Global eProcure Recognized by NJBIZ Magazine as a Fast Growing Company

Third appearance on the competitive list of New Jersey’s fastest growing companies.

Clark, New Jersey
November 17, 2008

Global eProcure has been honored for the fourth time as one of New Jersey’s fastest growing companies by NJBIZ Magazine. Companies selected for inclusion on the list needed to meet certain revenue requirements during the past three fiscal years as well as provide evidence of revenue growth during the same time period. Dollar and percentage increases were taken into account when factoring in the companies honored on the list.

After nearly six years of consistently profitable revenue growth, Global eProcure has become a widely recognized name in the field of spend management technology and consulting. With a variety of Fortune 100 companies as clients, Global eProcure’s reach has helped the company grow into a global firm with offices throughout the US, Europe, and Asia. “After finishing yet another successful year, we are thrilled to be recognized with this award,” says Global eProcure CFO, Sam Gadodia. “The company’s staggering growth has been one of the biggest challenges that we’ve had to manage, but this is the best problem that any company could hope to have. We wouldn’t have it any other way,” says Gadodia.

With a full suite of spend management technology offerings complemented by consulting expertise capable of addressing the most complex cost reduction issues faced by companies and governmental organizations, Global eProcure is well-positioned for ongoing future growth. “We have set very aggressive growth targets for the company in 2009, but I have no doubt that our employees will be able to make it happen,” comments Gadodia.

About NJ Biz and New Jersey’s Finest

NJ BIZ is the leading provider of business news and information about New Jersey companies and the New Jersey economy. The company publishes a weekly newspaper and also distributes information through books, a website, and other media.

NJ Biz's New Jerseys Finest, honoring the states fastest growing companies, is sponsored by Pricewaterhouse Coopers, Lowenstein Sandler PC, Infiniti, PNC Bank, and Dendrite International. Please visit www.njbiz.com for more information.

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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