Procurement is the process of purchasing goods and/or services. In most cases, companies and/or government agencies are involved in this process.
Companies and government agencies place public bids for the purchase of goods and/or services in order to receive offers from a large number of suppliers and select the ones they prefer.
Buferto collects and updates lists of publicly placed bids on a daily basis, giving its users the ability to find and track the most profitable offers in one application.
Buferto stores all information about past procurements and their results for all countries from which we receive data.
Historical data allows you to use cost and regional analysis for procurement, goods, services, suppliers, and buyers.
Buferto strives to provide current, accurate, and complete procurement information from trusted sources. That’s why we only collect and process data from the following sources:
In all, Buferto collects procurement data from over 350 sources.
80% of the procurement sources we use are updated daily (and some several times a day). A small part of the procurement data is updated on a weekly basis.
Buferto allows you to perform a detailed search for procurements using 25+ different parameters. In just a minute, you can search through 4 million+ procurements to find only those that fit your requirements.
Here’s an example of a search query using procurement parameters:
You will instantly receive a list of procurements that match all of the above search parameters.
Buferto allows you to create tasks that track changes to existing procurements and alert you to new procurements that meet the values you specify.
Here’s an example of tracking an existing procurement:
You’ll receive an instant notification by email and on your dashboard if there are any changes to a procurement you’re tracking.
Here’s an example of tracking new procurements (or existing procurements with characteristics that correspond to your specified values):
You’ll receive an instant notification by email and on your dashboard with a list of new procurements matching your specified values.