PurchasingNet, Inc.

PurchasingNet, Inc. has enabled more than 1,400 companies, agencies and service organizations to save time and money, gain organizational efficiency, and keep pace with regulatory reporting requirements such as those associated with the Sarbanes-Oxley Act.

Founded in 1983, PurchasingNet, Inc. is a privately held corporation, headquartered in Red Bank, NJ. PurchasingNet’s mission is to:

Develop and utilize technologies that allow organizations to streamline the Procure-to-Pay process, improve customer service, improve internal controls, strengthen supplier relationships, and increase profitability.

PurchasingNet,Inc has extensive 24-year track record and experience implementing large enterprise systems.

The Specific Product Overview is set out as follows:

The Company’s Software overview is as follows:

  
 
 
   
 
Implementing PurchasingNet’s solutions will experience, the company these benefits:


  
 

• Improved Internal Controls (SOX Compliance)
• Superior Spend Visibility
• Increased Contract Compliance
• Streamlined AP Process
• Increased Supplier Discounts

  
 
PNet Procure-to-Pay solutions also provide audit trails, assure proper authorizations, eliminate potential fraud, and allow capital and expense costs to be properly allocated. The software includes over 200 standard reports and inquiries. Enterprise Spend Management provides executive dashboards, key performance indicators, and drill-down capabilities for easy access to supporting detail.

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