Press Releases
Ketera to Lead Best Practices in Social Commerce Workshop at Procure-to-Pay Summit
Feb 17, 2010 Ketera's Mary Ellen Mitchell will be leading a best practices workshop at next week's Procure-to-Pay Summit in Miami, FL on the benefits of conducting source-to-pay activities on a buyer-supplier community-based network.
Epiphany Supply Chain Solutions to Run its GPO Business on the Ketera Network
Jan 21, 2010 Ketera today announced that Epiphany Supply Chain Solutions, a provider of procurement and supply chain related services, has selected the Ketera Network as the platform to manage transactions for its no-membership-fee Group Purchasing Organization (GPO). The Ketera Network will enable the Epiphany Buying Portal to manage purchasing transactions of mid-sized businesses.
Free Online Sourcing on Ketera Network Reduces Costs
Jan 6, 2010 Ketera today unveiled an offering designed to introduce more companies to the cost-savings potential of moving sourcing events online. With this announcement, Ketera now offers Requests for Information (RFI), Requests for Quote (RFQ), and Requests for Proposal (RFP) to the Ketera Network online business community at no charge.
Ketera Inventory Data Cleansing Reduces Costs
Dec 18, 2009 Ketera today unveiled its technology-enabled Inventory Data Cleansing offering, which allows customers to reduce costs from duplicate and obsolete inventory, minimize errors in buying and using replacement parts, and improve standards for inventory management.
Ketera Announces Market Analytics to Provide Category Benchmarks
Dec 17, 2009 Ketera, a provider of the online Ketera Network™ business community, today announced its benchmarking solution called Ketera Network Market Analytics. The solution will enable purchasing organizations to benchmark against peers across a range of purchased categories and use the insights to identify specific areas to improve purchasing processes and reduce costs. Similarly, the solution will enable the suppliers to benchmark their volume by various product categories they sell and to identify opportunities for growth.
The Ketera Network Records Significant Growth in New Members
Oct 27, 2009 Ketera announced today that the Ketera Network has enjoyed significant success since launching as an open community more than 18 months ago, averaging quarter-over-quarter growth rate this year above 100%. The Ketera Network uniquely integrates spend management solutions with the network of procurement organizations and their suppliers to bring unique business improvement opportunities to all parties.
Ketera Solutions Optimized to Help Mid-Sized Businesses Control Spending
Jun 26, 2009 Ketera Technologies, leading provider of on demand spend management solutions, announces today the latest release of its web-based procurement solution which extends the benefits of spend management to mid-sized companies. Ketera Procurement-with speed-to-value and ease-of-use that revolutionized procurement-offers the most intuitive interface to manage the procurement process, as well as unprecedented insights into spending patterns.
Ketera Receives Network Products Guide 2009 Product Innovation Award
May 18, 2009 Ketera Technologies, Inc. announced today that Network Products Guide, the industry's leading publication on information technologies and solutions has named the Ketera On Demand Spend Management Suite a winner of the 2009 Product Innovation Award. Ketera is the leading provider of On Demand Spend Management solutions and operates the fastest growing community of buyers and suppliers with more than 250,000 members.
Ketera Builds Momentum with Customers and Network in Q1
May 6, 2009 Ketera, provider of leading On Demand Spend Management solutions and the fastest growing community of buyers and suppliers with more than 250,000 members, today announced metrics demonstrating strong momentum, including adding over 1,400 new suppliers to the Ketera Network in Q1 2009. Additionally, the company added 26 new customers and enjoyed 100% renewal in customers and revenue across its broad Spend Management product suite.
Ketera Spend Management helps Vertis Communications Optimize Operations
Mar 10, 2009 Ketera, the leading On Demand Spend Management provider, today announced that Baltimore-based Vertis Communications, a premier provider of targeted advertising and marketing solutions for America's leading retail and consumer services companies, is seeing measurable benefits from implementing the Spend Analysis solution from Ketera.
