Run reverse auctions on your vendors. Keep 90% of what you save.
Invite your existing vendors to compete on price in real time. You only pay when you save.
Current lead
$8,400
Budget ceiling
$12,000
Built for real procurement
Outcomes procurement teams care about — measured on every auction.
15–30%
Average savings per auction
$0
Cost to procurement departments
48hrs
Average time to close an auction
How RFPwon works
A live reverse auction on the vendors you already trust — closed in 48 hours.
For procurement departments
- 1
Post your sourcing need and set your budget ceiling
Describe what you need and the highest quote you've already received. Free to post.
- 2
Invite your existing vendors by email — they compete on price
Paste in the vendors you'd already consider. They get a private invite link and bid live.
- 3
Close the auction and keep 90% of what you saved
We collect a 10% savings fee on close. No savings, no fee. Audit-ready records included.
For vendors
- 1
Subscribe and complete your vendor profile
A simple monthly subscription unlocks invitations from procurement departments.
- 2
Receive email invitations from procurement departments
Every invite is a real buyer with a real budget. No tire-kickers.
- 3
Bid live — the best price wins the contract
Bid in real time against other vendors. Lowest qualifying bid wins.
Built for procurement teams
Every feature is designed to make sourcing faster, cheaper, and fully auditable.
Real price discovery
Vendors compete live. You see the true floor on your spend in hours, not weeks of back-and-forth.
Vendor-agnostic
Use the vendors you already trust. We don't pick winners — we just give them a fair fight.
Pay only on savings
A 10% savings fee collected on auction close. No savings, no fee. Procurement pays nothing upfront.
Anti-sniping timer
Any bid in the last 5 minutes extends the clock by 5 minutes — every vendor gets a fair last look.
Audit-ready records
Every bid, timestamp and invite is logged. Exportable for procurement, finance and compliance.
Binding live bids
Submitted bids are contractually binding — vendors and buyers both know the deal is real.
Free for buyers. Subscription for vendors.
Plus a 10% savings fee collected on auction close. No savings, no fee.
Starter
For solo professionals just getting started.
$49/month
- Up to 5 active invitations
- Standard profile
- Stripe Connect payouts
- Basic analytics
Pro
For active professionals who win regularly.
$149/month
- Unlimited invitations
- Featured listing placement
- Reputation badges
- Priority support
Firm
For multi-seat firms and agencies.
$499/month
- Up to 10 team seats
- Shared client roster
- Branded firm profile
- Dedicated account manager
Ready to run your first auction?
Set a budget ceiling. Invite your vendors. Let them compete on price live. Pay only on savings.