Reverse electronic auction web tool for B2B

Abstract The processes of reverse auctions have proved useful and beneficial to both businesses and governments. The development of software applications in the field of B2B represents a challenging task for emerging economies. This paper presents various concepts, design stages, development and implementation of a particular reverse auction solution. A website construction, namely www.almejor.com , is the result of private initiatives in conjunction with university workforce. The joint efforts resulted in an innovative application in the context of E-procurement. The tool ensures the existence of an effective channel to improve processes between suppliers and customers. This is a web-environment solution that facilitates management of purchases through reverse auction.