Enhanced Sourcing Solutions Help Customers Focus on Strategic Areas of Procure–to–Pay Cycle; Achieve Immediate Savings
Santa Clara, Calif., and Chicago, Il., November 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. Under terms of the agreement, the companies are teaming to provide a joint solution that provides customers with access to a highly leveraged set of procurement tools and a wide range of category savings experience. Additionally, both companies will collaborate on joint sales and marketing initiatives to enhance their positions as leaders in the spend management and strategic sourcing solutions.
Customers often require a coordinated effort to achieve their sourcing and savings goals. The joint strategic sourcing offering from Ketera and The Claro Group offers customers access to an "out–of–the–box" solution that combines strategic knowledge and sourcing expertise along with tactical sourcing solutions and services. As a result, customers can expect to see more value in a shorter amount of time from all their procure–to–pay activities and achieve greater business process excellence.
"We′re very excited to be working with Ketera and believe that this alliance will benefit our clients," says Venanzio P. Arquilla, managing director, The Claro Group. "By combining our knowledge of leading procure–to–pay practices and our commodity sourcing skills with Ketera′s premier on demand spend management solutions, customers can tap into our extensive supplier knowledge base, strategic sourcing capabilities and category expertise to rationalize their supplier base, reduce costs and gain immediate savings."
"Our joint offering with The Claro Group will alleviate many of the challenges procurement professionals face today with managing the procure–to–pay cycle and extracting savings and value from this critical business process," said Burton M. Goldfield, CEO, Ketera. "By combining our on demand solutions with The Claro Group′s deep sourcing knowledge and expertise, our customers can quickly deploy a comprehensive set of solutions and services to help them reduce procurement costs, increase savings in their sourcing initiatives and most importantly, refocus their attention to the internal strategic procure–to–pay needs within their organization."
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