Auction Management Software

C1 designs and maintains technologically advanced auction software that manages the most complex and challenging negotiations with utmost transparency in real-time to ensure that you'll get the right price for the right item at the right time.

  • SAAS offering via robust Cloud architecture or On-premise solution available with Annual Subscription or Pay-per-use Model
  • Highly customized solution for industry verticals like Manufacturing, Retail, Energy, Healthcare, Hospitality & Travel, Telecom, Financial & Insurance and more
  • Enables Forward and Reverse auction of Goods and Services
  • Significant cost benefits
  • Quick, Efficient and Easy-to-use

20+

Years of
Experience

18M+

Auctions
Conducted

500+

Happy
Customers

Up to40%

Cost Savings

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Auction Management Software

A next generation software to suit your needs

C1 is a leading global provider of Auction Management Solutions and Services. Backed with 20 years of expertise, our auction system has enabled several best-of-breed companies to achieve operational efficiency and reduce cost.

Our best-in-class solution is dynamic, user-friendly, and 100% secure. Developed exclusively for bidding requirements, the solution empowers you to automate complete vendor interaction over the web for effective price negotiations.

The solution encompasses extremely reliant characteristics such as:

  • Quick set-up of online auctions with minimal supplier (bidder) training
  • Anytime anywhere access
  • Multicurrency and multilingual capabilities
  • Highly Secure and Scalable
  • Need based customization and 3rd party integration on the fly
  • Connects buyers and suppliers with ease
  • Configurable and dynamic workflows
  • Buyers have better control over their spends
  • Superior technology with advanced feature functionality

C1 also provides managed forward and reverse auction services whereby our experts conduct the auction and deliver successful results for your organization.

“Achieve greater process efficiency & save up to 40% on addressable spend by implementing C1's cutting-edge Reverse e-Auction Solution”

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Auction Types

Explore our range of additional Auction Management solutions

Sealed Bid Auction

A Sealed Bid Auction is a type of auction process in which all bidders simultaneously submit sealed bids to the auctioneer so that no bidder knows how much the other auction participants have bid.

Dutch Auction

A Dutch Auction is a price discovery process in which the auctioneer starts with the highest asking price and lowers it until it reaches a price level where the bids received will cover the entire offer quantity.

Yankee Auction

This auction type is similar to the Dutch Auction except instead of a single-line item, it's now a whole lot that is put up for bidding. Each bidder specifies their respective highest bid that they're willing to pay for the whole lot. The one with the highest bid wins the entire lot.

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Our Happy Customers