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RBS is the acronym of Reverse Bidding System. RBS is a free software Licensed under GPL(General Public License)Published by free software foundation. You can use RBS as a bidding system where buyers can post their requirements and sellers can post their bids, along with their expertise. The buyers and sellers may range from real estate contractors, sub contractors, B2B, B2C, procurement, service providers, webmasters, government agencies.

RBS allows anyone to run a professional site like only large companies could until now. How it works is that people looking for freelance work (“sellers”) signup, and companies (“buyers”) looking for professionals post their projects on your site. Freelancers bid on the projects, the buyer picks the bid he likes, and the project begins. You can take any commission you want based on the bid amount! It’s a lot like an auction, but the buyer has more control over it. All you have to do is promote the service. Absolutely everything else is done by the script, even money deposits! This type of service often gets people coming back to use it several times, it has the potential to grow very quickly… And that statement is based on facts, because this script has been running on CogzidelLance.com and it works great.

The buyers and sellers may range from real estate contractors, sub contractors, B2B, B2C, procurement, service providers, webmasters, government agencies and much more.

i-Net Freelance script facilitates this with the service buyers being able to post their buying requirements and the service providers being able to place their best bids in order to get the job. Powered by the PHP/MySQL combination, this is a freelance auction script designed with all integrated tools useful for rapid deployment of a viable solution for freelance auction script needs. Easy to manage and very simple to deploy, the i-Net Freelance script comes with a web-based administrative panel and has the capabilities to manage users, financial transactions, categories and all relevant aspects of the system, all with a few clicks of the mouse. The script also comes with a built in accounting system which helps to monitor earnings, monitor transactions, choose payment solutions and set commission rates or a flat fee chargeable to freelancers and webmasters both. The system also facilitates payment to freelancers after they successfully finish a job.