BID MI
An intelligent procurement application that simplifies vendor management, quotation collection, bid comparison, purchase approvals, and procurement workflows. BID MI improves transparency, accelerates decision-making, and optimizes purchasing processes and audit compliances.
Create RFQ
Create and publish new sourcing requests and tenders.
All RFQs
Monitor, manage, and track all procurement activities.
Vendors
Manage supplier onboarding, compliance, and performance.
Team Management
Manage internal buyer organization users and roles.
Reports
Executive insights, vendor performance, and compliance.
Settings
Manage your profile and account security.
Audit Logs
Platform-wide procurement activity trail.
Why BID MI?
Organizations often struggle with manual procurement processes, scattered quotations, limited vendor visibility, delayed approvals, and a lack of audit trails. BID MI centralizes the entire procurement lifecycle, making purchasing faster, more transparent, and data-driven. It helps businesses reduce procurement cycle time, eliminate manual errors, ensure compliance with approval policies, improve vendor evaluation, and maintain complete audit readiness while enabling informed purchasing decisions.
.jpg)
BID MI is an ideal solution for organizations looking to digitize and streamline their procurement processes. Primarily designed for the Purchase/Procurement Department, it also enables seamless collaboration with Finance, Operations, Management, and other stakeholders for requisition management, approval workflows, budget monitoring, procurement analytics, cost optimization, transparency, and audit-compliant purchasing.
Who Requires BID MI?
Pick Your Plan
Check with solution suits your organisation requirements the best.
Business
Designed for growing organizations managing multiple vendors & tenders.
Premium
Built for enterprises requiring complete procurement automation.
* Features *​
-
Vendors: Unlimited
-
Super Admin: Ten
-
User/Employee: Unlimited
-
Vendor Portal
-
RFQ Management
-
Bid Submission
-
Reverse Auctions
-
Approval Workflow
-
Advanced Analytics Dashboard
-
Email Notifications
-
Reminders
-
Audit Logs
-
Role-Based Access
-
MFA Security
-
8/5 Dedicated Support
-
​1TB Secure Storage
Racca Infotech Pvt. Ltd. 2022. All Rights Reserved.
Racca Infotech Pvt. Ltd.
Solutions for IT Hardware & Software
For the last 30+ years, Racca Infotech Pvt Ltd has continued to shape the IT industry by breaking new ground and pioneering critical developments in the enterprises.
OFFICES
Nashik (HQ)
Pune
Pune Warehouse
Mumbai
GET IN TOUCH
Get latest news, updates & special promotions!
EMAIL:
PHONE:
0253 - 2395513, 9373900080/81