What is an Auction Management Software?

Auction Management Software allows organizations to create a fully customizable website that includes a registration page where participants can register and place bids on auction items. Enables an administrator to manage auction categories and items, such as upload product images, starting bids, item values, detailed product descriptions, reserve amounts, bid increments, etc. Auction Management Software allows users to highlight auction items at the top of the web page and regularly rotate to keep the auction looking fresh. Allows users to send emails to the participants with the link of an auction website, post an auction on social media websites, and invite participants to share the online auction.

Auction Management Software enables bidders to browse auction items and create a user profile to bid online securely. Allows an administrator to search for auction items and bidders to create an order for the winning bidder and lists all of their auction items won. Enables bidders to make payments online via credit cards, and receipts are auto-generated and printed on the spot for participants. Allows an administrator to mark incomplete orders for follow-up.

Features of Auction Management Software

  • Encourage Participation: Allows users to send notifications to participants when they have been outbid and can send periodic reminders to participants.
  • Mobile App: Some auction software also provides a mobile app for iOS and Android. It allows users to connect with events from anywhere at any time. It also enables participants to bid prices for the product via a mobile device.
  • Flexible and Transparent Pricing: Allows users to customize a plan with add-on products. It also enables users to provide open and transparent pricing of their products to participants.
  • Comprehensive Reporting: Its reporting and analytics features enable users to gain insights, such as reports on registration, bidders, items, etc. It also allows users to adjust their approach when planning future auction events.
  • Securely Capture Auction Data: Losing track of essential information can sink your auction, such as bids, payments, catering lists, donor information, etc. Auction software provides secure storage that allows users to store essential information.

List of Auction Management Software

When you start looking for the best auction management software, it is easy to get overwhelmed with the list of options available. Here is the handpicked list of auction management software to choose as per your requirement:

1. Promena e-Sourcing

Promena-e-Sourcing-Auction-Management-Software
Image Courtesy – https://www.capterra.com/

Promena e-Sourcing is cloud-based auction management software that allows users to create forward and reverse auctions. It includes requests for quotation (RFQ), requests for information (RFI), and requests for proposal (RFP). Enables users to create a transparent purchasing environment for prospective clients. Promena e-Sourcing auction management software also enables users to maintain all procurement processes in a centralized location.

Promena e-Sourcing allows users to manage purchase orders and track delivery status. Enables users to create shortcuts, recent review tasks, and access calendars. Allows users to create and manage event lists and track all transactions.

Key Features:

  • Enables users to gain valuable and actionable insight to develop future strategies
  • Promena e-Sourcing is available on a monthly subscription
  • Available in multiple languages such as English, Japanese, Dutch, Brazilian, etc
  • Allows users to integrate with existing ERP applications

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2. Silent Auction Pro

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Image Courtesy – https://www.donorsearch.net/

Silent Auction Pro is a cloud-based auction management software suitable for charitable institutes, clubs, etc. Allows users to manage and track donations, contacts, bundle auction items, generate auction progress reports, etc. Silent Auction Pro software enables users to organize contact lists of donors and attendees and notify bidders when they have won items via email and SMS. Allows users to sell tickets online and plans seating arrangements for events.

Key Features:

  • Provides in-built image editing, inventory management, bidder watch lists, etc
  • Provides support via email and over the phone
  • Provides silent auctions, online bidding, managing live auctions, etc
  • Also allows users to send email invitations to attendees

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3. Auctria

Image Courtesy – https://guide.auctria.com/

Auctria is a cloud-based auction management software suitable for small to midsize nonprofit organizations. It includes website management, payment processing, donor receipts, reporting functionalities, etc. Auctria, an auction management software, provides in-built templates that allow users to create custom websites for every bidding event.

Auctria enables users to track information such as donor contacts, auction items, and bid amounts. Allows team members to access the same program simultaneously from anywhere at any time.

Key Features:

  • Supports multiple currencies such as USD, EUR, CAD, etc
  • Auctria provides a mobile app for iOS and Android
  • Allows users to share auctions on social media sites
  • Auctria also provides a free trial

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4. SchoolAuction.Net

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Image Courtesy – https://www.schoolauction.net/

SchoolAuction.Net is a cloud-based auction management software suitable for nonprofit organizations such as charities, schools, clubs, etc. It includes item listings, ticket management, donor management, etc. Provides users to conduct auctions such as online bidding, paper bid sheets, live auction, etc. SchoolAuction.Net software allows participants to register for auctions, purchase tickets, and sponsorships, and select their seating preferences.

