First e-Procurement Software Tender Opening Completes Successfully

The Punjab Information Technology Board (PITB) successfully held the first tender opening for e-Procurement software (ePADS) in the presence of the Purchase Committee and Bidders.

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The Punjab Information Technology Board (PITB) successfully held the first tender opening for e-Procurement software (ePADS) in the presence of the Purchase Committee and Bidders.

In order to allow procurement agencies to receive online bids and take part in the procurement process, PITB developed the software. Additionally, ePADS will enable businesses to participate remotely in the bidding process by enabling them to do so online.

In this regard, PITB Chairman Faisal Yousuf stated that PITB is fully committed to making sure that ePADS will be used to administer a fair and impartial evaluation procurement process.

Enhancing accountability and transparency is ePADS’ main goal. The online system will also assist in converting current paper-based processes to a paperless setting, enabling hassle-free delivery and saving time and money.

A cloud-based programme called e-Procurement Software makes it possible to find, purchase, and manage purchases of goods and services entirely online. It offers more system transparency, defines vendor policies, and offers digital and automated tools to support businesses.

Utilizing an eProcurement system is a great way to spot underperforming suppliers early on in the process, before problems like high costs or decreased productivity would typically surface through manual analysis.

This is so that areas of weakness can be highlighted and more in-depth analysis can be prompted. eProcurement software has built-in reporting functionality to track and compare supplier performance across a range of metrics.

The Punjab Information Technology Board (PITB) was created in 1999 by the Punjabi government as an independent organisation under the Department of Industries. From 2001 to 2011, it was run by the Information Technology Department.

The department’s main objectives were to keep an eye on international opportunities, meet the growing demand for IT, create policy initiatives, and plan and carry out initiatives to boost the competitiveness of the IT sector in the Punjab province.

The Punjab Planning & Development Department in 2011, took over control of PITB after the Information Technology Department was abolished.

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