Drive Down Costs and Speed Negotiation Using Intuitive eAuction Software
ARCUS® eAUC is a powerful eAuction software module that gives procurement professionals the ability to easily manage online auctions.
This enables pre-qualified suppliers to participate in competitive eAuctions that are tailored to meet business requirements. This ultimately saves time, while unlocking true market value for supplier products and services.
With eAUC:
With ARCUS® eAUC, choose from our extensive range of auction configurations, and find the format that best fits your needs. Instead of using a generic format, available options include English Reverse, Dutch, Japanese, Price, Positional and Forward eAuctions, amongst others.
All eAuction data is stored securely in the cloud, allowing all relevant stakeholders and suppliers to access or upload information at any time.
What are the Benefits of eAuction Software?
- Fully configurable auction set-up
- Managed or self-managed eAuctions
- Auto-training functionality
- Increased scope for supplier participation
- Negotiate the best prices
- Reduced procurement cycle
Extensive Auction Formats
Select and configure your perfect auction from our extensive list of auction types and functionality choices
Live, Real-time eAuctions
Run your auction as a live event in real-time, and help control the length of your procurement cycle
Increased Negotiation Transparency
Operate transparent auctions, so you can see the prices drop in real-time.
Case study
Drax Power, who runs Europe’s biggest biomass-fuelled power station, previously managed their product auctions using spreadsheets and paper-based systems.
This meant that auctions were not configured in a standardised format and information was difficult to locate. Consequently, this led to inefficiencies within the procurement department.
They now run eAuction events using ARCUS® eAUC, leading to reduced procurement costs and improved visibility throughout the negotiation process. Drax Power now has the capacity to negotiate with more suppliers on a global scale and on a real-time basis.