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AUCTION MANAGEMENT FUNCTIONALITY 
INTRODUCTION 
The main advantage of the auction system is that the user can have the varied 
classes for their investment, and through this system user can invest in their own 
selected firm. 
FUNCTIONALITY 
1) Live Bidding 
 This allows bidders to place bids at the same time as the auction is 
actually taking place. 
2) Absentee Bidding 
 Once visitors have found an item that interests them, they can leave a 
bid online. A simple bidding form on the item description page allows 
them to leave a maximum bid before the sale starts.. 
3) Bidder Contact and Invoicing 
 This feature enables you to contact winning bidders with customized 
emails or invoices within minutes of the auction close, avoiding the 
time-consuming task of invoicing. 
4) Administrator 
 He is the super user responsible for managing clients of the system, 
taking system backup, generating reports, maintaining organization 
details.
5) Manage Clients 
The Administrator assigns new users when a new client joins the 
auctioning. Also he can delete an account when any of the user leave 
the auctioning organization. 
6) Maintain Corporate Details 
 The Administrator maintains entire details of the Corporate that 
includes details of the Corporate Admin and its sub user’s details etc. 
7) Take System Backup 
 The Administrator Backup the database in order to prevent loss of data 
on system crashes. He can backup entire database or a particular section. 
8) Generate Reports 
 Responsible for checking the logs of different system users for auditing 
and maintaining the integrity of the system. 
REPORT GENERATED 
 Generate report of highest biding of each grain day wise, week wise, 
month wise. 
 Generate report of individual grain biding report. 
 Generate report of which grain is biding with maximum price by which 
merchant. 
 Generate logs report.

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Auction management module

  • 1. AUCTION MANAGEMENT FUNCTIONALITY INTRODUCTION The main advantage of the auction system is that the user can have the varied classes for their investment, and through this system user can invest in their own selected firm. FUNCTIONALITY 1) Live Bidding  This allows bidders to place bids at the same time as the auction is actually taking place. 2) Absentee Bidding  Once visitors have found an item that interests them, they can leave a bid online. A simple bidding form on the item description page allows them to leave a maximum bid before the sale starts.. 3) Bidder Contact and Invoicing  This feature enables you to contact winning bidders with customized emails or invoices within minutes of the auction close, avoiding the time-consuming task of invoicing. 4) Administrator  He is the super user responsible for managing clients of the system, taking system backup, generating reports, maintaining organization details.
  • 2. 5) Manage Clients The Administrator assigns new users when a new client joins the auctioning. Also he can delete an account when any of the user leave the auctioning organization. 6) Maintain Corporate Details  The Administrator maintains entire details of the Corporate that includes details of the Corporate Admin and its sub user’s details etc. 7) Take System Backup  The Administrator Backup the database in order to prevent loss of data on system crashes. He can backup entire database or a particular section. 8) Generate Reports  Responsible for checking the logs of different system users for auditing and maintaining the integrity of the system. REPORT GENERATED  Generate report of highest biding of each grain day wise, week wise, month wise.  Generate report of individual grain biding report.  Generate report of which grain is biding with maximum price by which merchant.  Generate logs report.