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ASM Expands PNet License to Include ePayables Red Bank, NJ November 10, 2005 - Advantage Sales and Marketing (ASM) has recently expanded its use PNet by adding PNet’s ePayables functionality to their implementation. ASM originally selected PNet in 2004 to address internal procurement requirements specifically focused on controlling and managing its technology spend. They completed their implementation of PNet eProcurement last year and continue to expand its use throughout the company. The licensing of PNet ePayables will complement their procurement initiative and allow ASM to gain additional controls and efficiency in processing invoices. “We’re excited to expand our relationship with ASM. They are a perfect example of a company that used a phased approached in implementing PNet. They implemented eProcurement last year and will begin implementing ePayables this year,” states PurchasingNet’s CEO, Tim McEneny. Advantage Sales and Marketing is one of the country's leading sales and marketing agencies specializing in outsourced sales, merchandising, category management, and marketing services to manufacturers, suppliers, and producers of food products and consumer packaged goods. ASM services a variety of trade channels such as grocery, mass merchandise, specialty, convenience, drug, dollar, club, hardware, and home stores. ASM has over 1,200 clients, 12,900 associates, and $700 million in annual revenue. About PurchasingNet, Inc. PurchasingNet, Inc. is a leading provider of Web-based eProcurement and ePayables software to mid- and large-sized companies. The company has over 1,400 customers in Financial Services, Retail/Consumer Products, Professional Services, Media/Publishing and a variety of other industries. Founded in 1983, PurchasingNet has focused exclusively on the development and implementation of Procurement and Payables applications since inception. In addition to building an extensive, blue-chip client base, PurchasingNet possesses deep domain expertise in Purchasing and Payables business processes. The average length of service at PurchasingNet is 8 years per employee. PurchasingNet’s customers include Countrywide Financial, US Bank, Navy Federal Credit Union, American Financial Group, Liz Claiborne, HBO, EarthLink, Black & Decker, Kroger, and General Mills.
For Details, Contact: Erinn Tarpey |