How BestAuction Works
We serve as a procurement platform between buyer and supplier, hosting public auctions and facilitating the best bids for goods and services.
We do not sell or deliver any items.
Input Your Business Needs
Describe what you need and how you need it – delivery dates and locations, specific criteria, inventory, and more.
Define Selection Criteria
What defines a winning bid? Lowest price? Fastest delivery? Import your parameters and let our system do the rest.
Invite Candidates to Send Proposals
Invite private bidders, BestAuction users, or make your eAuction public to world-wide suppliers. BestAuction automates requirements, deadline reminders, and more.
Proposals Collected and Instantly Evaluated
BestAuction hosts an RFP period for bidders to submit their proposals to the auction room. If they pass the evaluation, they continue to real-time eAuction.
Run Your Online Reverse Auction
The reverse auction creates a dynamic and competitive space allowing suppliers to adjust their bids in real-time, updating you at every stage of the auction.
Discover The Best Supplier!
At the end of the eAuction, you receive a detailed, transparent overview that gives you complete purchasing confidence. BestAuction expedites buyer/seller communication to efficiently reduced procurement timelines.