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Auction firms pair-up to deliver broader service.


Auctionpay, and cMarket announced a partnership that extends each company's ability to offer nonprofits a complete fundraising
"Contributions" redirects here. For information about the Wikipedia user contributions log, see .
Fundraising
 solution.

According to according to
prep.
1. As stated or indicated by; on the authority of: according to historians.

2. In keeping with: according to instructions.

3.
 the firms, more than 300,000 nonprofit A corporation or an association that conducts business for the benefit of the general public without shareholders and without a profit motive.

Nonprofits are also called not-for-profit corporations. Nonprofit corporations are created according to state law.
 auctions are held annually in the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. , raising $14 billion, cMarket and Auctionpay have complementary areas of expertise, and both focus solely on nonprofits. The two companies will work together to expand their menu of services, providing an integrated fundraising event, online, live or both.

Auctionpay's fundraising services include event management software, an online registration and donation service, and on-site on-site
adj.
Done or located at the site, as of a particular activity: on-site monitoring of a production run; an on-site film shoot.
 payment processing the day of the event. With online auctions powered by cMarket, Auctionpay now will provide its nonprofit clients a way to preview, track and sell their auction items online before, during and after a live event, and as an added year-round fundraising opportunity. Auctionpay will brand the cMarket product as Auctionpay Online Auctions. Products and services are available separately or as an integrated solution.

"The partnership with cMarket is a natural fit for us. By offering online auction services powered by cMarket, we can help our clients achieve greater fundraising success," said Steve Sterba, President of Auctionpay. "Our clients may choose to integrate an online component with their live event, adding a new dynamic dimension to the gala itself, or hold an online auction in their off-season to add a new fundraising event."

In addition, cMarket will promote Auctionpay's Online Processing services as the default credit card processing solution to cMarket online auction events.

"We are very excited about this partnership. Auctionpay has a strong foothold foot·hold  
n.
1. A place providing support for the foot in climbing or standing.

2. A firm or secure position that provides a base for further advancement.


foothold
Noun

1.
 in the live auction event space, and has created a unique and efficient system for the industry to raise much-needed funds," said Jon Carson, Chairman and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board.  of cMarket. "Auctionpay and cMarket's products combined create a very powerful solution for building mission awareness and raising funds."
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Article Details
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Publication:The Non-profit Times
Date:Sep 1, 2006
Words:302
Previous Article:Fundraising software ... Your money-making machinery.(SPECIAL REPORT)
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