Online Auctioneers

eSyll has assisted financial institutions, corporations and government departments for over 40 years in providing value to their surplus or idle capital assets. With over 31 locations throughout North America, Asia-Pacific and Europe, eSyll Online Auctioneers uses the power of the Internet as well as generations of expertise to provide a variety of solutions for asset disposition. Many companies have surplus or idle capital assets, like machinery, that freeze up their capital. By making use of eSyll’s Managed Services (EMS), these stockpiles can become a source of revenue for companies instead of occupying warehouse space and eating into capital.

Over and above being online auctioneers, eSyll has Managed Services that can help companies to find new value in used or surplus stock. The Surplus Asset Management program is made up of a number of different services, one of which is web-based. This programs works on the basis of making assets in the company visible. In most cases, surplus or idle stock is unaccounted for and is therefore not made visible throughout the entire enterprise. Trained DMS staff work with the company’s representatives to identify these assets and record them in a surplus inventory. Regular site visits ensure that this inventory is up-to-date and complete. A company with idle lab equipment, for example, would make a record of them on the system.

This lab equipment is therefore made visible throughout the organization such that a decision can be made as to whether they can be redeployed in another section of the company or if they should be externally disposed. The disposition can be made to an external market by means of a eSyll’s online auctioneers. eSyll also offers a complete evaluation service of your assets, in order to assist you in making the decision of redeployment or disposition.

For a company looking to purchase a specific piece of equipment, eSyll also offers a variety of value-added services for buyers. Webcast auctions broadcast live auctions with online auctioneers such that buyers worldwide can benefit from the auctions. For those buyers who are unable to view assets personally, eSyll offers Inspection Services. Through these services, a remote buyer can choose to make use of an experienced asset inspector to inspect and review any asset in order to assist with the purchasing decision.

Assets, such as office equipment and other machinery can also be viewed throughout the world by buyers, as they are digitally photographed and posted on the Internet to be sold by the online auctioneers. Another value-added service for both buyers and sellers is eSyll’s Transportation and Logistics Services. This service removes the concern of having assets shipped. eSyll has a network of pre-approved transportation specialists who will be able to assist buyers and sellers with shipping arrangements.