TenderSystem is an Internet based electronic tendering system to source, award and manage the total procurement process. This tried and tested technology leverages the age-old principle of supply and demand, through reverse auction, ensuring that products are purchased at the best possible price, at a lower administration and management cost, than any other method.

The Electronic Reverse Auction Pre-Auction Decision Analysis Tool was developed to assist those less familiar with eRAs to avoid the misapplication of the technology. This free, Excel-based Tool is available to supply management professionals as a quick and easy method of determining which initiatives are best suited for an eRA, and which are not. It offers customized guidance based on the specifics of your sourcing initiative.