Sell your goods or services with eAuction
You will find that selling your goods or services with an eAuction means more profits compared to fixed-price selling. In an age where the supply chain can be disrupted and many goods are in limited supply, buying and selling through an eAuction means you get what you need when you need it.
Procure effectively with eAuction
Compared to their typical procurement methods, SMBs and enterprise companies profitably acquire goods and services through eAuctions thanks to the “best proposal choice.” Using reverse auction strategies, companies save an average of 22-52% on their procurement costs.
A database of over 1M suppliers
We know you have your verified suppliers, but there are many cases where interacting with new vendors can be lucrative and beneficial. Open your auction to new suppliers and watch the competition drive down your procurement costs.
Apply to public tenders from your sector
BestAuction synchronizes with corporate and government tenders daily. Suppliers can easily identify business opportunities and ask buyer to participate in the eAuction. Additionally, buyers can easily find new suppliers to meet their procurement demands.
RFP / RFQ process with Automatic Proposal Sorting
The RFP process begins when the buyer drafts a proposal request. From here, suppliers are invited to review the RFP and submit their first proposals through the BestAuction app. Proposals are automatically reviewed on the buyer side through preset conditions, so only the best suppliers are admitted to the eAuction.
Make eAuctions public or private
A private eAuction means your procurement request is only visible to invited suppliers. Want to see what else is available? Running in public mode makes your eAuction searchable through keywords and region filters.
Multi-criteria bidding and request minimums
Our core mission is to give our users access to a powerful and robust eAuction platform. To make this happen, we created a sophisticated purchase requisition form which also allows buyers to establish multi-criteria bidding while defining mandatory and non-bidding requests.
Cloud Based Architecture
Bestauction.com is a cloud based application and there is no need to install any software. The only prerequisite to use it is to have an access to the Internet. Furthermore bestauction.com is available anytime and anywhere (24×7). For a fraction of costs you can have the access to automated tools and approval flows with global reach. Bestauction.com is the first true SaaS-based online platform for the procurement process available mainly to common users as well as to the small and medium enterprises (SMBs) globally.
Ease of Use
Right from the start, you’ll be able to easily navigate through bestauction.com. No specific training is needed. In general, ease of use is the critical element in the adoption of any online applications. In bestauction.com all screens are laid out in a logical way so that buyers find it easy to follow best practice every time through a bidding process. The suppliers can easily identify the potential business opportunities and ask the bidders for an active participation in the bidding process.
Truly Global
From the simplest call for proposals to the most complex multi-parameter bids, clever wizards and tools will help you launch bids, collaborate, and negotiate with your suppliers across the world. Create a bid in just few minutes. Soon, you’ll be receiving offers from matched sellers. Regardless of what you buy, bestauction.com helps you to easily find on the map the potential suppliers in a defined area. Through bestauction.com, you can manage suppliers, purchases, budgets and costs for operations anywhere in the world.