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ISIN: US4612021034 · WKN: 886053 · Symbol: IQU
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Online Auctions Go B-To-B -- ANDALE UPGRADE INCREASES AUTOMATION FOR SUPPLIERS THAT MOVE LOTS OF VOLUME VIA MULTIPLE SITES
SATURDAY, JUNE 03, 2000 12:28:00 AM EST
Jun. 02, 2000 (InformationWeek - CMP via COMTEX) -- Online auctions, first aimed at consumers, are attracting a growing number of business customers. Software vendors are fueling that trend with new capabilities designed to make business-to-business auctions easier.
Andale Inc., a provider of business software for online auctions, last week rolled out version 2.0 of its software suite for business-to-business auctions, unveiled a data-integration deal with Intuit for accounting software, and introduced a new customer, Sun Microsystems reseller Avcom, which expects to distribute $100 million worth of hardware and software through auction sites using Andale`s software.
"Our customers are saying this is the B-to-B channel," says Andale president Munjal Shah. "In fact, 4% of sellers on auction sites are responsible for 80% of the sales. But to make it truly viable, we need to improve the overall professionalism of the channel."
Andale provides Web tools that list sellers on multiple auction sites such as Amazon.com and Yahoo, accept payments, and track sales and customers. Since its launch in February, Andale has processed $100 million worth of transactions for 200,000 merchants through a proprietary business-management system based on Java. The system runs on Sun Solaris and uses an Oracle database.
The suite is designed to automate more of the process for suppliers that move large volumes of products over a variety of sites. The intelligent inventory feature tracks sell rates on different sites and proposes the best yield-management plan, lets merchants pre-schedule as many as 1,000 auctions at the same time, and lists goods automatically on a regular schedule. Also new is call-center support and an ExpressPay feature that handles the checkout process; it accepts Visa, MasterCard, PayPal, personal checks, Billpoint, Amazon 1-click, and money orders. Andale gets 2.95% of the sale price.
"Auctions will revolutionize the pricing of products and services in the business-to-business arena," says Avcom president and CEO Brad Bishop. "Businesses will get to a place where there is no list price, and prices go up and down every day. Avcom`s prices on both hardware and software will likely change, literally day to day or month to month. And Andale, sitting on top of all the sites, is the best way to make it happen."
Andale`s agreement with Intuit will bring integration with the QuickBooks 2000 accounting system, allowing Intuit`s 2 million small-business users to upload inventory from QuickBooks into Andale and download sales back to their internal ledgers. Also in the works is the auction industry`s first loyalty program, which will offer customers frequent-buyer points and lotteries for purchases made at Andale merchants.
SATURDAY, JUNE 03, 2000 12:28:00 AM EST
Jun. 02, 2000 (InformationWeek - CMP via COMTEX) -- Online auctions, first aimed at consumers, are attracting a growing number of business customers. Software vendors are fueling that trend with new capabilities designed to make business-to-business auctions easier.
Andale Inc., a provider of business software for online auctions, last week rolled out version 2.0 of its software suite for business-to-business auctions, unveiled a data-integration deal with Intuit for accounting software, and introduced a new customer, Sun Microsystems reseller Avcom, which expects to distribute $100 million worth of hardware and software through auction sites using Andale`s software.
"Our customers are saying this is the B-to-B channel," says Andale president Munjal Shah. "In fact, 4% of sellers on auction sites are responsible for 80% of the sales. But to make it truly viable, we need to improve the overall professionalism of the channel."
Andale provides Web tools that list sellers on multiple auction sites such as Amazon.com and Yahoo, accept payments, and track sales and customers. Since its launch in February, Andale has processed $100 million worth of transactions for 200,000 merchants through a proprietary business-management system based on Java. The system runs on Sun Solaris and uses an Oracle database.
The suite is designed to automate more of the process for suppliers that move large volumes of products over a variety of sites. The intelligent inventory feature tracks sell rates on different sites and proposes the best yield-management plan, lets merchants pre-schedule as many as 1,000 auctions at the same time, and lists goods automatically on a regular schedule. Also new is call-center support and an ExpressPay feature that handles the checkout process; it accepts Visa, MasterCard, PayPal, personal checks, Billpoint, Amazon 1-click, and money orders. Andale gets 2.95% of the sale price.
"Auctions will revolutionize the pricing of products and services in the business-to-business arena," says Avcom president and CEO Brad Bishop. "Businesses will get to a place where there is no list price, and prices go up and down every day. Avcom`s prices on both hardware and software will likely change, literally day to day or month to month. And Andale, sitting on top of all the sites, is the best way to make it happen."
