Are you looking for a means to quickly reduce purchasing transaction costs and rein in maverick spending?

If so, you won't want to miss our March 17th seminar.

You're invited to join LBMC Technologies and Paramount Technologies for a no-cost web-based seminar on Workplace eProcurement.

Workplace eProcurement is a web-enabled purchasing suite that automates the complete procure-to-pay cycle. The suite includes applications for requisition entry, cXML PunchOut, check request, budget compliance, RFQ, PO generation, invoice matching, and vendor contract enforcement with approval workflow throughout the entire process.

Benefits of Workplace eProcurement:
* Achieve 5% - 10% price reductions through improved contract compliance
* Reduce order requisition costs from $114 per order to $31 on average
* Shorten purchase and fulfillment cycles from 8 days to 2 days
* Cut in half instances of maverick purchasing
* Lower inventory costs for indirect goods by 25% to 50%

According to a top industry analyst firm, using these benefits, a midsize company adopting e-Procurement could potentially achieve about $2 million saving in the first year of deployment. Most adopters of eProcurement realize an ROI of 126% to 300% within the first year of deployment.

Web Demo:
Date: Tuesday, March 17th, 10AM Eastern/9 AM Central
Topic: "Using WorkPlace eProcurement to Control Transaction Costs and Rein in Maverick Spending"
Location: The comfort of your own office!

To register for the Workplace eProcurement Web Seminar email Shelley Madison and reserve your seat today.

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