Perfect Commerce Touts Q2 Successes with SRM Offering

Supplier relationship management specialist points to 25 new customer contracts, highlights "on-demand" solutions

Supplier relationship management specialist points to 25 new customer contracts, highlights "on-demand" solutions

Kansas City, MO — September 9, 2005 — Supplier relationship management (SRM) specialist Perfect Commerce this week touted its success in the second quarter of 2005, pointing to the addition of 25 new customer contracts in that period, covering expanded services and solutions with current customers as well as the addition of new clients.

Headquartered in the metropolitan Kansas City area, with offices in Texas, California, Nevada and France, Perfect offers "on-demand" SRM solutions that its customers can access via the Web. The provider says that the on-demand computing model enables Perfect's customers to realize bottom-line results more quickly than traditional, "behind-the-firewall" software and with ongoing operating costs half those of installed software.

"It is clear that we are in the midst of a distinct market transition to on-demand solutions, as well as a renewed interest in efficiently managing supplier connectivity and content delivery through open networks," suggested Sandy Kemper, chairman and CEO of Perfect Commerce, adding that he believes that Perfect is well positioned to capitalize on these trends.

Perfect operates what it calls the largest independent and open supplier network, The OSN, intended to streamline purchasing and improve spending controls by enabling buyers and suppliers to transact electronically. "These capabilities are extremely popular with Perfect Commerce buyer and supplier clients alike and drove a 70 percent increase in spend volume through The OSN during the past 12 months," Perfect said in a statement.

"Our comprehensive on-demand applications, the scale of The Open Supplier Network and our deep supply chain expertise are a powerful combination of solutions that are being well received by the marketplace," said Kemper.

Perfect said it currently has more than 500 clients, 100-plus of which are in the Fortune 500, as well as 165,000 users and 11,500 suppliers signed up for its network.


Additional Articles of Interest

Maverick spenders making off-contract purchases and ignoring preferred suppliers lists are still causing many companies to bleed green. For tips on how to bring rogue spenders back from the underground, read "Maverick Spend Redux" in the June/July 2005 issue of Supply & Demand Chain Executive.

— Is your company looking closely at procurement outsourcing, but doesn't quite know where to begin? These 10 steps are a good place to start for any finance professional who is studying this growing market. Read the article "Procurement Outsourcing: The 10 Things Finance Professionals Want to Know," an SDCExec.com exclusive.

— For information on supplier performance management, see the SDCExec.com articles "Supplier Performance Management& A Strategic Investment" and "The Re-invention of Supplier Performance Management." In addition, see the article "The (Missed) Opportunity of Supplier Performance Management" and the report "The Supplier Performance Measurement Benchmarking Report."


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