Key benefits
Benefits of using eAuctions
Online auctions are an ideal way for businesses to reduce purchasing costs and streamline procurement from suppliers around the world. Go Procure aims to save customers between 5% and 35% on procurement spend compared with traditional sourcing methods.
Reverse auction benefits
Host benefits
Save money:
- The competitive auction environment facilitates cost reduction and improves your profit margin.
- Typically we aim to save our customers 15% on procurement spend.
Save time:
- Eliminate time spent explaining requirements to various suppliers, waiting for them to respond and collating the results.
- Streamline the purchasing process by compressing the bidding cycle to hours, allowing you reduce paperwork.
Expand supplier network:
- Access local, national and global suppliers.
- Make your auction visible on our public listing. Simply approve the suppliers you want to bid.
Bidder benefits
Uncover B2B sales opportunities:
- Become a member and search all public auction listings.
- Grow your customer base and enter new markets.
Compete in a fair environment:
- Go Procure reverse auctions are unbiased and transparent.
- Get clearer understanding of the market price so you can compete more effectively for the business.
- Submit multiple revised bids, unlike the traditional tender process
Bid quickly and easily:
- Save time and simplify your sales negotiations.
- View the requirement, clarify questions and win the business.
- Use our specific tools to ensure bidder profitability is protected and there is equal opportunity to place a bid.
Forward auction benefits
Host benefits
Maximize profits:
- Buyers bid against each other for your equipment, materials and services, driving up demand and price.
- eAuctions are also an ideal way to liquidate assets or sell excess stock.
Develop a new sales channel:
- Use the Go Procure network to reach new markets and expand your sales opportunities.
Reduce effort:
- One auction event and multiple buyers means you can sell your goods efficiently at the best price.
Bidder benefits
Hassle free sourcing:
- Access to a wide range of suppliers.
- Lot details are clearly listed so you just search for the goods and services you need and place bids online.
Value for money:
- See what other bidders are offering.
- Get a clear understanding of the market price and pay the true value of the goods.
Rapid negotiation:
- The online environment makes it easy for you to bid interactively.
- Doing business via eAuction can reduce the price negotiation time from days to hours.
Special Offer
During our launch period we are offering free eAuction hosting so you can try out our service. There is no catch, see our Special Offer page for information.
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More benefits
Complete eAuction solution
Go Procure is simple to use - in one system you can bid or host, to buy and sell. Organisations can create multiple user accounts - making Go Procure a truly enterprise level solution.
Low risk, high return on investment
There is no expensive licensing fee to lock you in and only a small upfront charge. Go Procure's pay-as-you-go fee structure is based directly on the savings we make for you.
Get Started Quickly
Go Procure doesn't use any special installed hardware or software. The solution is flexible and simple to use - no training is required, so your organisation can benefit immediately.
Reliable support & expertise
Our technical and eSourcing experts are always available to answer questions and we can provide tailored support to meet your requirements.
Affordable hosting, free bidding
eAuctions can now be hosted by every size of organisation, not just multinationals with large IT budgets.
Free advertising
Use the free B2B directory to advertise to buyers and grow your business network.
Secure & robust technology
Our eAuction solutions use the latest security measures to keep your confidential information safe. Hosts and bidders can do business in a fair and mutually beneficial environment.