|
by Diane Himes, MA Editorial Staff Posted on Monday, July 23, 2007 5:48:00 PM Sign Up to receive Daily News Alerts in your E-mail Inbox    | Abstract: | Perfect Commerce and CorMine complete merger; plan to provide an array of on-demand sourcing and procurement technology and services offerings. |
| Keywords: | Supplier relationship management, Perfect Commerce, CorMine, merger, SRM, spend management, procurement, e-procurement, outsource procurement |
On-demand supplier relationship management provider Perfect Commerce has announced the completion of a merger with procurement outsourcing service provider CorMine LLC. The combined company will retain the Perfect Commerce name and maintain headquarters at the former CorMine location in Hampton, VA. Specific terms of the deal were not disclosed. Perfect Commerce, founded in 2000, competes with such vendors as Procuri, Emptoris, and Ariba in the on-demand supplier relationship and spend management market. Its SRM software suite includes the PerfectProcure, PerfectManage, PerfectFinance, PerfectInsight, and PerfectSource modules. CorMine, whose customers are large manufacturing and technology companies, including Boeing, Del Monte, Hitachi, and Lenovo, emerged as a stand-alone business in 2001 after a stint providing procurement and sourcing services exclusively to IBM. [Click to continue] |
|
|
|
|