PricePoint: a ‘Price Engine’ that allows companies to input shipment information and see at a glance origin and destination rates for a range of suppliers.

A US company has recently launched a new online software platform called PricePoint.  It’s designed to help international moving companies compare prices for both origin and destination services.

The company call PricePoint a ‘Price Engine’.  It allows companies to input shipment information and see at a glance origin and destination rates for a range of suppliers.  The system also includes detailed agent profiles, it ranks prices compared with the lowest quote and allows those companies taking part to block companies from seeing their rates to avoid providing privileged information to competitors.

Ryan Keintz is the co-founder of the company Global Relocation Innovative Procurement (GRIP).  “Suppliers are by invitation only and invitations are controlled strictly by bookers so my company stays away from any perceived bias or conflict of interest,” he explained. 

To become a booker on PricePoint companies need to sign a user agreement, which contains a central provision of strict non-disclosure/confidentiality of all supplier pricing data; and provide GRIP with a preferred supplier list. “The cost is currently a simple flat monthly subscription paid by booker-users, no cost to invited suppliers,” explained Ryan. “We are scaling the fee according to company size, currently U$100-U$800 per month.”

GRIP acknowledges that many of the savings are subjective, however nonetheless real.  Savings come from the reduction in administration, elimination of human error, and the potential to obtain better rates through the system.

For more information contact ryankeintz@griprocure.com.