Tender Deposit Management

Tender deposit management in Qkrsales streamlines the process of managing important terms and conditions, such as Letter of Intent (LD), Bank Guarantee (BG), and Security Deposit (SD), of a customer purchase order (PO). The integration with Qkrtender tracks the entire lifecycle of bidding and deposits, including the due date for submission, approval of requests, utilization of bank limit, submission to the client, and eventual recovery from the client. This helps ensure smooth and efficient management of deposit-related processes.

Speed up

Other Terms and Conditions

Any special terms specific to a purchase order can be managed using this section. Some examples for such terms:

  • Contract has to be signed within specified days from PO Date.
  • Insurance Policy had to be submitted by a specified date.
  • Rental charges to be billed for a specific period.

Each term may have deadline

  • Linked to a Milestone
  • Linked to a date such as PO Date
  • Date specified by user

Each term can be assigned to a person responsible. For other teams, if a deadline is fixed and responsibility has been assigned, the completion can be tracked with alerts & status updates.