SchoolAuction.Net allows users to track and record donor and item information and import data from existing systems or spreadsheets. Enables users to send links to participants to check in even before getting to the auction site. Allows users to print bid sheets, catalogues, and gift certificates.

Key Features:

  • Integrates with Authorize.net for payment processing
  • Provides support via email, phone, and other online measures
  • Available on an annual subscription
  • Schoolauction.net also provides a free trial

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5. ClickBid

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Image Courtesy – https://clickbid.freshdesk.com/

ClickBid is a cloud-based auction management software suitable for small to midsize businesses. It includes event licensing, bulk messaging, collecting bids, registering bidders, and payment processing. Enables users to search bidders by name, which volunteers can use during bidders’ check-ins. ClickBid auction management software allows bidders to view the available items and current bidding amounts during the bidding process.

ClickBid allows users to auction items individually or import them from an Excel sheet by using in-built templates. Enables users to send notifications to the winners with receipts. Allows bidders to check their selected items’ status.

Key Features:

  • Integrates with payment portals such as Authorize.net, Stripe, etc
  • Provides support via email, chat, and phone
  • Provides a mobile app for iOS and Android
  • ClickBid complies with the latest standards of PCI

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6. ILance

Image Courtesy – https://www.ilance.com/

ILance is an auction management software that allows users to set up an auction website that supports bulk uploads, shipping management, messaging, etc. Allows users to create and categorize inventory and manage tax and payment profiles. ILance, the auction management software, enables users to list products for auction and add shipping information and custom payment options.

ILance provides analytics and reporting capabilities that allow users to track various activities. It is available on-premise and cloud-based. Allows users to schedule live auctions.

Key Features:

  • Provides a mobile app for iOS and Android
  • Available on a monthly subscription
  • Provides support via email and phone
  • Also provides a free trial

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7. AuctionMethod

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Image Courtesy – https://www.getapp.com/

AuctionMethod is a cloud-based auction management software suitable for businesses of all sizes. It includes auction websites, invoice generation, payment processing, and consignment management. Enables users to create a mobile responsive website. AuctionMethod software allows users to send reminders via text messages to clients to inform them about upcoming auctions. Enables users to track commissions and create consignor statements.

Key Features:

  • Integrates with payment gateways such as Authorize.net, Stripe, etc
  • Provides a mobile app for iOS and Android
  • Allows users to create a customizable auction website as per requirements
  • Available on a monthly subscription

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8. AuctionWorx Enterprise

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Image Courtesy – https://www.rainworx.com/

AuctionWorx Enterprise is a cloud-based auction management software designed for businesses of all sizes. It includes PDF document upload, listings, invoicing, etc. Allows users to set pre-determined prices for the same products and sell them in bulk. AuctionWorx Enterprise software also enables users to create a customizable website for selling their products. Allows users to update all information in real-time. It also offers a free trial.

Key Features:

  • Integrates with payment gateways, such as Authorize.net, Paypal, etc
  • AuctionWorx Enterprise also supports multiple languages
  • Enables users to create an SEO-optimized auction website
  • AuctionWorx Enterprise provides SSL encryption

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9. ReadySetAuction

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Image Courtesy – https://www.readysetauction.com/

ReadySetAuction is a cloud-based auction management software suitable for small to midsize nonprofit organizations. It includes donation management, event websites, guest management, mobile bidding, payment processing, etc. ReadySetAuction management software allows users to select bidding items, list them on the bidding portal, and track consignments and sponsorships. Provides in-built templates that allow users to create mobile-responsive bidding sites.

ReadySetAuction provides various types of bidding, such as standard bidding, maximum bidding, and immediate bidding. Allows users to sell tickets and updates ticket availability in real-time to avoid overbooking. Enables users to create donor-specific reports to get better insights.

Key Features:

  • Allows users to generate invoices automatically for every transaction
  • Available on an annual subscription
  • Provides support via email and other online measures
  • Also provides a free trial

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10. Bidr

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Image Courtesy – https://www.softwareadvice.com/

Bidr is a cloud-based auction management software designed for businesses of all sizes. Allows users to manage the silent auction, live auction, ticket management, fixing prices, etc. Bidr auction management software enables users to track bidding, and tickets and update item information in real-time. Allows users to print item cards with digital signage for the participants. Enables users to send text messages to participants.

