Single Reverse Auction Solution Now Available for Commodity to Complex Buys

Industry Leaders FedBid and EASi partner to maximize Buyers’ purchasing power

VIENNA, Va.--()--FedBid, Inc. and Electronic Auction Service, Inc. (EASi), two leaders in marketplace buying and reverse auctions, have joined forces to provide a complete, full spectrum solution to procurement professionals in every market. For the first time, professional buyers have one place for a reverse auction solution to manage purchases from $3,000 to $300M and more. Whether purchasing a commodity product or service, or a complex multi-line bid with many variables, buyers now have access to proven competitive pricing tools and best-in-class sourcing consultants, all without incurring any risk or direct costs.

FedBid, a web-based marketplace for business-to-government e-commerce, specializes in procuring commodities and simple services. Meanwhile, EASi, an e-sourcing software and procurement-consulting firm, excels at managing multifaceted bids comprised of multiple line items and complex procurement procedures. This new combination of complementary strengths means that clients of both service providers can now enjoy one simple solution for all of their procurement needs.

“The two companies just fit together,” said Ben Koberna, CEO of EASi. “This partnership is just a natural evolution in providing better support to our customers.”

“It’s never a good thing to say no to a customer,” said Louis Schiavone Jr., Senior Vice President at FedBid. “Now we don’t have to! We can provide our accounts with complete reverse auction coverage from a single point of contact.”

As a result of this partnership, it’s never been simpler to get competitive pricing, integrate existing purchasing practices, process essential documentation and maintain transparency, all with the full support and service of a dedicated team of expert procurement consultants.

Now there is a way to manage all of your spend.

Maximize Your Purchasing Power

State and local governments are under increasing demand to do more with less in order to provide the services and support residents and local businesses need to thrive—and drive their local economies.

Managing Competition, Transparency and Savings

Every year, organizations make millions of purchases that are too small to be handled by large organizational spend management initiatives or seemingly too large and complex to use reverse auction services.

About FedBid, Inc.

FedBid is the fully-managed online marketplace for governments and businesses on the move. By creating a new world of "FedBidable" commerce, where the principles of transparency, fair access, and healthy competition prevail, FedBid empowers its Buyers, giving them the purchasing power and essential control they desire, and Sellers by giving access to real opportunities, freeing them up to focus on advancing their organizations forward. To see how planned buys stack up to similar buys competed in the marketplace, sign-up for a complimentary Buy-to-Buy Cost Analysis today.

FedBid — Better Buying | Smarter Selling®

About Electronic Auction Services, Inc.

Electronic Auction Services, Inc. (EASi) is a technology procurement solutions firm that utilizes both hosted software and professional consulting to provide a unique and focused approach to private and public procurement and its challenges.

Contacts

FedBid, Inc.
Andres Mancini, 703-839-7008
Andres.Mancini@FedBid.com
or
Electronic Auction Services, Inc.
Andrea Musarra, 330-915-2837
amusarra@eauctionservices.com

Contacts

FedBid, Inc.
Andres Mancini, 703-839-7008
Andres.Mancini@FedBid.com
or
Electronic Auction Services, Inc.
Andrea Musarra, 330-915-2837
amusarra@eauctionservices.com