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Innovative new platform launched to make running online auctions simple, streamlined and stress-free.

Innovative new platform launched to make running online auctions simple, streamlined and stress-free.

Auction News, the UK’s leading auction marketers with over 60 years of industry expertise, has launched bidsmart a range of auction software products designed to streamline hosting online auctions.

bidsmart is centred around enabling auctioneers to take control of their auctions and have them running efficiently. As such, there are various products available to help auctioneers, with the three core products powered by bidsmart being the Portal, White Label and a full back-office auction management system.

With the Portal, auctioneers simply upload their lots, which are then published on Auctioneers can benefit from having access to Auction News’ extensive database of highly engaged bidders and can also grow their own database with the portal option as they receive all data from any bidder that opts-in.

Alternatively, with the White Label option, the software can be used to host the auction on the auctioneer’s own website instead so it appears as an extension of their company and utilises existing branding and features.

Behind the scenes, setting up auctions is simple with the facility to bulk upload multiple lots and images all in one go. The dashboard within the software gives a live snapshot of all bidders awaiting approval and all new bids.

With either option, auctioneers can also use the bidsmart Office software to handle the whole auction process from start to finish. This gives full office and financial management and allows users to generate post-sale invoices and track payments, among many other features.

Director of Auction News, Gemma Payne, commented:

“Our family-run business has over sixty years’ experience in the auction industry. In this time, we have built up a wealth of knowledge and expertise, so we understand what auctioneers are looking for in an auction solution. Our main focus was to create a range of auction software products so auctioneers can choose which solution works best for them. All our products give auctioneers full control of their auctions and their customers, which is something we know is very important to them.”

The Auction News team has already completed the first auction to be run on bidsmart. Nationwide Asset Management Limited were involved in a pilot to run a Commercial Catering Auction, hosted on the Auction News Portal. Discussing the pilot, David McLean, the Director of Nationwide Asset Management, said:

“We were really pleased with our experience of using bidsmart and will definitely continue to use it going forward. The entire process ran very smoothly and exceeded our expectations both in terms of functionality and results that the auction generated. By using the portal, and accessing the Auction News database, we were able to reach a lot of new bidders too.”

The range of bidsmart products has been in development for the past two years and have been created by Auction News and Canamp Limited, specialists in bespoke auction software solutions.

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