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State Department Federal Credit Union Selects PurchasingNet to Automate their Procurement Process Red Bank, NJ September 12, 2005 - State Department Federal Credit Union (SDFCU) has selected PurchasingNet to automate their procurement processes. The PNet eProcurement solution will initially be implemented in the SDFCU Corporate headquarters. The second phase of deployment will encompass automating the requisitioning processes at branch locations. The PNet Direct Catalog Connection (DDC) will be used to automate the purchase of office supplies. The State Department Federal Credit Union was established in 1935. SDFCU has over 62,000 members worldwide and 1,825 branch locations in the United States . PNet applications will help them manage employee growth of 46% over the last year. 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 |