Line-by-Line – Prices and data

Novitio introduces a robust line-by-line pricing system that enhances transparency, simplifies asset management, and ensures compliance across all transactions. This feature is central to streamlining the post-deal process and provides the foundation for advanced analytics and traceability.

CLARITY IN VALUATION

Both buyers and sellers have a clear understanding of the agreed value for each item in the transaction, minimizing ambiguity.

EFFICIENT RECLAMATION HANDLING

In the event of reclamations (e.g., equipment not functioning as expected), the predefined line prices make it easy to identify the value of the affected items. This eliminates disputes and accelerates resolution.

Data Foundation for Compliance and Insights

The line-by-line pricing system is integral to creating a robust foundation for other key features on the platform:

1 TRACE COUNTRY DATA

Buyers also input the final destination country for each asset line. This traceability ensures compliance with environmental and regulatory standards, particularly by preventing shipments to restricted regions (e.g., T6 countries).

2 COMPLIANCE CERTIFICATE

The detailed pricing and traceability data feed directly into the compliance certificate, which provides evidence of ethical and transparent practices, including exposure to multiple buyers and adherence to legal standards.

3 DATA AND ANALYTICS

Every line price and associated traceability data are stored in Novitio’s system, creating a valuable database of market trends and pricing behaviors. This information allows businesses to make data-driven decisions and understand historical pricing dynamics.

Transparency and Efficiency

By incorporating these features, Novitio eliminates manual back-and-forth communication typically associated with asset pricing disputes. Sellers can trust that their assets are valued fairly, while buyers gain confidence in a transparent and structured transaction process.

A New Standard for IT Asset Trading

The line-by-line pricing and data approach exemplifies Novitio’s commitment to compliance, efficiency, and sustainability. By combining precision, traceability, and transparency, it sets a new standard for IT asset trading, ensuring that every transaction is conducted ethically and efficiently while fostering trust among all parties.