Source-to-Pay · Indian compliance · v3
Procurement that
thinks ahead.
RFQs, live reverse auctions, KYC-verified vendors, risk monitoring, demand consolidation, rate contracts — the complete Source-to-Pay stack for Indian businesses.
🔨 Reverse Auctions
Live bidding room, real-time leaderboard, 8–15% avg savings
✅ Vendor KYC
GSTIN auto-verify, document upload, approval workflow
⚠️ Risk Monitor
Financial, compliance & concentration risk per vendor
📦 Rate Contracts
Pre-negotiated catalogue, skip RFQ for recurring items

"The reverse auction feature alone saved us ₹1.2 crore in our first quarter. Vendors actually compete against each other — it's transformative."

— Dinesh Parikh, MD · Parikh Steel Fabricators, Rajkot

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UPARC Procurement
Parikh Steel Fabricators
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Reverse Auction — HDPE Granules Apr 2024

LIVE
12:47
Item
HDPE Granules 5502
Quantity
500 kg
Floor price
₹250/kg
Current best
₹231/kg
Saving vs floor
7.6%
#VendorLatest bid (₹/kg)Total (₹)GST 18%Grand totalLast bid timeStatus
Total savings vs floor price
500 kg × (₹250 − ₹231) = ₹9,500 saved
₹9,500

Simulate bid (demo)

Enter a rate below the current best bid to update the leaderboard
Event log
3 vendors competing · Auto-extend 5 min on last-minute bids
Create eAuction Event
Vendors cannot bid above this
Minimum reduction per bid
Invite vendors
Invite Vendor for Onboarding
The vendor will receive an email with a link to fill in their company details, upload documents, and complete GST/PAN verification — all in a self-service portal.
Required documents
${['GST Certificate','PAN Card','MSME Certificate','Cancelled Cheque','Trade Licence','Bank Statement (3 months)','ISO Certificate (if applicable)'].map(d=>``).join('')}
New Rate Contract
New Purchase Request