Auction

More and more often, purchasing companies are faced with the challenge of streamlining their processes, while improving quality at the same time.

Auctions via Newtron have proven to be a perfect negotiating tool for a wide range of negotiation scenarios, and are a key component of everyday procurement.

All auction types, from reverse auctions, to forward auctions, through to sealed bids, are supported.

Use auctions as the ideal addition to Newtron Inquiry and Call for Tenders, and determine the best
quotation for you from comparable offers.

How you benefit

  • Reduce costs by encouraging additional competition between suppliers
  • Document the (final) negotiation reliably
  • Input quickly without external help thanks to the intuitive user interface
  • Auction library: simply select the appropriate structure
  • Transfer a call for tenders into an auction directly
  • Develop the ideal auction strategy with NEWTRON Consulting