With Tenderlake's AI Search there is no need to rely on matching keywords or CPV codes. Tenderlake understands if a tender opportunity is relevant for you, even if the description of your product or service shares no words or phrases with the buyers description of the procurement.
With Tenderlake’s AI Search, there is no need to rely on matching keywords or CPV codes.
Simply describe your business, product/service or business unit as you would describe it to a new team member. No need to use marketing speak. A matter-of-fact description works best.
Tenderlake understands the context of your products and services, so it can effectively show you relevant tender opportunities that are of interest to your business, even if it doesn’t share any keywords or phrases directly with the procurement notice.
It is the most effective way to ensure no opportunities are overlooked, even when buyers use unexpected keywords or phrases — something that happens all the time.
Example of business description
Tenderlake not only delivers every relevant opportunity but saves you a significant amount of time by eliminating false positives.
Because Tenderlake’s AI Search understands the context of your description, it can score the level of relevance to your business and produce a rationale as to why this opportunity is worth exploring further. This means that the opportunities presented to you, are always aligned to your products and services.
Tenderlake automatically sets the minimum score to 5/10 to capture the most relevant opportunities, however, you can adjust the score to decide which level is best for your business.
Example of a procurement notice assessed to be relevant
Tenderlake ensures peace of mind by storing every opportunity that holds potential relevance to your business. You can easily review these opportunities, along with the score and assessment used to evaluate their fit. This allows you to see how, despite some initial relevance, certain procurement notices may not be suitable upon closer inspection.
While a basic keyword search might have flagged the opportunity as relevant, Tenderlake’s advanced assessment goes beyond keywords. It understands the underlying requirements in the notice and accurately identifies when an opportunity, though seemingly relevant, does not fully align with your business offering.
Example of procurement notices assessed to be NOT relevant
The example above highlights a procurement notice that, on the surface, matches multiple keywords and phrases other tender platforms might consider relevant to this business. However, Tenderlake goes beyond simple keyword matching. It understands your business and analyses the procurement notice and buyer's intent. While the notice mentions next-gen sequencing, Tenderlake recognises they are searching for equipment suppliers, not analysis services - something outside of this businesses provision. s a result, Tenderlake scored the relevance very low and explained why. Because the score was below the minimum threshold, the notice was not delivered to the designated folder
Tenderlake’s AI Search enables you to effortlessly discover every relevant opportunity without relying on keywords or CPV codes. Each relevant opportunity is delivered directly to you, accompanied by a score and assessment that shows how well the tender notice aligns with your business. You also have complete peace of mind knowing that nothing is overlooked, with full visibility into why other procurement notices were not a fit for your products and services.
Blog post: How to Describe your Products and Services for Tenderlake AI Search