Saving the Fortune 1000 $38B/Yr via real time integration of supplier parts and corporate ERP’s, revealing otherwise unknown product demand
Stage
Product In Development
Industry
Software
Location
Bristol, RI, USA
Currency
USD
Employees
3
Company Summary
Fortune 1000 companies actively negotiate price with their suppliers, then promptly over spend by $38B / Year because they are unable to direct purchases to those suppliers. Absolute Commerce addresses this problem by providing real time integration between electronic procurement solutions and supplier product catalogs, enabling our customers to reduce off contract purchases, increase working capital, and save millions of dollars in the process