AI Operating Systemfor Procurement
A B2B marketplace for goods and materials required for project-based procurement — run reverse auctions or receive supplier bids, structured and comparable in one place.
Post your requirement once. Compare structured quotes or let suppliers compete live.
Works with your existing suppliers + our verified network. No vendor switching required.
If you're already negotiating with suppliers, you're leaving competitive pricing on the table.
We don't replace your process — we improve your outcome.
Keep your existing suppliers. Just unlock better pricing.
Use your existing suppliers
Invite your current vendors to compete in sealed auctions — no need to switch.
Add new verified suppliers
Optionally widen the pool with our verified network for stronger competition.
Stay in full control
You choose who participates, you award the bid, you keep the relationship.
Two Ways to Procure
Suppliers submit structured bids.
Suppliers compete by lowering price.
Forward: new requirements · Reverse: price-driven buys
Built for service providers and suppliers
One platform, two sides of the table. Service providers run structured sourcing. Suppliers see real demand.
Service Providers
- Run forward & reverse auctionsStructured quotes or live, sealed, time-boxed bidding.
- Invite existing + new suppliersYour vendors compete alongside ours.
- Audit-ready price trailEvery bid and award captured immutably.
For Suppliers
- Real RFQs, not listingsLive demand from verified buyers.
- Matched to your categoryOnly see what fits your capacity.
- Free to bidNo subscription, no per-bid fees.
Procurement infrastructure,not a marketplace
Everything you need to run sourcing with discipline — auctions, sealed RFQs, an immutable audit trail and CFO-ready reporting.
Forward & reverse auctions
Structured quotes or live price discovery.
Sealed RFQs
Structured specs, fair comparison.
Audit trail
Every bid, every move, immutable.
Savings reporting
CFO-ready cost-out evidence.
Don't want to manage auctions? We'll run them for you.
Share your requirement on WhatsApp. Our team negotiates. You only review and approve.
Stop overpaying for procurement
Post a requirement and run your first forward or reverse auction today. No setup fees, no contracts — pay only when you save.
Frequently asked
A B2B marketplace and AI-powered procurement platform with forward and reverse bidding. Post a requirement, receive structured supplier quotes or run live auctions across your existing vendors and a verified supplier network — and compare everything in one place.
A B2B marketplace is an online platform where businesses buy and sell from each other. Unlike a catalogue-only b2b ecommerce site, LeadXAgent is a demand-led b2b commerce platform: service providers publish structured requirements and verified suppliers respond with competitive bids.
A procurement platform (also called e-procurement or purchasing software) digitises sourcing end to end — requisition, RFQ, supplier bidding, quote comparison, approval, purchase order and audit trail — so procurement teams buy at the right price with full governance.
Raw material procurement (direct material procurement) is the sourcing of inputs that go into your finished product — steel, polymers, chemicals, packaging, components. It is price-sensitive and recurring, which is why structured RFQs and reverse auctions deliver measurable savings.
One requirement is routed to many matched suppliers at once. Each submits a sealed bid, identities stay protected in forward RFQs, and every quote lands in a single line-item comparison so you can award on price, delivery and terms rather than follow-up calls.
Yes. Service providers post requirements and run auctions for free. The platform earns a small fee only on successful awards.
Yes — and you should. Invite your current suppliers alongside ours. They compete together; you don’t have to switch vendors to get a better price.
Most auctions close in 15–30 minutes. Managed (concierge) auctions typically deliver competitive quotes within 24–48 hours.