Reverse Auction is a unique feature that is commonly found in procurement software which enables users to obtain goods or services from a pool of suppliers at a significantly reduced cost. Unlike traditional auctions, where the highest bidder wins, in a reverse auction, the lowest bidder gets the chance to supply the goods or services to the buyer. This bidding process creates a competitive environment, forcing suppliers to offer their best prices in order to secure the deal. The process of a reverse auction is simple and efficient. The buyer posts
Product | Free Trial | Starting Price | Spot Score | Rating | Actions |
---|---|---|---|---|---|
Auctria | $300, | 9.8 | 4.8 | Visit Website | |
BiddingOwl.com | - | 9.1 | 4.6 | Visit Website | |
Auction Software | $29.99, | 9.1 | 4.2 | Visit Website | |
Maxanet | $100, | 8.5 | 4.5 | Visit Website | |
AuctionWorx Enterprise | - | 8.4 | 4.9 | Visit Website | |
Easy.Auction | $29, | 8.4 | 2.6 | Visit Website | |
Auction Mobility | - | 8.3 | 4.6 | Visit Website | |
BidJS | - | 8.3 | 4.3 | Visit Website | |
Auction-Experts | - | 8.1 | 4.2 | Visit Website | |
Webtron Online Auction | - | 8.1 | - | Visit Website | |
Atreus | $415.80, Billed Yearly | 7.9 | - | Visit Website | |
Bideg | $283.30, Billed Yearly | 7.9 | 4.8 | Visit Website | |
Merkeleon | - | 7.9 | 4.9 | Visit Website | |
My Auction Software | - | 7.7 | 4 | Visit Website | |
Wavebid | - | 7.6 | 4.5 | Visit Website |