Vinimaya Announces EasyPortal™ ePurchasing Solution

Two customers already using EasyPortal as their company-wide procure-to-pay system

SHELTON, CT (August 29, 2007)
-- Vinimaya, the leading provider of next generation supplier enablement solutions for e-procurement, today announced the availability of its EasyPortal™ ePurchasing Solution. Two Vinimaya customers have already successfully implemented EasyPortal as their procure-to-pay system for purchasing indirect materials.

The winning case study examined how Vinimaya deployed their patent-pending ViniSyndicate Catalog Integration System™ for this client in less than three months, enabling both online and stored supplier catalogs covering the majority of the client’s targeted Indirect spend. ViniSyndicate now powers this client’s company-wide supplier portal, allowing users to place orders from preferred supplier catalogs at negotiated prices right from their desktop browsers. The portal is fully integrated with the client se-procurement systems, and is used worldwide, currently serving operations in North American, South America and Australia. In addition to increasing user adoption and spend capture, ViniSyndicate helped the client dramatically reduce supplier enablement and user training costs, as well as improved supplier contract price compliance.

ViniSyndicate, when implemented alone, complements enterprise e-procurement systems like Ariba Buyer, Oracle iProcurement, PeopleSoft Enterprise eProcurement and SAP EBP by making supplier e-catalog enablement simple and cost effective, thanks to its ability to utilize existing online supplier catalogs and web sites without the need for XML punchout, while providing users with key functionality like federated search, item compare, saved carts, favorites lists and price auditing, none of which are supported by XML punchout. Leading companies like 3M, Corning, Sunoco, Agilent Technologies and others currently use ViniSyndicate for managing e-catalogs.

EasyOrder, when implemented alone, makes distribution and management of purchase orders, invoices and purchase card transactions fast, easy and inexpensive for both buyers and suppliers.

When combined as EasyPortal, the proven, high performance, market-leading capabilities of both products create an easy-to-deploy, easy-to-use, fully hosted and administered Procure-to-Pay (P2P) solution for Indirect and MRO purchasing with functionality that rivals, and the case of e-catalogs, exceeds the capabilities of multi-million dollar enterprise e-procurement systems.

EasyPortal is being marketed to companies whose e-purchasing process does not require the complexity of the previously mentioned enterprise e-procurement systems (Ariba Buyer, Oracle iProcurement, PeopleSoft Enterprise eProcurement and SAP EBP), and to smaller companies who cannot afford to invest in an enterprise e-procurement system but would like to have advanced e-purchasing capabilities. Like ViniSyndicate and EasyOrder, EasyPortal is architected to operate in a SaaS (Software as a Service), multi-tenant, OnDemand environment, making it a perfect platform for third parties wanting to create vertical purchasing portals or marketplaces.

About Vinimaya

Vinimaya, Inc. is a privately held software solutions company that provides Supplier Enablement Solutions for E-Procurement for both buyers and suppliers, based on the patent-pending Vinimaya Intelligent Agent Server (IAS)™, that are 100% compatible with e-procurement systems such as Ariba Buyer, SAP EBP, Oracle iProcurement and PeopleSoft Enterprise eProcurement among others. Visit http://www.vinimaya.com or call 888-808-8464.

"Vinimaya", "ViniSyndicate", "ViniSyndicate Catalog Integration System", "ViniSyndicate Supplier Integration System", "EasyOrder", "EasyPortal", "Vinimaya Supplier Solutions" and "Vinimaya Buyer Solutions" are registered trademarks of Vinimaya, Inc. All other product and company names listed may be the trademarks of their respective owners.


Contact:
Leonard Lee
Vinimaya, Inc.
612-670-3445
llee@vinimaya.com

SOURCE: Vinimaya


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