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iBid
Online government and business auctions.
iBid is an effective and secure environment for organizations and governments to tender and successfully transact the allocation or sale of assets, resources, or services over the commercial Internet. It is ideal where a large denomination of funds must be tracked across a range of items on auction. The system is well proven and has been routinely enhanced based on feedback gathered from government and enterprise users over many years. The system is cost-effective and relatively easy to set up with minimal in-field support required as it uses standard browser technology placing the onus on bidders to support their own connection to the server. The iBidTM system supports large volumes of simultaneous transactions and both multi-round and real-time auctions. It is ideal for auctioning commodities or key resources to international buyers where security and credit management are paramount to the success and integrity of the process. The system provides total control to the vender and a high level of communication between the auction manager and users of the system. iBid provides a full audit trail including management reporting, detailed auction summaries and post auction systems analysis.
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