Reverse Auction Bidding WebApp / Portal

We need a web based e-procurement platform only for our company that offers multiple real time bidding solutions to better negotiate for your sourcing needs. The different types of auctions are tailored to buyers sourcing requirements which include Single Reverse Auction, Multiple Reverse Auction, Dutch Auction and Multi Currency Auction. It is a robust, scalable and reliable solution offering suppliers to compete in real time. Single Reverse eAuction Buyers create independent open fixed price reverse eAuction for single item or lot. You set a fixed start price & decrement value, invite suppliers to bid against each other where L1 price is visible to all thus creating open competition while suppliers names are not disclosed. It is ideal for items which are branded or you want to award complete order to a single supplier. Multiple Reverse eAuction Fully flexible type of reverse eAuction for single or multiple items to be simultaneously bided. You can select from open price bidding or L1/L2/L3 type bidding option. In open price suppliers can bid first start price at their own. Ideal for competitive bidding among suppliers for raw materials or market commodity items.