The company puts its success down to the ability to provide customer-focused, robust procurement services which have helped hundreds of buyers to obtain the optimum market price for goods and services.

“As one of the longest established eAuction organisations in the UK, we believe that we consistently lead from the front. We are also well placed to see how the world of procurement has changed over the course of the last decade,” explained Simon Brake, CEO, Trade Interchange.

“For example, although our main focus was purely on eAuctions at the start, our remit has developed and grown over time. There has been an increasing demand, from around the world, for our full range of eProcurement solutions including eRFX tender and quotation services, which support requests for information, proposals and quotations; supplier registration and supplier scorecard services,” Brake continued. Trade Interchange now has blue chip customers across Europe, the USA, Australia and New Zealand as well as in the UK.

Trade Interchange was founded in 2001 by Simon Brake and Andy Tyson, with the aim of providing flexible and innovative eProcurement solutions to help organisations save money, time and resource.