Cisco said the move will significantly lower its trading partner
transaction, inventory and administrative costs.
Cisco Systems is utilizing SPS Commerce’s Trading Partner Enablement program
to e-commerce enable its trading partners via a Web-based solution for
financial transactions, including invoicing, purchase order/purchase order
change and payment order acknowledgement.
SPS said Cisco will be able to send and receive all payments electronically.
Spending was not disclosed.
“We are pleased to assist Cisco in electronically enabling their trading
partners. Together, we are capitalizing on the Internet by sending their data
router to router and bypassing the Value Added Networks–ultimately
maximizing their return on investment,” said Steve Waldron, president and CEO
of St. Paul Software.