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ContractorHub.com and ENI-Net.com Form Strategic Alliance to Serve the Environmental and Construction Industry
End-to-End E-Procurement Offers Substantial Cost Reductions and Gains in Efficiency
Seattle, WA – July 24, 2000 – ContractorHub.com and ENI-Net.com today announced a strategic alliance to provide a comprehensive e-procurement solution to the environmental and construction industry. This partnership brings together ENI-Net.com’s front-end sourcing, requisition and proposal system with ContractorHub.com’s approval, invoicing and payment technologies. The end result is hassle-free, efficient e-marketplace specifically designed for the environmental and construction market.
“Users of ENI-Net.com’s portal site today are saving up to 22% on their procurement activity and we see even greater gains in store with the addition of ContractorHub.com’s comprehensive e-procurement engine,” says Jay Fredkin, President and CEO of ENI-Net.com. “We’re very excited to bring our current and future customer base a one-stop solution that can bring total efficiency.”
ENI-Net.com is the leading provider for business-to-business (B2B) procurement services and solutions connecting buyers and suppliers in the environmental community. ContractorHub.com is the construction industry’s most comprehensive B2B e-marketplace, enabling a seamless procurement flow from cost-estimating systems through online payment.
“ContractorHub.com’s partnership with ENI-Net.com meets the environmental industry’s need for a complete, streamlined e-procurement solution,” says Karim Khoury, ContractorHub.com’s President and CEO. “Our invoicing, shipping logistics and online payment technologies round out ENI-Net.com’s front-end technologies to provide real business value to the procurement process.”
ContractorHub.com provides a robust e-procurement engine and Invitation to Bid system known as the Hub. ContractorHub.com seeks to remove the fragmentation inherent in today’s construction processes through implementation of new-generation Web technologies and industry alliances with leading technology and service providers. Contractors and suppliers substantially trim transactional costs and reap timesavings while leveraging traditional work processes, RFQ to delivery and payment. Savings can range from 15% price reductions on commodity items up to 90% time reductions for purchase order processing.
ENI-Net.com brings specifiers and buyers a web-based process to increase procurement efficiencies and reduce costs. Buyers use ENI-Net.com to locate, pre-qualify and solicit information and request proposals from suppliers of equipment and services. Updated daily, ENI-Net.com’s supplier information meets commercial, federal and overhead requirements. ENI-Net.com offers suppliers a targeted and cost-effective sales and marketing channel in addition to procurement process efficiencies.
About ENI-Net.com
ENI-Net.com is a leading business-to-business e-marketplace for environmental products and services used by industrial, environmental and related construction industrial organizations worldwide. By leveraging its extensive environmental products and services and supply chain management expertise with its exclusive supplier relationships and robust portfolio of e-procurement solutions, ENI-Net.com reduces customer procurement costs and increases user productivity. Additionally, ENI-Net.com provides suppliers a cost-effective sales and marketing channel. The company's e-procurement solutions are distributor-neutral and can be customized and seamlessly integrated with its customers' enterprise systems. ENI-Net.com is headquartered in Newton Centre, MA, with offices in Austin, Denver, Raleigh, NC and Gainesville, FL. For more information about ENI-Net.com, please visit www.eni-net.com or call 800-853-7130.
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 Hub provides contractors the most efficient method for procuring materials and services. For suppliers, wholesalers and manufacturers, ContractorHub.com opens access to an established customer base. Since its inception in 1999, ContractorHub.com has attracted a core group of thousands of general contractors, large subcontractors and suppliers. Headquartered in Kirkland, WA, the company has offices in Los Angeles, San Francisco, Houston and Atlanta. For more information, please visit ContractorHub.com on the World Wide Web at www.contractorhub.com. The company can be reached at 253.856.0823.
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ContractorHub.com is a trademark of ContractorHub.com. Other brands and product names are trademarks of their respective owners.
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