e-Procurement solutions: reverse auction and sourcing software / Tools : Hedgehog


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Did You Know? Companies can save 8% to 32% on purchasing costs using web-based reverse auctions, as compared to only 5% to 8% with traditional purchasing processes.

e-Procurement Solutions

eProcurement:
On-demand e-Procurement software suite from Hedgehog allows mid-size to Fortune 1000 corporations to automate and manage their value chain. Gain efficiencies and savings on the e-Procurement process. e-Procurement is a cost-effective and reliable medium for controlling procurement costs.

Reverse Auctions:
In a reverse auction the buyers are in control as they offer bidders specifications on a particular product or service that they would like to purchase. Prospective sellers bid against each other with the lowest price they would be willing to take for the product or service.
Reverse auctions work in the public sector as well as the private sector. Price isn’t the only consideration in a reverse auction. Reverse auctions are used by buyers to find vendors with whom to work. Buyers compare price, experience, quality and reputation in making a decision.

Strategic Sourcing:
Use strategic sourcing to control procurement expenses. Strategic sourcing makes a great deal of sense to help keep costs under control. When an organization focuses on strategic sourcing, the Company and its employees strive harder to make the best possible purchase decisions for the price paid.
HedgeHog offers a unique combination of on-demand software, expert consulting, responsive customer service, affordable monthly subscription fees and worldwide procurement expertise to provide mid-sized and Fortune 1000 enterprise corporations with:

Proven e-Procurement Software & Support Services :

•	Online e-auctions
•	eRFX management software
•	Vendor performance analysis tools
•	Contract & tender management modules
•	Spend analysis software
•	Global sourcing services
•	Custom vertical industry exchanges

Flexible Service Levels:

•	Limited Self Service Subscription
•	Unlimited Self Service Subscription
•	Full Service Programs
•	Custom Vertical Industry Exchanges

Advantages of HedgeHogs’ software and services includes saving money, time, and extra workload normally associated with paper work. Reduction of transactional costs and faster automated transactions. Our software and tools enhance a Company’s competitive advantage by taking supply chain management to the next level. Hedgehog helps organizations with their overall supply chain management.