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Key Features
iProcure delivers advanced functionality to support your procurement process, including:
- Web-based
iProcure creates a centralized, online environment that streamlines your benefit procurement. All proposal and bidding activities are managed through the Internet, improving communication between your benefits team, consultants and carriers.
- Accessible
iProcure provides a single repository for your procurement information that is accessible anytime, anywhere. No more searching through mounds of paper for the right information. With iProcure, it's just a mouse click away.
- Secure
iProcure provides powerful security features. To protect sensitive data and limit system access, each user is assigned a unique user login and password. Carriers also are provided with a secure area to post proposals and bids.
- Easy-to-Use
iProcure is exceptionally easy-to-use, allowing you to quickly develop online RFP's, upload census data and distribute information. It provides carriers with an easy-to-follow RFP format and even allows them to download and complete RFPs offline.
- Reporting and Analysis
iProcure comes with powerful decision-support tools to help you assess carrier proposals. It lets you easily create a wide range of reports, including benefit comparisons, rate tables, comparisons to current plan, cost analyses and more.
- Reverse Auction Bidding
iProcure's online reverse auction bidding functionality helps you get lower rates. Carriers make their initial bids and the results are displayed and ranked by cost. Carriers compete for your business by reducing their rates.
Benefits
iProcure provides lasting benefits, including:
- Reduces Costs
iProcure saves you money by virtually eliminating paperwork, decreasing administrative costs and overhead and slashing procurement cycle times. Our online bidding also helps you save premium dollars.
- Painless Renewals
Why re-create proposals from scratch each year? iProcure makes renewals quick and painless by letting you use and modify saved proposals.
- Saves Time
iProcure saves you valuable time by automating time-consuming and resource intensive procurement activities, such as document creation, distribution, collection and analysis.
- Eliminates Paper
Save a tree or two with Secova. Since RFPs and carrier proposals are exchanged via the Internet, there's no need to print, distribute, collect and file long documents each year.
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