"Reverse auction software features that makes it easier, transparency for business to start saving money and manage time on buying activity."

Forward Auction Software System

Benefits of EnavAuction for the Supplier

EnavAuction not only benefits the buyers, it also proves to be a great asset to the suppliers as well. With EnavAuction, the vendors can participate in online auctions held across the world and ensure that they never miss out on a promising opportunity.

Forward Auction System Feature

  • Since the process is conducted online, the suppliers can request for more information and receive it faster. This can be beneficial in making quicker business decisions.
  • EnavAuction allows the supplier to be more upfront in their planning, thereby increasing the chances of landing the contract.
  • Auction lets the suppliers know where they stand in terms of market position and pricing with immediate feedback. This can enable them to make adjustments if they choose.
  • EnavAuction provides complete transparency in the bidding process, eliminating the risk of fraud.
  • It allows the vendors to obtain new clients while still catering effectively to the existing customer.
  • It promotes better communication between the buyer and supplier, reducing the chances of miscommunication.

EnavAuction greatly contributes to the growth of the resources in the company through forward auction.

  • Since the price is decided by the buyers and not the seller, the supplier is ensured that he will obtain the best price for the product
  • The product is guaranteed to sell
  • It greatly reduces time to negotiate
  • The product is bound to be sold at a greater profit than what the supplier anticipated.
  • The software completely eliminates fraudulent transaction