Using a Reverse Auction to maximize savings
A medium sized Midwestern city wanted to maximize savings and increase competition for their public safety radio auctions and streamline auction communication. FlexRFP™ with a Reverse Auction was the way to timely savings.
Vendors competed for business in real time
Auction lasted just over 30 minutes
Fully transparent audit trail
No IT involvement necessary
Communication function (like instant messaging) was used in real time, allowing suppliers to ask questions and get answers during the auction.