March 2021 - The team at StartUp Daily on business channel AusBiz interviewed CEO James Leathem about VendorPanel's Series B capital raise and what's next for the company [click to view]
March 2021 - Leigh Jasper-backed procurement tech company VendorPanel has added a range of big-name backers to its share register in a $4.5 million round, including Ord Minnett and renowned start-up investor Andrew Sypkes.
March 2021 - VendorPanel announced today it has secured A$4.3 million in Series B capital from new and existing shareholders. The investment will accelerate the company’s US entry following a successful launch in January 2021. The capital raised will also fund product development and growth in the Australian market.
August 2020 - Local Buy's Nex Gen program provides Councils with the most effective procurement systems and processes in an evolving technology landscape, with improved value for money, stronger probity and governance, and insights into how sourcing can support local communities.
June 2020 - The platform will allow operational staﬀ to manage low value sourcing, freeing Procurement to focus on strategic sourcing and deliver on integration roadmap. Cenitex GM of Procurement, Tim Jones, says: "VendorPanel has enabled us to safely hand over operational sourcing to non-procurement staff."
May 2020 - The decision to move manual processes online was initiated by a competitive RFP. The Department of Corporate and Information Services said: “In an emerging market, VendorPanel demonstrated that they’re mature and have developed a highly functional product that meets all Government requirements.”
April 2020 - Underwritten by WALGA and free to use for members and suppliers, Marketplace enables Local Government buyers to manage local procurement processes. WALGA President Mayor Tracey Roberts said the decision to provide the platform formed part of the Association’s response to the impacts of COVID-19.
November 2018 - A consortium consisting of Lendlease, Acciona, Coleman Rail and WSP has selected the VendorPanel procurement platform to support delivery of a major package of works for the Victorian Government’s Level Crossing Removal Authority (LXRA)
September 2018 - VendorPanel is among a handful of rapid-growth tech companies to join the first cohort of the tech giant’s accelerator, Scale-Up.
August 2018 - VendorPanel raises $2.35 million to simplify procurement, drive positive social & economic outcomes
August 2018 - "In the last five years fintech has emerged from the shadows to become mainstream. While Sydney is known as the financial hub and does make up a larger portion of the Australian fintech startup population, Melbourne is hot on its heels". Read about the fintech leaders that are making waves.
July 2018 - The Chartered Institute of Purchasing and Supply (CIPS) has named VendorPanel a winner, for Most Innovative Use of Technology, in the 2018 Supply Management Awards. The winning submission was a case study on how the platform has helped customers direct procurement spend to drive local economic development. Other category winners included Newmont Mining, Rio Tinto, Westpac and Air New Zealand.
July 2018 - Winners were selected from over 1,000 entries from companies that reflect the passion of young Australians for building their own businesses. The judging panel included Alison Deans, board director at Cochlear, IAG and Westpac; Simon Cant, MD of Reinventure; and Ian Harper, dean of Melbourne Business School.
June 2018 - Social Procurement, long a force for good, is becoming part of mainstream procurement activity. This new video, produced by VendorPanel with the help of our partners in the Procure For Good initiative, explains the phenomenon.
October 2017 - New groundbreaking online platform ProcureForGood to drive positive social and economic change through procurement Award winning Australian procurement technology company VendorPanel has launched a groundbreaking new online platform ProcureForGood TM to drive positive social and economic change.
June 2017 - The Victorian government is rolling out a new system for procuring ICT services, which it says will make accessing new technologies cheaper, easier and more efficient. All departments and ICT providers will now use a system provided by Melbourne-based company VendorPanel.
June 2017 - Victoria-based startup VendorPanel has been appointed to manage the Victorian Government eServices platform, booting out SAP Ariba in the process.
May 2017 - A new online business connecting Indigenous suppliers with corporate and government buyers launched on Tuesday.
March 2017 - VendorPanel added as a new Supplier to the whole-of-government cloud services panel.
October 2016 - VendorPanel was announced as winner of 2016 Entrepreneurial Supplier of the Year at the PASA Conference based on a panel of procurement experts reviewing a shortlist, then procurement conference attendees voting on winner!
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