eAuction Engine is a facility that allows Suppliers to dynamically out-bid their competitors within a time-frame specified by a Buying Agency. eAuction Engine contains facilities for both buying (Reverse Auction) and selling (Forward Auction) of goods, works and services. Both the Auction types shall allow Suppliers to participate in the bidding activity as anonymous actors. This Suite can help create, conduct and manage Auctions of various types such as Forward and Reverse with Ties and No Ties.

Supported eAuctions

  • Reserve Price Reverse Auction
  • Dutch Auction
  • Yankee Auction
  • Sealed Bid Auction
  • English Auction