CombineNet Releases ASAP 4.4 to Further Speed and Simplify Strategic Sourcing Activities

PITTSBURGH, Sept. 27 /PRNewswire/ -- CombineNet, Inc., the leading provider of advanced sourcing technologies, has introduced new features and enhancements with its ASAP 4.4 (Advanced Sourcing Application Platform) solution to deliver greater speed and efficiencies to buyers across all spend categories.  CombineNet ASAP is an advanced Software-as-a-Service (SaaS) sourcing solution that helps procurement organizations worldwide capture more spend under management, reduce costs, improve sourcing decisions, and increase buyer productivity.

"Companies are turning to best-of-breed solutions like CombineNet to fill the gaps left by general-purpose sourcing solutions," said Rich Wilson, CombineNet President and COO.  "With this latest release of ASAP, CombineNet continues to address the unmet needs of sourcing organizations that want more powerful, flexible solutions to drive significant cost reductions by managing a greater portion of their enterprise-wide spend. ASAP 4.4 gives our customers even greater advantages in the areas of speed, ease of use, and improved management of their sourcing processes."

Highlights of ASAP version 4.4, released today, include new functionality to further improve buyer efficiency in the creation and management of sourcing events, RFIs (requests for information) and supplier interactions:

• Event Quick Launch:  Buyers can launch online sourcing events – of any size, scale, or complexity -- from existing templates in 4 easy steps.
• RFI Configuration Wizard: ASAP 4.4 simplifies the configuration of online RFIs for supplier evaluation and assessment.
• Improved Supplier Communications: The communications console improves notifications, interaction and data gathering with suppliers before, during and after sourcing events.

Additional CombineNet ASAP 4.4 release enhancements include performance improvements for data uploads; faster optimization time for complex analysis scenarios; and a significantly expanded library of online training and page-level help documentation.

For more detailed information on the benefits of CombineNet ASAP, please visit www.combinenet.com.

About CombineNet

CombineNet is the advanced sourcing technology company. The company's optimization-driven Software as a Service (SaaS) solutions deliver the absolute best total cost of goods and services based on the buying organization's unique business needs.  Easy to use advanced sourcing solutions significantly increase the speed and efficiency of the sourcing cycle, increasing buyer productivity and decision-making power. CombineNet has delivered more than $5 billion in bottom line savings for businesses worldwide including General Mills, PepsiCo, Procter & Gamble and others. For more information, visit www.combinenet.com.

SOURCE CombineNet