PurchasingNet, Inc.

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Description

PurchasingNet, Inc. is a leading provider of Web-based Procurement and Accounts Payable software for mid-sized to large companies. The Company’s Full-Cycle eProcurement and ePayables Software streamlines the business processes process in Financial Services, Media & Publishing, Professional Service, Retail, and other Service Organizations.Customers employing PurchasingNet’s products can realize significant operating cost savings through reduced processing costs and consolidated purchases with preferred suppliers. Customers typically realize annual savings of 5-15% of their current annual purchase expenditures. This savings comes in the form of lower purchase prices and reduced overhead by streamlining the existing Procurement and Payables processes. A typical customer experiences a 6-month payback when implementing PurchasingNet’s products.PurchasingNet’s Proven Path Deployment Methodology™ allows PurchasingNet customers to get PNet implemented within a 1 to 3 month timeframe. This enables customers to achieve a rapid ROI. This methodology was developed by a Best Practice Analysis of PurchasingNet’s 1,400 customers.

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