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PNet Customers Lead in Productivity Gains According to Study Tim Minahan of the Aberdeen
Group unveils results of Red Bank, NJ March 1, 2005. Tim Minahan, SVP of Supply Chain research at the Aberdeen Group, recently presented the findings of the “2004 eProcurement Benchmark Report”. 147 companies were surveyed including 10 PNet customers. Specific findings relating to PNet customers:
“PNet customers clearly lead in productivity gains”, states Tim Minahan. “PNet is also outpacing the market in ease of deployment and maintenance according to our study.” “This survey demonstrates what we’ve been saying all along”, echoes PurchasingNet’s CEO, Tim McEneny. “PNet eProcurement and ePayables solutions provide the best value of any Procure-to-Pay solution on the market today. PNet provides our customers twice the benefit at half the cost….it’s tough to beat that kind of productivity.” 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 |