Working in the public sector can be challenging, with many rules, strong competition, and huge amounts of data to handle. Even though there is a lot of information available, most of it is not used effectively, making it hard for companies to find the right opportunities.

This is where Hermix helps, making it easier to win public contracts with tender monitoring and market intelligence based on AI.

1. Find the best public procurement opportunities faster

Winning public contracts starts with finding the right opportunities. With Hermix’s real-time monitoring, you can easily find new tenders from the European Commission and other public sector institutions.

Hermix allows you to filter tenders by country, industry, or contracting authority, ensuring that you receive relevant updates tailored to your needs. This helps companies stay ahead in the procurement procedure and make informed decisions on which opportunities to pursue.

The most popular feature in 2024:  Alerts – Set notifications to receive the latest tender opportunities by email, every morning. 

Types of monitors: tender opportunities, contract awards, prior information notices, and changes in specific opportunities.

Latest update – You can set up and receive multiple alerts per day.

2. Focus on the right tenders with smart analysis

Not every tender is the right fit. Hermix’s AI features, including Tender Summarization and AI Chat, help companies determine which tenders align best with their strengths. The platform provides insights into past public procurement winners, highlights key competitors, and even predicts potential success rates, allowing users to optimize their bidding strategies in procurement contracts.

3. Understand the public procurement market to beat your competitors

Hermix provides detailed analytics on public sector spending, major suppliers, and procurement trends across Europe. These insights help you identify new opportunities and refine your strategy.

The most popular feature for better organization is the Flags Board. It helps you and your team members manage the flagged opportunities of their organization, in a Kanban board.

4. Explore EU Spending for bigger opportunities

The European Commission allocates billions in funding for various projects. Understanding how and where the money is spent can open doors for businesses looking to secure EU public procurement opportunities. Hermix provides in-depth data on government procurement trends, key suppliers, and industry-specific spending patterns, helping businesses align their strategies with emerging funding opportunities.

Good to know: You can download all EC tender files as a single ZIP, streamlining workflows.

5. Work with team collaboration tools

Public procurement is a team effort. Hermix simplifies this process with collaboration tools like Kanban boards and shared workspaces. These features enable teams to track tenders, assign tasks, and ensure seamless communication throughout the procurement procedure.

Tip:  Saved reports feature can now be shared with colleagues.

Conclusion

By implementing these five strategies, companies can maximize the benefits of Hermix and enhance their success in public procurement. With AI features, tender monitoring, in-depth market intelligence, collaboration tools, and email alerts, Hermix helps organizations stay ahead in the competitive public procurement market.