Iasta Upgrades e-Sourcing Solution

Version 6.1 of SmartSource increases project management functionality with timeline tracking, calendaring; adds souring templates

By Editorial Staff


Version 6.1 of SmartSource increases project management functionality with timeline tracking, calendaring; adds souring templates

Indianapolis, IN — November 16, 2004 — Iasta.com, a provider of e-sourcing tools for the Global 3000, this week announced that it has released its latest application version, adding new tools to improve project management and workflow throughout the sourcing process.

This new product release of Iasta SmartSource, the second upgrade this year, is available to all current Iasta clients and was developed to increase the breadth of the solution towards a total strategic sourcing tool. Users of the just-released version 6.1 now will have a number of new, integrated features to assist in project collaboration within the organization and supplier milestone tracking during the sourcing project.

"Iasta has been making technology improvements for two years to provide a valuable component of the strategic sourcing process beyond online bidding events," said David Bush, vice president of business development for Iasta. "This is an important part of our overall strategy to diversify the product and increase its value to all companies."

New features include Gantt charts to visualize the project's sourcing timeline, calendar views to keep track of daily activities and trigger-based tasks and reminders, with automatic e-mail sending.

In addition, the new version offers milestone tracking for suppliers and internal project team members, as well as strategic sourcing templates for best practice adoption.

For more information on the current state of the sourcing market, see the article "The Analyst Corner: Sourcing" in the June/July 2004 issue of Supply & Demand Chain Executive.
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