Auction Management Software

Increase Your Savings Opportunities Using Reverse Auctions with MeRLIN’s eAuction Feature

Make the Best Value Purchases by Introducing Competition with Reverse eAuctions

Streamline and simplify your auction processes, save processing time, and find the best value and best price by improving competitiveness among suppliers with real-time online electronic auctions. MeRLIN’s reverse auction software is a premier software solution that manages every aspect of online auctions from creation and publication to negotiation and evaluation ensuring fast, efficient, and transparent sourcing.

Improved Cost Savings

Transparent and competitive bidding between suppliers to achieve best value for your purchases with reverse bidding events.

Streamlined Processes

Replace manual steps, cutting down on time and transaction costs through integrated eAuction software.

Faster Results

Improve supplier outreach and save time on negotiations with suppliers by combining technical evaluation and time-bound bidding.

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The Best Reverse Auction Software to Increase Savings & Improve Competition Among Suppliers

MeRLIN’s auction management system enables organizations to run live auctions with real-time bidding capabilities. Get full control over each auction event and leverage auction visibility settings to drive competitive behavior. This eSourcing software helps you consistently achieve best-value sourcing, every time.

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MeRLIN’s Procurement Auction Management Software Features

eAuction Software Built for Sourcing Teams – Drive Cost Savings & User Adoption

Easy Set Up

Create and launch reverse and forward eAuctions quickly with our intuitive interface. Meet your sourcing goals by defining requirements with configurable evaluation questions for each auction.

Supplier Outreach

Our advanced supplier outreach tool suggests participants based on quality ratings, savings history, and sourcing volume making it simple to identify the best suppliers for your sourcing auction event.

Auction Visibility Configuration

Manage auction visibility settings to increase competitiveness. Choose to display best bids, real-time bid ranks, and pricing gaps driving better engagement through our supplier negotiation platform.

Multi-Language Support

Run auctions in the language of your choice. MeRLIN supports multi-lingual auctions, catering to global procurement and sourcing teams.

Audit Logs

Stay compliance-ready with detailed audit logs tracking all activities on the auction platform.

Real-time Monitoring and Analysis

Track every bid in real time with our powerful auction dashboard. Access live price updates and in-depth analytics to make quicker, data-driven decisions during any auction event.

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Factsheet

Uncover meaningful insights from your sourcing data and trends that translates to new opportunities for savings and growth.

MeRLIN Strategic Sourcing Solution Factsheet