Lonesource ~ In The News

In The News
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." » Read more...
Flex space: Not fancy, less pricey The News & Observer May 22, 2008 Companies find relief from prime rents. » Read more...
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." » Read more...
People - Spotlight Triangle Business Journal November 2, 2007 Armed with more than 14 years of information technology experience, Matt Wells is now putting that knowledge to use in a company that oversees the spending process of various corporations."I'm trying to build out and mature some of the technology solutions here to keep up with growth," Wells says. "I want to extend this winning team environment." » Read more...
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. 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." » Read more... 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. » Read more... 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." » Read more... 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." » Read more... 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." » Read more... 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." » Read more...