HCL BPO and Ketera Strategic Alliance to Provide Source-to-Pay Services
Feb 11, 2009 HCL Technologies Ltd.-BPO Services and Ketera today formally announced a strategic alliance to provide Source-to-Pay services. Through this partnership with Ketera, HCL BPO will deliver full-scope procurement outsourcing across industry verticals. Ketera provides a complete On Demand Spend Management suite which HCL deploys in its services to maximize efficiencies, reduce costs, and increase productivity for its clients. Ketera's robust technology platform will power HCL's unique Source-to-Pay services across Spend Management, e-Sourcing, e-Procurement and Contract Management.
Convergys Uses Ketera Spend Management to Cut Procurement Costs
Jan 13, 2009 Ketera, the leading On Demand Spend Management provider, today announced that Convergys Corporation (NYSE:CVG), a global leader in relationship management, is the largest Business Process Outsourcing (BPO) company to implement the complete suite of spend management solutions from Ketera. Businesses are always seeking cost savings to increase business value and profitability - and many industry leaders like Convergys are leveraging Ketera's solution to help automate procurement processes, drive down spend on goods and services, and minimize on-premise infrastructure investments.
Ketera Enables Businesses to Automatically Adjust to UK VAT Tax Rate Changes
Dec 22, 2008 Ketera, the leading On Demand Spend Management provider, today announced that businesses operating in the United Kingdom can easily manage the recent change in the Value Added Tax (VAT) rate which took effect December 1, 2008 using Ketera's Spend Management solutions. Updates to tax rates were made seamlessly and transparently without any impact to customers using Ketera's web-based suite, offered in a Software as a Service (SaaS) model.
Asplundh Selects Ketera for On Demand Spend Management
Dec 10, 2008 Ketera, the leading On Demand Spend Management provider, and Asplundh Tree Expert Co., a leading provider of vegetation management and utility services, today announced plans to use Ketera's Spend Management solution as part of Asplundh's ongoing efforts to improve productivity and profitability. Asplundh will use several applications from the Ketera web-based suite to strengthen spend management and analysis, as part of a strategy to improve operational efficiencies in its procurement processes.
Ketera Strengthens Management to Deliver Innovative Community for Buyers and Suppliers
Oct 23, 2008 Ketera, the leading provider of On Demand Spend Management solutions, announced today several additions to the management team that will help fuel Ketera's growth and the advancement of its innovative spend management solutions. Ryan Ashburn joins Ketera as Vice President of Sales, Mike Gardner will lead development as Vice President of Products, and Leslie Cedar returns to the company as Vice President of Business Development.
Ketera Founder Returns to Lead Company
Feb 8, 2008 Ketera, the leading provider of On Demand Spend Management solutions, today announced that the company's founder, Steve Savignano, has been appointed as the new chief executive officer. Savignano will replace Burton M. Goldfield who joined the company as CEO in April of 2006. Previously, Savignano served as CEO of Ketera from 2003 to 2006 and helped build the company's team and strategy as a leader in the global Enterprise Spend Management market.
Ketera Achieves Record Growth in 2007
Jan 30, 2008 Closing out another year of strong corporate momentum and successful product innovation achievements, Ketera, the leading provider of On Demand Spend Management solutions, today announced it achieved record growth in 2007.
Inc. Magazine Reveals its 25th Annual List of America's 500 Fastest-Growing Private Companies
Dec 8, 2007 Inc. magazine has announced its 25th annual Inc. 500 ranking of the fastest-growing private companies in the country. Ketera, the leading provider of On Demand Spend Management solutions, ranked No. 130 on the list, with three-year growth of 768 percent.
Ketera On Demand Spend Management Solutions Achieve Powered by SAP NetWeaver® Certification
Dec 6, 2007 With global interest in enterprise-class on demand offerings increasing, SAP customers now have a compelling low-risk option to fully leverage their approved supplier network and improve control of spending. Ketera, the leading provider of On Demand Spend Management solutions, today announced that its solution suite has achieved the "Powered by SAP NetWeaver®" certification.
