From the actual auction itself, is it fair in the essence of speeding things up to impose some sort of minimum bid rule? Say, you must start your opening bid at something around 30-60% of value?
We have not needed something like that. Occationally someone will open with a laughably low bid, but people just chime in and in a matter of seconds the bid is reasonable. I think you'll actually lose time if some one has to police if a bid is too low. But I can see how it might seem like this would be necessary; in practice people move the bid up quickly.
As far as keeping track of money goes, we have a spreadsheet that shows what everyone has (both players and money) projected onto a 12'x12' screen. But if no one can come up with a video projector, a draft board costs about $25 as I recall, and would also work well. Just make sure you have someone --not the auctioneer-- to keep it upto date.
Here's the spreadsheet that we use. If has validation, so you don't have to type in player names/positions. You have to select the position near the top left, then the drop down box will contain that position. It's setup for 2006. On the second page you can change the players:
There are other spreadsheets there as well. You want auctions.xls