Perfect Commerce is the industry's most experienced provider of On-Demand Spend Management solutions. Our products and services today serve more than 500 clients, 200,000 users and 12,000 suppliers worldwide. For over six years, our On-Demand solutions and Open Supplier Network (OSN) have helped customers launch successful Spend Management initiatives within months, not years. Typical customer benefits include:

• Greater than 15% reduction in costs;
• Up to 75% reduction in cycle time;
• Online connections established with thousands of suppliers; and
• Significantly enhanced buyer/supplier relationships.

A complete solution set. The Perfect Commerce solution family consists of applications and services able to deliver immediate efficiencies to companies of all sizes. Our On-Demand applications cover every aspect of Spend Management, from spend analytics and sourcing to contract management, procurement, and invoice management. Each application works well together or in concert with any leading procurement or ERP system, including SAP and Oracle/PeopleSoft.

Customers can also choose to leverage the Open Supplier Network to facilitate their B2B transactions (e.g. purchase orders, acknowledgements, advanced shipping notices, and invoices). Either way, Perfect Commerce includes all the tools needed to more efficiently manage corporate spending for significant bottom-line results. According to AberdeenGroup Research, the On-Demand model perfected by us provides tremendous speed and cost savings, including:

• Operational implementation within weeks;
• Full return on investment (ROI) within months;
• Ongoing operational costs less than half those of installed software; and
• Solution fees 50% lower than traditional software installation models.

Our deep understanding of the procure-to-pay process is reflected in five core offering

PerfectSource brings speed, visibility and control to the strategic decisions made before purchase orders are generated. Three key applications are part of the suite. Event Manager provides tools to source the most complex online events, requests for proposals (RFP), information (RFI), and quotes (RFQ). Contract Manager unifies all contract and contract management activities into one comprehensive system. And Scorecard Manager provides a configurable KPI-driven framework to help users create a closed-loop supplier performance measurement system.

PerfectProcure supports the processes and controls associated with world-class procurement organizations. The two key applications within this family, Procurement Manager and Invoice Manager, provide a platform to drive efficiency and compliance across the procure-to-pay process. Each application is designed to automate review, approval, coding and creation of critical B2B transactions (e.g. requisitions, purchase orders and invoices).

PerfectPIM presents a single, consistent view of product content to all users, ensuring that procurement activities utilize timely and accurate product data. PerfectPIM is comprised of Catalog Manager and Search Manager. Catalog Manager organizes and publishes product and contract information from multiple suppliers, and Search Manager helps users find, compare and select products and services across all of a company's suppliers - both regardless of the procurement application being used.

PerfectServices is a business and sourcing solution that specializes in procurement operations by identifying organizational needs and requirements, capturing and analyzing empirical spend and marketplace data in order to develop a suite of business solutions tailored to each organization's operating environment. PerfectServices is comprised of Integrated Supply Services and Professional Services. These solutions provide significant cost of goods savings and work flow efficiency by leveraging superior technology, extensive supplier relationships and procurement subject matter expertise.

The OSN is a hosted service that connects buyers and suppliers to facilitate B2B transactions. It is fully compatible with all leading ERP applications, in addition to our On-Demand Spend Management solutions like PerfectProcure and PerfectPIM. Companies seeking to automate the exchange of critical documents such as Purchase Orders, Invoices, and Advanced Shipping Notices rely on the OSN to quickly and reliably connect with thousands of suppliers, access over 21 million SKUs of catalog content, and transact billions of dollars in spend per year. By using the OSN to reduce the number of point-to-point connections needed, companies can eliminate the cost of managing multiple supplier connections, reduce the burden on scarce IT resources and accelerate ROI.