Archive Links

Consumer Archive
CU System Archive
Market Archive
Products Archive
Washington Archive
150x172_CUEffect.jpg
Contacts
LISA MCCUEVICE PRESIDENT OF COMMUNICATIONS
EDITOR-IN-CHIEF
MICHELLE WILLITSManaging Editor
RON JOOSSASSISTANT EDITOR
ALEX MCVEIGHSTAFF NEWSWRITER
TOM SAKASHSTAFF NEWSWRITER

News Now

Products
New purchasing process saves up to 32
TALLAHASSEE, Fla. (7/21/09)--Ventelligence, an automated tool to help credit unions streamline the buying process, recently facilitated several online auctions that saved credit unions 9% to 32% on products and services. Ventelligence staff gathered specifications and initial bids from credit unions. Vendors were then solicited to participate in a bidding process. The online auction provided an immediate 5% savings to the credit unions’ existing paper bid from their preferred vendor. Credit unions saved money on ATMs, computer equipment, cash recyclers and computer software licenses, said the Florida Credit Union League (FCUL) Service Group. Community First CU of Florida in Jacksonville saved 15% off its initial paper bid for computer equipment in the online auction, said President John Hirabayashi. Ventelligence is an FCUL Service Group partner. The FCUL Service Group is a wholly owned subsidiary of the Florida Credit Union League.


RSS





print
News Now LiveWire
Home prices rising faster than wages: @RealtyTrac #NewsNow #Market http://t.co/wa74mnw3Cu
1 hour ago
.@Nussle dropped by the @ACUMuseum recently. Read about his visit http://t.co/bYe8RRgYLP
2 hours ago
.@PCISSC issues new pen test guidelines for businesses to identify network vulnerabilities @CUinfosecurity http://t.co/ENeGTPSMjf
3 hours ago
#Georgia credit union parity bill awaits signature from @NathanDeal http://t.co/zbS4IZsOp6
4 hours ago
IRS @IRSnews to offer April 8 webinar on UBIT #NewsNow http://t.co/hZIHF5RbH4
4 hours ago