Negotiate the best price quickly, with eAuctions

Stop wasting hours (or days, weeks, month) going back and forth negotiating with suppliers. You can save time and money by running an eAuction. Pick a date and time - the place is DeepStream - and invite your suppliers to compete for your business online, in real-time

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Pre-Qualify Your Suppliers

Make sure the suppliers you're inviting can meet your needs - using our RFx technology

Supplier Rankings

Show suppliers where they rank in the eAuction to create a competitive environment

Minimum Reduction

Control how much suppliers can reduce their bids by and ensure your eAuction remains competitive

Transparent Awarding Principles

Increase supplier satisfaction and drive engagement

Pre-Bids

Allow suppliers to submit pre-bids so you can understand the range of opening offers

Auto-Extending Deadline

Account for last minute bids and remove the risk for sniping

Trusted by procurement professionals globally

Create a competitive environment

Besides the obvious time savings you can make - eAuctions can help to drive down your costs. Due to the transparent nature of the process - suppliers offer what they truly are willing to provide their product or service for so your business can hit spend reduction goals

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Improve your supplier relationships

eAuctions are valuable events for your suppliers to participate in too. It can give them insightful information on how their competition places themselves in the market - they can get meaningful takeaways based upon whether they’re winning or losing, and how much by. Plus, who doesn’t love saving some time off emailing (not us!)

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Built with eAuctions strategy at its core

DeepStream’s eAuction tool has been built with eAuction strategy at its core. Our settings are built to ensure buyers consider all aspects important to running a successful eAuction and the interface is easy to navigate, which drives high supplier engagement.

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Jacob Gorm Larsen
Author of "A Practical Guide to
E-Auctions For Procurement"

“DeepStream is already well known for setting the gold standard when it comes to usability for RFX solutions. Their clients will quickly achieve great results and cost savings with the eAuction module.”

Get Instant Access

Not looking to commit to a plan on a licensed basis? DeepStream also offers Instant Access, which is our ‘Pay as you Request’ plan, and - as the name suggests - allows your business to get verified and be provided with Instant Access to the platform to start creating and issuing sourcing events (and more) - with no fixed monthly fee.

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Pricing and Plans