Online auction, also known as procurement auction, e-auction, sourcing event, e-sourcing or eRA) is a process where the auction or sale of goods takes place on the internet, the process is completely automated and there exists almost no chances of manual manipulation, faults or errors.
With our auction software, your company can now perform the auctions online, on internet, unlike Live Auction, E-Auction helps you to reach to more buyers, unlike Live auction, you do not have to engage your people to auction the goods, you just need to enlist the same on the website, invite your customers to bid online, it just takes 5 minutes to add new goods for auction, and your client can submit a bid proposal, in a minute.
Our EAuction software has been developed to comply as per the required record maintaining system, you can see how many bids a particular item has received, who is the top bidder, you also have option to end bidding for an item or lot as well as re-start the auction process for a given lot which has not received required number of bids.
Our Online Auction Software also generates different types of reports, MIS reports, weekly & monthly reports, reports based on commodities or goods, reports based on companies, there is also a provision of creating customized reports for back office purpose.
Online Auction software is a must for auction companies, our software helps you to automate the auction process for different commodities like Tea, Jute, COAL, Sugarcane, Rubber, Leather, Electronics, Consumables and others. Our online auction software is also equipped to serve government organization, Large Auction Units and other sectors.
Our Online Auction Software comes with the following options -
Our online auction software has been developed with PHP scripting language, backend being MySQL, the software needs a web server and a database server, it can be run on a dedicated server or shared server, our software can support upto 100 auction processes run simultaneously, with over 1000 users at a time. Our software is well equipped with record keeping, fault tolerance, backups along with data protection capabilities.