Archive for October, 2014
West Palm Beach, Fla. – NAI/Merin Hunter Codman, Inc., one of South Florida’s leading commercial real estate services firm, today announced that it has completed the pilot testing of the eBid eXchange technology platform that is expected to dramatically improve how commercial real estate supplier services and management contracts are selected. The e-procurement solution helps streamline procurement for materials, services, and construction related to property management to reduce the administrative time by over 60%. The system allows prospective vendors to self-register and submit electronic bids for contracts online, drastically reducing administrative work for vendors and NAI/Merin Hunter Codman’s property management professionals.
“Our property management e-procurement system is allowing us to increase competition for our clients’ materials and services procurement while cutting administrative time by over 60 percent,” said Jordan Paul, CEO of NAI/Merin Hunter Codman. “The result is incredible savings that are ultimately passed through to our building owners.”
“NAI/Merin Hunter Codman is a pioneer among property management firms,” according to eBid Systems President and Founder, Keith Jones. “We’re impressed with how the company embraced the approach and the technology to drive increased savings for their customers.”
eBid eXchange is a software-as-a-service by eBid Systems, a Washington state-based provider of e-procurement solutions (www.ebidsystems.com). The firm’s systems are used daily by over 300 procurement organizations in diverse fields including utilities, transportation, construction, and local government. NAI/Merin Hunter Codman entered into a pilot testing agreement with eBid Systems to prove e-procurement would deliver saving for property managers. During the pilot phase, Mr. Richard Havens, Director of Property Operations at NAI/Merin Hunter Codman, worked closely with eBid Systems to adapt eBid eXchange to meet the unique requirements of commercial real estate property managers.
To read the full press release, click here.