e-Auctions

With e-Auctions you can easily launch secure and transparent electronic tenders for your business. This way, you can choose the best supplier for buying products or services, or the right buyer to sell your goods and services.

Electronic tenders guaranteed by be24

e-Auctions is an electronic tendering and negotiation system available through be24, a Eurobank subsidiary. The company is active in e-commerce since 2001, and has long experience in designing and conducting electronic tenders tailored to the needs and objectives of any business.

The special Ariba software that be24 uses supports many types of electronic lowest and highest bid tenders, such as English Auction, Dutch Auction, Japanese Auction, Sealed Bid, Open Request for Bid/Quotation (RFB/RFQ) and Sealed Request for Bids/Quotation (RFB/RFQ). The software also supports purchase and sale negotiations.

All contracting parties in an electronic tender participate in special training seminars hosted by be24.

Why e-Auctions is for you

e-Auctions is addressed to businesses that want to meet their needs in strategic or non-strategic products and services, at the lowest cost. It is also addressed to businesses that want to have an additional channel for marketing their products and services, or even for liquidating their assets. There are no restrictions in the product and service categories that can be the object of an electronic tender.

How it works

With e-Auctions, a business can launch a tender either to buy products and services from the most competitive supplier or sell its own goods and services to the best buyer.

There is zero investment cost involved for infrastructure, as e-Auctions is based on a Software as a Service (SaaS) model. You only need to have online workstations at your business.

The electronic tenders are conducted in minimal time, through a single access point for organisers and participants. They cover local and international markets. Results to date point to 15%-45% savings in relation to negotiated pricing, depending on the nature of the product or service that is the object of the electronic tender.

What you gain

Minimised operating costs and optimum purchase or sale prices, in the shortest possible negotiation time.
Simple, secure and transparent real-time online execution of commercial transactions that gives value to your business and has a positive effect on profitability.