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Bullboard - Stock Discussion Forum 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... see more

TSX:MDF - Post Discussion

mdf Commerce Inc > extends eprocurement footprint in Canada eight new agencies
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Post by Betteryear2 on Sep 13, 2021 8:37am

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
Comment by sunsurfer11 on Sep 13, 2021 12:28pm
you know the hurt is on when mgmt has to resort to these immaterial events to try and drive some buy side action.   How about just cranking up the revenues from these deals signed a year ago?   Never thought i'd be back tp putting in a $6 stink bid to buy back in, but that's more or less where she's going on a technical basis...
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