Even tough each company’s auction processes are unique, the benefits gained from implementing electronic auction processes differ from company to company. The e-Auction platform provides a secure environment for its users for demand management, bid information management, auction documents management and much more. The fact that companies move their auction processes to the electronic environment enables bidders to compete on an online platform. This situation is advantageous for both sides. The e-Auction platform is very advantageous for companies in the new digital transformation process with its competitive environment, fast processes and instantly accessible transparent infrastructure.
The e-Auction platform automates the entire auction lifecycle, starting with the creation of the request for proposal, from beginning to end. It creates an environment scenario that will ensure that communication between digitally authenticated users is secure, competitive and fair.
It facilitates transparency in auction management together with adequate demand forecasting. It gives certainty about demand to all its users and makes the total auction production parallel to the total demand. It also reduces the risks to price fluctuations and supply security.”
The e-Auction platform is fully configurable and manageable platform. It serves its users both on the web and mobile. It also offers you modular, scalable solution alternatives built on a user-friendly infrastructure. It reduces costs and increases productivity with its full adherence to open standards, system compatibility and low-cost integration solutions.
Additionally, the e-Auction platform increases the speed of the entire auction process. Since each step in the process is done online, there is no waiting time between different steps. You can quickly put your assets up for sale by auction and start receiving bids immediately. Each step in the process can be accomplished quickly with the help of automated processes.