tender package - Scope of Works, Tech docs, Drawings, Bid Form, Terms & Conditions, Instruction to Bidders 

• Price and Unit Estimate Catalogue online

• Through online generation of the Tender Package; Company Estimate and Evaluation Criteria matrix are automatically created

• E-Tendering - online tender issuance, site visit, clarification, bid submission.

• Online Receipt of bids, Evaluation and Recommendation

• Delgation of Authority is set up online based on org chart - Approvals and notifications are online, real time - Workflow

• Automatic creation of POs, Letters of Award

• Contract Management, Progress tracking for payment and Performance Assessment

BENEFITS

• Reduced Procurement Cost and Turnaround Time through the Procurement Strategy module

• Improved Value for Money and Efficiency - mitigates Reworks and "Bad Buying" 

• Easily customisable for policy compliance 

• Secure, cloud based

• Easy to use; Easy to navigate

• Faciltates collaborative, creation of tender package through drop down, best practice options  

• Online Evaluation, Tender and Vendor Registration Committee meetings

• Closer collaboration with vendors through Contract Management Module

• Client and Vendors receive prompts of key dates

• Reduces paper