Purchasing Services Selects Iasta for Online Bidding and Reverse Auction Technology

Monday, July 14, 2008

Purchasing Services is pleased to announce a new exclusive online bidding technology contract with Iasta, a software and global service provider of cost effective online requests for information, quotations and proposals. The Iasta tool will be used by Purchasing Services as a centralized repository for sourcing projects with an integrated document library and bidding templates that can be used by the campus community. We will also be using the tool for other functions such as managing the insurance certificate renewal process for our approved caterers.

The new online bidding functionality will enable Purchasing Services to further streamline its process for competitively bidding university-wide requirements and enable the distribution of online bid solicitation capability to designated users in the Schools and Centers. The expanded use of online bidding technology in Purchasing Services and the Schools and Centers will result in new cost savings and process efficiencies for the institution.

Please contact Vira Homick, Director of eBusiness, for more information on this new technology partner or if you are interested in utilizing this online bid solicitation technology for requirements in your School or Center.