Unit4 eAuction Software by Scanmarket
Achieve better negotiation outcomes with eAuction software that drives real supplier competition. Replace weeks of back-and-forth with structured online auctions that take hours, not weeks.
Increase supplier competitiveness
Unit4 eAuction customers report efficiency gains of up to 60%, cost savings averaging 12% across categories compared to traditional procurement negotiations, and more time-sensitive pricing from suppliers.
Whether you're exploring reverse auction software or looking for a complete procurement auction platform, these results show what structured online bidding can deliver.
Watch our demo video to see the benefits for yourself.
Key capabilities
Create conditions for better deals...
...with transparent processes and an intuitive experience for both buyers and suppliers that optimizes TCO and decision making, all backed with expert support. The platform gives you full control over auction parameters so you can tailor each event to your sourcing strategy.
Negotiate with more suppliers in a structured process...
...through a structured reverse auction process that removes the need for individual discussions. Transparent bidding makes it easier to compare like for like and increases your chances of reaching a fair market price.
Conduct weeks’ worth of negotiating in hours...
...by replacing three to four weeks of supplier discussions with a single, one-hour online auction that's truly efficient for all stakeholders.
Let our customers’ success inspire you
Creating value at every stage of
the sourcing process
Find out how Unit4 helped Jabil implement a transparent, scalable, and cost-effective sourcing mechanism to enhance day-to-day operations and long-term strategic goals.
There is no doubt that not only has eSourcing helped us to select the best suppliers, it has also resulted in significant savings and better market transparency. When you take a look at the overall result, I can say for sure that I would never have obtained savings as large as these in a traditional face-to-face negotiation.
Jeppe K. Pedersen
Category Manager at Grundfos A/S Strategic Purchase
Savings as simple as they should be
Savings snapshot:
Recruiting
Learn how one of our customers generated savings of 62% in recruiting with Unit4 eAuction, amounting to £744,000 saved every year.
Savings snapshot:
Public sector
Find out how one of our customers achieved 33% savings by improving service and delivery options with Unit4 eAuction.
Savings snapshot:
Transportation
Discover how one of our Air and Sea Freight customers saves more than $1 million (*22.54%) with four list e-auctions.
Frequently asked questions
about eAuction software
What is eAuction software?
eAuction software is a digital procurement tool that lets organizations run real-time, competitive bidding events with suppliers online. Instead of lengthy individual negotiations, buyers set the terms and suppliers bid against each other within a structured process. This helps procurement teams reach genuine market value for goods and services in a fraction of the time traditional approaches require.
How does reverse auction software work?
In a reverse auction, suppliers compete by submitting progressively lower bids for your contract. You define the parameters and set the rules, then suppliers bid within a fixed time window. The competitive, transparent format drives pricing toward true market value while giving every supplier a fair opportunity to win the business.
What kind of savings can procurement auction software deliver?
Unit4 eAuction customers report average cost savings of 12% across categories compared to traditional procurement negotiations. Results vary by category and market conditions: some customers have achieved savings above 60% in recruiting and over 22% in transportation logistics.
How much time does an online auction save compared to traditional negotiation?
A typical eAuction replaces three to four weeks of back-and-forth supplier discussions with a single event lasting roughly one hour. Unit4 eAuction customers report efficiency gains of up to 60% compared to conventional negotiation processes, freeing procurement teams to focus on strategic sourcing activities.
Can eAuction software integrate with existing procurement systems?
Unit4 eAuction is part of the broader Unit4 Source-to-Contract suite by Scanmarket. It connects with sourcing, contract management, and supplier management modules, so your auction data feeds directly into your wider procurement workflow without manual re-entry.