Electronic auctions, or 'eAuctions' offer public sector buyers the opportunity to maximise leverage from procurement negotiations by conducting activities online and in a transparent manner.
Buying Solutions operates a contract with a leading supplier who offers a hosted, fully managed eAuction service to the public sector.
In choosing to run an eAuction through these arrangements, customers eliminate investment start-up costs and secure access to all of the critical components required to run a successful eAuction.
Organisations wishing to maximise their negotiating potential should consider eAuctions. Customer reported benefits include:
- Savings over traditional means of negotiation. This is the primary benefit
- A full audit trail for negotiations
- Process efficiencies