AvidXchange, Grainger form partnership

Real Estate Weekly, August 22, 2001

AvidXchange, a provider of web-based procurement and competitive bid management products and services, has established a new business relationship with Grainger, the leading maintenance, repair, and operations (MRO) supplier in North America.

This new relationship provides AvidXchange's customers with access to over l80,000 products to maintain and repair their facilities and equipment. Grainger offers a custom, online catalog, which provides AvidXchange's customers with access to product description, pricing and other critical information. This custom catalog helps add speed and convenience to the purchasing process by making it easier for customers to locate and buy the products they need quickly and efficiently.

"This new relationship between AvidXchange and Grainger povides us with everything we need to maintain our properties and offers us one-stop shopping for everything from ladders to grip tape," said Daniel Levine, president of Levine Properties in Charlotte, NC.

"We now have a comprehensive list of Grainger products, a simplified general ledger and building coding, reorder templates from recurring purchases, electronic payment services and customized reports through AvidXchange's procurement system."