Drive Smarter Procurement with eAuction
Move beyond traditional procurement methods and unlock smarter savings, faster decisions, and true price transparency, all in one platform.
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Run better auctions with
Dynamic Auction Controls
Powerful reverse auction engine with advanced controls like auto extension, bid decrement, rank visibility, and loading factors.
Smart Alerts & Notifications
Real-time alerts to keep buyers and suppliers informed of every key auction update.
Reporting & Insights
Get actionable insights with post-auction reports, audit trails, and customizable dashboards.
Integrations & Usability
Seamlessly integrate with ERP systems and enable multi-user access, role control, and approval workflows.
Security & Support
Enterprise-grade security with ISO-certified infrastructure, end-to-end encryption, and 24x7 onboarding assistance.
40% Reduction in Sourcing Costs Unlock significant savings through competitive real-time bidding. | 30% Faster Procurement Cycles Accelerate sourcing from RFQ to award with streamlined auctions. |
2X Faster Supplier Shortlisting Identify and onboard the best suppliers in half the time. | 95% Auctions Beat Initial Price Benchmarks Drive smarter, more confident buying decisions backed by real data. |
eAuction Platform
Trusted by industry experts
Preferred by enterprises
Ready to transform how your team procures?
Discover how our eAuction platform streamlines RFQ-to-award, reduces manual follow-ups, and delivers real-time price intelligence.
See how our solution bring an ease to the customer experience.
How it works
Setup Auction
Quickly define auction details such as product, pricing, and delivery terms.
Invite Bidders
Reach out to a wide range of suppliers, all competing in real time.
Monitor Bidding
Track live bids and evaluate them based on price, quality, and delivery timelines.
Close and Evaluate
Review the results and make data-driven decisions for your procurement needs.
Award Contract
Finalize the process by awarding the contract to the most competitive supplier.
Why Choose Moglix eAuction?
Enterprise-Ready Integrations
Seamlessly integrate with major ERPs and procurement systems to ensure a unified, efficient workflow — no disruption, no data silos.
Built-In Compliance and Auditability
Every auction maintains an automated digital trail — ensuring full audit-readiness, transparency, and governance compliance.
Secure, Scalable, and Cloud-Native
Your data is protected with TLS encryption, and the platform is built for global scalability with cloud-hosting options.
Dedicated Supplier Onboarding Support
Let our experts handle vendor onboarding from the backend — so you focus on strategy, not operations.
Flexible Auction Models
Run Open or Limited auctions based on your sourcing strategy — complete control, from tactical buys to strategic sourcing.
Our reverse auction models
English Auction
Suppliers submit progressively lower bids until a winner is determined, with all participants aware of the current lowest bid.
Dutch Reverse Auction
The auction starts at a high price that drops incrementally until a supplier accepts the current offer, securing the contract.
Book a DemoJapanese Reverse Auction
All suppliers must accept each successive price drop to stay in the auction. The bidding continues until only one supplier remains.
Book a DemoRank-Based Reverse Auction
Suppliers see only their rank instead of actual prices, encouraging competitive bidding without revealing market rates.
Book a DemoHybrid Reverse Auction
A flexible format combining reverse auctions with traditional negotiation or multi-round bidding methods.
Book a Demo
Don’t take our word!
Read the real stories..
Onboarding a new supplier and closing the deal in one day? That’s the Moglix eAuction edge.
— Fast Electricals Ltd.
We saved over ₹1.6L in a single event. The process was quick, competitive, and completely transparent.
— Auto Components Group
Frequently asked questions
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