Bid Ops Pricing, Features, Reviews & Comparison of Alternatives

Bid Ops

Bid Ops is Sourcing Enablement for the Modern Business.

5.0/5 (4 reviews)

Bid Ops overview

Bid Ops is Sourcing Enablement for the Modern Business. Its artificial intelligence engine automates request strategy, bid analysis and enables apples-to-apples comparisons between suppliers based on performance and price. With automated negotiation and contractor outreach services, Bid Ops helps to optimize sourcing savings and accelerates business partnerships between top buyers and leading suppliers.

Bid Ops automates negotiations using state-of-the-art market intelligence and historical pricing data to help users achieve great price outcomes in their requests. Buyers are able to set custom goals which allow the app to recommend, confirm and execute best sourcing practices. Analytics allow users to compare suppliers instantly on price and performance, enabling them to do business with their preferred suppliers with improved pricing.

Buyers can quickly create requests through the simple interface and invite suppliers to the request. Bid Ops’ AI tool generates an opening quote unique for each supplier, and buyers can watch as they negotiate. Through a dynamic dashboard, suppliers' offers are compared, benchmarked, and tabulated, and buyers can view a quote analysis to compare request outcomes. The AI compares awards on both price and value, allowing the buyer to easily select a winning supplier.
bidops.com

Pricing

Starting from
$500/month
Pricing options
Value for money
View Pricing Plans

Devices

Business size

S
M
L

Markets

United States, Canada

Supported languages

English
Bid Ops screenshot: Improve pricing by automating negotiations with state-of-the-art market intelligence and historical pricing data_Bid Ops screenshot: Analytics compare vendors instantly on price and performance

Bid Ops reviews

Excellent
4

Very good
0
Average
0
Poor
0
Terrible
0
Value for money
Features
Ease of use
Customer support
  5.0
  4.5
  5.0
  5.0
Brian Silver

White Paper / Benchmarking

Used occasionally for 6-12 months
Reviewed 2019-01-11
Review Source: Capterra

Overall the Bid Ops service was very user friendly and as a partner using the platform on behalf of a client, I received really great customer support from the Bid Ops team. There are a lot of companies that can provide benchmarking data, but this was the first time I saw a bid model that was uniquely individualized to my client's procurement needs. Will definitely use again.

Pros
Bid Ops system helped me benchmark the value of procuring sustainable innovations for a client who was making the business case for a high-value facilities product. Procurement evaluations from a Total Cost of Ownership perspective can sometimes be challenging, and I found Bid Ops solution worked well for our needs

Cons
I started using Bid Ops when their team was still prototyping the Total Cost of Ownership modeling features and you had to manually enter some of the assumptions. It's great to hear that newer versions of Bid Ops have templates with weighted evaluation criteria for specific categories pre-populated, so will definitely be interesting to see what use cases they show as this template library grows.

Rating breakdown

Value for money
Ease of use
Features
Customer support

Likelihood to recommend: 10/10

Minimize review

Kate Shapiro

Amazing Total Cost of Ownership Analysis!

Used occasionally for less than 6 months
Reviewed 2019-01-14
Review Source: Capterra

Pros
We used a Total Cost of Ownership Analysis and loved it. It helped our company completely and efficiently assess potential risk and impacts across our entire supply chain. As a company that deeply values labor and working rights as well as sustainability, we found that the Total Cost of Ownership Analysis helped us unlock and discover findings we would not have been fully aware of otherwise. The level of depth provided in the report was uniquely helpful and gave us the information we needed to make better company decisions.

Cons
Honestly, we saw no issues with the analysis we used and enjoyed our experience.

Rating breakdown

Ease of use
Features

Likelihood to recommend: 10/10

Minimize review

Amy Pojunas

Bid Ops review

Used occasionally for less than 6 months
Reviewed 2018-10-22
Review Source: Capterra

My overall experience was very positive. I have used several bidding systems and found Bid Ops to be easy to use, full of details to complete the bid, and direct access to Bid Ops team members whom assisted with my questions.

Pros
Ease of use to view bid, simple click throughs, ease of understanding directions, and confirmation of entering the bid

Cons
One suggestion I have is option of offering a live bid session. I have seen this from other bidding systems. The bid I completed was no live so, I am unsure if this is offered.

Rating breakdown

Ease of use
Features
Customer support

Likelihood to recommend: 9/10

Minimize review

Alan Peck

Valuable Service

Used weekly for less than 6 months
Reviewed 2019-01-10
Review Source: Capterra

Very positive.

Pros
It provided tangible positive results for our Agency. Bidder participation Has been increased due to the use of the Bid Ops algorithm.

Cons
Difficult to see how Bid Ops can afford to provide Los Angeles World Airport with the level of personalized customer support that we have received to date.

Rating breakdown

Value for money
Ease of use
Features
Customer support

Likelihood to recommend: 10/10

Minimize review

Bid Ops pricing

Starting from
$500/month
Pricing options
Subscription
View Pricing Plans

Contact Bid Ops for detailed pricing information.

Bid Ops features

Activity Dashboard

API (550 other apps)
Activity Tracking (280 other apps)
Audit Trail (260 other apps)
Auditing (318 other apps)
Automatic Notifications (434 other apps)
Billing & Invoicing (233 other apps)
Compliance Management (294 other apps)
Customizable Reporting (345 other apps)
Data Import/Export (318 other apps)
Document Storage (256 other apps)
Inventory Management (315 other apps)
Inventory Tracking (265 other apps)
Invoice Management (238 other apps)
Monitoring (240 other apps)
Real Time Data (290 other apps)
Real Time Reporting (244 other apps)
Reporting & Statistics (383 other apps)
Third Party Integration (308 other apps)
Workflow Management (319 other apps)

Additional information for Bid Ops

Key features of Bid Ops

  • Analytics
  • Artificial Intelligence (AI) Engine
  • Benchmarking
  • Bid Analysis
  • Budget Management
  • Collaboration
  • Comparisons
  • Dynamic Dashboard
  • Geofencing
  • Global Sourcing Management
  • Historical Pricing Data
  • Quote Management
  • Rfx Management
  • Sourcing Management
  • Spend Management
  • Supplier Web Portal
View All Features

Benefits

• Bid Ops enables partnerships between top buyers and leading suppliers through its contractor outreach service to drive increased supplier participation.

• Bid Ops provides automated negotiation to help optimize procurement savings with state-of-the-art market intelligence and historical pricing data.

• Automatically execute against goals for cost reduction and compare supplier instantly on price and performance through analytics.

• Bid Ops drives improvements and market-leading results in procurement, leading to savings on managed services and raw materials solicitations for businesses.

• Avoid logins and manual data entry with Bid Ops' automated negotiation software which leverages a powerful artificial intelligence engine and geofencing.