Platform

Sourcing

RFQ, RFP and live reverse auctions in one place.

Sourcing. Run RFQs, RFPs and live reverse auctions in one place. Suppliers answer in a structured format, you compare bids side by side and score proposals against weighted criteria, and the award is recorded with the reasoning behind it.

Run RFQs, RFPs and live reverse auctions in one place. Suppliers answer in a structured format, you compare bids side by side and score proposals against weighted criteria, and the award is recorded with the reasoning behind it.

What it covers

  • Weighted proposal scoring
  • Real-time reverse auctions
  • Bids by e-mail read into drafts
  • Bid insights and award memo

How it works

  1. 01

    Create the event, choose invited suppliers and publish.

  2. 02

    Collect bids in the portal or read them in from e-mail attachments for your confirmation.

  3. 03

    Compare, score and award; the decision and its basis are kept on record.

Other modules

Segmentation

Kraljic segmentation and scheduled re-qualification.

Performance

Scorecards built from delivery, quality and price data.

See Arqelo on your own suppliers

Tell us about your procurement team. We will show a demo built around your process and reply within one business day.

No commitment. No sales pressure. · Or pick a time now