Boston October 15, 2001 e-Sourcing software provider LeftBrain this week released version 1.2 of its application for managing the purchase of direct and indirect materials and services.
Transact 1.2, available in either single-site or enterprise-wide configurations, is a Java-based application that can connect to a variety of back-end systems, including most enterprise resource planning (ERP) applications.
LeftBrain says that Transact automates the purchase-to-pay cycle for materials and services and also creates a repository for purchasing data that allows for greater spend analysis and control.
Transact forms the foundation of LeftBrain's SourceCentre, an integrated application for managing the planning and execution of enterprise sourcing organization activities. SourceCentre combines the Transact data repository with information collected from other enterprise data stores to create a decision-support system for the sourcing organization.
"LeftBrain SourceCentre brings our global sourcing and procurement expertise to a rapidly emerging segment of the supply chain management market," said Richard King, CEO and founder of LeftBrain, "and LeftBrain Transact represents the foundation of that expertise."
Transact's features includes business rules configuration down to the business unit level; automated dispatch of purchase orders (POs), PO amendments and acknowledgments; support for advanced shipment notification (ASN); and invoice submittal via Web browser or e-messaging.
LeftBrain says that Transact requires 100MB of free disk space to host the application, in addition to application data storage requirements. The application runs on operating systems that support a Java application server, including most UNIX platforms, Windows NT 4.0 or Windows 2000.