GROVEPORT, Ohio -

Integrated Auction Solutions has announced a pilot of what it’s touting as the newest, most advanced marketplace in the wholesale industry.

Beyond the functionality of a standard marketplace (bid, proxy, wish list, watch list, sort and find inventory), IAS has added features it says will command the attention of online buyers. The IAS Marketplace will retain proxies that roll into live events at the auction level, provide enhanced search functionality, and will present live simulcast embedded into the marketplace.

Peter Levy, vice president of sales and business development for IAS, shared a Q-and-A featuring customer inquiries regarding this project.

Q: What differentiates your marketplace from pipeline?

A: We have been taking a modern, forward-thinking approach that allows rapid development, maintains stability, and creates a great user experience. We are moving to where the ball is going, not where it currently is.

The IAS Marketplace will speak fluently to AWG simulcast as well as any management system that has connectivity. It will be fully transactional, with live simulcast integration. The IAS Marketplace will be launched as an auction-centric portal, focused on the independent auctions’ core radius of buyers. All of this will have full application connectivity on both IOS and Android platforms.

IAS continues to build the most cutting-edge Auction Management System “V3,” with the foundation of the proven AuctionMaster reputation of more than 20 years. IAS is getting closer and closer to delivering the industry standard — Windows-based, Web-based, fully integrated with third-party management system … V3. We are in the process of creating the major user interface screens for AuctionMaster V3.

The new user interface is coming together with invaluable input from our present and future customers. The development team has already created a dozen dealer module interfaces and is beginning development on the dealer rep module that is so user-friendly that directions are not needed.

Q: Is the system web-based?

A: We have been developing a single platform that allows it to be web-based in a browser on desktops and mobile devices, as well as a stand-alone desktop application. Our auction partnerships have been insightful and a huge benefit in the development of this platform.

Q: Is there an accounting integration?

A: Like our present version V2, our upcoming V3 will not only have a double-entry accounting interface, but will work seamlessly with auction groups having multiple locations. We have found that the market demands a more elegant way to service transactions on a multi-facility level. We intend with V3 to take our core, industry-leading accounting functionality and expand it to multiple locations.

IAS Simulcast (AWG) web interface goes fully responsive in multi-lane bidding. With many of our auctions already running IP cameras in full HD, the use of transmitters will be a thing of the past.

Along with a totally new administration interface, bidding interface, and advanced reporting functionality, IAS has also created the most intuitive and user-friendly simulcast apps — downloadable at both the Apple App Store and the Google Play Store. IAS also offers fully integrated custom auction-centric marketplace apps that interact and feed information to buyers and sellers.