Procurement Information

LexisNexis Risk Solutions announced its global alliance with POOL4TOOL, a leading procurement software vendor, to provide data that will help reduce supply chain risk and deliver world-class compliance management tools. POOL4TOOL specializes in facilitating communication between systems and is among the leading solution providers on the international market, due to its high level of Enterprise Resource Planning (ERP) integration capabilities. For LexisNexis ... Read More »

Subscription revenue up 5% to $5.6 million compared to Q2 2015 Total revenue increased 2% to $6.0 million compared to Q2 2015 Strategic Account Annual Contract Value (ACV) increased 5% to $17.4 million vs. Q2 2015 Annual Contract Value per Client (ACVC) up 10% to $7,590 vs. $6,883 in Q2 2015 Adjusted EBITDA of $439,000 in Q2 2016 compared to $653,000 in Q2 2015 ** Net Loss of $125,000 in Q2 2016 vs. net income of $80,000 in ... Read More »

Onvia Launches Next Generation Search Experience to Help Vendors Uncover Additional Government Contracting Opportunities Onvia 7 is a major upgrade to Onvia’s core platform and is immediately available to Onvia’s customer base of over 3,000 clients doing business in the public sector. Onvia 7 offers a next generation search experience to Onvia’s clients to help them discover more relevant business opportunities ... Read More »

Panjivas’s Josh Green Named a “Pro to Know” for Commitment to Supply Chain Transparency Josh Green, Co-founder and CEO of Panjiva was recently named a “Pro to Know” by Supply & Demand Chain Executive for his contributions in bringing transparency to the global supply chain. Supply & Demand Chain Executive recognized Josh and the entire Panjiva team for pushing the boundaries of how ... Read More »

Panjiva announces the launch of Panjiva’s Network View tool, a detailed, interactive visualization of trade networks.  The tool provides the fastest and easiest way to get a snapshot of a company’s entire trading network. To view the interactive networks, simply visit any Panjiva profile with customs data and click on the ‘Suppliers’ or ‘Customers’ tab and select the Network View ... Read More »

ABC Germany, a German B2B supplier search engines, was sold by BISNODE to the Dutch Avant Invest B.V. in June of 2012.  Little is known about ABC’s progress under the new ownership.  The ABC website lacks transparency, an essential element in business transactions. ABC advertises the following product lines as per the ABC website. ABC for Sales:  As a sales ... Read More »

Onvia, the leading provider of intelligence for companies to win more government business, announces Onvia 6, an exciting new release that enhances the user experience and improves workflows. Read More »

The latest report from Outsell Inc. estimates that the total information industry grew by 3.3% in 2012 to US$506 billion.  The growth of the credit & financial information segment grew by 6%.  The company information segment grew also by 6%.  We have added this as a benchmark to our earnings growth chart above (see green bar). Read More »

BIIA member Panjiva is proud to report that it has recently expanded its coverage of suppliers in the Western Hemisphere.  It added 50 million shipping records, covering trade in and out of several Latin American countries, to the Panjiva platform. Through our partnership with ThomasNet, Panjiva users access to over 500,000 suppliers in the United States. On China:  Josh Green, CEO of ... Read More »

Onvia reported 2012 revenue down 5% to $22 million vs. $23.2 million in 2011.  Fourth quarter revenue declines 1% over same period last year. Gross margin at 84% in both 2012 and 2011. Adjusted EBITDA decreased to $3.0 million vs. $3.8 million in 2011.  Annual Contract Value grows 2% to $18.8 million. The company stated that revenues are a lagging ... Read More »

Bisnode reported 4th Quarter 2012 revenues of SEK 1,051 million, a decline of 9.8%.   Operating income increased to SEK 125 million, up 18% from prior year period.  Operating margin improved to 12.2% up from 9.1% from prior year. For the full year Bisnode’s revenues were SEK 3,935 million, a decline of 7%.  Operating income increased to SEK 511 million, ... Read More »

Spend Matters PRO started to feature a series on the evolution of the e-invoicing and related supplier network markets, including buying trends that may emerge in 2013.  One of these analyses was more subjective than others, and featured a review of why it believes the time is right for procurement to take a more serious look at making a run ... Read More »