ProcureApp Launches New Product for Travel Procurement Professionals

CHICAGO and DENVER, Aug. 19, 2011 /PRNewswire/ -- ProcureApp, announced today the release of innovative technology that allows travel, purchasing and financial executives to reduce company expenses while gaining negotiating leverage with suppliers of all types. ProcureApp customers can now provide real time demand management capabilities to employees who spend company dollars for business travel and for other expense categories.

ProcureApp is a powerful tool for financial and procurement professionals that alerts employees to preferred suppliers and purchasing methods when they are looking for goods and services. ProcureApp discretely alerts employees when demand is present and provides for: 100% compliance capabilities, the ability to change suppliers easily and to alert employees to new savings opportunities without disrupting their time. ProcureApp helps companies capture more company expenses and can result in savings of 5%-20%.

"With employees focused on driving business initiatives, purchasing & travel departments are looking for ways to save money, influence, communicate and educate without having sourcing initiatives distract. Capturing additional spend allows companies to reduce costs and improve supplier negotiations," said Phil Hammer, VP Business Development, ProcureApp. "We are excited to assist companies of all sizes to realize the power of this innovative tool to provide demand management capabilities."

ProcureApp will provide an exclusive opportunity to view these capabilities at the Global Business Travel Association (GBTA) Convention, August 21-24 at the Colorado Convention Center in Denver, CO. Booth #1491.

As an early employee of the Orbitz Worldwide's corporate travel unit, Phil Hammer will lead product strategy and new client acquisition. "I'm passionate about new technologies and in helping corporation's to save expenses via new internet applications. Companies are looking for incremental savings from new technologies and I'm excited to assist travel procurement professionals to realize the promise of cost effective demand management applications."

About ProcureApp

ProcureApp discretely alerts employees when demand is present and provides for: 100% compliance capabilities, the ability to change suppliers easily and to alert employees to new savings opportunities without disrupting their time. ProcureApp helps companies capture more business expenses and can result in savings of 5%-20%. ProcureApp is pleased to partner with e-procurement software, e-sourcing initiatives, purchasing software and online booking tools. www.procureapp.com

SOURCE ProcureApp