Auction Management System
- Schedule Auction Event and Invite Participants
- Forward & Reverse Bidding
- KYC Enforcement on Participants
- Digital Signature of KYC (On Demand)
- Auto Biding - Bidder can set maximum bid and let the system bid on their behalf
- Indicator to show Winning or Loosing status
- Increment / Decrement - Auctioneer can set increment / decrement value for every next bid
- Auto entension of bidding time on last minute bid submission
- Masking of bids
- Limit bidding and bidders
- My Bids - Bidders can see their bids and how are they doing
- Total or Items Wise Result calculation on Auctioneer choice
- Sealed bidding
- Auctioneer Dashboard and Charts
User Management
- Manage Participants
- Manage Departments
- Department Admin and User Management
- KYC approval to enable bidders to enter into Auction Event
Alerts
- Email alerts to participants on invitation
- Email alerts to Auctioneer when bidder accepts invitation
- Announcement Alert to Bidders
- Regisration confirmation and email verification
Customisation of Auction Management System as per your requirement is always possible. Please call us or contact us for a demo.