itiliti Reveals Supplier Relationship Management Strategy For Human Capital

- itiliti to Extend Workforce and Supplier Management Application

For All Services -



Apr 30, 2001, 01:00 ET from iGATE Capital from ,itiliti

    MINNEAPOLIS, April 30 /PRNewswire/ -- itiliti, the market leader in
 workforce and supplier management solutions, today announced its strategy to
 provide Supplier Relationship Management solutions for all human capital and
 services procurement and management.  Currently itiliti applies SRM to deliver
 a robust application that streamlines the complex processes of managing
 contingent workforce and supporting supplier relationships.  itiliti's
 application easily translates to the processes and needs for managing people-
 based services.
     (Photo:  http://www.newscom.com/cgi-bin/prnh/20010110/IGTELOGO )
     "itiliti has long applied the principles of SRM to enable the enterprise
 to take a strategic approach to staffing processes and spending through
 heightened process efficiencies and optimizing preferred vendor relationships.
 Our clients realize enhanced process efficiencies and immediate return on
 investment," said itiliti President and CEO Wayne Bock.
     "The processes inherent in effective workforce management easily apply to
 a more complex services market.  Our goal is to continue developing the
 itiliti application to deliver robust solutions that address specialized
 processes for a variety of vertical service markets.  These companies are
 strategically impacted by the cost and effectiveness of services procurement
 and management," said Bock.
     Described as the new category of solutions that enable companies to
 optimize their relationships and expenditures with suppliers by Barry
 Wilderman, senior analyst with MetaGroup Research (Line56, Supplier
 Relationship Management article, Jan. 22, 2001), the budding SRM space has
 predominantly been associated with the procurement of hard goods.  While
 better leveraging supplier relationships naturally applies to the
 manufacturing supply chain, another highly complicated life cycle exists when
 managing and procuring human capital and services.
     Securing people-based services involves a collaborative process between
 suppliers and buyers that includes sourcing, collaborative purchasing,
 subjective quality and performance metrics, time and project tracking, time-
 based billing, personnel logistics, advanced reporting, contract management,
 etc.
     Large companies have different human capital and services needs across the
 enterprise.  In fact, it has been reported that companies today are spending
 60-80 percent of their indirect e-procurement dollars on services (iSource
 Magazine, January 2001).  Therefore, a successful SRM product must be flexible
 enough to address these needs across the enterprise while enhancing a
 company's overall performance.
     "Historically departments handle their individual services and staffing
 needs with different processes and through various suppliers.  From an
 enterprise perspective, these inconsistent processes account for a significant
 misuse of time, money and resources," said Bock.
     "Furthermore, disparate buying by department vs. strategic procurement by
 the enterprise prevents the company from fully optimizing the cost advantages
 of preferred vendor relationships.  For these reasons, companies that are
 strategically dependant on services will greatly benefit from the realized
 efficiency and cost-optimization of SRM."
     itiliti customers too are seeing the potential value in the SRM for
 services solution.  Gary Anderson, manager of Corporate Procurement for
 Carlson Companies said, "We are very pleased with the performance of the
 itiliti application for our contingent workforce management needs.  We have
 realized lower costs, time and resources due to heightened efficiencies in
 process and reducing our IT preferred supplier relationships from 150 to less
 than 10 currently.
     "The itiliti solution was recently implemented in our finance and
 accounting department with similar results as we expect to see enhanced ROI.
 We also see tremendous value for Carlson in itiliti's direction toward SRM for
 all services and already have identified other areas to implement the
 application for managing our services spending."
     itiliti plans to expand its existing workforce and supplier management
 application suite to include advanced reporting capabilities through the use
 of nQuire technology and webMethods integration technology for heightened
 connectivity for its many application users.  itiliti also will further
 develop overall supply chain collaboration functionality for suppliers and
 buyers like just-in-time inventory management that will enhance suppliers
 ability to manage and track their contracted workers and better anticipate and
 respond to customers future needs.
 
     About itiliti
     itiliti, an independently run software company, provides human capital
 management solutions for buyers and suppliers of staffing and services.  By
 applying the principles of supplier relationship management, itiliti enables
 Fortune 1000 companies to strategically manage staffing initiatives and gain
 process control to optimize cost, quality and efficiency.  Through its ASP-
 and Web-based solution set, itiliti advances procurement and supplier
 management to the next level.  Its robust and collaborative application suite
 manages the innate complexities of sourcing, tracking, engaging, reporting and
 retaining people and services.
     itiliti delivers workforce management solutions for an impressive list of
 companies including Best Buy, Firstar Corporation, Carlson Companies,
 CompuCom, Personnel Group of America, Pantellos and Kelly Services.
 Headquartered in Minneapolis, itiliti is an iGATE Capital (Nasdaq:   IGTE)
 company with 50+ employees and offices in Pittsburgh, Boston, New York,
 Houston, Chicago and San Francisco. For more information, please visit
 www.itiliti.com or call (888) 943-4340.
 
     Safe Harbor statements under the Private Securities Litigation Reform Act
 of 1995: Statements made in this press release that are not historical facts,
 including those that refer to iGATE's plans, beliefs and intentions, are
 "forward-looking statements" that involve risks and uncertainties.  These
 risks and uncertainties could cause actual results to differ materially from
 the forward-looking statements and include, but are not limited to, iGATE's
 ability to create, acquire and build new businesses, to achieve collaboration
 among its existing business, to locate appropriate new opportunities for
 investment, and to scale its existing and any new businesses. The Company's
 actual results may differ materially from the results anticipated in these
 forward-looking statements.  For a more complete description of the risks that
 apply to iGATE's business, please refer to the Company's filings with the
 Securities and Exchange Commission.
 
