eBay for Procurement

find out more at www.axpire.io

Most procurement systems can deliver some degree of spend analysis, contract management and supplier performance management.

The better ones may even offer benchmarking (supplier’s prices and service levels compared with a benchmark).

Very few offer a full e-bidding process, where vendors can bid on buyers’ projects (for the purchase of goods and services).

Think of aXpire as an e-bay for procurement, but specifically focused on B2B (business to business).

Following its successful ICO early in January, raising just over $20m in under 4 days, aXpire will be adding e-bidding functionality to its blockchain based Resolvr software platform. The intention is for the AXP tokens to play a key part in the bidding process.

We will provide more information on this as our plans firm up.