ITbid is the most effective ("rational") solution for on-line negotiations between purchasing departments and their suppliers. The ITbid eSourcing System offers your company an easy-to-use and powerful technology for achieving expense reductions and increased personnel efficiencies.

ITbid is focused on the optimization of the purchasing negotiations and results in:

• Costs reduction inthe acquisition of products and services
• Internal cost savings through reduced cycle times and automation of low value-added tasks
• Documentation of the purchasing negotiation process, allowing the complete traceability

ITbid includes different tools for purchaser's needs:

• Reverse Auction Tool - price or rank visible
• Request for Quotes (RFQ) and Request for Proposals (RFP)
• Catalogue-based Negotiations eTender-MRO

Why is ITbid the "Rational" eSourcing solution?

ITbid provides the most complete, seamless, and easy-to-use eSourcing (or private branded marketplace) solutions on the market. ITbid ASP allows you to "rent" our platform and have all the tools at your disposal so you can manage your negotiations directly.