Reverse Auctions
Shorten your price negotiations from months to minutes.
Drive savings of 10%+ on average
Measure, Manage, Optimize
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Measure, Manage, Optimize
Follow us
Reverse Auctions
Shorten your price negotiations from months to minutes.
Streamline
Negotiations
Easy to Use
Optimized for Performance
Streamline Negotiations
- Drive savings of 10%+ on average
- Complete price negotiations in under an hour
- Give suppliers transparency in the process
Easy to Use
- Point-and-click configuration of auction parameters, lots, and line items
- Select auction type and have rules automatically applied
- Simple interface for suppliers
Optimized for Performance
- Built on real-time architecture
- Instant feedback on bids
- Continuous network monitoring of latency and jitter
See how much more productive you can be when using the right tools for the job.
Features at a Glance
Customizable
- Single lot and multi-lot options
- Multiple line items per lot
- Custom units
- Specifications and notes on line items
- Buyer-specified maximum bids
- Buyer-specified minimum bid decrements
Easy to use
- Quiet time settings
- Support for overtime
- Real-time collaboration
- Foreign currency support
- New vendor invitations without cumbersome onboarding
- Easy access to vendor management
Work in real time
- Real-time network statistics and warnings
- Configurable bid verification options
- Real-time bid display
- Dynamic bid rankings
- Post-auction best-of-the-best display
Features at a Glance
Customizable
- Single lot and multi-lot options
- Multiple line items per lot
- Custom units
- Specifications and notes on line items
- Buyer-specified maximum bids
- Buyer-specified minimum bid decrements
Easy to use
- Quiet time settings
- Support for overtime
- Real-time collaboration
- Foreign currency support
- New vendor invitations without cumbersome onboarding
- Easy access to vendor management
Work in real time
- Real-time network statistics and warnings
- Configurable bid verification options
- Real-time bid display
- Dynamic bid rankings
- Post-auction best-of-the-best display