Global eProcure Recognized by Leading Outsourcing Publication

Global eProcure Ranked in Top 5 of Procurement Outsourcing Companies

Clark, New Jersey
February 24, 2009

Global eProcure has been listed as one of the top five procurement outsourcing vendors in the 2008 Black Book of Outsourcing. This industry-renown manual chronicling the key trends and players in outsourcing is published by the Brown-Wilson Group and has been referenced by leading experts in the outsourcing field.

To compile the listing of key procurement outsourcing vendors, the publishers sent out surveys to thousands of C-level executives and other professionals involved in making outsourcing decisions. Results assessing procurement outsourcing capabilities were focused on four key areas: strategic sourcing and supply chain management (Source-to-Pay); purchasing/buying services and transaction management; logistics and category management; and contract and spend management. Within these categories, survey respondents rated vendors on 18 categories ranging from trust and scalability to breadth of offerings and customer care.

“For Global eProcure to be ranked as a top procurement outsourcing vendor in the Black Book of Outsourcing marks a major milestone for the company’s outsourcing operations. In 10 short years we have managed to equal and in some cases surpass the capabilities of many larger and more established companies. We are very appreciative of our clients who have shared their positive experiences with us in this survey,” said Global eProcure’s Head of International Operations and CFO, Sam Gadodia.

Global eProcure’s position on the list emerged through ranking the fifty highest among 4,207 global outsourcing suppliers of various service lines and locations, based on the collective client experience of 24,910 user respondents. 1,690 suppliers from 45 countries, who received at least ten verifiable client ballots, were qualified for the 2008 Black Book 50. Vendors could not influence or opt out of the balloting process.

According to Scott Wilson, Partner, Brown-Wilson Group and co-author of The Black Book of Outsourcing, “Global eProcure ranked among the top suppliers due to its continuous focus on customer satisfaction in procurement outsourcing services, and successfully engage and manage outsourcing relationships as recognized by their actual clients."

For more information about Global eProcure’s procurement outsourcing capabilities, please visit http://www.globaleprocure.com/www/en-US/visitors/allnew/outsourcing.html

About the Black Book of Outsourcing

Brown-Wilson Group's research mission is to offer balanced, objective and unbiased results to help organizations maximize significance, increase speed-to-results, and mitigate risk in outsourcing/sourcing initiatives. Brown-Wilson Group, based in Clearwater, Florida measures their own success via report users' ability to achieve and sustain significant improvements in their outsourcing decisions from aligning customer experience research and strategies that stand the test of time.

About Global eProcure

Global eProcure is a procurement transformation solutions company that provides the ‘right-sized’ Sourcing and Procure-to-Pay (P2P) technologies, on-demand. The software suite is offered in a flexible package, allowing customers to pick and choose solution components that match their unique transformation goals.

We simplify technology and leverage a powerful combination of people and innovative processes to ‘accelerate’ organizational transformation. Our full-suite offering of tools and process expertise, enables strategic partnerships with leading global organizations lasting several years, ensuring delivery of value at every step. The software tools cover the end-to-end requirements of medium to large sized organizations, at the transaction layer (P2P), the strategic layer (sourcing and supplier relationship management), the governance layer (spend compliance) and the analytics layer (spend dashboard).

We are a privately held enterprise with its world headquarters in Clark, NJ and regional headquarters in Prague, Czech Republic, London, Shanghai, Hyderabad and Mumbai, India. For more information about Global eProcure, please visit www.globaleprocure.com.

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Media Enquiries:

Siddharth Hegde
Director of Marketing
siddharth.hegde@globaleprocure.com
Desk: 732-382-6565 Ext: 4009
Cell: +91-9820217252

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