 |
 |
|
|
ContractorHub.com Launches Online Bidding System for Contractors in New Release
Invitation to Bid System, Enhanced Usability and Graphics Highlight Release
Washington, D.C. – A/E/C Systems 2000 – June 7, 2000 – ContractorHub.com today released version 1.2 of its business-to-business (B2B) e-marketplace for the construction industry, expanding capabilities for general contractors and bringing next-generation usability refinements. Front-and-center in this new Hub is a comprehensive Invitation to Bid system that streamlines real-world construction project bidding activities. The release also includes graphical improvements and usability enhancements, boosting efficiency for the thousands of contractors, subcontractors and suppliers using the Hub. New visitors to the Hub will find a quick and easy Tour the Hub demonstration of ContractorHub.com’s comprehensive e-procurement solution, which automates the complete procurement process, from Request for Quotation (RFQ) through fulfillment and online payment.
“ContractorHub.com’s Invitation to Bid solution goes well beyond most competing systems that only send and receive bids to facilitate the entire bidding process,” says ContractHub's President and CEO. “Our system additionally offers Communications and Addenda Management features that support the requests for information "[Q&A]" and negotiation activities germane to the process.”
Designed by construction industry professionals, the new Invitation to Bid system makes managing the bid process easy and clear. Users can prepare and distribute bid packages for services or spec items, receive and respond to logged "[Q&A]"s and incorporate the many changes that occur along the process. Like the Hub’s e-procurement system, the Invitation to Bid system enables the user to build highly specific private networks of existing business partners or utilize a broad public network.
“The rapid adoption of our exchange system for e-procurement prompted this second wave of continuous improvements that will not only reduce costs and improve efficiencies for our contractors and suppliers,” says the Hub's CEO, “but also continue to provide the depth of capabilities required to truly enhance the e-procurement process.”
Influenced by feedback from users, the Hub’s e-procurement system offers major improvements in ease of use and navigation. The Hub’s exchange e-procurement workflow—which flows between the buyer and seller, RFQ to Quote to PO to Invoice to payment—has been further streamlined for intuitive navigation within and between process steps. Inputting data is fast, with features such as drop-down calendars for setting project milestone dates and a QuickList for viewing lists of jobs, RFQs, invoices, "[Q&A]"s, etc.
ContractorHub.com’s new-generation e-marketplace for construction is online today at www.contractorhub.com.
About ContractorHub.com
ContractorHub.com is a B2B e-commerce exchange that improves the procurement and invitation to bid processes for the construction industry. ContractorHub.com’s comprehensive exchange gives contractors the most efficient method for procuring materials and services. For suppliers, wholesalers and manufacturers, ContractorHub.com provides access to an established customer base. Since its inception in 1999, ContractorHub.com has attracted a core group of general contractors, large subcontractors and suppliers. For more information, please visit ContractorHub.com on the World Wide Web at www.contractorhub.com.
###
ContractorHub.com is a trademark of ContractorHub.com. Other brands and product names are trademarks of their respective owners.
|
|
|
