You are currently viewing uses reverse auctions to make the procurement process easier uses reverse auctions to make the procurement process easier

To keep your business running smoothly, you need a variety of supplies. While procurement is an unavoidable part of doing business, it can also be expensive and time consuming to obtain everything you need. What can you do to ensure you’re getting quality products and services at the best prices as quickly as possible? has a solution. is an online platform designed to help individuals and small to medium enterprises (SMEs) manage the overall procurement process. The platform helps users buy and sell goods and services faster and more efficiently. It also allows users to initiate digital collaboration with new suppliers and partners around the world. works through a reverse auction process. Instead of a seller posting an item and letting buyers place bids for the item, with, buyers let suppliers know what products or services they need, and suppliers place bids to win the job. When the buyer has a pool of qualified suppliers participating in the reverse auction, the price the buyer ultimately pays for the needed products or services may be driven lower than what it would have been outside of the auction.’s reverse auction method uses the power of the market and competitive bidding to drive prices lower and save buyers money. It also helps buyers save time, so they can spend less time in the procurement process and more time focusing on other areas of the business. Additionally, enables users to find suppliers from all over the world.

Features includes a variety of features to help buyers get the products and services they need and help suppliers obtain orders.

Easy to use: aims to makes it easy for buyers and suppliers to participate in the bidding process by formatting all screens in a logical way, helping users follow best practices in the bidding process. Plus, it only takes a few minutes to create a bid.

Cloud-based application: is based in the cloud, so users don’t need to install software. is available 24 hours a day, 7 days a week – all users need to access the platform is an internet connection.

Automation: includes automated tools and approval flows with global reach, helping users make the most of the platform.

Global: Buyers can collaborate with and negotiate with suppliers from all over the world.

Operations management: Using the platform, buyers can manage suppliers, purchases, budgets and costs. offers three packages at different price points to cater to different customer needs: The Personal Free package, which allows two auctions per month; the Standard Business package, which allows 50 auctions per month and currently costs $49/month or $490/year; and the Premium Business package, which allows unlimited auctions each month and currently costs $249/month or $2490/year. Each plan offers public access to auctions, email templates, free updates, email notification, industries classification and more. The Standard Business package and Premium Business package offer additional features.

Instead of searching for suppliers with the best products and prices, why not let suppliers come to you? Learn more or give it a try at


The post uses reverse auctions to make the procurement process easier appeared first on KillerStartups.

Source link

Leave a Reply