Commerce Decisions has successfully renewed its contract with Transport for London (TfL), providing the AWARD® evaluation solution to run alongside the PROACTIS Sourcing Solution to support the delivery of procurement services across TfL.
Given the scale and complexity of TfL, the procurement exercises undertaken by the organisation are vast and considerably varied. Commerce Decisions has enjoyed a long running relationship with TfL since 2006, with AWARD® supporting all major projects; providing TfL with the structure and flexibility to deliver on its numerous large-scale, strategic procurements with confidence.
AWARD® enables organisations to standardise their evaluation methodologies and processes, ensuring that project teams have access to the same robust and structured procurement approach. AWARD’s inherent flexibility means that it can provide real-time updates on the progress of the evaluation with a clear and transparent audit trail, ensuring that it was on track to achieve key milestones.
TfL contracted with PROACTIS in March 2017 for its Sourcing Solution, enabling them to streamline and manage their full tendering process.
PROACTIS Sourcing provides a series of flexible, collaborative, and efficient methods for performing effective competitive sourcing events of all types. It enables a structured, transparent, and easily tracked process from expression of need through final contract award. PROACTIS Sourcing is a cloud-based solution that facilitates interactive supplier communication.
About Commerce Decisions
Commerce Decisions is at the forefront of best practice procurement, having supported over $350 billion of procurement spend globally. It has conducted original research and gained extensive experience on hundreds of strategic projects. Since its formation in 2001, Commerce Decisions has remained focused on supporting complex, high risk evaluations.
The AWARD® evaluation solution offers a unique focus and depth of functionality to support strategic evaluation with a structured, robust and transparent approach. AWARD® delivers consistent repeatable processes for both project and organisational deployments.
AWARD® is proven to reduce time to contract, improve value for money and reduce risk. It has been used to support strategic procurements in a range of sectors including utilities, transport, local government, healthcare, aerospace and defence covering a broad range of activities including the provision of schools, hospitals, transport and defence systems across Europe, APAC, the Middle East and the Americas. Commerce Decisions operates globally from offices in the UK, Australia and Canada.
PROACTIS is a global Spend Control and eProcurement solution provider. Hundreds of organisations around the world use PROACTIS software and services to transform their procurement, purchase-to-pay and accounts payable processes to deliver greater bottom-line value.
Widely used in mid-to-large sized organisations across private, public and not-for-profit sectors, PROACTIS is routinely integrated with existing ERP and financial systems.
PROACTIS was founded in 1996 and floated on the London Stock Exchange in 2006 (AIM: phd). Headquartered in the UK with operations in North America, Benelux and Asia Pacific, PROACTIS has an extensive accredited global partner network.