Verso Technologies Inc. (NASDAQ: VRSO), a full service provider (FSP) of business technology solutions, Tuesday (Oct 17) announced that it will add to its stable an eProcurement solution featuring Clarus Corporation (NASDAQ: CLRS) software.
Verso’s eProcurement solution will allow medium-sized companies to leverage their buying power, strengthen their supplier relationships and streamline their internal purchasing processes. It gives companies the ability to eliminate unplanned buying and improve cost efficiency by automating procurement practices and funneling online purchases through pre-selected suppliers under pre-negotiated pricing contracts.
The solution uses Clarus’ eProcurement application suite to streamline the purchasing process, thereby eliminating inefficiencies associated with paper-based requisitioning and manual workflow. As an FSP, Verso delivers Clarus’ eProcurement solution and supports the application with on-going data and hardware management, software maintenance, upgrades and help desk support.
“The eProcurement market is beginning to explode, but many of our customers have been left on the sidelines because they simply can’t afford an enterprise eProcurement application,” said Denise Grey, president of Verso’s ASP business unit and chief marketing officer.
Verso’s subscription-based delivery model promises 99.7% application uptime and 24x7x365 application support. The monthly fee includes the software license, with ongoing maintenance and upgrades, rapid deployment with Verso’s JumpStart implementation process, network and application management, hosting infrastructure and customer response center services.
Verso was formed from the merger, announced in July 2000, of full service ASP Eltrax Systems, Inc. and e-business solutions provider Cereus Technology Partners. Inc. The name change and the merger became effective on September 29, 2000.