# Sourcinghq

**Source:** https://www.startuphub.ai/startups/sourcinghq
**Profile type:** Startup

> Reverse auctions for your own suppliers, with no supplier signups and a flat fee per auction.

## About

SourcingHQ offers a reverse auction tool designed for small businesses to invite their existing suppliers to compete on price for orders. Suppliers bid through a secure link without needing an account, and buyers can monitor the live auction and award bids line by line. The service is currently free during private beta.

## Key facts

- **Slug:** sourcinghq
- **Website:** https://sourcinghq.ai
- **Operating status:** Active
- **Sectors / tags:** Supply Chain, Procurement, Sourcing, Reverse Auction, Enterprise Software, Workflow Automation
- **Social:**
  - LinkedIn: https://www.linkedin.com/company/sourcinghq/

## Frequently asked

### What does Sourcinghq do?

SourcingHQ offers a reverse auction tool designed for small businesses to invite their existing suppliers to compete on price for orders. Suppliers bid through a secure link without needing an account, and buyers can monitor the live auction and award bids line by line. The service is currently free during private beta.

### What industry does Sourcinghq operate in?

Sourcinghq operates in Supply Chain, Procurement, Sourcing, Reverse Auction, Enterprise Software, Workflow Automation.

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