Industrial News

The WhyAbe.com sourcing and contract management toolset was developed by Source One Management Services, LLC. The toolset offers free electronic procurement tools such as RFX, Reverse Auction & Contract Management for buyers and free commerce tools such as basic online stores for suppliers. The report issued by Gartner " profiles several small vendors that are delivering narrow-scope but highly innovative solutions."

"Our goal with WhyAbe was to disrupt the market for procurement tools. In my opinion, inclusion in the Gartner report will get businesses to take notice that there are viable alternatives to the large established software vendors", said Steve Belli, CEO of Source One.

Organizations that would like to experiment with sourcing technology can use WhyAbe to determine what works for them and what doesn't. Companies with limited applications budgets can take advantage of WhyAbe, without any up front expenditure. WhyAbe offers a buyer and supplier network as opposed to the social network offered by Facebook.

"WhyAbe.com and Source One Management Services, LLC (www.sourceoneinc.com) have had many inquiries from businesses discovering Reverse Auctions and electronic Request for Proposal Management." Explains Steven Belli, CEO Source One. Unlike any other tool or website, WhyAbe.com, requires no financial investment from buyers or suppliers. 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, which provides the history of all activity for all projects. This is especially important for companies that are attempting to obtain Sarbanes Oxley compliance.

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 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.

WhyAbe is the available for free on the web @ www.WhyAbe.com

About Gartner's Cool Vendors Selection Process
Gartner's listing does not constitute an exhaustive list of vendors in any given technology area, but rather is designed to highlight interesting, new and innovative vendors, products and services. Gartner disclaims all warranties, expressed or implied, with respect to this research, including any warranties of merchantability or fitness of a particular purpose.

Gartner defines a cool vendor as a company that offers technologies or solutions that are: Innovative, enable users to do things they couldn't do before; Impactful, have, or will have, business impact (not just technology for the sake of technology); Intriguing, have caught Gartner's interest or curiosity in approximately the past six months.

About Source One Management Services, LLC
For over 15 years, Source One has been providing on-demand resources to help companies realize rapid and sustainable savings in over 100 categories of procurement. Engagements may include strategic sourcing, spend analysis, spend management, identification of alternate suppliers, market and supply research, RFP management, price and terms negotiations, contract recommendations, project management and implementation. Source One also owns and operates the free procurement tool website, www.WhyAbe.com, which provides free RFX and Reverse Auction Tools, Contract Management, and Stores for suppliers. In order to best service their clients, Source One provides flexible fee options for their consulting services. Clients can choose between contingency (gain sharing) based, fee for service or a hybrid. For more information, visit www.SourceOneInc.com or call 215-902-0200.