Waltham, Mass.—June 18, 2013—Achilles, a global software-as-a-service (SaaS) provider of supply chain management services, selected MetraTech Corp.’s MetraNet billing and settlement platform to support its global business growth.
“Achilles is committed to providing the best experience and service to our community of buyers and suppliers around the world, so it was a natural step to enlist the support of a global leader in billing solutions,” said Adrian Chamberlain, Chief Executive Officer of Achilles. “Having MetraTech, a tried and tested provider, manage our billing, our team can focus on delivering further service innovation and growth in our core business operations.”
Achilles manages the supply chains of 800 global companies to reduce the risk, time and cost associated with procurement activity. It verifies and keeps up-to-date data of around 80,000 suppliers across 23 countries to ensure they operate to the highest possible standards. Achilles recently invested £12 million in the development of new global platforms, which will offer a true SaaS solution to customers looking to manage their data anytime, anywhere—with no downtime for maintenance.
Achilles selected MetraNet because the system complements its own global SaaS platform. MetraNet can work across multiple markets and countries to process large volumes of transactions each day. In addition, new products and pricing can be deployed quickly; and all billing and settlement functionality is managed on one platform.
“We welcome Achilles to our growing family of SaaS leaders who want the flexibility to differentiate customer offerings and expand globally to reach new customers and partners,” said Scott Swartz, Founder and Chief Executive Officer of MetraTech Corp., a provider of Agreements-Based Billing, Commerce and Compensation solutions. “MetraTech will work alongside Achilles to innovate and automate the supply chain management process for the benefit of customers, suppliers and buyers around the globe.”