Using Ratefinder to strategically negotiate framework agreements
Software for purchasing framework agreement rates in the MICE industry
Using Ratefinder to strategically negotiate framework agreements
Software for purchasing framework agreement rates in the MICE industry
In a dynamic industry such as MICE, up-to-date market information and price overviews are crucial for effective framework agreement negotiations.
This is exactly where Ratefinder comes in: it provides you with valuable comparative data at a glance and highlights potential savings. This allows you to compare offers optimally, react more quickly, and make the right decision for your requirements.
Use Ratefinder as a separate software program or as an integrated tool. As an integrated tool in the MICE Portal platform, Ratefinder perfectly complements our mission: to efficiently connect providers and organizers and simplify your business processes by allowing you to control your rates at all times, from negotiation to booking.
With an integrated Ratefinder, you have everything in one place: with the complementary negotiation software, you can leverage the entire value chain of the MICE Portal Enterprise Solution.
MICE Portal Enterprise Solution:
Ratefinder Procurement Platform Venue Finder Invoice Processing
Use Ratefinder as a separate software program or as an integrated tool. As an integrated tool in the MICE Portal platform, Ratefinder perfectly complements our mission: to efficiently connect providers and organizers and simplify your business processes by allowing you to control your rates at all times, from negotiation to booking.
With an integrated Ratefinder, you have everything in one place: with the complementary negotiation software, you can leverage the entire value chain of the MICE Portal Enterprise Solution.
MICE Portal Enterprise Solution:
Ratefinder Procurement Platform Venue Finder Invoice Processing
MICE Portal Enterprise Solution:
Ratefinder Procurement Platform Venue Finder Abrechnung
More than just finding suitable rates
From Ratefinder to Preferred Partner
Ratefinder
Negotiation Software
Can be used with or without the Enterprise Solution to negotiate framework agreements
Consulting
Partner Management
Consulting for a customized hotel program and questions regarding the use of the Ratefinder
Partner
Preferred Partner
Contract terms for long-term partnerships and preferred access to services and more
Conclude contracts digitally in an audit-proof and legally binding manner
With Ratefinder, contracts are concluded completely digitally and automatically. Contract documents are created in real time as PDF files and sent by email, including a renegotiation option, which saves a considerable amount of time. All contracts can be signed digitally in a legally binding manner and stored centrally and audit-proof in the software. The negotiation software thus replaces the previously cumbersome manual process of postal delivery, handwritten signatures, and filing with a fast, secure, and efficient digital solution.
Conclude contracts digitally in an audit-proof and legally binding manner
With Ratefinder, contracts are concluded completely digitally and automatically. Contract documents are created in real time as PDF files and sent by email, including a renegotiation option, which saves a considerable amount of time. All contracts can be signed digitally in a legally binding manner and stored centrally and audit-proof in the software. The negotiation software thus replaces the previously cumbersome manual process of postal delivery, handwritten signatures, and filing with a fast, secure, and efficient digital solution.
Our Ratefinder
Features at a glance
Process Optimization
- Easy setup
- Standardized tendering
- Consistent contract formats and content
Volume Bundling
- Analysis and reporting
- Bundling of booking volume to partners
- Rate savings in purchasing
Time Savings
- Simultaneous negotiation with multiple partners
- Approval and renegotiation at the touch of a button
- Automated contract dispatch
Integration
- Integration with the MICE portal
- Automatic use of framework agreements
- Ranking and filtering of partners on
the booking platform
Centralization
- Company-wide/location-independent access to negotiated rates
- Contracts are stored in one place in an audit-proof manner
Integration
- Integration with the MICE portal
- Automatic use of framework agreements
- Ranking and filtering of partners on
the booking platform
Centralization
- Company-wide/location-independent access to negotiated rates
- Contracts are stored in one place in an audit-proof manner
Do you have any further questions?
Book a personal consultation appointment with no obligation, including a Ratefinder demo. If required, we can also provide you with a customized quote.
FAQ
Why has the use of a rate finder proven itself in MICE purchasing?
The use of negotiation software such as Ratefinder has proven itself because it significantly simplifies and professionalizes the entire framework agreement process for hotels and companies. Instead of working with countless Excel spreadsheets, individual contract versions, and different terms and conditions, Ratefinder ensures a clear structure and comparability. The software standardizes offers, general terms and conditions (GTC), and pricing conditions, creating a transparent, efficient, and audit-proof process.
The result: less manual effort, fewer potential errors, and noticeable time and cost savings in strategic event purchasing.
What services can be negotiated via Ratefinder?
The Ratefinder software allows you to define all relevant contract parameters centrally and according to your individual specifications. These include contract terms, trade fair periods, service components such as overnight stays, breakfast, or conference packages, as well as cancellation conditions and the desired hotel list.
These settings are stored once and form the basis for all subsequent negotiations and comparisons. This makes the entire process efficient, transparent, and comprehensible for all parties involved.
Why is it worth using Ratefinder in combination with the Enterprise Solution?
Using the Rate Finder in combination with the Enterprise Solution is worthwhile because it allows you to achieve maximum transparency and efficiency in event purchasing. With just a few clicks, you can invite all relevant hotels to submit their offers in a uniform and comparable manner. If you have also stored your preferred partners or framework agreement hotels in the MICE portal, you benefit twice: these are marked as framework agreement partners in the customer shop, the agreed rates are automatically stored and visible to all event planners.
This ensures that the correct prices are always taken into account for inquiries and your purchasing remains standardized and secure throughout.
Why do framework agreements require uniform terms and conditions and cancellation policies?
Framework agreements require uniform terms and conditions (T&Cs) and cancellation policies to ensure transparency, comparability, and tax clarity. Different flat rates and varying service packages often lead to discrepancies on the part of companies, both in terms of price structure and in the evaluation or taxation of the services offered. Without uniform principles, there is no clear comparability, no price transparency, and no traceable savings, as savings cannot be clearly identified.
Uniform terms and conditions and cancellation policies, on the other hand, create a reliable, legally compliant, and efficient basis for your framework agreement negotiations.
Why should rates be quoted on the basis of uniform conference packages?
Uniform conference packages create uniform parameters between hotels and offers. Clearly defined service packages, such as room rental, catering, or technology, make costs transparent and offers directly comparable.
They also enable a structured and transparent tendering process for awarding contracts, providing companies with a data-based decision-making basis and enabling them to achieve fair, market-driven conditions.
What are the advantages of automatically mapping cost savings?
The automatic mapping of savings makes cost savings immediately visible, for example by comparing previous year's rates or the difference between initial and follow-up offers. This level of transparency would not be possible manually in such detail and speed, as the effort involved in processing large numbers of incoming offers would be too high and prone to errors.
Automation makes savings precise, traceable, and visible in real time, providing companies with an ideal basis for strategic purchasing decisions.