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| Ketera Introduces On Demand Spend Management Solutions for AppExchange at Dreamforce ′05 |
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Industry–leading on demand Order Management and Contract Management solutions now available for preview to Salesforce users via AppExchange, salesforce.com′s new on demand application sharing service
San Francisco, Calif., September 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. The availability of an integrated suite of Spend Management solutions on AppExchange means that salesforce.com users can now have advanced capabilities in contract management, order management, procurement, sourcing and spend analysis tightly integrated with their salesforce.com CRM environment. Built on salesforce.com′s Appforce on–demand platform, Ketera Spend Management solutions for AppExchange are available immediately for preview in the AppExchange, and will be generally available at the same time as the Salesforce Winter ′06 release. The applications are being demonstrated at Dreamforce ′05, September 11–14, in San Francisco.
Ketera Spend Management solutions for AppExchange are some of 70 launch applications that are available through AppExchange, salesforce.com′s new on–demand application sharing service.
With AppExchange, salesforce.com customers now have access to new applications that bring the benefits of salesforce.com to their entire business, letting them manage and share all of their company information on–demand. Using AppExchange, companies can easily add new apps to their existing Salesforce deployments, extending their success and making the full power and creativity of the salesforce.com customer and partner community available with just a click.
"We designed Appforce so that our key partners like Ketera could port their solution to our on–demand platform and have it seamlessly integrated with our CRM and use one data store, one sharing model, and one consistent user interface," said Adam Gross, Director of Product Marketing, salesforce.com. "Now, with AppExchange, our customers can browse, test–drive, and one–click install applications like Ketera′s spend management solutions, and allow their users to switch between multiple on demand applications, all running in the same salesforce.com environment."
In most companies, Contract Management and Order Management are tedious, error–prone and essentially manual processes. Lack of visibility over contract expiration dates, clause–level commitments and service–level agreements means that companies often have significant revenue loss or increased spend. Ketera Contract Management addresses these specific issues, helping drive contract compliance and visibility. Similarly, with Ketera Order Management, salesforce.com users can now have real–time visibility into documentation during the Order Management lifecycle – Purchase Orders, Shipping Notices, Receipts, Invoices and Payments.
"The availability of Ketera Spend Management solutions for AppExchange signals a new era of composite business applications – all available in an on demand manner," said Steve Savignano, CEO of Ketera. "Companies around the world of any size can now offer enhanced customer service and satisfaction by having access to real–time information, not just during the pre–sales process, but also through the complete procure to pay cycle."
AppExchange is the world′s first on demand application sharing service. Launched at Dreamforce ′05 , AppExchange features dozens of pre–built applications created by salesforce.com customers and partners. AppExchange enables all of these on–demand applications to be easily shared, exchanged and installed with one click into any salesforce.com account. AppExchange can be found at www.salesforce.com/appexchange.
Appforce is a complete on demand platform that includes Appforce Builder, Appforce DB, Appforce API and the Appforce OS for development & deployment of multiple on demand applications. Appforce provides unprecedented ease of customization and integration for Salesforce deployments, as well as enabling a whole new generation of on demand applications that go beyond CRM.
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 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.
Investors in the company include Kleiner Perkins Caulfield & Byers and Foundation Capital. For more information about Ketera and the Ketera Spend Management suite of services, please visit www.ketera.com.
About salesforce.com
Salesforce.com is the market and technology leader in on–demand customer relationship management (CRM). The company′s Salesforce family of on–demand applications enables customers to manage and share all of their sales, support, marketing and partner information on demand. Appforce, salesforce.com′s on demand platform, allows customers to customize and integrate the Salesforce family to meet their unique business needs, and build whole new powerful applications quickly and easily. Appforce applications are available via AppExchange, salesforce.com′s on–demand application sharing service. Customers can also take advantage of salesforce.com′s world–class training, support, consulting and best practices offerings.
As of July 31, 2005, salesforce.com manages customer information for approximately 16,900 customers and approximately 308,000 paying subscribers including Advanced Micro Devices (AMD), America Online (AOL), Automatic Data Processing (ADP), Avis/Budget Rent A Car (Cendant Rental Car Group), Dow Jones Newswires, Nokia, Polycom and SunTrust. Any unreleased services or features referenced in this or other press releases or public statements are not currently available and may not be delivered on time or at all. Customers who purchase salesforce.com services should make their purchase decisions based upon features that are currently available. Salesforce.com has headquarters in San Francisco, with offices in Europe and Asia , and trades on the New York Stock Exchange under the ticker symbol "CRM". For more information please visit http://www.salesforce.com, or call 1–800–NO–SOFTWARE. |
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