e-Auctions

The easy Procure auction module makes it possible for you after an RFQ to accomplish the final negotiation online with your suppliers. Invite your suppliers to a "Reverse Auction" in the internet.

During a fixed period the suppliers place their bids online and undercut themselves up to the point when the favourable price for the specified product is reached. Due to the simplicity of our software it is possible for the buyer to set up and accomplish an auction within shortest time.

The buyer determines the basic conditions of the auction. He defines the rules and the transparency of the procedure (bid decrement, extension rules, etc.).

Advantages Clear cost price improvements by increased competition Process cost savings by standardisation and more efficient organization of the negotiation process Documentation of the negotiation result and the process Inclusion of an increased number of suppliers possible