About
When organizations make purchases, such as supplies or services, they aim to find the best option in terms of cost and quality. To achieve this, the optimal buying process involves comparing different offers.
One effective method to facilitate this is to use a tender, also known as an "Appel d'offres" in French. Here's how it works:
The B2B buyer lays out their needs in a specification document ("Cahier des charges").
Potential suppliers (or “bidders”) craft an offer that aligns with these specifications and submit a proposal.
This process provides buyers with a clear view of available solutions in the market, while giving suppliers a unique opportunity to stand out from their competitors.
However, the tendering process often comes with friction. It involves dozens of complex documents written in administrative language, scattered data across the web, and the need for bidders to provide exhaustive proposals…
En savoir plus en 4 min sur BFM 👇
Our goal is to revolutionize the €2.5 trillion European tendering sector and democratize tenders through world-class UX & the power of Generative AI.
We are starting by helping suppliers who bid on public tenders, like those from local towns and government ministries. We are building the first end-to-end collaborative solution to support the tender response process. Our product does 3 things for a supplier:
Detection: Tengo simplifies and provides the largest public tender monitoring
Analysis: Tengo identifies data points with LLM to unlock instant and accurate Go / No-go decisions
Response: Tengo saves weeks in writing content and drastically increases the chances to win
👉 More information on ou website : https://www.tengo.cc/