Integration to the EquipmentOne marketplace enables customers to sell
surplus assets directly from AssetWorks' Surplus Management Software
VANCOUVER, BC and PITTSBURGH, PA, June 3, 2014 /CNW/ - Ritchie Bros.
(NYSE and TSX: RBA), the world's largest seller of used industrial
equipment, and AssetWorks, a leading provider of Enterprise Asset
Management software solutions, today announced the availability of a
prepackaged integration between the Ritchie Bros. EquipmentOne
marketplace (www.EquipmentOne.com and AssetWorks www.AssetWorks.com) Surplus Management Software (SMS). Designed to allow AssetWorks'
customers the ability to seamlessly post assets to EquipmentOne, the
integration can dramatically reduce the time and effort required to
identify, list and sell surplus equipment.
"Our integration with AssetWorks' software is a great example of how
much our customers are shaping our business," said Chris Connell,
President of Ritchie Bros. EquipmentOne. "Our customers asked for an
easy way to list their surplus assets in our marketplace directly from
AssetWorks' software. We listened and delivered."
AssetWorks' SMS users can identify assets for sale and post those assets
along with all the required equipment specifications, condition
descriptions and photographs directly from SMS to the EquipmentOne
marketplace. They receive daily pricing feedback and final sale data
when the sale completes. Automating these processes can improve
accuracy and significantly reduce the time to conduct sales across a
number of different asset categories.
"The ability to seamlessly connect with the EquipmentOne marketplace is
a great extension of our software and a huge win for our customers,"
said Michael Borello, Vice President of AssetWorks. "Managing assets
from acquisition through disposal can be difficult and our solutions
have always been aimed at streamlining this process. With our
integration to EquipmentOne, we're delivering additional value and
really closing the loop on asset management for our customers."
To learn more about the new EquipmentOne integration with AssetWorks,
visit www.EquipmentOne.com or www.AssetWorks.com.
About Ritchie Bros.
Established in 1958, Ritchie Bros. (NYSE and TSX: RBA) is the world's
largest seller of used equipment for the construction, transportation,
agriculture, material handling, energy, mining, forestry, marine and
other industries. Ritchie Bros. TM solutions make it easy for the world's builders to buy and sell
equipment with confidence, including live unreserved public auctions
with on-site and online bidding (rbauction.com), the EquipmentOneTM secure online marketplace (EquipmentOne.com), a professional corporate asset management program, and a range of
value-added services, including equipment financing for customers
through Ritchie Bros. Financial Services (rbauctionfinance.com). Ritchie Bros. has operations in more than 25 countries, including 44
auction sites worldwide. Learn more at RitchieBros.com.
AssetWorks delivers industry-leading business solutions that help asset-
and infrastructure-intensive organizations control capital and
operating expenditures, reduce operational complexity, and manage
regulatory and policy-driven risk. Leveraging a comprehensive portfolio
of software and consulting solutions, AssetWorks helps organizations
work more efficiently by improving access to shared asset data,
promoting greater transparency across the organization, improving
service delivery, maximizing asset availability and uptime, and
reducing total cost of ownership. Leveraging the latest cloud and
mobile computing technologies, our asset management solutions and
domain expertise help organizations eliminate waste, redundancy, and
SOURCE: Ritchie Bros. Auctioneers
For further information:
Ian Malinski, Corporate Communications Lead, Ritchie Bros.
Phone: +1.778.331.5432 | Email: CorpComm@rbauction.com
Lauren Galietti, Corporate Communications Lead, AssetWorks
Phone: +1.412.577.8747 | Email: firstname.lastname@example.org