Ketera Named a "Red Herring 100 Global 2007" Award Finalist
Nov 29, 2007 Ketera, the leading provider of On Demand Spend Management solutions, announced today that Red Herring Magazine has named the company a finalist for the "Red Herring 100 Global 2007" award, a prestigious list honoring this year's most promising private technology ventures in the world.
Convergys Selects Ketera Enterprise Spend Management Suite for Global Development
Nov 13, 2007 Ketera, the leading provider of On Demand Spend Management solutions, today announced that Convergys Corporation (NYSE: CVG) has selected Ketera's Enterprise Spend Management suite to help it achieve best in class procurement results across its global operations. Convergys will implement Ketera Spend Analysis, Sourcing, Contract Management, Procurement, and Invoice Management solutions to fully leverage enterprise buying power, improve procure-to-pay effectiveness and implement stronger internal controls.
Ketera Named to Software Magazine's 25th Annual Software 500
Oct 31, 2007 Ketera, the leading provider of On Demand Spend Management solutions, today announced its inclusion on Software Magazine's Software 500 ranking of the world's largest software and service providers, now in its 25th year. Ketera climbed from #418 in 2006 to #403 in 2007, with a 65 percent revenue increase.
Ketera Ranked Tenth in Deloitte's Technology Fast 50 Program for Silicon Valley Software & Information Technology Companies
Oct 30, 2007 Ketera, the leading provider of On Demand Spend Management solutions, has been named to Deloitte's prestigious Technology Fast 50 Program for Silicon Valley - a ranking of the fastest growing technology, media, telecommunications, and life sciences companies in the region by Deloitte & Touche USA LLP, one of the nation's leading professional services organizations.
Ketera Redefines the Supply Base Management Market with New Supplier Connect Solution
Oct 9, 2007 Ketera, the leading provider of On Demand Spend Management solutions, today unveiled Ketera Supplier Connect, an end-to-end Supply Base Management solution that challenges the existing pricing and deployment model for supplier enablement and supplier network solutions. Leveraging a Software-as-a-Service architecture, Supplier Connect provides both buyer - and supplier-facing tools that help enterprise companies drive efficiency and predictability from their investments in new or existing sourcing and procure-to-pay applications.
Ketera Selected as "The Next Big Thing" at Enterprise 2007
Jul 23, 2007 Ketera, the leading provider of On Demand Spend Management solutions, today announced that it's been selected as one of "The Next Big Thing" companies by Sand Hill Group for the prestigious invitation-only Enterprise 2007 Conference taking place July 22-24, 2007 in Pebble Beach, Calif. Additionally, Ketera CEO Burton M. Goldfield will be speaking at the conference on July 24.
Ketera Honored in 2007 Supply & Demand Chain Executive 100
Jul 19, 2007 Ketera, the leading provider of On Demand Spend Management solutions, today announced that the company has been named to the prestigious Supply & Demand Chain Executive 100 listing for the fifth consecutive year.
Ketera Achieves 13th Consecutive Quarter of Record Growth
Jul 4, 2007 Ketera, the leading provider of On Demand Spend Management solutions, today announced yet another record quarter of momentous growth, achieving its thirteenth straight quarter of increased revenues. Over 20 new Fortune 500 and mid-enterprise customers, totaling more than $6 million in contract value, came on board with Ketera in the last 90 days making this Ketera's fastest growing quarter yet.
Ketera Q1 Results Signal Strong Fiscal and Product Momentum
Apr 25, 2007 Ketera, the leading provider of On Demand Spend Management solutions, today announced it closed another successful quarter by achieving its fiscal goals, securing new customer wins, expanding its footprint with existing customer and maintaining a rich product pipeline in the first quarter of 2007.
Corbus and Ketera Team to Optimize `Source-to-Pay´ Services
Apr 20, 2007 Corbus, the global leader in Procurement Outsourcing, and Ketera, the leading provider of On Demand Spend Management solutions, today announced an alliance that will help optimize source-to-pay services for customers by bringing together expertise in spend management, technology enablement and continuous process improvement.
