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Reverse auction software

A real-time auction module that supports multiple formats and ensures transparent, competitive bidding.

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SOCARSOCAR UpstreamSOCAR MidstreamSOCAR DownstreamSOCAR «Azneft» İBSOCAR «Azərkimya» İBAzəriqazKapital BankPASHA BankPASHA HoldingPASHA InsurancePAŞA Həyat

Reverse auction software built for competitive, transparent procurement

Procure.az is an e-sourcing and tendering platform built by Smart Solutions Group that covers the procurement lifecycle from supplier identification through to contract awarding in one digital system. Its reverse auction module brings real-time competitive bidding into that lifecycle, supporting multiple auction formats so buying organisations can choose the approach that best fits each sourcing event. Because every bid is system-recorded with a timestamp and supplier identity, selection criteria are applied uniformly across all participants and the outcome is fully auditable — removing the ambiguity that can arise when negotiations are managed through spreadsheets or informal channels. The platform is already used by large Azerbaijani enterprises including the SOCAR group, the PASHA group, Kapital Bank and Azəriqaz, which is presented as evidence of its suitability for complex, high-volume procurement environments.

Why procurement teams choose Procure.az for e-auctions

Real-time competitive bidding creates visible price tension across all invited suppliers simultaneously, reducing the need for manual, sequential negotiation rounds.

Every bid is system-recorded with a timestamp and supplier identity, so selection criteria are applied uniformly and the full evaluation history is available for internal governance or external audit.

Multiple auction formats give category managers the flexibility to match the event structure to the commodity or service being sourced, rather than forcing every event into a single template.

A modular architecture means auction parameters, approval steps and notification rules are configured to the buying organisation's own process, preserving existing workflows rather than overriding them.

End-to-end lifecycle coverage — from supplier identification and automated pre-qualification through to contract awarding — keeps all sourcing data in one digital system and eliminates manual handoffs between stages.

8/5 in-house customer care and support gives procurement teams direct access to people with specific knowledge of the platform, rather than a generic helpdesk.

Key capabilities of the reverse auction module

Real-time auction engine

Suppliers submit and revise bids live during the auction window, giving buyers immediate visibility of the competitive landscape as it develops and removing the delays associated with sequential offer rounds.

Multiple auction formats

The module supports multiple auction formats, allowing procurement teams to select the structure — such as open descending price or sealed-bid variants — that best suits the category and the competitive context of each sourcing event.

System-recorded bid log

Every bid is system-recorded with a timestamp and supplier identity, creating an immutable audit trail that supports internal governance requirements and any post-event review by stakeholders or auditors.

Uniform application of selection criteria

Because every offer is captured by the system rather than handled manually, selection criteria are applied uniformly across all participants, reducing the risk of inconsistent or disputed evaluations after the event closes.

Configurable to your process

The modular architecture means auction parameters, approval steps and notification rules are configured to the buying organisation's own process rather than a fixed, generic workflow, preserving the governance structures already in place.

End-to-end lifecycle coverage

The auction module connects to fully automated pre-qualification and sourcing processes within the same platform, so supplier data and event history carry through seamlessly from qualification all the way to contract awarding.

How a reverse auction runs on Procure.az

  1. The buying team configures the auction event — selecting the format, setting the schedule and defining the evaluation criteria — within the platform, aligned to the organisation's own approval workflow.
  2. Pre-qualified suppliers receive automated invitations and access the auction room through the Procure.az portal, drawing on supplier data already held in the system from the pre-qualification stage.
  3. During the live auction window, suppliers submit and revise bids in real time; all participants can see the competitive position relevant to their chosen format, creating transparent price tension throughout the event.
  4. Every bid is system-recorded automatically as it is submitted, building a complete, timestamped audit log that grows continuously throughout the event without any manual intervention.
  5. When the auction closes, the platform applies the pre-defined selection criteria uniformly across all recorded offers and surfaces the ranked results to the buying team for review and decision.
  6. The outcome feeds directly into the contract awarding stage within the same digital system, keeping the full procurement lifecycle connected and ensuring no data is lost in transition between stages.

Frequently asked questions

What auction formats does the module support?

The module supports multiple auction formats. Because the right structure depends on the category, the supplier market and the buying organisation's objectives, the account team can walk you through the available options during an initial consultation so you can match the format to your specific sourcing event.

How does the platform ensure a fair and auditable process?

Every bid is system-recorded with a timestamp and supplier identity, and selection criteria are applied uniformly across all offers rather than being assessed manually. This means the evaluation is consistent for every participant and the complete bid history is available for internal governance review or external audit at any point after the event.

Can the auction module be adapted to our internal approval workflow?

Yes. Procure.az has a modular architecture that is configured to the buying organisation's own process, so auction parameters, approval steps and notification rules can be aligned with your existing governance requirements rather than replacing them with a generic template.

Does the reverse auction tool connect to other parts of the procurement process?

It does. Procure.az covers the procurement lifecycle from supplier identification through to contract awarding in one digital system. Auction events draw on pre-qualification data already held in the platform and feed directly into downstream contracting steps, so there are no manual handoffs between stages.

Which organisations are already using Procure.az for e-auctions?

The platform is used by large Azerbaijani enterprises including the SOCAR group, the PASHA group, Kapital Bank and Azəriqaz. Their use of the platform is presented as an indication of its suitability for complex, high-volume procurement environments.

What support is available after go-live?

Procure.az provides 8/5 in-house customer care and support, staffed by a team with direct knowledge of the platform. This means your procurement team has access to people who understand the specific configuration of your environment, not a generic external helpdesk.

See the reverse auction module in action

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