Management
Ecosystem
Strategies
Real time competitive bidding and live ranking
Procucev E-Auction Module facilitate Real time bidding by suppliers dynamically and Live ranking during the auction ensures healthy competition.
Supplier Qualification and Eligibility Controls
User can execute the control of allowing Qualified and eligible Supplier only to participate
Live savings updates
Real time updation of savings during E-auction facilitates user to track progress of the E-Auction towards targets and take necessary actions instantly to maximise savings.
Automated event extension
This features bring healthy competition between the auction participants by giving equal opportunity and also drives auction to achieve better savings.
Choice to define several Auction rules
User can define several E-auction rules as per type and nature of E-Auction conducted and enables to drive transparency and compliance.
Multiple E-Auction Strategies
Procucev platform designed to implement several E-Auction strategies as per Product, Category and Sourcing objective.
Advanced value added features
Several other advanced features getting updated from time to time to enrich Customer experience and Transparency.
Procucev: Smart E-Auction
Procucev E-Auction module enables Organizations to create and publish RFIs, RFQs, and RFPs, invite Qualified Suppliers, receive bids online, and generate Price Comparisons. It is designed to run multiple Auction events including Reverse Auctions, Forward Auctions and Sealed Bid
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