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Save up to 15% on your purchasing costs


What is our tool?

Our reverse auction tool (also known as procurement auction, e-auction, sourcing event, and e-sourcing) is business-to-business procurement tool. In this tool, the role of the buyer and seller are reversed, with the objective to drive lowest purchase prices. Our tool provides the Real Time Online Portal to conduct a Reverse Action by Customer where invited vendors bids with the lowest possible prices to get the order. read more

It is as easy as 1,2,3...

1. Purchaser sets up Auction Parameters.
2. Bids are placed in real time.
3. Purchaser chooses the most appropriate suppliers.

cost reduction in excess of 15% have been routinely achieved at auction  read more

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