Ketera Selected to Present During the Innovation Showcase at Software 2007
Apr 18, 2007 Ketera, the leading provider of On Demand Spend Management solutions today announced its been selected as an Innovation Showcase presenter at the upcoming Software 2007 Conference, taking place May 8-9, 2007 at the Santa Clara Convention Center. Twenty five notable software companies have been selected to present at this year's conference aiming to explore and underscore the continued importance of innovation in the software industry.
Ketera CEO Named Top Industry Professional by Supply & Demand Chain Executive
Mar 27, 2007 Ketera, the leading provider of on-demand Spend Management solutions, today announced that it's CEO, Burton Goldfield, was a recipient of Supply and Demand Chain Executive's 2007 Provider Pros to Know award. This annual award is given to individuals in the industry who have personally helped raise and increase the recognition and importance of Supply Chain as a strategic function within the enterprise.
Ketera CEO to Participate in Software as a Service Fall Webcast Series, Hosted by Triple Tree and SIIA
Mar 9, 2007 Ketera, the leading provider of On Demand Spend Management solutions, today announced CEO, Burton M. Goldfield, will participate in an interactive Software-as-a-Service (SaaS) webcast titled, "The Potential Convergence of SaaS and BPO." The hour-long event is the first of a four-part Fall SaaS webcast series hosted by TripleTree and the Software & Information Industry Association (SIIA), and will take place on Thursday, Sept. 21, 2006 at 9:30 a.m. PT /12:30p.m. ET.
Ketera to Host Live Webcast: "Spend Analysis: Gaining Deep Insights into Your Spending Patterns"
Feb 14, 2007 Ketera, the leading provider of On Demand spend management solutions, today announced it will host a live and interactive webcast titled, "Spend Analysis: Gaining Deep Insights Into Your Spending Patterns" on Tuesday, February 20, 2007 at 1:00 p.m. ET/10:00 a.m. PT. The webcast will feature analyst insight from AMR Research.
Ketera Announces Next Generation Spend Analysis Solution
Feb 6, 2007 Ketera, the leading provider of On Demand Spend Management solutions, announced today the release of Ketera Spend Analysis 5.0, a next generation on demand spend analysis solution and the latest addition to Ketera's robust Mercury Spend Management Platform. Integrated as part of the highly-innovative Mercury solutions platform, Ketera's new spend analysis solution provides customers with complete and accurate visibility into their spend to help them identify additional cost savings.
Ketera and Hyperion Announce Parnership to Deliver Operational BI Capabilities
Jan 30, 2007 Ketera, the leading provider of On-Demand Spend Management solutions, and Hyperion (Nasdaq Global Select: HYSL), the global leader in Business Performance Management (BPM) software, today announced they have signed an OEM partnership agreement to deliver operational BI capabilities to customers. Ketera plans to integrate its on demand (web-based) solution with a traditional, on-premise application supported by Hyperion behind a corporate firewall, which will be a milestone in the rapid evolution of the Software-as-a-Service (SaaS) market.
Ketera Completes Record Fiscal Year
Jan 24, 2007 Ketera Inc., the leading provider of On Demand Spend Management solutions, today announced it achieved record growth in 2006 under the new executive leadership of CEO Burton M. Goldfield. Finishing the year strong with solid revenue growth, Ketera successfully launched the industry's first "consumerized" corporate purchasing system, increased its overall customer base and built strategic partnerships in 2006.
Ketera Raises $14 Million in Oversubscribed Funding Round and Hires IBM Executive
Jan 8, 2007 Ketera, the leading provider of On Demand Spend Management solutions, announced today that it has secured $14 million in its mezzanine round of funding. This over-subscribed round was led by Duff, Ackerman and Goodrich (DAG) Ventures, and was joined by Teachers' Private Capital, the private investment arm of the Ontario Teachers' Pension Plan (OTPP), one of the world's largest pension plans with CDN $96 billion in assets.
