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Reverse Auction Tiger Negotiation, Simplified.. Table of content About abcProcure Competitive Advantages of abcProcure abcProcure Credentials abcProcure.

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Presentation on theme: "Reverse Auction Tiger Negotiation, Simplified.. Table of content About abcProcure Competitive Advantages of abcProcure abcProcure Credentials abcProcure."— Presentation transcript:

1 Reverse Auction Tiger Negotiation, Simplified.

2 Table of content About abcProcure Competitive Advantages of abcProcure abcProcure Credentials abcProcure – The complete Procurement Suite Reverse Auction Tiger Key Features of Reverse Auction Tiger Variants Supported by Reverse Auction Tiger Global Procurement Guidelines Supported Partial Government & Private Sector Customers List Flexible Pricing Model for Reverse Auction Tiger

3 About us – eProcurement Technologies Ltd. ETL is a company that’s focused on offering an end to end eProcurement solutions under the brand - abcProcure ETL is an ISO 27001, ISO 9001 certified company which has enabled eProcurement in tune to Billions of Dollars ETL is backed by an experienced team of 300+ professional spread across the Globe with HQ in Ahmedabad, Gujarat, India. ETL’s eProcurement solutions are economical & yet it has managed to remain profitable since its inception i.e ETL strongly advocates the use of Free & Open source Technology like Java / MySQL / Linux for lower TOC.

4 Our Competitive Advantages Successfully enabled 100,000 eTenders, RA, RFQ worth Trillions of Dollars till date Total compliance of MDB, World Bank, CVC, IT ACT 2000, Cert.in, & other guidelines Developed using Free & Open Source tools like Linux, MySQL, Java. & hence very economical Tamper proof security -PKI which is at par with that of nuclear installations across the world. Integrated Global Marketplace with Supplies base in excess of 1 Million users- TenderTiger.com Dynamic Form engine that allows making forms on the fly or integrating excels sheets on click.

5 Our Credentials Government of Bangladesh Developed an end to end customized eTendering Application with Integrated Contract Management System 5000 Procuring Entities are expected to use the system 100,000 Supplier are expected to use the system GoB has purchased license of our eProcurement software Government of AP, India 40,000 eTenders from across the states are enabled yearly worth billions of dollars on eprocurement.gov.in 50,000+ Suppliers use the platform on regular basis Government Officers use the Platform GoAP has adopted eProcurement on SAAS model

6 Reverse Auction Credentials Successfully enabled RA in range of US$ Million eachwork Conducted RA that lasted for just 10 minutes & max 72 Hours Enabled RA comprising of 1 item to complex RA with Line Items Managed Global RA, supporting multiple currencies All variants of RA are supported – Standard, Rank, Dutch, etc. Managed multiple staggered eAuctions, with each RA automatically starting after the first one is concluded Enabled transportation contracts for 500+ Locations, 100+ Transporters & dozen odd truck load sizes & specifications

7 abcProcure Procurement Suite Spend Tiger Tendering Tiger RFX Tiger Reverse Auction Tiger Auction Tiger Catalogue Tiger Contract Tiger Supplier Tiger abcProcure Procurement Suite Reverse Auction Tiger

8 Catalogue Tiger for Managing Framework Contracts Form Engine Configure Biz Rules Pre Qualify Bidders Map / Notify Bidders Bidder Bidding Screen Buyer Dashboard Auction Results Auction Reports Reverse Auction Tiger

9 Feature Packed Reverse Auction Engine abcProcure RA engine is power packed with 150+ Functionalities to help you negotiate all types of purchases with same ease. Some of the features are listed below; - Multiple Currencies - Multiple Line Items - ICB / NCB Auction - Staggered Auctions - Open/Closed Auction - Few/Unlimited Extensions - Fixed/Variable decrement - Bidder Messaging tools - Auto Bidding - Proxy Bidding - Bidders Name Masking - Pause Live Auction - Block select Bidder - Undo Bidder last bid - L1 on basis of Unit Rate - L1 on basis of Gross Rate

10 Reverse Auction Variants Supported Standard Auction In this auction bidders get to see current lowest price available in the system which they have to outbid. Rank Auction In this auction, bidder gets to see his rank as per his last bid, and he has to quote lower price to become L1 Preferential Auction In this auction bidders bid is factored by system, by % preference defined by Buyer for his credentials. Dutch Auction In this auction, system identifies list of Lowest Suppliers who can fulfill buyer’s total requirement.

