If you’re looking to outsource a piece of your business, you want to know you’re working with a company that delivers on time, provides good products and is in good financial shape. And plenty of attention has been lavished on Hawley-based eVendor Check’s system allowing companies to go online and check out prospective suppliers. Even better, the Ben Franklin Technology Partners of Northeastern Pennsylvania invested $100,000 in eVendor Check this spring and recently announced another $100,000 investment.
Company founder Doug LaPasta says the latest round of money will support eVendor Check’s plans for future growth. A new CEO, Gary Hare, is set to come on in January, and over the next three years eVendor Check plans to grow from seven employees to 25.
The ability to hire more people is expected to come from growth in eVendor Check’s customer base, which now consists of about 15 large companies including major names like Citigroup and Duke Energy. LaPasta says eVendor Check hopes to increase that figure tenfold by signing up small- and medium-sized businesses. Its system will be fully automated with tutorials and an online help desk, whereas now customers have to talk to someone at eVendor Check when they start using the system. That’s fine for big companies, but not small businesses, LaPasta says.
“The person that we’re dealing with may not be a full-time procurement person,” he says.
Source: Doug LaPasta, eVendor Check
Writer: Rebecca VanderMeulen