Stay in control from event design to the negotiation decision.
Run classic RFx processes and multiple e-auction models with line items, lots, suppliers, timelines and commercial rules in one workspace.
OPERATIONAL DEPTH
One control standard across tender formats.
Even when the event format changes, ownership, supplier scope, documents and the decision trace stay within the same management standard.
RFx and e-auction models
Launch classic requests, reverse auctions and forward auctions with the appropriate procedure.
Item and lot matrix
Manage materials, quantities, target prices, delivery dates and cost components together.
Suppliers and questionnaires
Match participants to scope and collect required questions and documents within the event.
Negotiation rounds
Create a new round from bid outcomes, trace changes and record the next decision.
ILLUSTRATIVE SOURCING DECISION
Read price variance together with terms and delivery impact.
This illustrative review shows a commercial decision where the lowest price is not the only factor.
RFQ-2026-0284
Industrial Valve Sourcing
Evaluation brief
The lowest bid is below budget. The second supplier offers a shorter delivery time. The decision view compares total cost, delivery and bid coverage on the same basis.
Suggested next step
Open a limited negotiation round with two suppliers and reconfirm delivery commitment and total cost.
END-TO-END FLOW
Design, publish, compare and negotiate.
01
Design the event
Define the procedure, scope, commercial assumptions and timeline.
02
Invite suppliers
Validate participant scope and questionnaire, then publish the event.
03
Compare bids
Review commercial differences at item, lot and total level.
04
Advance the decision
Open a negotiation round or move selection into the authorized workflow.
Next page: Purchase Requisitions & Approvals
QUIBAS PROCUREMENT IQ