Mediagrif, via its seamlessly integrated SourceSuite portfolio which includes the ASC suite of contract, document, form and CPQ lifecycle management solutions, is a leading provider of best-in-class eSourcing and eProcurement systems across North America and around the world.
eSourcing vs eProcurement
Although the terms eSourcing and eProcurement are commonly interchangeable, they are very distinct although interrelated processes.
eSourcing comprises the electronic process of managing the identification and approval of the procurement needs for goods and services; requesting and soliciting quotes and bid responses from various suppliers; and fairly selecting, negotiating and awarding contracts based on pre-defined selection criteria with a focus on ensuring that the selected supplier has the ability to deliver and meet the requirements at the best price and value.
eProcurement, on the other hand, begins with the execution of the actual contract and comprises the electronic process of managing the procurement transaction and compliance including the requisition, authorization, ordering, receipt, payment and monitoring of suppliers.
The Mediagrif SourceSuite solution portfolio can seamlessly manage both sourcing and procurement requirements end to end or as separate modular solution requirements.
The robust and configurable Mediagrif SourceSuite portfolio, which includes ASC, MERX, BidNet, epipeline, GovernmentBids.com and Construction Bidboard, provides flexible options to streamline the complete lifecycle of “quote to cash” and “procure to pay” processes for cross-industry organizations. Our software-as-a-service (SaaS) solutions ensure end-to-end sourcing and procurement processes are handled electronically in a secure and auditable environment. Organizations using SourceSuite solutions see significant time and cost savings compared to traditional methods of identifying, categorizing and communicating with customers, suppliers, vendors, partners and other stakeholders. Our sourcing and procurement solutions provide configurable document distribution options, advanced search options and in-depth reporting features as well as automated approval workflows and notification systems, making it easy for customers to rapidly request contracts, issue solicitations and orders, manage documents and addenda, respond to requests for information, evaluate bid responses and audit supplier communications, manage contractor performance and compliance requirements, etc. SourceSuite delivers powerful, time-saving solution options for sourcing and procurement lifecycle management.
ASC provides a best-in-class, tailored and branded, enterprise platform to support the full contract, document, form and configuration, price and quote (CPQ) lifecycle management needs of its customers and partners. Seamlessly embedded within the full SourceSuite portfolio (e.g., MERX, BidNet, etc.) or accessible as a standalone solution module, ASC Contracts is conveniently available from any device and is tailored to uniquely fit, automate, streamline and monitor your contract, document, form and CPQ processes. ASC Contracts helps cut through the complexity of contracting processes and drives improved efficiencies, lower costs, reduced risks, better compliance and increased revenues.
MERX is Canada’s leading electronic tendering service and a global leader in the development of electronic tendering technology for the public and private sectors. MERX helps governments, agencies, Crown and not-for-profit and private corporations reduce traditional strategic sourcing costs while improving efficiencies and accountability to stakeholders. For the past 15 years and counting, MERX has served as the most complete source of public and private sector contract opportunities (tenders) available in Canada. MERX has leveled the playing field so that businesses of any size can have easy and affordable access to billions of dollars in contracting opportunities with the Government of Canada, participating provincial and municipal governments, the US Government, state and local governments, and the private sector.
BidNet is a leading e-procurement solution and bid aggregation vendor, providing comprehensive coverage of State and Local government business opportunities in the US. BidNet’s robust and configurable e-procurement bid and vendor management system for the public sector enables buying organizations to go paperless and automate their bid and vendor management processes. The BidNet solution offers the most advanced technology and features available in bid and vendor management solutions today with modules automating and managing everything from vendor registration and bidding processes, vendor pre-qualification management, workflow approval, publishing and advertising of solicitations and award information, full audit tracking and reporting, bid receipt and evaluation, contract management, compliance management and vendor performance management.
epipeline provides research-enhanced Federal government business intelligence and opportunities information based on data aggregated from proprietary federal government market research, state-of-the-art technology and comprehensive Fed bid databases. Via these research and aggregation mechanisms, epipeline monitors trillions of dollars in Federal contracts, including "cradle to grave" intelligence (e.g., market data, contract history, contract and business opportunity research, custom reports, etc.) on high-value Federal re-compete bids. This aggregated epipeline data and intelligence provides customers with real-time, detailed visibility of federal business opportunities and ultimately helps them land more federal business.
For businesses seeking to enter or expand into the government market, or for those wanting to ensure they find the opportunities they need, when they need them, GovernmentBids.com tracks and aggregates Local, State and Federal government bids (the #1 source) with a focus on value. The easy-to-use online service, provides customers with direct and instant access to government bids, contract awards and advance information about upcoming opportunities at the Local, State and Federal levels, aggregated daily from thousands of sites, numerous government publications and public meeting reports, and supplemented and monitored by our team of research experts. In addition to the extensive daily bid and opportunity listings, GovernmentBids.com quickly and effectively matches government opportunities to customers’ needs and profiles and offers a variety of packages and service options, including automated notifications, etc.
Construction Bidboard is a leading bid publishing company that provides a web-enabled, interactive bid service focused on improving the entire public construction project solicitation, proposal and bid process in the state of California. For the contracting community, the eBidboard service provides general contractors, subcontractors and suppliers with the detailed information they need to effectively bid and win California public works construction projects. For government agencies, the Construction Bidmanager service is a web-based, end-to-end bid management solution, helping government agencies to more efficiently publish, distribute and manage construction opportunities.