eSourcing · Reverse Auctions · RFPs
Prices fall.Compliance holds.
Krinati takes your sourcing team beyond reverse auctions — knowledge templates, stakeholder collaboration and a full audit trail on every event, so the savings last.
- Improved Compliance & Transparency Every decision documented, every step auditable
- Reduced Cycle Times & Enhanced Teamwork Publish RFPs in minutes, collaborate in real time
- A Near-Immediate Return on Investment Online auctions deliver ~9% savings across categories
8–18%Typical savings per event
ISO 27001Quality Certification
GlobalCustomers in 6 countries
AWSSecure & Accessible Anywhere
Why Krinati
The Krinati advantage
- A cloud-based solution with a modern, easy-to-use UI
- Built with inputs from procurement experts, consulting firms and suppliers
- Knowledge templates, stakeholder collaboration, approval notes and a contract repository — all bundled
- Securely hosted on AWS, accessible from anywhere
- Program management services to ensure success, every time
Outcomes that matter
What our customers achieve
Measurable results that justify the investment within weeks of go-live.
A near-immediate return on investment
- Online auctions deliver ~9% savings across Direct, Indirect and Capex categories
- Competitive RFPs deliver savings where auctions aren’t feasible
- Improved transparency and faster award decisions encourage competitive bidding
- Easy to configure — start executing sourcing events within days
Reduced cycle times & enhanced teamwork
- Build shared knowledge repositories of questionnaires and pricing sheets
- Re-use knowledge templates to create and publish RFPs within minutes
- Dynamic response analysis of bids as they arrive — no offline comparative statements
- Add multiple stakeholders to every sourcing event for effective collaboration
Improved compliance & transparency
- Online RFIs, RFPs and auctions improve compliance across the whole process
- Multi-stakeholder scoring for transparent supplier selection
- Stakeholder communication captured within each sourcing event
- Configurable approval notes and flows for awarding the right scenario
Platform modules
One platform, end to end
An integrated suite designed for every stage of the sourcing lifecycle.
eSourcing
Build questionnaires, pricing sheets and auctions with a high level of compliance and transparency.
Know moreContract Management
Maintain a contract repository, track expiry dates and obligations, and greatly minimize risk.
Know moreSupplier Management
Approve supplier categories within profiles and give dynamic feedback to sourcing teams.
Know moreConsulting Services
Flexible program management support to help your team leverage the full solution.
Know more Platform capabilities
Key features
- Competitive RFPs
- Reveal rank or best price to participating suppliers and trigger multiple bids while the RFP is live.
- Reverse, Forward & Dutch auctions
- Run multiple auction formats with configurable options that maximize supplier participation.
- Knowledge library
- Build templates, share them with co-buyers, and cut RFP creation time to minutes.
- Contract repository
- Track active, expired and renewed contracts with tasks and expiry alerts.
- Dynamic response analysis
- Analyze bids the moment they arrive, with critical information at a glance.
- Supplier-specific ceiling prices
- Set ceiling prices per supplier so pre-auction savings are never lost.
- Team collaboration
- Bring cross-functional stakeholders into supplier selection for better outcomes.
- Award scenarios & approval notes
- Model several award scenarios and route the right one for approval.
Customer voices
What our customers say
Real outcomes, in their own words.
With our investment in Krinati, we not only realized significant bottom-line savings, but also drove best practice processes in our sourcing function.
Adoption of Krinati Sourcing helped us become more productive while remote. We use Krinati for RFPs and auctions — both reverse and forward. With several categories being negotiated frequently due to volatile pricing, the solution helped us significantly reduce sourcing times.
We have been using Krinati for well over a year. Some of our indirect procurement, including insurance and administrative spend, is routed through the platform for efficient sourcing. The Customer Success team proactively works with us to increase platform adoption and realize maximum value from our investment.
Krinati’s managed services model has helped streamline the execution of complex buy-sell programs. From supplier training to execution and review, the approach has consistently delivered smooth implementation and reliable outcomes.
Krinati offers an excellent ebidding software. They are very professional and have a very strong follow-up ethic. The promoter is personally involved, which makes a big difference in the outcome. There is definitely a good payback on your investment with Krinati.
Ready to get started?
Want to understand how the Krinati solution suite can help you?
See the platform in action. Our team will walk you through a live demo tailored to your sourcing challenges.
Request Demo