Discover
Best Freight Rates
Select the right mode that suits your needs - Frayto Procure has Closed eBidding and Reverse Auction modes!
Discover
Best Freight Rates
Select the right mode that suits your needs - Frayto Procure has Closed eBidding and Reverse Auction modes!
Feature
Closed eBidding
A Closed eBidding is a type of auction where suppliers bid on a contract in secret.The supplier with the lowest bid wins the contract.
Create Auction
You create a Closed eBidding and invite your preferred suppliers to bid.
Vendor Submits A Bid
Suppliers submit their bids before the defined cutoff time.
Review Bid
You review the bids and select the best offer.
Feature
Reverse Auction
A Reverse Auction is a type of auction where buyers bid on a contract in real time. The buyer with the highest bid wins the contract.
Create Auction
You create a reverse auction and invite your preferred suppliers to bid.
Vendor Participates in Auction
Vendors submit their bids in real time and auction continues until the time expires
Review Bid
You allocate the contract to the L1 bidder by requesting a booking.
Make your Global Supply Chain Agile
Try Frayto's Global Logistics Management Solution today and save significantly on your freight spends.
Automate your Procurement Process
Save manual efforts with automated bidding and negotiation.
Efficient Freight Procurement
Increase vendor participation and discover best rates.
Better Transparency
Single point of truth for all your procurement transactions.
Streamline your Global Logistics
Experience Frayto Advantage.
Try Frayto’s Global Logistics Management Solution today and save significantly on your freight spends.
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