Esat launches web-based auction site

Esat has unveiled a web-based site for conducting Internet-bidding events called Auction Services.

Esat has unveiled a web-based site for conducting Internet-bidding events called Auction Services.

The system is fully integrated and allows for real-time bidding. Esat will supplies the software for a site upon where buyers, once accredited, can begin bidding. It also provides all customers with comprehensive training, technical and helpdesk support.

Buyers need an Internet connection and a standard Internet browser, such as Internet Explorer V4, V5.0 or V5.5 or Netscape Navigator 4.73

"Until now, the cost and complexities involved in implementing e-procurement prevented many companies from benefiting from online trading," Esat chief executive Richard Cooke said.

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"However the ASP model behind Auction Services from Esat will allow companies of all sizes to experience the many advantages of e-procurement," he said.

It was announced last month Esat is to cut 200 of its 1,300 staff as part of a merger of Esat Business and Esat Fusion. The new entity, Esat Group, is expected to be in place by April 1st.