In The News
Lonesource signs contract with ECi software solutions
OnlySoftwareBlog
April 6, 2010
“We’re learning from our acquisitions, and we’ve discovered that providing familiar technology like DDMS will help our new employees make a smooth transition into the Lonesource family while continuing to make the customers the first priority,” said Lonesource CEO Bradley King.
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Lonesource Names Mark Sickles VP of Market Development
Independent Dealer
February 2010
Cary, North Carolina-based Lonesource has named industry veteran Mark Sickles vice president of market development.
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Lonesource acquires NOI Supply
Office Products International (OPI)
December 1, 2009
Single source business supplier Lonesource has acquired NOI Supply, a division of Nashville Office Interiors (NOI). NOI Supply is one of the largest independent dealers of office products in Tennessee with operations in Nashville, Memphis and Chattanooga, and much of NOI’s operation will remain intact with Lonesource hoping to retain its 40-plus employees and 33,000 sq ft of warehouse and office space.
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2009 Fast 50 Winners
Triangle Business Journal
November 6, 2009
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Lonesource Succeeds in Triad Expansion
Business Leader - Triad
October 21, 2009
Lonesource … has officially touched down in North Carolina’s Piedmont Triad Region. Despite the difficult economy, Lonesource’s unique services and attentive sales and delivery experts have drawn in nearly 200 new Triad customers since the expansion began.
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Sunbelt Office Products now part of Lonesource
Atlanta Business Chronicle
July 1, 2008
“This acquisition advances our mission to be, ‘The only source you need. Period,'” said Bradley King, Lonesource CEO. “We are combining a wide range of products, expertise and resources that will provide even greater value to our B2C and B2B customers, employees and shareholders.”
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Flex space: Not fancy, less pricey
The News & Observer
May 22, 2008
Companies find relief from prime rents.
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Lonesource Secures Contracts with Six Engineering Firms
The American Surveyor (Online)
November 27, 2007
“As part of our business development plan, we are successfully expanding into the United States,” said Jaime Ramirez, senior vice president and chief organization effectiveness officer of CSA Group. “We currently have more than 500 employees, including those gained in recent acquisitions, and a growing number are in the U.S. Now that we have signed on with Lonesource, our offices will have more consistency in spend management and related financial reporting, and CSA Group leaders will be able to focus more on bringing in new engineering projects and opening more offices.”
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Business Briefs June 13 – People
The Cary News
June 13, 2007
Lonesource, a company that provides spend-management solutions that consolidate, standardize and simplify corporate spending, has announced that Bennie Thomas has joined the company as senior vice president of sales.
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Lonesource Introduces an Advanced Real-Time Budgeting Module and Ad Specialties Connection Product Category
Carolina Business Connection
April 17, 2007
“Our customers have different budgeting cycles and preferences by quarter, by year, by project and so on. We now offer system administrators the ability to manage their budgets according to their needs,” said Allison Ayscue with the Lonesource Implementation group. “The budgeting module enables administrators to see the total view of their specific responsibilities, and at any time, reports can be created that manage all divisions and locations of a company.”
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Walker-Cooper picks up LPGA Endorsement
University of North Carolina at Wilmington Athletics News
March 20, 2007
After self-financing her professional career for the last seven years, North Carolinian Lee Ann Walker-Cooper has finally landed a major sponsor — corporate spending manager Lonesource, Inc. — to help the former UNC Wilmington women's golf standout concentrate even more on polishing and refining her game.
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Lonesource Introduces the Sourcing Desk to Handle Special Requests
for Customers
Triangle dBusiness News
February 15, 2007
“With the Sourcing Desk, Lonesource furthers its commitment to be a single resource for its customers by addressing the increasing demand to locate hard-to-find products, often called ‘uniques, specials, one-offs and spot-buys.' The Sourcing Desk is staffed by procurement experts who understand procurement and finance department procedures to provide skilled, experienced handling of special purchase requests within a customer's established corporate procurement procedures.”
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Lonesource CEO to Present at ZweigWhite 2006 Mergers
and Acquisitions Summit
Triangle dBusiness News
December 8, 2006
“Mergers and acquisitions are an effective tool for ownership transition and strategic growth in the architecture and engineering industry. If company executives are not currently considering a sale or acquisition, there is a strong chance that transition will be a consideration at some point in the future,” said King. “The presentation will provide executives with insight into what to expect from an employees' perspective, the unavoidable challenges in operational efficiency and integration, and effective steps to manage through both the hard and soft issues of bringing two disparate organizations together under one roof.”
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RentWay selects Lonesource to implement spend management solution
SupplyChain-Logistics.com
November 9, 2006
“We wanted to consolidate our accounts payable processes and streamline company spending,” said Bill Short, President of RentWay. “For the first time, we have identified a way to create uniform processes and dramatically reduce the number of invoices into our accounts payable department. RentWay can now eliminate the wasteful time spent processing payment for thousands of invoices and gain greater visibility of company spending with detailed analysis and reporting.”
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RentWay selects Lonesource to implement spend management solution
Carolina Newswire
November 8, 2006
Lonesource, a leader in providing spend management solutions that consolidate, standardize and simplify corporate spending, today announced that RentWay, one of the largest rental-purchase companies in America, has selected the company’s Web-based solution to provide greater visibility and financial control across all departments.
“Executives and senior finance managers are seeking new, innovative spend management strategies to consolidate, standardize and simplify corporate spending,” said Brad King, President and CEO of Lonesource. “Our customers continue to validate ‘lonesourcing' as a solution to consolidate suppliers, invoices and processes to a sole source.”
© 2009 Lonesource