Ketera and The Claro Group Team to Offer Strategic Sourcing and Services
Nov 14, 2006 Ketera, the leading provider of On Demand Spend Management solutions, and The Claro Group, a leading management consulting firm with deep sourcing and procurement skills, today announced an alliance agreement designed to offer customers a one-stop, on demand solution for strategic sourcing and services.
Ketera Named to Software Magazine's 24th Annual Software 500
Oct 31, 2006 Ketera, the leading provider of On Demand Spend Management solutions, today announced its inclusion on the Software 500, Software Magazine's list of the world's foremost software and services providers, published as an online catalog on www.Softwaremag.com. In 2006, Ketera ranked #418, with software revenue of $6.6 million. Last year, Ketera was ranked #447 on this list, with software revenue of $5.9 million.
Ketera Named Silicon Valley's Third Fastest Growing Software & Information Technology Company in Deloitte's Technology Fast 50 Program
Oct 26, 2006 Ketera, the leading provider of On Demand Spend Management solutions, has ranked third among software and information technology companies on Deloitte's prestigious Technology Fast 50 Program for Silicon Valley, a ranking of the fastest growing technology, media, telecommunications and life sciences companies in the area by Deloitte & Touche USA LLP, one of the nation's leading professional services organizations.
Ketera Ranked Number 27 Fastest Growing Company in North America on Deloitte's 2006 Technology Fast 500
Oct 19, 2006 Ketera, the leading provider of On Demand Spend Management solutions, today announced that it ranked Number 27 on Deloitte's 2006 Technology Fast 500, a ranking of the 500 fastest growing technology, media, telecommunications and life sciences companies in North America. Rankings are based on percentage revenue growth over five years, from 2001-2005. Ketera grew 9,876 percent during this period.
Ketera and Infosys BPO Form Strategic Procurement Outsourcing Alliance
Oct 17, 2006 Ketera, the leading provider of On Demand Spend Management solutions, and Infosys BPO, the business process outsourcing subsidiary of Infosys Technologies (NASDAQ:INFY), today announced a strategic alliance designed to help enterprise customers transform their procure-to-pay business processes with outsourced solutions and services.
Ketera Consumerizes Corporate Procurement to Unlock Hidden Savings
Aug 24, 2006 Ketera, the leading provider of On Demand Spend Management solutions, unveiled today breakthrough product innovations that consumerize the corporate procurement process for the first time in history. Created to bring the online consumer shopping experience to corporate users, the new Ketera Procurement solution and integrated Mercury platform will unlock hidden procurement savings and eliminate maverick spending.
Ketera Launches On Demand Supplier Content Management Solution
Aug 15, 2006 Ketera, the leading provider of On Demand Spend Management solutions, today launched Ketera Supplier Content Management, an on demand content management solution that integrates with the Ketera Supplier Portal to offer complete visibility into the catalog management process. These new capabilities bring the next level of sustainable benefits to organizations struggling to realize expected savings from eProcurement.
Ketera Momentum Continues to Build in Second Quarter of 2006
Jul 24, 2006 Ketera Inc., the leading provider of On Demand Spend Management solutions, today announced it maintained strong growth momentum in the second quarter of 2006. While undergoing a successful executive transition and welcoming Burton M. Goldfield as new chief executive officer during the quarter, Ketera also remained consistent across the board with a one hundred percent customer renewal rate and the addition of several new mid-market and enterprise customers.
Ketera Honored in 2006 Supply & Demand Chain Executive 100
Jul 18, 2006 Ketera Inc., the leading provider of On Demand Spend Management solutions, today announced that the company has been named to the prestigious Supply & Demand Chain Executive 100 listing for the fourth consecutive year. The annual list honors leading providers of supply chain services and technologies at the forefront of innovation, for enabling enterprises to transform their supply and demand chains for competitive advantage.
Ketera Named Red Herring Top 100 Winner
May 22, 2006 Ketera, the leading provider of On Demand Spend Management solutions, today announced it has been selected as a winner of the annual "Red Herring 100 North America" award by Red Herring magazine. This list of 100 privately held companies in North America recognizes those that play a leading role in innovating the technology business.
