What's Changed
Automated Pricing Evaluation PERSUIT now automatically scores proposal pricing against a fixed, proportional formula - eliminating manual pricing evaluation entirely.
How It Works The system uses a simple, transparent formula to calculate pricing scores:
Lowest Proposal Price ÷ Target Proposal Price = Target Score
Example: If the lowest compliant bid is $100 and another proposal costs $125, that bid scores 80%.
Key Implementation Details
- Enable auto-scoring for pricing at the scorecard category level through Rules & Governance
- Scores update dynamically as new proposals arrive - no manual re-scoring required
- Results are instant and audit-ready with zero administrative overhead
Why It Matters
For Your Selection Process Introducing subjectivity into pricing scores creates audit vulnerabilities. Pricing auto-score removes this risk entirely by applying a consistent, defensible formula to every evaluation. Whether you're using PERSUIT's scorecard for supplier selection or considering it—you can now confidently add an objective pricing category to your scoring methodology.
For Internal Audits Every procurement decision must withstand scrutiny. The fixed formula and automated calculation mean every score is fully defensible, consistent, and traceable. No judgment calls. No discrepancies. Just transparent, auditable results that satisfy compliance requirements.
For Operational Efficiency Manual pricing evaluation is time-consuming and error-prone. Dynamic scoring as proposals arrive eliminates re-scoring cycles and administrative burden, freeing your team to focus on strategic evaluation factors rather than spreadsheet management.
Comments
0 comments
Please sign in to leave a comment.