B2B-Center is a cloud-based strategic sourcing platform, which is trusted by 400+ customers operating in Russia and more than 100 other countries. Platform functionality includes over 40 configuration settings, subdivided according to the methods of procurement organization: • Circle of participants: opened; closed; open, but with a limited number of participants for accreditation; with preliminary qualification selections; • On a legal basis: price requests (RFQ) / requests for proposals (RFP); competitive negotiations; auctions (conducted according to the Civil Code of the Russian Federation); competitions (conducted according to the Civil Code of the Russian Federation); • By stages: one-stage; multi-stage; with rebidding; • By lots formation: single-lot, multi-lot, multi-position. Use of B2B-Center platform enables buyers to reduce purchase prices by up to 18% for goods and by 25% for works and services, saving on procurement-related transaction costs up to 50-70%. Suppliers get opportunity to extend customers portfolio, access into new markets with ability to monitor competitors' activities. B2B-Center platform also has wide range of additional services like suppliers’ online catalogues, financial services, consulting support, logistics.