Ketera "Consumerizes" Corporate Procurement: Unveils New "Point, Click, Buy, Save" Solution
Apr 24, 2006 Ketera, the leading provider of On Demand Spend Management solutions, today unveiled the newest version of its Ketera Procurement solution delivering the functionality and ease-of-use that enables companies to "consumerize" the e-procurement experience for their users. The new version of Ketera Procurement enables rapid adoption as users don't have to learn a complex corporate purchasing system and can instead leverage their ecommerce shopping experience at work.
Ketera Names Burton M. Goldfield New Chief Executive Officer
Apr 20, 2006 Ketera, the leading provider of On Demand Spend Management solutions, today named industry veteran, Burton M. Goldfield, as the company's new chief executive officer. Prompted by increased global demand for its on demand spend management solutions and the company's recent high-volume surge of customer wins, Goldfield, 50, was appointed to the executive leadership role in an effort to scale the company's business leadership to match its explosive growth momentum.
Clubconnect Selects Ketera Platform for Australian Hospitality Portal
Apr 18, 2006 Ketera Technologies, the leading provider of On Demand Spend Management solutions, today announced that Clubconnect has selected the Ketera Procurement Solution for use with the Clubconnect Supplyline Portal-a buyer and supplier market for the Australian gaming industry. Chosen for its user friendly interface, rapid time to value and advanced functionality, the Ketera Procurement solution will be used to improve spend compliance and maximize savings by eliminating maverick or off-contract spending.
Ketera Short-Listed as a Finalist for the "Red Herring 100 North America" Awards
Apr 5, 2006 Ketera, the leading provider of On Demand Spend Management solutions, today announced the company is one of the top 200 contenders for the annual "Red Herring 100 North America" list. Well over 1,000 privately held technology companies submitted to this year's edition of the prestigious award, giving evidence to the invigorated innovative and entrepreneurial strength of the technology ecosystem.
Ketera and Supply & Demand Chain Executive to Host Live Webcast: "Best Practices in e-Procurement"
Mar 16, 2006 Ketera Inc., the leading provider of On Demand Spend Management solutions, today announced its collaboration with Supply & Demand Chain Executive magazine, ServiceMaster and the Aberdeen Group to host a live webcast titled, "Best Practices in e-Procurement" on Tuesday, March 21, 2006 at 10a.m. PT/1p.m. ET.
Ketera CEO Receives 2006 Provider "Pros to Know" Award Honor
Mar 10, 2006 Ketera Technologies, the leading provider of On Demand Spend Management solutions, today announced that Steve Savignano, Chairman and CEO of Ketera, has been honored by Supply & Demand Chain Executive's prestigious 2006 Provider "Pros to Know" award. The award is an annual listing of top industry professionals from supply and demand chain software providers who have propelled advancements in the industry through technology-related innovation.
Ketera Announces Event Dates for Ketera Connect 2006
Feb 7, 2006 Ketera, the leading provider of On Demand Spend Management solutions, today announced the event dates for Ketera Connect 2006, the premier on demand spend management best practices user conference that will be held April 24 - 25, 2006 at the Hotel Valencia in San Jose, Calif.
Ketera Achieves Record Fiscal Growth
Jan 23, 2006 Ketera, the leading provider of On Demand Spend Management solutions, today announced the company achieved record growth in its fiscal year of 2005. Finishing the year strong, Ketera, in its fourth quarter, continues to add new customers to its fast-growing roster, spanning multiple industries and geographies and ranging in size from mid to large enterprises. More significantly, Ketera achieved a renewal rate of over ninety five percent from existing Fortune 500 customers.
Ketera Launches Invoice Management
Jan 12, 2006 Ketera, the leading provider of On Demand Spend Management solutions, today launched Ketera Invoice Management, the industry's first integrated on demand invoicing application that offers complete visibility into an organization's cash flow management. This new invoicing solution, combined with Ketera's comprehensive suite of spend management solutions, creates the first fully-integrated, on demand procure-to-pay solution offering in the marketplace.
