WhyAbe.com Receives Rave Review from Procurement Blog SpendMatters.com
“I have no doubt that many middle market companies -- and even laggard Fortune 500 companies that have not adopted category and process driven sourcing platforms -- will gain a tremendous benefit from using free tools such as WhyAbe.com” says, Jason Busch, editor of SpendMatters.com.
WILLOW GROVE, Pennsylvania – November 8, 2006 – Millions of potential companies can now benefit from WhyAbe’s Free Reverse Auction and Free RFX tools offered on its commerce site, www.WhyAbe.com. “I have no doubt that many middle market companies -- and even laggard Fortune 500 companies that have not adopted category and process driven sourcing platforms -- will gain a tremendous benefit from using free tools such as Why Abe” says, Jason Busch, editor of SpendMatters.com.
WhyAbe.com offers free electronic commerce tools for buyers and sellers. With the addition of Free Reverse Auctions, buyers can now create reverse auction events and choose whether they want the competing suppliers to see their rank for the listing, or the lowest bid price received. Buyers can invite suppliers to attend their events through the database of existing registered suppliers or they can invite their own suppliers by using their supplier’s email addresses. Once registered, buyers also have the capability of emailing multiple suppliers questions directly from the site in one simple step. Buyers have the option to list their RFX’s or Reverse Auctions as public or private. Private listings can be viewed only by people that are invited to participate.
Further on in the review, editor Busch states “For users, I have no doubt Why Abe will prove invaluable for middle market companies who are behind the e-sourcing times and are looking for a simple platform to automate basic sourcing and quoting activities. Larger companies might even adopt it on an ad-hoc project basis as well”. In his criticism of the site, Jason goes on to say “These are more nits than anything else (and I could certainly go on if I wanted to). But seriously, the application is free, and there's no way one could expect it to compete with traditional applications on a feature basis”.
Most e-sourcing platforms require a large ramp-up period and/or a large deployment budget often mitigating any cost savings opportunities. WhyAbe is specifically designed to allow procurement professionals to do more in less time than conventional e-sourcing platforms. Buyers can easily monitor all of their activity through WhyAbe’s Dashboard feature which provides the history of all activity for all projects. This is especially important for companies that are trying to comply with Sarbanes Oxley.
WhyAbe.com is an automated collaborative marketplace that can be used by any organization in any industry. Registering and using the site is free. Obtaining value from WhyAbe is instant. There is no software to install or PC’s to configure. A computer equipped with the latest version of Internet Explorer or Firefox (download available free @ whyabe.com) provides immediate access to the comprehensive and user friendly tool. WhyAbe provides the tools necessary for procurement professionals as well as retail buyers to control costs, manage performance, ensure compliance and quickly deliver value. WhyAbe was designed so users would have a quick learning curve, and recognize benefits immediately.
SpendMatters.com is a business blog dedicated to giving insight into Spend Management. WhyAbe is the available for free on the web @ www.WhyAbe.com
