Operated as a managed service so it is a light lift for finance and procurement staff.
AIQ mines operating capital trapped in supplier contracts, quickly growing operating capital and enterprise value.
AIQ performs the analysis, develops the strategy, runs auctions, and delivers optimized supplier contracts that result in unbelievable outcomes.
AIQ increases your profitability by saving money. This enables you to return investment to shareholders and create budget for further investment in the business.
On average we improve our clients EBITDA by 3-10% across the services we provide.
Ran the first ever online reverse auction in 1996 and incorporated as AuctionIQ in 2009.
We are vendor agnostic ensuring that the suppliers invited to your auctions have a level playing field.
Making money is great. Saving money amplifies your success. With our innovative processes and refined approach, AIQ saves its clients an average of 44.6% on their service expenses.
Historically we have created over $7.5 Billion in Enterprise Value for clients through our services.
AIQ is an evaluation-to-contract technology procurement and negotiation-managed service. Patented spend analysis and reverse-auction methodology.
Turnkey services can include direct negotiation with suppliers through executed contracts.
Ran the first ever online reverse auction in 1996 and incorporated as AuctionIQ in 2009.
Deep proprietary knowledge and insights into supplier licensing, market prices, and discount tendencies.