Patented Ecommerce System

Posted by rerickson under Showcase

After analyzing the purchasing processes at the Mirage Hotel over a period of several months, Multispan’s founder Dr. Ranel Erickson received inspiration on several occasions when developing a new innovative bid-analysis system that greatly improved the purchasers’ productivity while cutting costs by ten to twenty percent.  This became the patented core technology for Purchase Pro, a spin -off venture that experienced a successful Initial Public Offering (IPO) during the dot-com era (2000) and at its peak reached  a market capitalization of more than one billion dollars.  This company grew to over 100 technical employees and contractors and serviced companies such as Mirage Resorts, Best Western Hotels, Walt Disney World, Marriott, and Office Depot.