Auction Techs Unveils Auction Techs 5.0: The Ultimate Auction Management System

Auction Techs Unveils Auction Techs 5.0: The Ultimate Auction Management System


Three Bridges, NJ - September 22, 2023


Auction Techs, a leading innovator in auction software, is thrilled to announce the release of Auction Techs 5.0, a game-changing upgrade to its platform. This release introduces a robust Auction Management System, providing auction houses with powerful tools to streamline their operations, enhance bidder experiences, and boost overall efficiency.


Auction Techs 5.0 comes packed with a comprehensive suite of features, designed to meet the evolving needs of auctioneers, consignors, and bidders. The highlight features of Auction Techs 5.0 include:


  1. Invoicing: Streamline the invoicing process with customizable templates, automated calculations, and payment options.

  2. Consignor Management: Simplify consignor relationships by efficiently tracking consignments, commissions, and payouts, ensuring transparency and trust.

  3. Tax Management: Stay compliant and manage tax-related information effortlessly, reducing the risk of costly errors.

  4. Inventory Management: Easily catalog, categorize, and manage inventory items with user-friendly interfaces and customizable fields.

  5. Payment Gateways: Expand payment options with seamless integration of multiple payment gateways, providing flexibility to bidders.

  6. Advanced Reporting: Access insightful, real-time reports and analytics to make data-driven decisions and maximize auction performance.

  7. Onsite Bidder Management: Enhance the onsite auction experience with tools for bidder registration, paddle assignment, and real-time bid tracking.


With Auction Techs 5.0, auction houses and businesses can expect to:


  • Improve operational efficiency by reducing manual tasks and automating key processes.
  • Enhance bidder engagement and satisfaction with a seamless bidding experience.
  • Increase revenue through more accurate invoicing, inventory management, and reporting.
  • Simplify tax compliance, minimizing risks and audit concerns.


Auction Techs Founder, Larry Garafola, expressed excitement about this milestone: "Auction Techs 5.0 represents a significant leap forward in auction management technology. We've listened to our customers and created a platform that empowers them to run more successful auctions while simplifying the complexities of managing an auction business. This release reaffirms our commitment to innovation and customer satisfaction."


Auction Techs 5.0 is available now. For more information, a product demo, or to upgrade your current subscription, please visit


About Auction Techs


Auction Techs is reinventing the online auction landscape with the service and support from a team of people you have trusted for over 25 years. Auction Techs has assembled a team of pioneers from the Marketplaces and Software Industry to provide auctioneers with cutting-edge and patented technology on the market.


We are disrupting the auction industry by giving back control to the auctioneer and allowing them less reliance on the Marketplaces. We understand the need for auctioneers to own their own data, have their own bidder base and have full control of how they operate their auctions.


We have incorporated all the software needs required by an auction company into one system. We are a single source provider offering website design, auction software, auction management software, ecommerce, mobile apps, social media, email marketing, text message and voicemail marketing all under one system. Auctioneers and their staff have one Auctioneer Dashboard to access to control and manage their day to day task. We have created a cost effective solution to simplify the technology needs of an auction company.


We strive to provide cutting edge technology, superb customer service and support that is absent in the auction technology industry. Auction Techs bidder and data policy has proven to be a strong attraction to auctioneers along with its Code of Ethics not to compete with auctioneers. Auction Techs is altering the way auctioneers utilize technology to run their auction business by providing an all in one solution for their auction and marketing needs.


For any questions, suggestions, feedback or comments, please email us at


Auction Techs mission is to give back control to the auctioneer and ease the work load for its staff and we stand by our stated Code of Ethics not to compete with our clients.