Provisions extensive Search facility for End users to find Auctions of their need to participate.
A dashboard lets Department & Bidders know the immediate actions due for the day and actions due from the past.
Auctions types support both Forward Auctions & Reverse Auction for Organizations to choose.
Provides configurable dates to use for hosting & participating in an Auction for Bidders.
Facilitates Organization to create and host Value & Rank based Auctions for Organization.
Workflow based approach for setting up multiple levels of Approvals. Access and Role based Publishing of Auction.
Reserve Price based reverse auction available to enable cutoff prices and capture first-cum-first-serve basis.
Supports "Auto Bid / Proxy Bid” feature for Bidders to quote bids when offline or outside of Live Auction.
My Documents feature for Bidders lets them manage their documents as a library and documents are attached when submitting documents for participating in an Auction.
System provisions to setup "Eligibility" or "Pre-qualification" requirements through defining all documents for Bidders to participate.
Bulk email sent to all Bidders registered on the website when Auctions, Corrigendum's & Addendum's are published.
Uses a "Server Time" feature to ensure Department and Bidders use a single time system for all activities and audit purposes.
Charts on Auction, participation and trends provide intuitive ways of representing data for consumption, analysis and take actions there by.
Has a Inventory feature in auction, in which predefined list of items can be uploaded and system automatically maintains the data related to Inventory as, for which items auctions has been Published/Awarded, recalling the un-awarded auctions etc.