No, price is not the only factor in evaluating Reverse Auction responses.

Reverse auctions are known for providing buyers with lower prices. A misconception of reverse auctions can be that the lowest price vendor receives the award. Price is just one factor in any evaluation, and the same is true when a reverse auction is used. Automating price negotiation allows buyers to negotiate more buys than otherwise and allows them more time for key procurement decisions, such as the award evaluation. 

Throughout the year, the Unison Marketplace team works diligently to create enhanced capabilities to support you and your team. Based on feedback from our Buyers, Unison Marketplace has added a function where vendors will no longer be able to submit a bid on your requirement if they have not attached all required documents.

Are repetitive tasks and tedious research taking up most of your day? Unison’s new tool, Market Research Assistant, uses Robotic Process Automation to speed up your market research process and leave you with more time to focus on the important analysis that only you can do. Think of Market Research Assistant (MRA) as your own personal assistant. Assign it a task, send it off, and get back to the higher-value work on your desk.

Here at Unison Marketplace, we understand the ever-changing needs of our Buyers. We also understand that 1102s have a variety of procurement requirements that need to be met on a real time basis.