Auction Unit
ebiz Latin America offers an Auction Unit which allows you to negotiate as well as fix prices and terms in a more efficient and dynamic way, getting positive results for your company.
Electronic Reverse Auction is a dynamic price negotiation process in real time among suppliers who were previously authorized by a buyer. It is called Electronic Reverse Auction because, unlike the traditional system, it gets the best position during negotiation, the lowest bidder or the best combination of many factors with different prices established by the buyer.
ebiz Latin América Auction Unit is designed according to international security, reliability and universality standards. It has the following characteristics:
- Different closing rules.
- Notification by e-mail.
- Monomial formula to list a unique value proposition.
- Many values entered for a proposition.
- Parameterization to program automatic update values.
- Possibility to contract award to one or more bidders.
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