Ketera Grows Sales Force to Meet Market Demand
Jan 5, 2006 Ketera, the leading provider of On Demand Spend Management solutions, today announced that it is expanding its sales force in order to accommodate growing market demands in both the enterprise and mid-market. Ketera has hired Mike Precia, as Vice President of East Coast Enterprise from Perfect Commerce sales and Mid-market sales veteran, Chris Fowler from NetSuite, as Vice President of the Mid-market sales team.
Ketera Secures $13 Million in Funding to Broaden its International Reach and EXPAND its Sales Force
Dec 6, 2005 Ketera Technologies, Inc., the leading provider of On Demand Spend Management solutions, today announced that it has secured $13 million in its fourth round of funding. The investment was led by Emergence Capital and Concentric Equity Partners. The deal also included follow-on investments from world class investors Kleiner, Perkins Caulfield and Byers (KPCB), Integral Capital, and Foundation Capital Partners.
Ketera Spend Management Solutions are Key to Unlocking Savings for British Transport Police
Nov 1, 2005 Ketera, the leading provider of On Demand Spend Management solutions, today announced that the British Transport Police (BTP) will significantly cut costs, save time and gain unprecedented visibility into their spend with the Ketera Contract Management and Ketera Spend Analysis solutions.
Ketera Announces Significant Worldwide Growth for Q3 2005
Oct 25, 2005 Ketera, the leading provider of On Demand Spend Management solutions, today announced it added companies like Toshiba, BASF, ServiceMaster, On Assignment, Delta Air Lines, GMAC, Kennametal, and the British Transport Police during the third quarter of fiscal year 2005. The number of registered Ketera customers rose above 5,500 new paying subscribers across the company's full spend management solution suite, up nearly 50 percent on a year-over-year basis. More significantly, Ketera surpassed $3.2 trillion in annual spend processing.
Suppliers Using Ketera Solutions Maximize Value with Zero Transaction-Based Fees
Oct 21, 2005 Ketera, the leading provider of On Demand spend management solutions, today announced that a record number of suppliers in the Ketera Supplier Network are gaining maximum value by avoiding transaction-based fees within the Ketera system. As a result, the Ketera Supplier Network has surpassed more than a billion dollars in annual transactional spend via its growing directory of over 750,000 unique suppliers.
Columbia Credit Union Selects Ketera On Demand Spend Management Solution
Oct 19, 2005 Ketera, the leading provider of On Demand Spend Management solutions, today announced that Columbia Credit Union, a community credit union, will implement their contract management solution to improve visibility, gain efficiency and streamline the contract management lifecycle process.
Ketera Contract Management Solution Gains Momentum with Spike in Customer Adoption
Oct 19, 2005 Ketera, the leading provider of On Demand Spend Management solutions, today announced that customer adoption of its on demand Contract Management solution is on the rise. Since May 2005, nearly 40 new customers of all sizes and all industries (including Staffing, Government, Medical, Financial Services, Industrial and Chemical) have deployed the Contract Management solution, which maximizes savings and ensures compliance by providing control and visibility into all contracts.
Ketera Named to Software Magazine's 23rd Annual Software 500
Sep 28, 2005 Ketera, the leading provider of on demand spend management solutions, today announced its inclusion on the Software 500, Software Magazine's list of the world's foremost software and services providers, published as an online catalog on www.Softwaremag.com. Ketera was ranked #447, with software revenue of $5.9 million.
On Demand Movement Gains Momentum with Customer "Bill of Rights"
Sep 14, 2005 Ketera, the leading provider of on demand spend management solutions, today released the On Demand Bill of Rights. The On Demand Bill of Rights is a declaration intended to help customers gain awareness of and claim their various rights to business value from business applications.
Ketera Introduces On Demand Spend Management Solutions for AppExchange at Dreamforce '05
Sep 12, 2005 At Dreamforce '05, Ketera, the leading provider of on demand spend management solutions and salesforce.com (NYSE: CRM), the global leader in on demand customer relationship management (CRM), today announced the introduction of Ketera's suite of on demand Spend Management solutions for AppExchange.
