E - Sourcing

Simplify Sourcing, Strengthen Supplier Synergy, Secure Sustainable Success

Try It Yourself

Request A Demo

Features

Smarter Sourcing, Simplified — From RFQs to Auctions in Just a Few Clicks

From RFQs to reverse auctions, explore tools built to streamline procurement and deliver savings.

RFQ

Configurable rule engine for PR and Non-PR based RFQs
Manual or Excel-based RFQ creation for flexible sourcing needs
Floating RFQs to both existing and new/unregistered suppliers
Quote comparison across key metrics like price, delivery, terms
Multi-level review and approval workflows for compliance
Quote revision support to enable iterative negotiation
Proactive alerts and notifications for all key events

Reverse Auction

Configurable bid rule engine for tailored auction design
Easy event creation with guided interfaces for buyers
Approval workflow before auction is published
Embedded bidder chat for real-time Q&A during auction
Awarding review and approval workflow for compliance
Bid moderator view to track and extend bids if needed
Proactive notifications to keep all stakeholders informed

Outcomes & Benefits

Smarter sourcing that delivers measurable value — faster cycles, lower costs.

Velocious empowers procurement teams with tools that not only simplify sourcing but also accelerate it. By eliminating manual touchpoints, enhancing visibility across supplier interactions, and providing structured workflows, sourcing becomes not just faster — but smarter. Whether you're floating an RFQ or running a reverse auction, you’re equipped with the control and clarity needed to make better decisions, faster.

Trusted by leading enterprises worldwide.

50–70% Faster Sourcing Cycles

Streamlined automation cuts manual work in RFQs and approvals.

Increased Cost Savings from Competitive Bidding

Reverse auctions unlock pricing advantages through dynamic supplier engagement.

Greater Supplier Visibility & Control

Track participation, bids, and compliance in real time with embedded analytics.

Higher Supplier Adoption Rates

User-friendly interfaces and flexible RFQ methods drive better engagement.

Sandbox

Experience Velocious in Action

Get a hands-on feel of how our solution simplifies complex sourcing and onboarding workflows. Explore live sandboxes for Reverse Auctions and Vendor Onboarding—no setup, no wait. Just real functionality, at your fingertips.

Try It Yourself

Enterprises that chose simplicity and never looked back

Logos and trademarks are the property of their respective owners. If you represent any of these organizations and would prefer your logo not be displayed, please contact us and we’ll promptly remove it.

Let's Transform Procurement Together

Discover how Velocious can accelerate your digital journey – and help you elevate procurement into a source of strategic advantage.

Schedule A Demo