Managed Auctions

Leverage the Power of Reverse Auctions Without the Hassle or Investment.

Source Loop’s Managed Auction service allows enterprises to bid their telecom services out to multiple service providers (of the customer’s choosing) in a live reverse auction format completely managed by Source Loop.  Source Loop will take care of the following activities enabling a fast and efficient solution to secure the best price:

• Configure the Source Loop SmartSource application to reflect services being bid, starting price points based on Source Loop benchmarks, auction time length, approved bidders, terms and condition confirmations, etc.
• Administer and run the event.
• Roll up results and provide pricing comparison analysis for review by customer.
• Provide expert guidance on any telecom service-related questions.

No investment in e-Sourcing technology is required as Source Loop provides all of the technology, domain expertise and proven processes. Just sit back, relax and enjoy watching your network cost come down.

Source Loop offers the Managed Auction service on a per event basis as well as in value-priced multiple event packages that can be used over the course of 12 months.

Managed Auctions are a perfect way to drive value when only a portion of your network is coming off term and needs to be re-sourced in small quantities or when you have a need to source an incremental network service such as a high speed internet connection or high capacity private line, etc; these services will typically not be cost effective to source from your existing master services agreement.

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