This is a temporary site for Procure.az. Official site: procure.az

Lower purchase prices with a reverse auction

Lower purchase prices with a reverse auction — a practical approach with the Procure.az e-procurement platform.

The country’s largest companies trust us with their procurement

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

Reduce procurement costs through real-time competitive bidding

Procure.az provides a comprehensive digital environment designed for procurement leads and category managers to drive down purchase prices through a specialized real-time auction module. By transitioning from static, traditional bidding to dynamic reverse auctions, buying organisations can leverage transparent competition to secure more favorable commercial terms. Developed by Smart Solutions Group, the platform integrates these high-pressure bidding capabilities into a broader e-sourcing ecosystem that manages the entire procurement lifecycle, from initial supplier identification through to final contract awarding. The system is engineered to replace fragmented manual workflows with a unified digital process, ensuring that every stage of sourcing is documented and controlled. By utilizing a modular architecture, the platform is configured to align with the specific internal processes of the buying organisation, allowing for a seamless transition to automated sourcing. This approach not only enhances efficiency but also ensures that the competitive tension created during auctions is captured and recorded for full auditability.

Operational advantages for procurement teams

Lower purchase prices achieved through real-time competitive bidding and dynamic price discovery

Enhanced transparency and fairness by ensuring every bid is system-recorded

Full auditability and compliance as selection criteria are applied uniformly to all offers

Accelerated procurement cycles through fully automated pre-qualification and sourcing processes

Increased flexibility via a modular architecture configured to the organisation's own internal processes

Reliable operational continuity supported by 8/5 in-house customer care and support

Tools for controlled price discovery

Real-time auction module

A dedicated environment where suppliers compete in real-time to provide the most competitive pricing.

Multiple auction formats

Support for various auction structures to suit different category requirements and procurement strategies.

Modular architecture

A system configured to align with the buying organisation’s specific internal processes.

Automated pre-qualification

Ensures only qualified suppliers enter the auction phase, maintaining supplier quality.

The reverse auction workflow

  1. Identify and pre-qualify potential suppliers using automated sourcing tools.
  2. Configure the auction parameters and format based on the specific category needs.
  3. Invite qualified suppliers to participate in the real-time bidding event.
  4. Monitor live bids as suppliers compete to lower their prices.
  5. Award the contract based on system-recorded bids and uniform selection criteria.

Frequently asked questions

How does the platform ensure the integrity and fairness of the auction?

The platform ensures integrity by system-recording every bid and offer. This creates an immutable trail that allows selection criteria to be applied uniformly across all participants, eliminating manual bias.

Can the system be tailored to fit our existing internal procurement workflows?

Yes. Procure.az utilizes a modular architecture specifically designed to be configured to the buying organisation’s own unique processes and rules.

What level of technical assistance is provided during the sourcing process?

Users have access to 8/5 in-house customer care and support to ensure the platform and auction modules operate smoothly.

Which types of organisations have successfully implemented this platform?

The platform is used by several large Azerbaijani enterprises, including the SOCAR group, the PASHA group, Kapital Bank, and Azəriqaz.

Does the platform support different types of bidding strategies?

Yes, the system includes a real-time auction module that supports multiple auction formats to accommodate different procurement strategies and category requirements.

Optimise your sourcing costs

Contact us to learn how the Procure.az auction module can integrate into your procurement lifecycle.

Request a demo

Talk this through against your own process

Fill in the short form and we’ll tailor a demo to how you buy.

Book a demo slot

All information is protected by our Privacy Policy.