BuyerZone.com Strikes Deal With PENgroup.com; Premier Online Small Business Marketplace Now Includes Internet-based Best Practice Solution For Procuring Consulting Services.Business/Technology Editors CAMBRIDGE, Mass.--(BUSINESS WIRE)--March 6, 2000 BuyerZone.com, the world's premier online marketplace for small to mid-sized businesses, has partnered with PENgroup.com to offer BuyerZone.com users consulting procurement The fancy word for "purchasing." The procurement department within an organization manages all the major purchases. services. This agreement extends the market reach of PENgroup.com while at the same time expanding the services offered by BuyerZone.com. Since 1992, BuyerZone.com has been serving the business management needs of small businesses through its powerful combination of unique, value-added and independent buyer guides coupled with online purchasing and price quotation tools that together provide a superior guided buying experience for small businesses. BuyerZone.com has enlisted more than 10,000 suppliers to create a network that fulfills a comprehensive range of business needs - from benefits packages to office equipment. Within BuyerZone.com's Professional Services (job) professional services - A department of a supplier providing consultancy and programming manpower for the supplier's products. category, PENgroup.com helps to round out the service offering with a network of over 1,300 consulting firms Noun 1. consulting firm - a firm of experts providing professional advice to an organization for a fee consulting company business firm, firm, house - the members of a business organization that owns or operates one or more establishments; "he worked for a -- pre-qualified to dramatically reduce the risks associated with procuring consulting services Noun 1. consulting service - service provided by a professional advisor (e.g., a lawyer or doctor or CPA etc.) service - work done by one person or group that benefits another; "budget separately for goods and services" . Now, small businesses can log on to BuyerZone.com and rapidly find the right consulting firm for their specific needs. "PENgroup.com and BuyerZone.com fit naturally together into a robust package that both simplifies and improves the quality of the small business operations Business operations are those activities involved in the running of a business for the purpose of producing value for the stakeholders. Compare business processes. The outcome of business operations is the harvesting of value from assets management experience," noted Brenda Chin Hsu, president and chief executive officer of BuyerZone.com. "Businesses today need access to a range of products and services that are delivered in ways that meet individual needs and ensure long term success. Both BuyerZone.com and PENgroup.com deliver on that promise, and use the power of the Internet to offer value to small businesses everywhere." Since launching online in 1997, BuyerZone.com has enabled more than 2 million small businesses to make informed purchase decisions. BuyerZone.com has strategic alliances with leading Internet sites and media companies, including AOL (A division of Time Warner, Inc., New York, NY, www.aol.com) The world's largest online information service with access to the Internet, e-mail, chat rooms and a variety of databases and services. , Business Week, CompuServe, Entrepreneur Magazine Entrepreneur Magazine is a publication that carries news stories about entrepreneurialism, small business management, and business opportunities. This magazine is published monthly, with a total of 12 issues annually. (No special extra issues are published. , Inc.com, Inc. Magazine, Intuit in·tu·it tr.v. in·tu·it·ed, in·tu·it·ing, in·tu·its Usage Problem To know intuitively. [Back-formation from intuition. , MSNBC MSNBC Microsoft/National Broadcasting Company , and Netscape Netcenter, to expand the reach of its offering to the fast-growing market of business owners and purchasing managers A Purchasing Manager is an employee within a company, business or other organization who is responsible at some level for buying or approving the acquisition of goods and services needed by the company. at companies with fewer than 100 employees. "Partnering with BuyerZone.com was a logical move for PENgroup.com," stated David M. Gold, chief executive officer of PENgroup.com. "Our mission is to provide all businesses a way to reduce costs and improve the quality of their consulting engagements. BuyerZone.com is also focused on how to improve the decision-making process while reducing cost, so our agreement results in a clear benefit for business decision-makers." About BuyerZone.com BuyerZone.com is the world's premier online purchasing marketplace for small to mid-sized businesses, combining the most comprehensive decision support with the industry's leading purchasing management and eCommerce tools. The company delivers a guided buying experience that empowers customers to easily evaluate and quickly make the right purchases for all their business needs. BuyerZone.com's vast network of more than 10,000 suppliers provides customers with access to the broadest range of technologies, office equipment, supplies, and business services across the widest range of price points. Since the launch of its Web site in 1997, BuyerZone.com has influenced the buying decisions of more than 2 million small and mid-sized business customers, and in the past twelve months, the company has assisted the purchase of more than $2.5 billion in goods and services In economics, economic output is divided into physical goods and intangible services. Consumption of goods and services is assumed to produce utility (unless the "good" is a "bad"). It is often used when referring to a Goods and Services Tax. . Buyerzone.com is accessible for free at www.buyerzone.com and through leading small business portals on the Internet. About PENgroup.com PENgroup.com's Expert Marketplace is revolutionizing the way organizations procure To cause something to happen; to find and obtain something or someone. Procure refers to commencing a proceeding; bringing about a result; persuading, inducing, or causing a person to do a particular act; obtaining possession or control over an item; or making a person consulting services. By integrating a best-practice process of web-based procurement tools with performance data on consulting firms, PENgroup.com is dramatically reducing the time and risk associated with obtaining consulting services. The company empowers business clients to identify, evaluate, qualify and competitively select consulting firms more efficiently and effectively than ever before. PENgroup.com is the best resource for procuring consulting services with access to over 1,300 pre-qualified affiliated consulting firms and more than 200,000 other firms. More than 130,000 business people are registered to use PENgroup.com's Expert Marketplace. PENgroup.com is a member of the SOFTBANK family and provided in cooperation with Dun & Bradstreet. For more information visit www.pengroup.com. Company, product and service names may be trademarks or service marks of others. |
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