RealTime IT News

Frictionless Commerce Delivers New E-Commerce Suite

Frictionless Commerce Inc. rolled out the PurchaseSource software suite this week.

The company said the software has the ability to offer intelligent decision support for purchasers across both dynamic and static priced commerce environments simultaneously.

The result is higher transaction volumes, increased buyer/seller satisfaction and improved ROI on initial technology investments, the company claims.

"Our technologies represent the answer to a real problem in online purchasing -- efficiently and effectively determining what to buy by evaluating offerings from multiple manufacturers and vendors," said Robert Guttman, chief technology officer and founder of Frictionless Commerce.

"Our PurchaseSource products are designed to enable buyers to easily locate the exact products and services that best fit their needs. When integrated with an online catalog, exchange or auction, buyers can fully capture and understand the various offerings on the market and then make intelligent purchase decisions."

Separately, Frictionless announced a joint marketing agreement with Open Ratings, a relatively new unbiased e-commerce ratings service, that will combine the new PurchaseSource software suite and Open Ratings' independent e-commerce ratings to help buyers make more informed and cost effective purchasing decisions.

Financial arrangements were not disclosed.

Open Ratings offers a rating service that is designed to increase the level of trust, reliability and brand recognition in e-Marketplaces, with an initial focus on the business-to-business market sector.