Today's leaders recognize that maximizing the negotiated price for assets at time of disposition can significantly improve their working capital. The challenge is creating an efficient process that assists them in connecting qualified buyers with sufficient product information to enable a purchase decision. Selling methods like Fixed Price Catalogue, Progressive Markdown, and Traditional High-Bid Auctions would increase their asset disposition yields, but they lack both the tools and knowledge to implement. As a result, many items are consigned to clearance centers with a limited number of buyers or to spot market auctions with no reserve bids. Realized cash, is often pennies on the dollar and represents an inadequate return for asset disposal.

Northcore has the solution to these challenges with Asset Seller.

Since 2001 Northcore has enabled the world's largest and most progressive organizations to accelerate their sales with unprecedented effectiveness. Our web-based solution provides:

• Stronger brand equity since all transactions with end-users are completed directly from our customers' own branded websites
   
• Dealer and Channel priority, prior to being made available to qualified buyers
   
• Increased returns for surplus assets or products at the end of their lifecycle
   
• Higher returns on the value of perishable or time-sensitive products or services
   
• Improved inventory management
   
• Reduced cost of sales

CAPABILITIES
The Asset Seller solution supports the industry's most comprehensive array of transaction methods including: Ascending Price with Reserves (High Bid), Descending Price (Dutch Auction), Fixed Price, Progressive markdown, and Hybrid (a combination of different transaction methods) pricing models. This wide selection of transaction methods enables our customers to apply the most effective pricing strategy and generates the highest return.

Northcore also delivers shopping cart, catalogue, advanced reporting and secure financial settlement capabilities within a single online sales environment. The result is a comprehensive sales solution that accelerates the turnover of surplus assets and reduces the cost of sales.

Northcore delivers a comprehensive array of transaction methods within a secure online environment.

BENEFITS
Northcore's asset seller capabilities deliver a series of benefits that result in:

• Enhanced brand equity and improved relationships with customers - By powering transactions directly from our customers' web-sites, Northcore helps organizations build long-term relationships with their end-customers and strengthen the value of their brand.
   
• Improved sales processes - Northcore's advanced reporting capabilities allows organizations to improve their sales and marketing processes as a result of comprehensive data analysis and reporting. Northcore enables organizations to track user activity, monitor transaction history, determine sales margins and more.
   
• Increased speed to market - Through a rapid and proven implementation methodology, Northcore allows organizations to take advantage of on-line sales activities in weeks, not months common with other industry applications.
   
• Reduced cost of sales - By enabling customer self-service and automating the sales process, Northcore reduces the average cost of sale.
   
• Reduced IT investments - Our on-line disposition solution is available through a web-based business services model, resulting in no additional investments in IT infrastructure.
   
• Easy integration with existing information systems - By leveraging XML standards, Northcore enables complete integration with existing Enterprise Resource Planning (ERP), supply chain management and customer relationship management applications.

To explore how Northcore's asset management solutions can help your organization get more value from its capital equipment, please download a brochure, connect with us or schedule a demonstration of our capabilities.