The cost analyzer solves the tedious task of collecting, analyzing, and summarizing cost in complex projects with different options. The system enables proposers to submit detailed costs based on pre-built intelligent models. The system allows buyers to analyze and compare the costs from various vendors. The tabulated summary cost is automatically fed into the proposal evaluation system. This solves the resource intensive error prone many hours of excel based cost model/template development. It also enables buyers to automatically visualize the best value cost option.
The system consists of a build interface, a vendor/proposer interface, a tabulation interface, and a summary interface. The biggest advantage of using the cost analyzer is to bring all proposer costs into one common standard. The vendors fill in the data online in a secured environment. The system automatically tabulates and enables buyers to select the best-optimized value to feed into the proposal evaluation system.
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