ionwave.netStrategic Sourcing Software for Public Procurement Teams | Ion Wave

For Buyers Strategic Sourcing Platform We strive to design solutions that help procurement teams maximize their results. Packed with time saving and compliance features, IWT provides you with the tools you need to take full control of your sourcing activities. Electronic Bidding Manage RFPs, RFIs, Simple & Sealed Bids, and so much more... Bid Evaluation & Scoring Easily compare RFP submissions and score them based on your criteria Supplier Management Streamline supplier registration & communication while boosting vendor engagement Contract Management Manage, store, and be notified of key contract metrics including expirations and renewal options Reverse Auction A dynamic pricing environment where suppliers compete for business in real-time Single Sign-On (SSO) Increase security and usability with Single Sign-On Simplifying Sourcing Learn How Pricing Information For Suppliers Supplier Portal Ion Wave makes it incredibly easy for vendors to register with suppliers, receive bid invitations, and quickly respond to solicitations. Our self-service portal allows vendors to get up and running in no time. Supplier Registration Learn how to get notified of relevant bid opportunities Supplier Support Contact our support to report a bug or system issue Vendor Portal Learn How ResourcesWhy Ion Wave For Buyers Strategic Sourcing Platform We strive to design solutions that help procurement teams maximize their results. Packed with time saving and compliance features, IWT provides you with the tools you need to take full control of your sourcing activities. Electronic Bidding Manage RFPs, RFIs, Simple & Sealed Bids, and so much more... Bid Evaluation & Scoring Easily compare RFP submissions and score them based on your criteria Supplier Management Streamline supplier registration & communication while boosting vendor engagement Contract Management Manage, store, and be notified of key contract metrics including expirations and renewal options Reverse Auction A dynamic pricing environment where suppliers compete for business in real-time Single Sign-On (SSO) Increase security and usability with Single Sign-On Simplifying Sourcing Learn How Pricing Information For Suppliers Supplier Portal Ion Wave makes it incredibly easy for vendors to register with suppliers, receive bid invitations, and quickly respond to solicitations. Our self-service portal allows vendors to get up and running in no time. Supplier Registration Learn how to get notified of relevant bid opportunities Supplier Support Contact our support to report a bug or system issue Vendor Portal Learn How ResourcesWhy Ion Wave Request A Demo NEXT GENERATION STRATEGIC SOURCING SOFTWARE SIMPLIFYING SOURCING Taking the pain out of complex procurement projects, supplier engagement, diligence efforts, managing contracts, and cross-departmental collaboration. Our user-friendly sourcing tools provide procurement teams with advanced automations and insights helping them clearly identify the best decision in less time. Pick A Side I’m A Buyer I’m a procurement professional that conducts strategic sourcing initiatives like crafting RFPs, inviting suppliers to bid, evaluating and awarding responses, and tracking the associated contract. I am open to seeing a better way to conduct my sourcing initiatives. Start Free Tour I’m A Supplier I’m a business that sells goods or services to other organizations. One way I earn business is by responding to RFPs and submitting proposals. I want to register to be an approved vendor and receive notifications about relevant solicitations. Learn More A SOURCING PLATFORM BUYERS AND SUPPLIERS LOVE You shouldn’t have to compromise powerful features for ease of use. Our solution was designed to be extremely powerful for buyers while maintaining the simplicity that suppliers need. This leads to rapid supplier adoption and robust insights that help procurement professionals clearly identify the best decision in less time. Buyer View Highlights Collaboration Tools Email Notifications Instant-tabulations Error Checking Engagement Insights Robust Reporting Incredible Support Supplier View Highlights Streamlined Registration Email Notifications Painless Bid Responses Error Checking Self-Service Portal Incredible Support Strategic sourcing software for modern public procurement teams A better, faster way to manage your SOURCING SOLICITATIONS RFP EVALUATIONS CONTRACTS SUPPLIERS Increase Visibility Leverage your procurement analytics to maximize savings, improve vendor satisfaction, and make better sourcing decisions. Reduce Errors Automatic error checking, proactive warnings, dashboard alerts, and so much more help ensure that you stay compliant and reduce costly mistakes. Streamline Collaboration Built-in individual and mass messaging, question & answer, and commenting functionality allow you to stay connected anytime, anywhere. Save Time Templates, libraries, and auto-tabulation features digitally transforms the sourcing process without compromising on compliance. SAVE TIME WITH TEMPLATES Templates allow your organization to standardize verbiage, requirements, layout, and other information. Procurement leaders reduce the creation time, ensure adherence to organization policies, and improve consistency throughout your sourcing projects by leveraging templates. Templates (RFP, Sealed Bid, Quote, Etc.) Libraries (Messaging, Terms, Etc.) Clone Projects Improve communication & Collaboration Our solutions simplify supply chain communication activities. Potential suppliers are automatically notified by commodity code about relevant bid opportunities. Contract administrators and key stakeholders receive reminder notices at user-defined intervals of coming contract and insurance certificate expirations. Solicitation Reminder Notices Bid Questions & Answers Mass Messaging & Individual Messaging Solicitation Outreach Reduce Sourcing Errors Our Sourcing Suite has built-in error checking to ensure that all bids and RFPs are completed without errors. Configurable fields allow you to easily establish response expectations (text, drop-down, percentage, etc.) normalizing information for an apples-to-apples comparison. Bid responses are scanned for possible errors with instructions on how to correct the error, thus improving supplier performance. Error Checking Bid Response Validation Required Fields Duplicate Supplier Prevention Track vendor engagement Gain full visibility into your suppliers’ activities throughout your procurement process with our real time vendor tracking features. Monitor suppliers as they open your emails, make progress on their RFP response, or submit their proposal. Dive deeper with our Audit History functionality that provides a detailed timeline of the users’ actions. Submission Confirmation Notices Validation Failure Notices Document Download Tracking Audit Logs Make the best strategic sourcing decision Once unsealed, solicitation information is automatically grouped and sorted for you. When the lowest price is the deciding factor, you will be able to clearly determine the winning bid in a matter of seconds. For more complex proposals, where best value is the deciding factor, you will be able to quickly determine what suppliers are best qualified to provide you with the goods and services you need. Multiple Tabulation Formats Logical Response Groupings Export to Excel Participation Reports Download Example Excel Document Gain Insight into your sourcing data Being a data-driven solution, our solution is packed with actionable analytics. Leveraging data analytics helps ensure that you are making the best sourcing decisions possible and provides confidence in the choices you make. The sourcing data is neatly compiled into easy-to-read reports that can quickly be exported and distributed to key stakeholders. Track Key Procurement KPI’s Easily track important metrics like vendor engagement, suppliers by diversity classification, cost avoidance, active contracts, and so much more....