Cost of typical tender process

The LanyonBid® desktop tool will save buyers time and money whilst improving the effectiveness and efficiency of tender processes. From thorough market research we have calculated the cost of the traditional and labour-intensive manual tender process and can demonstrate process savings of up to 60% using the LanyonBid application.

For example, an average national tender project may take 49 internal manpower days. Using LanyonBid this cycle will be reduced to 20 internal manpower days.

This is just an estimate based on a broad spectrum of companies and buyers. Each tender project is different, depending on the size of the tender and the size of the team.

You can calculate the current cost of your tender process by answering the questions here.