Key Features:

  • Provides support via email, phone, and other online measures
  • Available on a monthly subscription
  • Allows users to create an auction website as per requirements
  • Also provides a free trial

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11. Maxanet

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Maxanet is a cloud-based auction management software suitable for businesses of all sizes. It includes online bidding, registration, credit card integration, bulk email, etc. Allows users to send a payment link to bidders via email to receive payments. Maxanet auction management software provides different bidding types, such as open bidding, hidden bidding, and maximum bidding.

Maxanet allows users to add, update, and delete auction items in real-time. Enables users to manage time-bound auctions. Allows users to access a real-time feed of available products and current bids.

Key Features:

  • Integrates with the Authorize.net payment gateway
  • Available on a monthly subscription
  • Provides support via email and other online measures
  • Also provides SSL Secure Registration

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12. BidJS

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Image Courtesy – https://www.getapp.com/

BidJS is a cloud-based auction management software that allows businesses to manage auctions, asset sales, and timed bidding. It is an HTML 5 auction webcast software that provides a fast and efficient email delivery platform via the integrated Bidlogix system. BidJS auction management software enables users to generate detailed reports to access essential information on auctions and sales.

BidJS supports multiple languages that allow users to share data across teams to facilitate collaboration throughout the pipeline. Enables users to conduct phone verifications and accept payments using multiple payment gateways.

Key Features:

  • Provides in-built templates that allow users to create customizable websites as per requirements
  • Available on a monthly subscription
  • Allows users to raise awareness of auction sales via email marketing and SEO
  • Also Provides a free trial

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13. OneCause

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Image Courtesy – https://softwareconnect.com/

OneCause is a cloud-based auction management software suitable for nonprofit organizations of all sizes. It includes attendee RSVPs, check-ins, item auctions, automated donor receipts, bid history, payments, etc. OneCause auction management software allows users to create websites with customized URLs and run an auction on social media sites. Enables participants to preview auction packages, participate in an online auction, and make purchases via online stores.

Key Features:

  • Integrates with third-party applications, such as Salesforce, Raiser’s Edge, etc
  • Provides support via email and over the phone
  • Allows users to generate reports to assess donor activity or payment history
  • Also provides a free trial

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14. Bidcoz

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Image Courtesy – https://www.bidcoz.com/

Bidcoz is a cloud-based auction management software suitable for small to midsize businesses. Allows users to quickly and easily design online auctions, host auctions, encourage donations, sell tickets, and request sponsorships. Bidcoz, the auction management software, enables users to track campaigns’ performance in real-time and download multiple reports. Allows participants to bid on items and buy items online using their mobile devices. It integrates with email marketing and payment processing applications.

Key Features:

  • Provides support via email and other online measures
  • Available on a monthly subscription
  • Provides a mobile app for iOS and Android
  • Also provides a free trial

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15. Charity Auctions Today

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Image Courtesy – https://www.pinterest.com/

Charity Auctions Today is a cloud-based auction management software designed for businesses of all sizes. It includes private auctions, advance credit card registration, auto catalogue numbers, multi-currency support, etc. Charity Auctions Today allows users to create customizable websites and send custom reminders via email and SMS to inform participants when they have been outbid. Enables users to integrate with third-party applications, such as Stripe, PayPal, and Winspire.

Key Features:

  • Allows users to run auctions on social media sites
  • Provides support via email and chat
  • Charity Auctions Today also offers a free trial
  • Available on a monthly subscription

To know more about Charity Auctions Today Management Software features and product options, click here to continue.


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16. Tip Top Auction

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Image Courtesy – https://www.donorsearch.net/

Tip Top Auction is a cloud-based auction management software suitable for small businesses. It includes item management, donor management, print-material generation, payment processing, etc. Tip Top Auction management software also allows users to add new donor and item information or import data from an existing spreadsheet. Enables users to sell tickets and store customer information in a centralized database for future reference.

Key Features:

  • Allows users to run silent auctions, run live auctions, signup parties, etc.
  • Pricing is available per an event basis
  • Enables users to print bid sheets, gift certificates, and description sheets
  • Provides support via email, chat, and other online measures

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Types Of Auction

  • Forward Auction: It is the standard method of auction. Allows participants to bid prices for the product. The participants who bid the highest price for the product will win and take the product.
  • Reverse Auction: It is an innovative method of auction. Allows participants to bid prices for the product. The participants who can predict the closest price of the product will win and take the product.

Conclusion

Auction Management Software allows organizations to host an online auction, such as a live auction event or a charity auction. It helps organizations to reduce the duration of time and resources spent on planning and managing events. Enables organizations to reach a large number of audiences and will be able to attract more potential sponsors, donors, and buyers.

Image Courtesy – Photo by Bill Oxford on Unsplash