Software to Reduce Costs

Why should I use a reverse auction ? A reverse auction is a tool to be used at the right place and time. Opportunity – You are running a tender where you have good specifications and liquidity. Negotiate – You have the quotes already but you want to negotiate the best offer. Increasing your options – e-Auctions generate price compression which opens up your options. Efficiency – You can negotiate with many suppliers in just a number of minutes.

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