Andale`s agreement with Intuit will bring integration with the QuickBooks 2000 accounting system, allowing Intuit`s 2 million small-business users to upload inventory from QuickBooks into Andale and download sales back to their internal ledgers. Also in the works is the auction industry`s first loyalty program, which will offer customers frequent-buyer points and lotteries for purchases made at Andale merchants.
hey,
intuit ist der wert, den wir alle suchen.
solide, verdienen viel geld, sind momentan preiswert, super aussichten.
als info habe ich eine tabelle mit broker ratings angehängt.
gruss
http://www1.zacks.com/cgi-bin/JMFR/FreeReport?ref=CBS&ticker…
Company Reports:
INTUIT INC
--------------------------------------------------------------------------------
Intuit develops, markets and supports personal finance, small business accounting, tax preparation and other consumer software products, and related electronic services and supplies that enable individuals, professionals and small businesses to automate commonly performed financial tasks and better organize, understand, manage and plan their financial lives. Intuit commenced operations in March 1983 and was incorporated in California in March 1984.
--------------------------------------------------------------------------------
Number of Brokers
Recommending (05/30/00)
Strong Buy 4
Moderate Buy 11
Hold 1
Moderate Sell 0
Strong Sell 0
Current Average Recommendation
(1.0=Str. Buy, 5.0=Str. Sell) 1.8
Last Week`s Average Recommendation 1.7
Change in Average Recommendation -0.1
intuit ist der wert, den wir alle suchen.
solide, verdienen viel geld, sind momentan preiswert, super aussichten.
als info habe ich eine tabelle mit broker ratings angehängt.
gruss
http://www1.zacks.com/cgi-bin/JMFR/FreeReport?ref=CBS&ticker…
Company Reports:
INTUIT INC
--------------------------------------------------------------------------------
Intuit develops, markets and supports personal finance, small business accounting, tax preparation and other consumer software products, and related electronic services and supplies that enable individuals, professionals and small businesses to automate commonly performed financial tasks and better organize, understand, manage and plan their financial lives. Intuit commenced operations in March 1983 and was incorporated in California in March 1984.
--------------------------------------------------------------------------------
Number of Brokers
Recommending (05/30/00)
Strong Buy 4
Moderate Buy 11
Hold 1
Moderate Sell 0
Strong Sell 0
Current Average Recommendation
(1.0=Str. Buy, 5.0=Str. Sell) 1.8
Last Week`s Average Recommendation 1.7
Change in Average Recommendation -0.1
liest sich gut
http://my.zacks.com/reports/reports.php3?HLITE1=6699BC&HLITE…
Brokerage Firm Date of Last Update Recommendation
--------------------------------------------------------------------------------
BANC OF AMERICA 06/01/00 BUY
JOSEPHTHAL & CO 05/31/00 BUY
MAJOR BROKER 05/25/00 OUTPERFORMANCE
WARBURG DILLON 05/24/00 STRONG BUY
PACIFIC CREST 05/24/00 STRONG BUY
MAJOR BROKER 05/24/00 MARKET PERFORMER
SANDS BROTHERS 05/24/00 BUY
ROBERTSON STEPH 05/24/00 BUY
CHASE H&Q 05/24/00 BUY
ABN-AMRO 05/24/00 BUY
DEUTSCHE BK SEC 05/24/00 BUY
THE-ADVISER.COM 05/21/00 BUY
BEAR STEARNS 03/17/00 BUY
PRUDENTIAL SEC. 03/01/00 ACCUMULATE
MAJOR BROKER 02/25/00 OUTPERFORM
http://my.zacks.com/reports/reports.php3?HLITE1=6699BC&HLITE…
Brokerage Firm Date of Last Update Recommendation
--------------------------------------------------------------------------------
BANC OF AMERICA 06/01/00 BUY
JOSEPHTHAL & CO 05/31/00 BUY
MAJOR BROKER 05/25/00 OUTPERFORMANCE
WARBURG DILLON 05/24/00 STRONG BUY
PACIFIC CREST 05/24/00 STRONG BUY
MAJOR BROKER 05/24/00 MARKET PERFORMER
SANDS BROTHERS 05/24/00 BUY
ROBERTSON STEPH 05/24/00 BUY
CHASE H&Q 05/24/00 BUY
ABN-AMRO 05/24/00 BUY
DEUTSCHE BK SEC 05/24/00 BUY
THE-ADVISER.COM 05/21/00 BUY
BEAR STEARNS 03/17/00 BUY
PRUDENTIAL SEC. 03/01/00 ACCUMULATE
MAJOR BROKER 02/25/00 OUTPERFORM
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