Author Archive for Product Team

Manage your Receipts!

Financial Accounting, Online Receipts, InvoiceWanted to get an statement of financial transactions for all execution done within LimeExchange?

Wanted to get project invoices, receipts to help with accounting?

To fulfill these needs, LimeExchange brings ‘Receipts’ (Invoicing) feature. It is the easiest and the simplest way of keeping a record of payments made and is being provided for our users’ convenience. Now you have access to an automated system for receiving all receipts for project and financial transactions executed within LimeExchange.

Users can get a statement of financial transaction of the purchases done at LimeExchange. For example, if you purchase a Bid Pack or a premium pack or credits for Question & Answers, you can get a system generated ‘Receipt’ for the same. Buyers can now request their providers to provide them with the receipt/invoice against the project executed. Providers can generate the receipt by simply clicking on ‘My Receipt’ link in their LimeExchange wallet, once the project is completed.

To promote your company’s name and add credibility to the receipts, attach your company’s logo on all the receipts you send to the buyers. You just have to save the logo in ‘My settings’ and upload it by clicking on Upload Receipt Logo” link on your “My Receipts” page.

As always leave a comment, post your feedback.

Enhanced Bidding Workflow

Automated Intelligent Bidding workflowWe have received a lot of feedback from buyers that they would like to see more details about the providers profile, execution strategy and a tentative plan for the project along with the Bids. It’s important for the providers to understand what’s involved while bidding to win a project.

We’ve implemented an improved & more intelligent bidding workflow for all LimeExchange users.

Now, providers with incomplete profile would automatically be guided through an intuitive wizard to complete their profile. Bid description has been made mandatory, and we recommend that providers should use this to answer the following questions:

1. How you plan to complete the project? – A basic delivery plan.

2. What tools/strategy you plan to use to complete the project timely? – Any particular technology/tool/methodology that you think would be helpful for this project.

3. Why you are the right provider for this project? – Samples of similar past work

4. How do you justify your bid? – how the amount is derived from effort involved, try to justify the bid amount.

Please feel free to write to us in case of any feedback/suggestions or just leave a comment on this post.

Buyers:How to best use LimeExchange?

With this post we are only trying to bridge the gap for our users on how to best use LimeExchange for their outsourcing needs and offer some guidelines, which they should consider before jump starting a project.

Tips for all Buyers

1. Who to select, In doubt? Get a sample assignment conducted!
• Use ‘Proof Of Concept’ feature to get a Pilot/sample assignment executed
• Provide details for POC project, at time of project posting, and define your expectation on deliverables
• Shortlist from providers and award POC
• Collaborate and communicate using IM, PMB for getting POC executed
• Evaluate POC submissions based on Quality of sample delivered, communication and collaboration

2. Minimize my Financial Exposure and risks? Go ahead, Define delivery milestones with payments!
• Provide complete details while posting a project
• Define a comprehensive Terms of Engagement (TOE)
• Divide your requirement into Milestones
• Attach payments with Milestones
• Set expectation in terms of deliverables for each milestone.

3. Manage my project? Use LimeExchange tools to effectively manage!
• Use Project Kickoff Checklist (PKC) and tell your provider your expectations
• Communicate risks/issues using Issue Tracker (IT)
• Insist on Status reports to get progress update on milestones, project
Communicate & Collaborate using Private Message Board (PMB), Instant Message (IM)
• Schedule a session to have a dialogue

4. Utilizing Business Network? Provide feedback and ratings!
• Release final payments from Escrow
• Provide feedback on your experience with provider
• Provide and use published rating, to take help and help your network

5. Safeguard me against Non-service? Use Mediation and Arbitration services!
• Funds are safeguarded by our Escrow services, they get released only when you want them to be released.
• Escalate issues to provider using Issue Tracker (IT)
• If nothing helps, log the requirement in the Dispute Assistance workflow, use provided services

Just apply these simple guidelines while outsourcing and get a positive experience.

Provide us with your valuable feedback on our enhanced features specially designed to make outsourcing the easiest and simplest job for you.

We are with you at every step of the way, so let us know at any time in case any assistance is required on support@limeexchange.com

We’re 5000!!!

We are 5000, Growing, PositiveLimeExchange believes in the theory that “Sky is the Limit” and has achieved what had been aimed for…

Our next generation online services marketplace has reached its first milestone; we are now 5000+ successful users. Our user database is expanding every day; we are reaching out to different geographies, various languages and variety of businesses across the globe.

Narrating a success story on how have we grown to 5000+ in a span of six months
Six months back when we took the first step to this marketplace, no one knew about us. We developed a product, a web platform for various businesses around the globe, where the exchange of services and businesses can be done instantly and simply. We strive hard to deliver the best while meeting the standards of our global users. Step by step we achieved the milestones, and over the period of time people have understood that LimeExchange is the most ingenious online services marketplace to outsource work. Be it a core or a non core function of a company, it could be easily outsourced to the experts from their relevant area of business. We have an average of 100 projects executed in a month, with more than 50 getting posted week on week, on various categories such as web programming, graphics arts & design, software programming + mobile and writing & translation etc.

In comparison to our contenders we have attained far more than what they did in decades. They are old and established in the market; but we are moving faster leaving them behind by progressing in our product, quality and delivery standards. We have initiated one- its- kind user-friendly features, and enhanced delivery management tools which help them maximize earnings and minimize risks and issues involved in online outsourcing. Our alluring features are bringing us 1000+ unique visitors every day from various trades and converting them to proud registered members of LimeExchange.

Countries like Russia, Philippines, Ukraine, Malaysia, Singapore, Thailand, India and China which are better known as great hubs for vast resource pool are also rising with the emergence of this global platform. Now it’s easy to have access to their skilled labor to get work done cost-effectively and proficiently. In very less time we have become the most talked about site across the world; our corporate blog section is widely read by people from outsourcing industry. US being the major player in outsourcing, gets more than 100 freelancers reading our blogs on a monthly basis.

We encourage our privileged users to expand their trusted network by using our Affiliation Program by inviting friends, colleagues from various businesses and let them experience the benefits of the marketplace while getting an equal opportunity platform to work and rise together. Your valuable feedback and suggestions are also requested to help us serve you well at all times.