Cousins Properties taps AvidXchanges ePurchasing software to reduce operating costs

December 30, 2002—AvidXchange, a provider of web-based bid management solutions, announced that Atlanta-based Cousins Properties has implemented the AvidXchange suite of electronic purchasing solutions for their Mid-Atlantic commercial and medical facility portfolios.

By using AvidXchanges ePurchasing and eInvoicing services, Cousins will be able to reduce their overall operating costs when managing these facilities, improve internal efficiencies for their property management personnel, and more accurately forecast and track operational spend.

AvidXchanges online applications give Cousins the capability to purchase maintenance, repair and operations (MRO) supplies from an extensive network of electronic vendor catalogs. Additionally, Cousins has access to sophisticated purchasing features that can be used to aggregate spending volumes on MRO products and services (such as landscaping, janitorial services, etc.) across multiple properties, and provide facility managers with bottom-line savings.

For Cousins, the initial rollout of AvidXchanges ePurchasing software includes commercial properties and medical office buildings located in Charlotte, North Carolina and Alexandria, Virginia, totaling 2 million square feet of space. The Charlotte portfolio includes Gateway Village, one of Cousins premier commercial facilities consisting of retail space, restaurants, a hotel, YMCA and 5 surrounding residential projects.

For more information, contact AvidXchange.