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ProcurePort announces the launch of http://www.woodbrowser.com, a unique reverse auction marketplace that brings buyers and sellers together in the lumber industry
Date:9/5/2013

low">Reverse Auctions and Forward Auctions
-Ability for buyer and seller to conduct private invitation only auctions
-Integrated payment facility using credit cards as well as ACH

Because ProcurePort’s web-based E-Marketplace Software does not require expensive and time consuming setup or integration, many of ProcurePort’s customers realize an immediate return on their investment. “This on-demand model is much more affordable than other alternatives and allows startups to benefit from the same online procurement technology that was previously only available to large corporations,” explains Smith, a senior director at ProcurePort. The success of online E-Marketplaces in niche vertical’s is predicted to grow significantly over the next decade as Startups (such as http://www.woodbrowser.com) and other organizations implement unique marketplaces to bring buyers and sellers together for a specific product or service category.

Founded in 2001, ProcurePort has expanded its service offering from discrete online auction tools to complete on demand sourcing solutions including providing sourcing and spend analysis services. ProcurePort added its online marketplace solution in 2008, which can be customized to launch E-Marketplaces in vertical specific "B to B" and "B to C" markets. Since the company’s formation, its operations have expanded from a single staff member to 84 technology and procurement professionals.

About ProcurePort
ProcurePort is a leader in providing on-demand e-sourcing software (Reverse auction software / Spend analysis software / E-Marketplace software) and services (Reverse
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