FUTURA
eAuction
Monitor

Create auctions with 
predefined prices

The challenge

Convert quotations into electronic negotiations via auction or create stand-alone auctions with predefined prices.

The solution

Convert a request for quotation into an auction after the submission deadline – either with selected suppliers or with all suppliers. Quotations are incorporated into the auction as individual starting prices. Optionally, suppliers can see their ranking. Awarding goes to the lowest bid.

The advantages

Greater savings in procurement costs by taking advantage of the competitive situation. Use of a goal-oriented negotiation strategy by choosing the right auction type and variant (open or English auction, best-price auction, Japanese auction or English-ticker auction, Dutch auction).