LimeExchange Enhances Features To Ease Business

LimeExchange, a socially-networked online services marketplace for on demand global talent, has announced the launch of a new suite of features coinciding with the launch of LimeExchange in the United States. LimeExchange launched earlier this year in India and now opens the social marketplace to the rest of the world.

Increasingly, entrepreneurs and SMBs are challenged to show quick results. Project outsourcing helps companies adjust their go-to-market and delivery plans to meet increasing business needs.

“Now small businesses and entrepreneurs in the US and around the world have new options,” says George Searle, CEO, LimeExchange. “LimeExchange makes it easy for businesses of every size to build tight, productive relationships with talented service providers anywhere on earth. The benefits of outsourcing are no longer exclusive to the Fortune 1000.”

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Talking about the new features and benefits for India, Pawan Agarwal, head-India Operations, Lime Spot, said, “LimeExchange provides a gateway for SMBs and entrepreneurs to achieve agility and cost effectiveness via outsourcing to the right talent, and this is not exclusive to any sector or country. Even Indian businesses, during this economic turmoil, now realise that productivity and predictability are more important business factors than just cost. LimeExchange provides all SMBs and entrepreneurs’ tools to tap into global resources, manage risks, deliver repeat business and increase quality, which ensures faster time to market”.

LimeExchange goes beyond mere matching of buyers and sellers or providing 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.

New features on LimeExchange include:

- Proof-of-Concept: The Proof-of-Concept/ Pilot project feature enables Service Providers (SMB/ Freelancer) to earn money for all pre-sales effort put in during bidding. This ensures the buyer’s commitment to the project and a level playing field for all competitors under the same scope and cost to ascertain that the best quality project wins. Buyers now have an opportunity of enhanced vendor selection wherein they can assess the work of providers through a small ‘pre-contract’ demonstration of ability while granting service providers an opportunity to showcase their talent.

- Delivery Management Suite: A suite of management and collaboration tools where scope of work, payments associated, project progress and tasks/issues are clearly managed with the help of ‘Message Boards’, ‘IM’ and ‘Terms of Engagement’ to define ‘Milestone Based Payments’, ‘Kick Off Checklists’ and ‘Issue Tracker’.

- Knowledge Network: A platform to build online reputation by showcasing skills, knowledge and expertise. An integrated ‘Questions and Answers’ feature now provides SMBs and technology enthusiasts with a dedicated medium to share knowledge, ideas by simply asking questions and unleashing the power of the expert community to get the best professional advice from around the globe. This further helps in establishing credibility in the community and opens newer avenues to earn more.

- Connect: A first to online outsourcing, ‘Connect’ provides an opportunity to foster long term relationships online and build business networks.

LimeExchange currently facilitates the exchange of services in the areas of 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.