About Us
Bringing buyers & suppliers together for over 20 years
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Simplifying sourcing means our pursuit to eliminate redundancies, enhance supplier responsiveness, while providing excellent customer service will never end
Darren Henderson
Co-Founder & CEO
Why We Exist
Simplifying sourcing
Our solution was designed to be extremely powerful for buyers while maintaining the simplicity that suppliers need. This leads to rapid supplier adoption and robust insights that help procurement professionals make the best sourcing decisions. With IWT, you do not have to compromise powerful features for ease of use.
Powerful Sourcing Tools
We build sourcing solutions designed to save time, reduce errors, and maximize ROI while remaining incredibly easy to use.
Insightful Data
Our solutions provide you with key insights and visibility into the sourcing process to make better decisions
Simplified Sourcing
Professional procurement teams leverage our powerful sourcing tools paired with insightful data to simplfy their sourcing
How we help
Connecting buyers and suppliers through proven solutions
You shouldn’t have to compromise powerful features for ease of use. Our solution was designed to be extremely powerful for buyers while maintaining the simplicity that suppliers need. This leads to rapid supplier adoption and robust insights that help procurement professionals make the best sourcing decisions.
- Electronic Bidding
- Bid Evaluation & Scoring
- Contract Management
- Supplier Management
- Reverse Auction
What makes us different
Providing Visibility and insights to drive decisions
Being a data-driven solution, our solution is packed with actionable analytics. Leveraging data helps ensure that you are making the best sourcing decision possible and allows you to have confidence in the choices you make. The sourcing data is neatly compiled into easy-to-read reports that can quickly be exported and distributed to key stakeholders.
- Robust Dashboards
- Smart Tabulations
- Active Analytics
- Error Checking
- Progress Tracking
HERE SINCE THE BEGINNING
Ion Wave Technologies software applications annually transact billions of dollars in procurement spend. Ion Wave Technologies, Inc. (IWT) was formed in May 2002 after purchasing the key assets of Way2Bid, another electronic procurement company. As part of Way2Bid, IWT’s founders were responsible for technology that facilitated the first Internet-based, interactive electronic bid events in August of 1997.
Since that time, we have successfully transitioned from PC-based software to what is now our ninth generation web-based enterprise application. In the decades we have been developing electronic procurement solutions, we have assembled a first class team of software developers and support staff, enabling us to deliver high quality software and support to the market.
Our Story
Millions of lines of code, billions of dollars sourced, and countless cups of coffee consumed – This is the story of us.
First-Ever Fully Electronic Bid
As part of Way2Bid, IWT’s founders were responsible for technology that facilitated the first Internet-based, interactive electronic bid events in August of 1997.
IWT was founded
Ion Wave Technologies, Inc. (IWT) was formed in May 2002 after purchasing the key assets of Way2Bid, another electronic procurement company.
We’re growing!
Fresh growth and new employees are always exciting! To celebrate, we got fancy pictures taken. (Yes, Jeff still struggles to keep his eyes open in pictures)
More Growth = Bigger Building
We were busting at the seams at our old building, so we quickly moved into our present-day building to have more room for growth
Catching Momentum
As our solutions began to pick up momentum we were invited to start speaking at conferences about our solutions.
Celebrating 15 Years
We hit another milestone in 2017 by turning 15 years old. This picture perfectly summarizes their relationship.
COVID STRIKES
In 2020 COVID surfaced and changed the world as we knew it. We swiftly adjusted to remote work while many procurement teams relied on our software to do their work digitally.
Celebrating 20 years
In 2021 we celebrated our 20th anniversary.
Trusted By procurement teams nationwide
Hundreds of procurement teams all across the nation trust IWT to automate their sourcing initiatives.
Join Our Team
We’re on a mission to enable purchasing teams to make the best sourcing decisions. If you are looking for a place where your opinion is valued, your effort is rewarded, and your work makes a difference, then this may be the perfect place for you!