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LimeExchange Launches Online Outsourcing Marketplace

LimeExchange has launched in the United States, giving entrepreneurs and small and medium-sized businesses (SMBs) in the U.S. and around the world a place to go shopping for project outsourcing. Increasingly, entrepreneurs and SMBs are challenged to display quick results. Adding to this pressure is a 'devastating skillskills shortage' in the U.S. that Gartner says is threatening business growth. Project outsourcing helps companies adjust their go-to-market and delivery plans to meet increasing business needs for this new reality of constrained resources.

LimeExchange breaks the mold of first-generation online services marketplaces, going beyond mere matching of buyers and sellers or simple "feedback" rating systems. Instead, LimeExchange delivers practical service provider evaluation, integrated delivery management, focused knowledge networking, and contemporary social networking tools, which SMBs and entrepreneurs need in order to establish and sustain profitable business relationships.

LimeExchange opens the marketplace to the rest of the world with new and enhanced features and applications, including:
- Complete Service Provider Evaluation: The 'POC'/Pilot project feature enables an opportunity for buyers to assess the work of providers through a small 'pre-contract' demonstration of providers' ability, while granting service providers an opportunity to showcase their capabilities to prospective buyers.
- Delivery Management Suite: A suite of intelligent management and collaboration tools where scope of work, payments associated, project progress and tasks/issues are clearly managed with help of 'Message Boards', 'IM', 'Milestone Based Payments', 'Kick Off Checklists', 'Issue Tracker', and more.
- Knowledge Network: An integrated 'Questions and Answers' feature now provides SMBs, Entrepreneurs, and Service Providers with a focused knowledge networking platform.
- Connect: A first to online outsourcing, 'Connect' allows all users to build an online business network and build trusted relationships in their network.

For service providers, LimeExchange provides increased business opportunities through expanded global reach, knowledge and business networking, and reputation management. Sign-up, bidding, and membership are free. Providers pay only a flat eight percent commission to LimeExchange upon the successful completion of a project.

LimeExchange currently facilitates the exchange of services in the following areas: web design and development, graphics design, programming, audio/video, corporate blogging, blog theme and plugin development, networking, IT consulting, writing and translation, legal consulting, finance and accounting, data entry, administrative support, market research, and business plan development. Other service disciplines and features will be added over time.



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