Teckraft Clients

Features

Flexible Controls

Set your own rules to run auctions the way you want them. Use different features of Rule Settings to achieve the best results.

  • Bidding Transparency Options
  • Bidding Rules
  • Prequalifiers
  • Time Management and Extensions
  • Preparatory Activities and Prebids
  • Bid Revision Strategies
  • Tie Bids, Lead Bid Protection, and Bid Revision Spread
microsoft
microsoft

Flexible Controls

Set your own rules to run auctions the way you want them.

Use different features of Rule Settings to achieve the best results.

  • Bidding Transparency Options
  • Bidding Rules
  • Prequalifiers
  • Time Management and Extensions
  • Preparatory Activities and Prebids
  • Bid Revision Strategies
  • Tie Bids, Lead Bid Protection, and Bid Revision Spread
Refine Rules During Ongoing Auctions description

Lead Bid Protection

Let your bidder Bid with confidence on Cimmra Auctions - our automated timeline extensions safeguard the lead bidder, preventing last-minute outbidding. Cimmra Auctions ensures fair play by extending the timeline automatically, protecting the lead bidder from sudden upsets. At Cimmra Auctions, we prioritize fairness. Our advanced system includes automated timeline extensions, empowering the lead bidder to secure their position without fear of being outbid at the last moment.

Proxy Bidding by Buyer

A feature that allows a Supplier to continue bidding even while they are offline. Cimmra Auctions allows the Supplier to maintain bid participation even in the event of a technical failure by requesting the Buyer to bid on their behalf using the resilient Proxy feature. The Buyer can place bids as asked, and the Supplier's involvement can continue without interfering with the bidding of the remaining participants, all while being documented in logs and reports.

microsoft
microsoft

Proxy Bidding by Buyer

A feature that allows a Supplier to continue bidding even while they are offline. Cimmra Auctions allows the Supplier to maintain bid participation even in the event of a technical failure by requesting the Buyer to bid on their behalf using the resilient Proxy feature. The Buyer can place bids as asked, and the Supplier's involvement can continue without interfering with the bidding of the remaining participants, all while being documented in logs and reports.

universal in nature

Universal in Nature

Worldwide by Nature Supports The default currency for an auction with multiple time zones. Choose a time zone for your auction that corresponds to the location of your bidders. For specific items in the same auction, select a different currency if needed.

  • Choice of Time Zones
  • Various Currencies

Various Auction Methods and Types

Select from a range of internationally recognized auction methodologies for both procurement and disposition.

Various Auction Methods and Types
Various Auction Methods and Types

Various Auction Methods and Types

Select from a range of internationally recognized auction methodologies for both procurement and disposition.

The Quickest and Most Secure Online Auction Platform

Cost Reduction

Cutting procurement costs has always been a top priority for top leadership since every dollar saved on purchasing cost boosts the bottom line.

Process Efficiency

There won't be any more talks that involve several rounds of bidding, paperwork, emails, phone calls, or faxes.

Time-Saving

For the buyer, eAuctions offer real-time statistical data, instant evaluations of alternative supplier options, and the savings over the benchmark.

Multi-Currency SupportĀ 

On the Cimmra eInvocing and AP Management platform, support for several currencies and international invoicing are provided.

Constant Visibility

View the current live auctions on your smartphone or browser dashboard. We strive for maximum transparency in the sourcing process.

Ease of Use

With Cross-Platform Continuity, There Are Several Simple Options to Quickly Create and Float Auctions of Any Approach and Type.

Seamless Integrations with any ERP

Connect Cimmra with your organization's ERP and keep things synchronised.

seamless integration

Why Us

Trusted by Industry Leaders of the Procurement World

We specialize in delivering the best procurement solutions to our clients. We understand that procurement is a critical aspect of any business, and that's why we provide top-notch software that helps streamline the procurement process, saving our clients time and money.

3,50,000+

Invoice Managed

1,800+cr

Spend Managed

3,00,000+

Suppliers Registered

10+

Industries

3,50,000+

Invoice Managed

1,800+cr

Spend Managed

3,00,000+

Suppliers Registered

10+

Industries

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