FAQ
Product
TalepNET is a platform for companies to source competitive price quotes for the products they are looking to buy. Our mission is to make procurement transactions transparent by enabling buyers to easily request and compare price quotes from different vendors and thus discover the best price of whichever product they need to buy. The price of industrial products and other large amount of commercial items is often not fixed. When buying in large quantities, there are also bulk discounts available. To save customers from having to go to market to source and haggle themselves and to increase the transparency in this process, TalepNET offers a requisitioning platform. Users simply describe the product they need and receive quotations from different vendors. This competitive tendering process helps users surface the lowest rates and find the true price of a product. By making it easy to compare different price quotes, TalepNET helps buyers identify hidden costs, quality differences, and other factors that affect the purchase decision.
TalepNET is a platform that connects buyers to sellers. Our platform offers an online marketplace where companies can list and promote their products and where users can search for products and connect with vendors. Our platform can be used for free by anyone to search for products, discover vendors, and requisition price quotes. Companies with more advanced sourcing, approval workflows, procurement and requisitioning requirements can sign up for our multi user plans. Our application helps simplify and standardize the procurement process of companies, making it convenient to request price quotes, and enabling easy negotiations and straightforward price comparisons. TalepNET is not an online shopping website.
Quotations received by your company are confidential and other clients do not have any privileges to view the prices you receive.
Yes. Once you have selected the quotation that best suits your needs, you can place your order with the vendor either by clicking “Submit Order” against the quotation, or by generating a purchase order.
Pricing
TalepNET charges for user-per-month usage that bills monthly.
You can pay with a corporate/credit/debit card.
Implementation cost is included in all plans.
You pay only for the number of users. No surprises and hidden fees.
You can stop using TalepNET and cancel your subscription at anytime.
Of course! If your situation changes you can upgrade instantly or downgrade at the end of your monthly subscription.
Security
We use Google servers for running the platform with 99,99% uptime and SSL secured connection. All your data is encrypted on disk with 256-bit encryption, so you can be sure that it is safe and accessible 24/7 in TalepNET Cloud.
Yes, you can easily export all the data that you stored in TalepNET.
TalepNET Marketplace
Leads come from companies registered on our platform, and thus tend to be serious leads. Vendors receive the name and contact details of the client and can contact them directly to verify the lead, ask clarifications, or even offer rates.
No. Vendors are welcome to contact customers directly and offer prices and services. However, as customers are using the TalepNET system to be able to compare prices and keep the quotations all in one place, in order for your offer to be considered, we recommend submitting it through the TalepNET system.
No. The transaction is solely between a vendor and a buyer and beyond connecting the two parties, TalepNET does not come in to take a commission or a cut. We transparently share the names and contact details of the buyer and the vendor with each other and encourage them to transact freely. We simply charge a flat subscription fee from vendors depending on the features and benefits they require in their package and the lead value for which they have signed up.
Yes. We value our clients confidentiality and protect your data. Only the buyer to whom you have sent a quotation will know the rate you are offering. We will not reveal your offered prices to any company. As per our privacy policy, TalepNET does aggregate price data and compile anonymized statistics. This data does not name specific companies and their rates.
As with any market transaction, it is the responsibility of the vendor to agree on payment terms with the buyer and collect the payment. TalepNET cannot guarantee payments on behalf of buyers.
The benefit to using the TalepNET platform is not solely in generating new clients and new business. TalepNET's sales application enables companies to save time in responding to queries and offer better customer service and support. Companies can assign product managers and key account managers to ensure better more streamlined routing of queries and reduce response times. Having products listed online enables companies to prepare and dispatch quotations and invoices faster with minimal effort.
As a neutral platform for buyers and sellers, TalepNET does not directly promote the products of any specific company or vendor in exchange for fees. TalepNET will offer independent advice and recommendations to enterprise clients from time to time based on data and market intelligence. However, to avoid compromising our independent perspective, we will not do so at the request of a vendor. TalepNET provides vendors with a number of tools to enable them to promote their own products. Our platform’s search engine optimization algorithms help your products appear in search results. We also enable you to create and curate your company profile, post advertisements and promotions on this and market your products through your profile page.