11 Procurement Guidelines Supported We are an IS & IS Certified Company, a mandatory requirement as per MDB guidelines to ensure Information Security Management System (ISMS) Information Technology Act, 2000 of Govt. of India for ensuring legality of Reverse Auction transactions & contract executed online on Product is certified by cert.in approved security consultants for compliance of Central Vigilance Commission (CVC) guidelines on Reverse Auction & compliance to IT ACT

12 Security Features ISO Our data center as well as our office is ISO certified to ensure 100% Information Security. Digital Certificates We offers both PKI & non PKI based product to meet Government norms & required legal compliances. SSL All transactions are routed through SSL layer such that data in transit can never be hacked or manipulated. Audit Trail All valid & invalid bids, access attempts are stored in database for audit trail & security purposes

13 RA can be integrated with following modules eTendering Tiger If you wish to do RA post inviting a public Tender – 2 envelopes, than this module will come in handy. RFX Tiger It will help you discover the current market price, so that start price you set is one that is mutually acceptable. Contract Tiger Post negotiation, contract can be tracked, managed using integrated Contract Management System ePayment Gateway This can be integrated to collect participation fee, deposit from Bidders as required.

14 Flexible Pricing Model Pay/Event You only pay a small fee every time you use Reverse Auction Engine, without any long term commitment. Project Procurement You can manage your entire project procurement by paying us fixed % of project cost, which is less than 1% Fixed Fee/Annum If you wish to do 100 or more events in a year, than opt for this option which economical in long run. Software License Sale If you wish to automate your entire procurement – all contracts, than you should opt for this model.

15 Dedicated sub domain for you You will get your own dedicated sub domain name where your RA will be floated You will get your own custom designed design template in line with your corporate identity

16 Market Making / Supplier Market Place TenderTiger.com – the Supplier Market place that –Tracks 1 Million Tenders/Yr –5 Lakh+ Suppliers Listed 50K + Suppliers are trained on our procurement engine Services Offered –Supplier Pre Qualification –Supplier Post Qualification –Fund Management

17 Partial Customer List – Government Sector abcProcure works with 100+ Government organisations which Included Federal/Central Government, Public Sector Undertakings, State Government & Autonomous bodies. State Bank of India Bank of Baroda Bank of India Canara Bank IDBI Bank Indian Bank Union Bank …& many more Balmer Lawrie & Co Ltd Bharat Dynamics Limited Bharat Petroleum Corp. Ltd. Bharat Heavy Electricals Ltd. Container Corp. of India Ltd. Kudremukh Iron Ore Co. Ltd. National Textile Corp. Ltd. Nuclear Power Corp.

18 Partial Customer List – Private Sector abcProcure is the preferred Reverse Auctioneer for Private sector companies as it guarantees savings. More than 100+ Companies use our platform, few are listed below; - Acme Tele Power Ltd. - ICICI Group - Bank of Rajasthan Ltd. - Britinnia Industries - Delhi International Airport - Doshion Veolia - ESSAR Group - Gujarat Gas Co. Ltd. - Nilon's Enterprises Pvt. - Noida Power Co. Ltd. - Reliance Capital Ltd. - RPG Cables Ltd. - Siemens Ltd. - Sterlite Technologies Ltd. -Tower Vision (I) Pvt. Ltd. - Zydus Cadila Healthcare

19 Sectors where we have deployed RA abcProcure RA engine has been deployed in all types of Industry covering Goods, Works & Service sectors as more than Products have been successfully enabled. - Agro Products - Automobile - Aviation - Banking / Financial - Construction - Consultancy - Defense Units - - Electricity / Power Supply - Electronics - Heavy Engineering - Health Sector - Food Products - Information Technology -Infrastructure Projects - many more…

20 Thanks Get in touch with us: e-Procurement Technologies Limited, India. Speak to Miss. Bhumisha Vasani Mr. Suraj Nair us Visit or


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