RealTime IT News

Firmbuy Launches B2B E-Purchasing Service

Firmbuy Inc. in conjunction with iPlanet E-Commerce Solutions, a unit of the Sun-Netscape Alliance, launched a B2B e-purchasing hosted procurement solution aimed at medium-sized companies.

Firmbuy said it manages and maintains standardized electronic catalogs containing over two million items from more than 7,000 manufacturers.

Firmbuy says it recognizes the significant investment and implementation barriers to procurement automation for mid-sized companies, and therefore provides a full-service hosted solution without the capital investment, subscription fees or transaction costs.

Firmbuy's secure Web-based e-purchasing infrastructure was designed and developed in conjunction with iPlanet E-Commerce Solutions through a strategic relationship between the companies.

Firmbuy's solution utilizes the scaleable iPlanet software along with Sun Microsystems hardware.

"Firmbuy is coming to the business-to-business market with the right service at exactly the right time," said Steve Savignano, senior vice president and general manager of the iPlanet E-Commerce Applications Division.

"For the first time, this extremely powerful procurement technology is meeting the needs of an important segment of the e-purchasing market which, to date, has been unable to afford it."