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Some vendors may limit the number of items you can put up for auction in a certain pricing tier or charge a “performance fee" (similar to what you'd pay an auctioneer).
Fastlane auto auction software license#
There are other factors besides the software license cost to consider as well.
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With features like mobile bidding and the ability to host auctions online, auction software offers more flexibility for participants. Guests can also get wrapped up at your event and forget to walk over and see what items are on the table. Traditionally, if attendees miss your auction event they can't bid on items. Here are three ways auction software can help you run and manage auctions: On the other hand, if big ticket auction events make or break your organization every year, dedicated auction software becomes a vital investment. If you never do auction fundraisers or don't rely on them for significant funding, dedicated auction software can seem unnecessary. For example, you can find out which items did better than expected and what times had the most bidding activity.Īuction software integrates with other systems within your organization, whether it be fundraising software to see how much an auction contributed towards your goals or accounting software to easily capture event expenses in your general ledger. Gain insight and generate necessary forms. Email receipts and acknowledgements to donors automatically afterwards. Automated outbid notifications encourage participation.
Fastlane auto auction update#
Online or offline? Live, silent, reverse or sealed bid? 'Buy Now' items? This software helps you manage a number of types of auctions.Ĭreate a branded auction event website and allow users to register for auctions online for easy bidding and payment.Ĭapture and update bids on auction items in real time. Track and store auction event details, RSVPs, seating charts and more. Here is a list of some common functions to look for in auction software systems: Event & item management
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The various features found in auction software are designed to help users manage the entire auction cycle, from pre-event planning to post-event analysis. They help make auction events run more smoothly, and improve the effectiveness of your fundraising initiatives. These platforms offer a central hub to track item and registrant data and facilitate collaboration between members in your organization. This kind of software can help with a one-time event or ongoing online auctions. In this Buyer's Guide, we'll break down auction software definitions, common functionality, pricing information and more to help you decide if auction software is right for your organization and what system might best fit your needs.Ĭlick a link below to jump to that section:Īuction software helps users with the event planning, bid capturing, payment processing and compliance management aspects of auction fundraisers. If this struggle sounds familiar, you may want to invest in dedicated auction software-applications specifically designed to help users better manage their auction events. It's enough to make a short-staffed organization avoid auctions altogether. They'll want to see all of those 82 forms come tax time. Oh, and don't forget the government's cut. On the day of the auction, the fun really starts: registering guests, capturing bids, collecting payments and writing receipts. You have to get auction items from donors and promote your event through email, social media and every other channel at your disposal to ensure a good turnout. Nonprofit event planners said as much when we surveyed them for Software Advice's 2015 report, “Which Fundraising Event Is Best for Your Nonprofit?" Auctions have the potential to raise a ton of money for your foundation, charity or school.