Auction Script

A reverse auction script is similar to a unique bid auction as the basic principle remains the same; however, a unique bid auction follows the traditional auction format more closely as each bid is kept confidential and one clear winner is defined after the auction finishes.

The buyer may award the contract to the seller who bid the lowest price. Or, a buyer may award contracts to suppliers who bid higher prices depending on the buyer’s specific needs with regard to quality, lead-time, capacity, or other value-adding capabilities.

UniqueScriptz, presents different kinds of Reverse Auction Software for any types of business and can customize it further as per business need.