The ASP model allows client companies to benefit from seamless system upgrades and enhancements that transpire immediately and at no extra cost. The system's open architecture can be integrated with ERP systems, operating systems and other aspects of corporate IT infrastructure. Scalability BT Ignite can scale up its server configuration to meet customer demand. Additional features include auction wizards to guide users through the set-up process and a cloning tool that allows users to copy a previous auction format and alter any details specific to the client's use. RFQ Allows buyers to post goods or services they want to buy, and sellers to compete for the best price they are willing to offer.
Exchanges Allows multiple buyers and sellers to transact for goods and services simultaneously.
A single item or several identical items are offered for sale simultaneously and the bidders placing the highest bids at the auction's close are the winners. Yankee Reverse Auction Bidders placing the lowest bids at the auction's close are the winners. Sealed Bid Auction Bidders submit confidential bids on one or several items by a predetermined cut-off time. All end users need to access the system is an Internet connection and a Web browser. When a user places a request to bid on an item or service, a query goes to the auction's Web server, hosted by BT Ignite.