Reverse auctions and three-way match are live

Buy better. Sell to more buyers.

ProcuraHQ is a B2B commerce and procurement platform. Source with RFQs and reverse auctions, buy from catalogues that handle variants and configurable builds, approve against real budgets, receive what actually arrives, and pay only when the invoice reconciles.

Reverse auction — Lot 3, fasteners (annual)
Live · closes in 04:12Down 12.4% from opening
  • 1Meridian Fasteners$41,200
  • 2Coastal Industrial$42,850
  • 3Northgate Supply$44,100
  • 4Halden Components$46,900

Bidders see their own rank, never a rival’s price.

  • cXML PunchOut
  • Reverse auctions
  • Three-way match
  • Hash-chained audit trail
  • Contract price lists
  • Approval chains
  • Goods receipt notes
  • Configurable kits
  • Trade credit
  • Supplier verification
Savings you can defend

Competition on price, evidence on everything else

Reverse auctions put your suppliers in a live market and take the price down. Every bid, award, receipt and payment lands in an append-only, hash-chained audit trail — so the saving is defensible as well as real.

Append-onlyAudit logRows are hash-chained; updates and deletes are refused at the database.
3-wayInvoice matchOrder, receipt and invoice must reconcile before payment is possible.
cXMLPunchOutBuyers shop your catalogue from inside Ariba, Coupa or Jaggaer.
How the audit trail works
Invoice INV-88120 — three-way match
  • Purchase orderPO-4471 · 500 units @ $12.40
  • Goods receiptGRN-2210 · 486 accepted, 14 rejected
  • Supplier invoiceINV-88120 · 500 units billed
Payment blocked — quantity varianceBilled for 500, received 486. $173.60 over. Requires an override with a reason, recorded against the approver.
Buyers and suppliers

Whichever side of the order you are on

The same platform, doing a different job depending on who you are.

If you are buying

  • Put demand out to qualified suppliers as an RFQ or a live reverse auction
  • Enforce approval rules and budgets before an order is raised, not after
  • Book in what actually arrived, including what you rejected
  • Refuse payment on any invoice that does not reconcile with the order and receipts
Explore procurement

If you are selling

  • Publish variants, kits and configurable builds the way you actually sell them
  • Give each customer their negotiated contract prices automatically
  • Get verified once and carry the evidence into every buyer’s search
  • Let enterprise buyers reach your catalogue from inside Ariba or Coupa
Explore the catalogue
No credit card required

Pricing that scales with what you buy and sell

Start on the free plan. Trade credits, public RFQs and higher catalogue limits unlock as you grow.

Value
Starter
The perfect plan to get started
$9.99/month
Billed monthly
  • Feature 1
  • Feature 2
  • Feature 3
Popular
Pro
The perfect plan for professionals
$19.99/month
Billed monthly
  • Feature 1
  • Feature 2
  • Feature 3
  • Feature 4
  • Feature 5
Enterprise
The perfect plan for enterprises
$29.99/month
Billed monthly
  • Feature 1
  • Feature 2
  • Feature 3
  • Feature 4
  • Feature 5
  • Feature 6
  • Feature 7

Start buying and selling on one system

Free to start. Bring a catalogue, run an RFQ, or connect a buyer’s procurement system — whichever side you are on.