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New eProcurement portal for Govt, others, make debut

By Bankole Orimisan
03 March 2015   |   10:07 pm
BOLFYNG has launched a new innovative electronic procurement solutions that will bridge the gap between purchasers and suppliers, aiding the process of tendering, pre-qualification and contract bidding to be done electronically .    The new eProcurement Portal could be best described as a pace setting and another information technology revolution in Nigeria, which is already…

BOLFYNG has launched a new innovative electronic procurement solutions that will bridge the gap between purchasers and suppliers, aiding the process of tendering, pre-qualification and contract bidding to be done electronically .

   The new eProcurement Portal could be best described as a pace setting and another information technology revolution in Nigeria, which is already attracting the attention of the Federal Bureau of Public Procurement (BPP), Lagos, Osun and other States across the country.

   BOLFYNG mean Bids Online For You Limited, is a Limited Liability Company operating in Nigeria as an e-procurement solution company that provides web based portal enabling purchasing organizations to manage and streamline procurement processes from bid creation, bid publishing, prequalification, bid submission and evaluation, document distribution and management to instant tender notification to interested bidders.

   Speaking at a press briefing  in Lagos, at the weekend to unveil the e-procurement solution, Business Development Director, BOLFYNG Limited, Yinka Sorinwa said that the online portal connect suppliers providing various goods and services to purchasing organizations from the local, state and federal government, education, consulting, engineering, financial institutions, construction, healthcare sectors, public and private companies and many more across Nigeria and beyond.

  Sorinwa stated that the main objective of BOLFYNG  is to provide a platform where up-to-date information is made available to end users with the aim of becoming the most used and frequently visited web portal for bid publishing, e-prequalification and e-bidding.

   “The traditional manual process of procurement is now obsolete, making the bid tendering and application process very slow, frustrating and time consumingwith very tedious process for payment and bid document pick up. Many advanced countries have replaced this with e-procurementand this solution is what BOLFYNG offers. Purchasers and Suppliers can now undertake the procurement process with ease by signing up to the portal -www.bolfyng.com.

   “It is of no benefit to both the suppliers and purchasers to go through so much stress before negotiations or business can be conducted. 

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