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Total Cost Management Overview The objective of Nonprofit Marketplace is to create a system that will enable nonprofits to realize the savings that result from total cost management.
Combining the spending levels of the largest and the smallest nonprofits over one primary marketplace will:
- Maximize volume and savings for each of the groups individually
- Remove the significant investment necessary for individual organizations to create and support a technology and procurement management system of this type to allow for maximum savings
- Allow for the maximum return on investment for the small amount of time and fees involved in the launch process.
The platform itself enables better management of the procurement process from “purchase to pay”, saving valuable time and operational costs.
Nonprofit Marketplace, powered by IBM, employs world-class vendor sourcing and support with a Fortune 500 procurement software platform. These two keystone elements, combined with exceptional IBM project management, provide a system for purchasing that the largest companies in America now enjoy, with vendor contracts that guarantee savings on the items that organizations purchase every day.
With Nonprofit Marketplace, these elements can be delivered to nonprofits at a fraction of their "off-the-shelf" cost.
Read the complete overview, including benefits of the system, the opportunity for nonprofits, and more.
Read our new case study, "The New Alchemy of Nonprofit Purchasing: Transforming Expenses into Savings with Technology." (PDF)
Read our recent press in The Financial Times.
Contact Us Rochelle McAllister Business Development Manager
Nonprofit Marketplace E-mail: rmcallister@gcn.org Phone (direct): 678-916-3006 Outside Atlanta: 800-959-5015 Fax: 404-521-0487
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