eAuction Software For Procurement
Our bespoke eAuction software enables procurement teams to run successful online auctions and eSourcing events. From easy event setup and real-time bidding to detailed analytics, our platform provides the tools needed for effective procurement events for all business sizes.
eAuction Software for Forward & Reverse Auctions
Our eSourcing eAuction software provides procurement teams with powerful tools to run successful online forward and reverse auctions. Create unlimited procurement events with detailed line items, real-time bidding controls, and comprehensive built in reporting. The platform supports both forward and reverse english auction formats with customisable bid rules, participant management, and secure document handling.
Advanced eAuction Event Management
Create unlimited procurement eAuction events with detailed line items and participant management. Our eAuction software supports both forward and reverse auction formats for all procurement categories.
Learn MoreReal-Time Bid Management
Monitor live bidding activity through our application. Track bid rankings, lead bids, and competitive information with customisable visibility and eauction controls.
Learn MoreCompany-Wide Auction Access
Enable organisation-level participation in procurement events. All authorised company contacts can access and participate in relevant eAuction events through our secure portal.
Learn MoreeAuction Analytics & Reporting
Access detailed procurement analytics with real-time bid graphs, participant activity reports, and savings analysis. Export data directly using our pre-built reports or through our procurement API integration.
Learn MoreeAuction Event and RFx Management Solution
Our eAuction software enables procurement teams to create and manage unlimited online auction and RFx events. Our modern and easy to use platform supports both English reverse auctions for cost reduction and forward auctions for asset sales, with detailed configuration options for every procurement scenario.
eAuction Software Features | eSourcing.app
- Create a truly unlimited number of reverse and forward auctions
- Multi-lot procurement events
- Detailed event scheduling
- Custom event parameters
- Team-based access controls
- Mobile-responsive interface for all devices
- Real-time event monitoring
- Full audit trail logging
Real-Time eAuction Bid Management Controls For Procurement
eSourcing.app's eAuction software provides procurement teams with precise control over bidding parameters and visibility settings on an event by event basis. Our easy to use system allows you to configure the display and limitation of bid rankings, lead bid and lead bid total displays, and competitive information access to create optimal auction conditions for your procurement events and it's participants.
Auction Bid Control Features
Our eAuction software provides a range of bid management controls to ensure your procurement events run smoothly and efficiently. Below are just a few of the features available to you as an event manager using eSourcing.app auction software.
- Bid direction enforcement
- Matched bid prevention
- Minimum and maximum bid increments
- Error protection settings
- Bid buffer controls
- Auto-extension rules
e-Auction Line Item Management
Procurement teams face the daily challenge of managing complex pricing structures across multiple suppliers. Our eSourcing.app eAuction software made for procurement teams transforms this process through intelligent line item management. Create unlimited items within your reverse or forwardeAuctions, each with precise specifications that match your exact procurement needs.
Each line item in your procurement eAuction becomes a powerful tool for price discovery. Set specific unit types that match your industry standards, define exact unit quantities to ensure accurate supplier quotes, and implement quantity-per-unit measurements that align with your supply chain requirements. For strategic sourcing events, utilise benchmark prices and start values to guide supplier bids and implement reserve prices to protect your procurement targets, all within a simple to use esourcing eauction interface.
Our eAuction software platform supports both simple and sophisticated pricing models. Whether you're running a straightforward reverse auction for direct materials or managing a complex forward auction with multiple lot configurations, our esourcing eAuction software can adapt to your procurement strategy. Upcoming development of multi-currency support will ensure global supplier participation.
Modern eAuction Management Software
Real-Time eAuction Analytics
In the fast-paced world of online procurement auctions, real-time data drives success. Our eAuction software provides procurement teams with immediate insights into bidding patterns and supplier behavior. Watch as participants engage in your reverse auctions, with every bid instantly displayed through intuitive visual tools for event managers of all skill levels to monitor.
Our eSourcing.app eauction procurement suite includes dynamic bid graphs that reveal pricing trends across all line items in real time. These visual tools help identify opportunities for additional price reductions and highlight areas where supplier competition is most active. Export capabilities ensure your procurement data flows seamlessly into existing systems through our robust API integration, allowing you to continue to use your existing analytics tool for reporting and procurement insights.
Beyond the live event, our eAuction platform generates detailed procurement reports that tell the complete story of your sourcing event. Track savings achieved, analyse participant engagement, and document full audit trails of every bid. These insights inform future procurement strategies and provide clear evidence of the value generated through your eAuction events.
Discover eAuction InsightseSourcing Event Document Control
Documentation forms the foundation of successful procurement events. Our eAuction and event management software enables procurement teams to maintain complete control over event documentation, from initial specifications to final bid submissions. We allow you to upload unlimited procurement documents to each eAuction and esourcing event, with granular control over whether participants can access specific files.
For regulated industries and compliance-focused procurement teams, our eAuction and event management platform includes mandatory document acknowledgment features. Require participants to confirm they've reviewed crucial documents before accessing the bidding console. This ensures all suppliers understand the technical specifications, terms, and conditions before submitting their bids in your reverse auction events.
Every document interaction within the procurement platform is tracked and logged. Monitor which suppliers have accessed specific files, when they reviewed documentation, and their acknowledgment and intention of participation status. This audit trail provides crucial evidence for compliance reporting and helps procurement teams manage risk throughout the eAuction process.
Explore Document Features
Supplier / Vendor Wide eAuction Access
Our eAuction software takes a unique approach to supplier participation through company-level access management. Unlike traditional systems you may of used before, that limit access to individual contacts, our procurement platform enables entire supplier and vendor organisations to participate in your eAuction events with ease. This approach ensures business continuity and maximises engagement in your reverse or forward auction ran through our esourcing event management software, eSourcing.app.
When procurement teams invite suppliers to an eAuction, every authorized contact within that company gains access to the event. This means no missed opportunities due to individual absence, no delays waiting for specific personnel, and no risk of losing access to historical bid data when employees change roles. Multiple users can collaborate on bid submissions, share insights, and maintain a complete view of their supplier or vendor organisation's procurement relationship.
Security remains paramount with our company-level access model. Each supplier organisation maintains control over their internal user permissions, while procurement teams retain oversight of event participation. The platform logs every user action, creating a detailed audit trail of which company representatives accessed the eAuction and submitted bids. This balanced approach delivers the flexibility suppliers need with the control procurement teams demand.
Learn About eAuction Access Management