Reverse eAuctions

Save time and money with Reverse eAuction

Engage in a competitive environment, discover savings, streamline activities and generate Event summaries with our extensive Reverse eAuction services.

Why eAuction with us

Easy to Use

Smart user interface allows you to easily set up anything from a simple eAuction to complex Events.

World Class Support

Live chat, phone and email assistance - we offer exceptional assistance and ensure that eAuctions run in a smooth manner.

Transparency

Benefit from our straightforward eAuction process and transparent pricing packages.

Online Hosting

Online access though web browser eliminates the need for installation of software.

Quick Links

Contact Us

+91 73388 96912

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Benefits for GOPROC Bidders:

  • Dedicated Login & Dashboard with detailed display of eAuctions and eTenders support tools.
  • Create eProfile and edit it anytime ensuring high visibility to Events Authority (Auctioneers or Tendering Authorities).
  • Display yourself as an Indian SME to avail special benefits from Events Authority (Auctioneer or Tendering Authority).
  • Stay informed of upcoming Events (eAuctions and eTenders) & easily participate in them.
  • Maintain detailed reports of all Events (eAuctions and eTenders) participated by you.
  • Avail continuous online support for utilization of your GOPROC Bidder Dashboard.
Bidder-Benefits
Auctioneer-Authority-Benefits

Benefits for GOPROC Events Authority (Tendering Authority)

  • Integrate Events Authority’s (Auctioneer or Tendering Authority) own Bidder pool or the GOPROC Bidder Pool.
  • Fully Supported Events (eAuctions and eTenders) assure hassle free end-to-end event management (pre & post-Event).
  • Transparent environment with detailed reports and audit trails of events conducted.
  • Affordable costs per event to value gained.
  • Detailed Dashboard to view, select and identify Bidder segments.
  • Option to select Indian SMEs for Events (eAuction or eTender), in a bid to support them develop their capital assets.
  • Continued Support during Event (eAuction or eTender) duration.

Forward eAuction vs Reverse eAuction

Forward eAuction

  • Bidders are the Buyers
  • Auctioneer is the Seller
  • Used to sell or dispose goods
  • Highest bid wins
  • Dispose or sell excess goods, unused goods, scrap, used vehicles and equipment

Reverse eAuction

  • Bidders are the Sellers
  • Auctioneer is the Buyer
  • Used to buy supplies or services
  • Lowest bid wins
  • Procure or buy raw materials, supplies and services like construction, accounting and more