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Ketera Launches On Demand Supplier Content Management Solution
 
  New Content Management Solution Fully Integrates With the Ketera Supplier Portal; Helps Procurement Overcome Significant Implementation and Adoption Barriers

Santa Clara, Calif., August 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.

The newest addition to Ketera′s suite of on demand spend management solutions, Ketera Supplier Content Management improves buyer–supplier relationships and increases savings by simplifying how users catalog and manage supplier data – perhaps the largest unanticipated challenge when it comes to achieving spend management success.

Ketera Supplier Content Management is an integral part of the Ketera Supplier Portal, a one–stop, web–based environment for all suppliers to on–board their content, transact with diverse buyers and maximize their savings potential by making use of various spend analysis solutions. Ketera Supplier Content Management is an automated application that augments the power of the Supplier Portal by enabling buyers and suppliers to effectively reduce the services costs and manual work associated with supplier on–boarding and catalog management.

Specifically, Ketera Supplier Content Management offers users complete visibility into the daunting task of supplier catalog management and publication by providing workflow, notifications and alerts throughout every step of the process. It offers both mid and large–sized enterprise users alike the flexibility to handle diverse requirements by providing configurable customer preferences and task parameters with enhanced accuracy.

The new capabilities enable customers to focus on higher value tasks by automating supplier management and minimizing human intervention wherever possible. In addition, the new on demand content management solution is inherently easy to use and offers greater utility, which ensures faster deployment of Procurement solutions, and encourages a new level of user adoption because the amount of suppliers increases and the available content is up–to–date.

“Making catalog data available is not a trivial task. In fact, our experience suggests that it can be the biggest hurdle to achieving expected savings and results from spend management initiatives,” said Burton M. Goldfield, CEO of Ketera. “With our new content management capabilities, Ketera will help customers dramatically increase procurement savings by reducing implementation and adoption barriers, and transacting effectively with their suppliers in the shortest time possible.”

Key Features and Benefits

Ketera Supplier Content Management provides the following capabilities:
» Catalog uploading, validation and approval functionality
» Content resubmission for updating an existing catalog
» “Diff Reports” highlight differences between production and proposed catalog versions for help in the review process
» Upon approval, the catalog may be activated and made available for the buyers

Pricing and Availability

Ketera Supplier Content Management integrated with the Ketera Supplier Portal is available immediately in all geographies. Pricing is available upon request.

About Ketera

Ketera is the leading provider of on demand, spend management solutions, providing companies with the applications and services needed to control and reduce corporate spending at a low cost of ownership.

Ketera Spend Management includes applications for spend analysis, sourcing, procurement, contract management, supplier performance and payment and reconciliation. The Ketera difference is our on demand delivery model, which combines hosted spend management applications with the "heavy lifting" services required for success, including supplier enablement, hardware infrastructure, project resources, system administration and solution upgrades.

For more information about Ketera and the Ketera Spend Management suite of services, please visit www.ketera.com.
 
To learn how Ketera Spend Management Solutions can help your business, call 1–877–486–4340
 
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