SYNETIQ launches new auction platform

SYNETIQ has launched a brand-new auction platform – developed inhouse and utilised by many of UK's salvage agents.

SYNETIQ's new auction succeeds the current SalvageMarket version, which has been in use for the last nine years. Although user subscription fees remain unchanged, the look, feel and capabilities will be completely transformed.

Users can now see more information when viewing items, due to the Specification Data feature. From engine power to optional extras, this information can be vital for users when making an informed decision while bidding.

Proof of identification can now be uploaded via an online portal, replacing the outdated manual process currently in place. This new process is also more secure, helping agents to remain GDPR compliant.

Another new feature is Bundle vehicles; these items are split into segments. Users can simply bid on the vehicle sections they require, such as engine and gearbox or seats and door cards.

The old site ran on older technology which is no longer supported. The new site is designed to scale up with demand, breaking away from the limitations of the old one.

SYNETIQ worked closely with many agents ahead of the switchover, providing extensive training and Q&A sessions. Developments and improvements will continue throughout 2020.