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Thursday, September 30, 2010

The Receivables Exchange: An Auction Success Story from New Orleans

The end of an era...Image by ~vivian~ via Flickr

Have you heard of the Receivables Exchange? It has a very innovative business model that is garnering the start-up from New Orleans a great deal of well-deserved media attention. The firm just won a Technology Innovation Award from The Wall Street Journal. You can read the full story at the link below:

http://online.wsj.com/article/SB10001424052748703904304575497473735761294.html

You can watch a CNBC interview with founder Nic Perkin below:



As well as a local (WWL-TV) interview with the company's executives below (more detail than the CNBC story!):



and view a corporate demo of how the company's receivables marketplace works below:

http://www.receivablesxchange.com/how_it_works/demo_video.html

Congrats to the company, and check them out for your own business! Glad to have them here in New Orleans!

David

From the Reverse Auction Research Center: http://reverseauctionresearch.blogspot.com/
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