What is the Negotiate module?



What is the Negotiate module?  

The module that executes all negotiations between buyers and suppliers, organizing the sourcing processes:

Information requests;
Quotes;
Proposals;
Auctions realizations.

In Negotiation you can:

- Forward requests for information, quotations and proposals to the market.
- Configure pre-established and flexible response fields;
- Select approved partners from your private network and/or use the Public RFQ.
- Attach documents or define other information regarding commercial conditions;
- Analyze participants' responses in real time.Extend the duration or terminate the negotiation early when necessary;
- Compare all desired information and ask for counter proposals if necessary.
- Easily identify the best supplier or the best price per item;
- Invite approved companies from your network or search and invite new participants in the marketplace;
- Define the initial bid, bid behavior, duration and visibility;
- Save up to 30% per trade;
- Track bids in real time and view the best offer;
- If necessary, extend the duration of the auction or cancel bids immediately.