Procure: Reverse Auction Platform
Making energy procurement effortless, transparent, and economical
Strategic & Intelligent Energy Procurement
Depending on the size and scope of your business need, the entire RFP process could take anywhere from one to six months, which is why, for many businesses and government entities, the rigorous RFP process is one of pure dread.
Luckily, the entire process became remarkably simpler with the invention of the reverse auction. Over the past few years, increasingly more businesses have begun utilizing the new technology to streamline the RFP process and save over 85% of employee time on average.
Getting the best energy pricing should always be a fair and straightforward process. At Mantis Innovation, we look out for your organization – and your bottom line
Using Procure, our proprietary Reverse Auction, Mantis helps businesses, government agencies, schools, and all types of organizations procure the lowest possible electricity and natural gas rates. Simply put: when suppliers compete, you win.
Complimentary Energy Analysis
We offer a complimentary Energy Analysis, which will analyze your consumption profile and financial goals. We can then advise on supplier contracts as well as energy efficiency solutions, green power options and utility bill audits.
Reverse Auction Benefits
Through Procure, Mantis can manage its clients’ energy supply needs and create optimal savings opportunities in a whole new way.
Eliminate the Back and Forth
All vendors can participate simultaneously, ensuring that the lowest price is achieved while significantly reducing time.
You will never have to worry about out-of-pocket expenses to conduct a Reverse Auction.
Detailed Summary and Savings
To help make your decision easier, every auction comes with a detailed summary and cost comparison analysis.
Save Time and Resources
Your time is valuable, which is why we ensure auctions only last for 5-10 minutes on average.
You will see every offer that is provided by all participating vendors.
Live Auction Replay
Mantis provides you with a video recording of your auction event to ensure compliance for any regulatory audits.
You can sign a new contract with your preferred vendor, wait for another time to run a new auction, or simply not contract at all.
Mantis ensures that suppliers competing for your business offer identical products – meaning no post-auction surprises.
Stay in touch
Subscribe to receive news and updates from Mantis Innovation. Our newsletter provides you timely, insightful energy and sustainability news gathered from some of the industry’s most trusted sources.