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mdf Commerce Inc T.MDF

Alternate Symbol(s):  MECVF

mdf Commerce Inc. is a Canada-based company, which enables the flow of commerce by providing a set of software-as-a-service (SaaS) solutions designed to optimize and accelerate commercial interactions between buyers and sellers. It offers procurement, ecommerce and emarketplace solutions. Its emarketplaces connect buyers and sellers across multiple industries and offer transactional platforms that are safe, secure and increase their business performance. The eprocurement solutions are designed to ensure the required flexibility to respond to the specific needs of its clients and to connect them with supplier networks across North America. The ecommerce solutions serve the needs of businesses of all sizes by providing platforms and services ranging from ERP-connected all-in-one ecommerce solutions to commerce platforms specifically built for complex commercial ecosystems. It operates in Canada, the United States, Ukraine and China.


TSX:MDF - Post by User

Post by Betteryear2on Sep 13, 2021 8:37am
190 Views
Post# 33847580

extends eprocurement footprint in Canada eight new agencies

extends eprocurement footprint in Canada eight new agencies

MONTREAL, Sept. 13, 2021 (GLOBE NEWSWIRE) -- mdf commerce inc. (TSX:MDF), a leader in SaaS commerce technology solutions, today announced the onboarding of eight new agencies and municipalities to the Government of Newfoundland and Labrador’s (GNL) merx electronic procurement solution, strengthening its eprocurement leadership position in North America. First launched in November 2020, the quick and successful onboarding of additional agencies reinforces mdf commerce as a trusted partner for province-wide eprocurement solutions, which will soon be enhanced with the Periscope Holdings offering.

Since the onboarding of the GNL, more than 3,000 supplier organizations have accessed close to 900 solicitations with more than 1,000 bids submitted via the electronic submission option.

The end-to-end eprocurement platform offered by mdf commerce effectively manages and is designed to ensure that all bid opportunities from these agencies are competitive, fair and transparent while complying with all required public policies and legislation. Vendors benefit from self-serve profile management capabilities, timely notifications and a start-to-finish online submission. Virtual introductory sessions are available on-demand for those new to the system.

The latest agencies that joined are:

  • NL Provincial Health Shared Services Supply Chain, the supply chain lead for all commodities being sourced and undergoing contract on behalf of all Regional Health Authorities (RHAs) and the Newfoundland and Labrador Centre for Health Information (NLCHI).
  • WorkplaceNL, chief administrator of an employer-funded, no-fault workers’ compensation system.
  • The College of the North Atlantic, one of the largest post-secondary educational and skills training systems in Atlantic Canada with 17 campuses plus partner universities and technical colleges in China and Qatar.
  • Memorial University of Newfoundland (MUN), one of the top 20 research universities in Canada, representing 30 research centers, five campuses and more than 19,000 students. MUN, already a long-time mdf commerce customer, expanded their use of e-solicitation capabilities with the added efficiency of e-bidding.

New municipalities include:

  • City of Corner Brook
  • Town of Logy Bay-Middle Cove-Outer Cove
  • Town of Point Leamington
  • Town of Carbonear

“By launching the new eprocurement system, we are helping all suppliers do business with the Provincial Government in a user-friendly environment,” said the Honourable Derrick Bragg, Minister of Responsible for Public Procurement Agency, Government of Newfoundland and Labrador.

"The continued adoption of the mdf commerce eprocurement platform by a broad cross-section of Newfoundland and Labrador public agencies, simplifies and improves the ability for suppliers of all sizes to do business with the province," said Mark Eigenbauer, President, eprocurement at mdf commerce. "We are pleased to see the strong results of our ongoing partnership with the Government of Newfoundland and Labrador as they advance closer and closer to their one source for procurement opportunities goal."

https://www.globenewswire.com/news-release/2021/09/13/2295761/0/en/mdf-commerce-extends-eprocurement-footprint-in-Canada-with-eight-new-agencies-and-municipalities-in-Newfoundland-and-Labrador.html
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