iRostrum

iRostrum for the Business Assets Market

Showcase business assets with a platform that delivers seamless, trusted auctions.

The Business Assets sector encompasses a wide range of high-value commercial assets, from intellectual property and media rights to vehicles, medical equipment, and technology infrastructure. Auctions in this sector are pivotal for industries undergoing restructuring, company liquidations, or seeking growth through the sale of assets like commercial contracts, franchise rights, and procurement services. Whether it's raw materials, such as oil and gold, or specialist assets like pharmaceutical research data and hospital equipment, these auctions facilitate the transfer and acquisition of essential business resources.

Our custom-branded auction platform ensures that these diverse assets are presented with the care and professionalism they demand. By keeping your brand central, we build trust with buyers while enhancing the visibility of everything from technology and electronics to intellectual property and franchise agreements. With a focus on delivering a seamless and premium buyer experience, we help you stand apart from generic platforms, reinforcing your brand’s reputation and ensuring the value of your business assets is fully realised in every auction.

iRostrum Overview

Fully-Customisable Auction Platform

  • Your own white label auction platform
  • Instant setup, no installation needed, with valuable ongoing software enhancements
  • Sector templates out-of-the-box or customise your own
  • Host on your own URL and send system notifications from your own email address
  • Localise to your timezone and currency
  • Exceptional presentation and user experience designed to the latest accessibility standards
  • Mobile first responsive for optimal viewing on any device
  • SEO-optimised pages with clean URLs

Run Live and Timed Auctions

  • Highly configurable bidding formats
  • All bidding tightly coupled to your T&Cs
  • Configurable customer journeys and notifications
  • Access to the iRostrum Marketplace solution enabling sellers to list directly
  • On-demand ultra-low latency live streaming
  • Intuitive Live auction clerking and auctioneer screens
  • Comprehensive audit and traceability tools

Administration and Security

  • Intuitive end-to-end administration tools and processes
  • Bulk processing tools
  • Comprehensive reporting, exportable insights, and analytics for smarter, data-driven decisions
  • Configurable role profiles
  • Full data ownership
  • Secure software with regular penetration testing (SSL secure)
  • Scalable architecture addressing legacy cloud scaling issues
  • AML5 and GDPR ready

iRostrum features

  • Customisable Branding
  • Client management
  • ID Verification Management
  • Consignment Management
  • Inventory Management
  • Auction Management
  • Lot Management
  • Cataloging/Categorisation
  • Image Management (360° lot viewing)
  • Video Rendering
  • Registration Management
  • Tax Management
  • Payment Management
  • Attendance Management
  • Event Scheduling
  • Search/Filter
  • Live Auction
  • Timed Auction
  • Online Bidding
  • Proxy Bidding
  • Absentee Bidding
  • Advance Bidding
  • Bid Management
  • Anti-sniping
  • Watch List
  • Alerts/Notifications
  • Billing & Invoicing
  • Payments
  • Reporting & Statistics
  • Data Export
  • Social Media Integration
  • API Integration
  • Single Sign-On (SSO) with OAuth

Market Specific Features

Focus on your brand

  • Ensure your brand stays at the forefront with templates crafted to complement your website’s look and feel.
  • Highlight your identity with custom branding options that create a seamless experience for your buyers.

Trusted Payment Solutions

  • Out-of-the-box integration with your own Stripe account
  • Capture your bidders preferred payment method with timely reminders when they expire
  • Mandate deposit capture or future payments to bid in your auctions
  • Payment processing

Security & Trust

  • AML compliance through secure registration and verification procedures for KYC
  • Protect bidder information with iRostrum’s secure encryption and storage solutions, ensuring confidentiality and integrity.

Get started today!

Book a demo

Urgently, I needed to transition to a new auction platform. Having worked with the same platform for about 8 years, I had significant questions about what was possible in the “auction world”. To address this, I signed up for demos with various providers. We quickly agreed that iRostrum was the right partner for us. Several factors were crucial for us, including:

  • User-friendliness of the seller's portal: Compared to our old platform, this is a significant step forward. With the "mass upload" feature for auctions, a sale can be online in no time.
  • Flexibility: The customisations we desired were implemented within a few weeks.
  • Accessibility of support: Questions and issues are addressed almost immediately. The support team also provides clear feedback.
  • Stability: Naturally, this is crucial, though it can't be tested in advance. However, it has not been an issue so far. Even when many clients log in simultaneously, the performance remains perfect.
  • Ongoing development: iRostrum continues to evolve and regularly introduces beneficial updates that we hadn't considered ourselves, while also incorporating our "wish list".
  • Pricing: The auction is only a small part of our core business. We primarily sell products at a loss here. Many other websites charge a percentage of turnover, whereas iRostrum operates on a fixed monthly cost basis.

All in all, we are very satisfied thus far and recommend this company to others.

Bram Bot, Flex IT