
SourcingHQ is a reverse auction platform that helps small and medium businesses cut procurement costs by letting their existing suppliers compete for the order. Instead of chasing quotes over days of back-and-forth email, you set up a single time-boxed bidding window. Suppliers bid the price down through a secure link. No account, no signup, no friction on their end. You just pick the winner. What you can do with SourcingHQ: - Run multi-item auctions with line-by-line awards - Choose open or blind bidding - Schedule auctions with anti-snipe protection so late bids can't game the close - Send automatic invites and outbid alerts to suppliers - Import suppliers in bulk and attach specs or documents - Download a full audit report of every bid for clean record-keeping Built for procurement, operations, and founders at small businesses who want competitive pricing without living in their inbox. Stop negotiating one supplier at a time. Let them compete. Get your week back. Learn more at https://sourcinghq.ai