Launching a Reverse Auction
Regardless of its complexity, each auction goes through 4 phases:
- Creation – the process of configuring the event to be published and made available for the identified suppliers
- Publishing – inviting the suppliers to bid
- Monitoring – closely surveying the event, ensuring supplier attendance, quoting, and deadline adherence
- Closing- centralizing offers, distribution to interested parties, and evaluation of the most advantageous offer.
In order to better understand how these steps are happening within Prokuria, we have prepared a video that provides an overview of the process.
Are you stuck somewhere? Don’t worry, we’re here for you.
Drop us a mail at support@prokuria.com and we’ll get back to you.