Procurement & auction automation engine

Smart Procurement

Smart Procurement is the procurement and bidding engine that has already priced over 10 million items inside JoClaims and CarUsta — now packaged as a standalone platform. Any entity can use it to automate procurement and auctions for anything they buy or sell: publish a requirement, invite a vetted vendor network, collect live anonymous bids within a controlled time window, and award through your own approval hierarchy with a complete audit trail.

+10M

Items priced through the engine

+1.5M

Items procured

+600

Connected suppliers

10–20%

Typical cost saving

Watch

How Smart Procurement works

A short look at the bidding cycle: publish a requirement, invite vendors, collect live anonymous bids, award with full governance.

Capabilities

What Smart Procurement does end to end

01

Purchasing automation

Turn any request into a structured tender: itemized requirements, specifications, quantities, delivery commitments and deadlines — no email threads, no manual comparison sheets.

02

Selling auctions

Run forward auctions to dispose of assets, salvage, inventory or fleet vehicles, with rising-bid mechanics, reserve prices and automatic winner determination.

03

Anonymous live bidding

Vendors see only what they need to price and submit within a defined window. Anonymity plus live market pricing removes collusion and maximizes competitive pressure.

04

Vendor network & mobile app

Onboard, qualify and rate your own vendors, or plug into an existing regional network. Suppliers respond from a simple secure mobile app.

05

Governance & audit

Authority matrices, approval hierarchies and business rules route every award correctly, while an immutable audit trail captures every bid, action and decision.

06

Pricing intelligence

Historical pricing, benchmarking and anomaly detection turn each bidding round into data that improves the next one.