                     MAKE YOUR OPINION COUNT -  Click Here
                http://tbutton.prnewswire.com/prn/11690X69835011
 
 

SOURCE iGATE Capital; itiliti
    MINNEAPOLIS, April 30 /PRNewswire/ -- itiliti, the market leader in
 workforce and supplier management solutions, today announced its strategy to
 provide Supplier Relationship Management solutions for all human capital and
 services procurement and management.  Currently itiliti applies SRM to deliver
 a robust application that streamlines the complex processes of managing
 contingent workforce and supporting supplier relationships.  itiliti's
 application easily translates to the processes and needs for managing people-
 based services.
     (Photo:  http://www.newscom.com/cgi-bin/prnh/20010110/IGTELOGO )
     "itiliti has long applied the principles of SRM to enable the enterprise
 to take a strategic approach to staffing processes and spending through
 heightened process efficiencies and optimizing preferred vendor relationships.
 Our clients realize enhanced process efficiencies and immediate return on
 investment," said itiliti President and CEO Wayne Bock.
     "The processes inherent in effective workforce management easily apply to
 a more complex services market.  Our goal is to continue developing the
 itiliti application to deliver robust solutions that address specialized
 processes for a variety of vertical service markets.  These companies are
 strategically impacted by the cost and effectiveness of services procurement
 and management," said Bock.
     Described as the new category of solutions that enable companies to
 optimize their relationships and expenditures with suppliers by Barry
 Wilderman, senior analyst with MetaGroup Research (Line56, Supplier
 Relationship Management article, Jan. 22, 2001), the budding SRM space has
 predominantly been associated with the procurement of hard goods.  While
 better leveraging supplier relationships naturally applies to the
 manufacturing supply chain, another highly complicated life cycle exists when
 managing and procuring human capital and services.
     Securing people-based services involves a collaborative process between
 suppliers and buyers that includes sourcing, collaborative purchasing,
 subjective quality and performance metrics, time and project tracking, time-
 based billing, personnel logistics, advanced reporting, contract management,
 etc.
     Large companies have different human capital and services needs across the
 enterprise.  In fact, it has been reported that companies today are spending
 60-80 percent of their indirect e-procurement dollars on services (iSource
 Magazine, January 2001).  Therefore, a successful SRM product must be flexible
 enough to address these needs across the enterprise while enhancing a
 company's overall performance.
     "Historically departments handle their individual services and staffing
 needs with different processes and through various suppliers.  From an
 enterprise perspective, these inconsistent processes account for a significant
 misuse of time, money and resources," said Bock.
     "Furthermore, disparate buying by department vs. strategic procurement by
 the enterprise prevents the company from fully optimizing the cost advantages
 of preferred vendor relationships.  For these reasons, companies that are
 strategically dependant on services will greatly benefit from the realized
 efficiency and cost-optimization of SRM."
     itiliti customers too are seeing the potential value in the SRM for
 services solution.  Gary Anderson, manager of Corporate Procurement for
 Carlson Companies said, "We are very pleased with the performance of the
 itiliti application for our contingent workforce management needs.  We have
 realized lower costs, time and resources due to heightened efficiencies in
 process and reducing our IT preferred supplier relationships from 150 to less
 than 10 currently.
     "The itiliti solution was recently implemented in our finance and
 accounting department with similar results as we expect to see enhanced ROI.
 We also see tremendous value for Carlson in itiliti's direction toward SRM for
 all services and already have identified other areas to implement the
 application for managing our services spending."
     itiliti plans to expand its existing workforce and supplier management
 application suite to include advanced reporting capabilities through the use
 of nQuire technology and webMethods integration technology for heightened
 connectivity for its many application users.  itiliti also will further
 develop overall supply chain collaboration functionality for suppliers and
 buyers like just-in-time inventory management that will enhance suppliers
 ability to manage and track their contracted workers and better anticipate and
 respond to customers future needs.
 
     About itiliti
     itiliti, an independently run software company, provides human capital
 management solutions for buyers and suppliers of staffing and services.  By
 applying the principles of supplier relationship management, itiliti enables
 Fortune 1000 companies to strategically manage staffing initiatives and gain
 process control to optimize cost, quality and efficiency.  Through its ASP-
 and Web-based solution set, itiliti advances procurement and supplier
 management to the next level.  Its robust and collaborative application suite
 manages the innate complexities of sourcing, tracking, engaging, reporting and
 retaining people and services.
     itiliti delivers workforce management solutions for an impressive list of
 companies including Best Buy, Firstar Corporation, Carlson Companies,
 CompuCom, Personnel Group of America, Pantellos and Kelly Services.
 Headquartered in Minneapolis, itiliti is an iGATE Capital (Nasdaq:   IGTE)
 company with 50+ employees and offices in Pittsburgh, Boston, New York,
 Houston, Chicago and San Francisco. For more information, please visit
 www.itiliti.com or call (888) 943-4340.
 
     Safe Harbor statements under the Private Securities Litigation Reform Act
 of 1995: Statements made in this press release that are not historical facts,
 including those that refer to iGATE's plans, beliefs and intentions, are
 "forward-looking statements" that involve risks and uncertainties.  These
 risks and uncertainties could cause actual results to differ materially from
 the forward-looking statements and include, but are not limited to, iGATE's
 ability to create, acquire and build new businesses, to achieve collaboration
 among its existing business, to locate appropriate new opportunities for
 investment, and to scale its existing and any new businesses. The Company's
 actual results may differ materially from the results anticipated in these
 forward-looking statements.  For a more complete description of the risks that
 apply to iGATE's business, please refer to the Company's filings with the
 Securities and Exchange Commission.
 
                     MAKE YOUR OPINION COUNT -  Click Here
                http://tbutton.prnewswire.com/prn/11690X69835011
 
 SOURCE  iGATE Capital; itiliti