Procurement, but as a live auction
Every RFPwon auction is private, invitation-only, and vendor-agnostic. Free for procurement — we collect a 10% savings fee only when you save.
Invitation-only bidding
Procurement departments invite their own vendors by email. Only invited vendors can bid. No spam.
Bids drop, never rise
The starting price is the highest vendor quote you've already received. Each new bid must beat the current lowest.
Anti-sniping protection
Any bid in the last 5 minutes extends the auction by 5 minutes — every vendor gets a fair last look.
Savings fee on close
When the auction closes, we collect a 10% fee on the savings you captured. No savings, no fee.