Very good question. What we try to do now, especially with our latest release, Version 4.0, which is coming out second week of October, is we try to automate the entire RFQ and RFP process, what we call an eRFX or eRFQ process. We try to take the way people are used to doing business and the way that it used to source and buy and procure manually and automate the entire process. Anywhere from creating the eRFQ by multiple people using collaboration, having engineers and other type of business people within the organization, create this RFQ, automate it and then have it, bring it on line for their suppliers to bid for the merchandise. Now, bidding is not just dollar pricing anymore.
People can bid today on different variables.
They can bid on delivery terms, warranty, or any type of variable attributes that are part of this merchandise or services that people are trying to procure. What I was describing was specifically the reverse auction, the RFQ, which is a long, kind of detailed process in which we're automating. On the forward auction it's mainly the liquidation and asset recovery. Again, we're automating the process and we giving people the ability to have more bidders, more brokers, more liquidators coming and participating in those bidding events, because they can scale it online a lot larger than doing it manually. It's going to drive some prices down on the reverse auction.