Ketera's Global Mid-Market Momentum Demonstrates On Demand Spend Management Solutions Deliver Value Beyond the Enterprise
Aug 24, 2005 Ketera (www.ketera.com), the leading provider of on demand spend management solutions, today announced that mid-market leaders selected Ketera's on demand spend management solutions to increase productivity, ensure compliance, improve supplier relationships and control costs - ultimately delivering bottom-line savings to their customers.
Ketera Named to Supply & Demand Chain Executive 100 2005
Jul 13, 2005 Ketera (www.ketera.com), the leading provider of on demand spend management solutions, today announced that the company has been named to the prestigious Supply & Demand Chain Executive 100. The list honors innovative supply chain solution providers that are helping to lead the way in transforming companies' supply and demand chains.
Ketera Solutions Reach $170 Billion in Annual Spend by 15,000 Users with 650,000 Unique Suppliers
May 31, 2005 Ketera, the leading provider of on demand spend management solutions, today announced that it has reached $170 billion in annual spend by 15,000 users with 650,000 unique suppliers. Drilling into one solution area, Ketera reports that its Supplier Network has supported and enabled transactions exceeding $750 million across 15,000 users and 25,000 participating suppliers.
Ketera Takes Hold of Mid-Market with New Suppliers
Apr 20, 2005 Ketera, the leading provider of on demand spend management solutions, today announced new members to the Ketera Supplier Network, the most extensive supplier network available supporting hosted procurement and spend management services. The network is comprised of suppliers that offer everything from MRO to IT software and hardware, office supplies, books and contingent labor. The new members of the Ketera Supplier Network include Barnes & Noble Books, OfficeMax, CDW, Newark Electronics and En Pointe Solutions.
Ketera and Aptium Global Partner to Give Manufacturers Increased Cost Savings, Buying Power
Mar 30, 2005 Ketera Technologies Inc., the leading provider of on demand spend management solutions, today announced that Aptium Global has joined the Ketera Sourcing Partner Program to offer manufacturing companies in the mid-market more visibility and control of their corporate spend.
Ketera CEO Honored by Supply & Demand Chain Executive Magazine as One of 2005's "Pros To Know"
Mar 17, 2005 Ketera Technologies, the leading provider of on demand spend management solutions, today announced that Steve Savignano, chairman and CEO of Ketera, has been awarded the prestigious award of "2005 Pro's to Know" by industry magazine, Supply & Demand Chain Executive. The "Pros to Know" award is an annual listing of individuals from supply and demand chain software providers who have driven advancements in the industry through technology-related innovation.
Ketera Technologies Taps Former NetSuite Executive to Lead Marketing Strategy
Feb 2, 2005 Ketera Technologies Inc., the leading provider of on demand procurement solutions, today announced the appointment of Tara Ryan to Vice President of Marketing. Drawing on her twenty years of global marketing experience and most recent success at NetSuite, Ryan will help Ketera build on its unprecedented customer momentum to lead the software industry into a new on demand era.
Ketera Announces First Sourcing Partner Program for On Demand Procurement Services
Jan 18, 2005 Ketera Technologies Inc., the leading provider of on demand procurement solutions, today announced the Ketera Sourcing Partner Program, its first reseller partner program. Aimed at increasing Ketera's reach to the mid-market, the program utilizes the expertise of industry specific professional services and sourcing companies.
ServiceMaster Saves on Spend with Ketera's On Demand Spend Management Solution
Jan 10, 2000 Ketera, (www.ketera.com) the leading provider of On Demand Spend Management solutions, today announced that ServiceMaster (NYSE: SVM) has deployed Ketera's Procurement solution for all direct and indirect material spend. By using the Ketera solution, the provider of interior and exterior residential and commercial home services will streamline its entire purchasing process, making it easier for employees to obtain the materials they need while reducing costs from off-contract purchases.