Spend Controls and Visibility Add Significant Value to e-Procurement Solutions to Maximize Budget Dollars and Potential Savings
Reston, VA and Horsham, PA, February 29, 2008, TakeCharge Technologies, the smart spend savings solution, and eSchoolMall, the leading provider of online procurement solutions for schools, today announced a value-added partnership that will positively alter the spend and procurement world. TakeCharge enables all types of entities to gain control of their spend and maximize savings opportunities. eSchoolMall helps these same constituencies save time and money in their purchasing and sourcing processes.
Together, TakeCharge Technologies and eSchoolMall seamlessly manage the entire spend lifecycle, from vendor management and requisitioning through to payment and management of spend. “The eSchoolMall and TakeCharge partnership provides a comprehensive view of the overall purchasing and payment process along with powerful governance, analysis and compliance capabilities,” said Debbie Hamel, President and CEO of TakeCharge Technologies. “Our solution sets merge nicely for the benefit of our customers and their bottom line.”
“Our two companies saw that this complementary technology could really provide benefit,” said Dan Corazzi, President of eSchoolMall. “Both companies bring a service-oriented and customer-focused methodology to the partnership that is also very complementary.”
Procurement data will drive spend management decision-making which, in turn, will drive procurement decisions. Several large public sector agencies have served in an advisory role in the benefit definition process. This input has been invaluable in defining the relationship between TakeCharge Technologies and eSchoolMall.
About TakeCharge Technologies
TakeCharge Technologies optimizes your spend programs immediately by gaining visibility, managing risk and providing control with its ProCharge solution. While augmenting your existing financial, accounting, expense and purchasing systems, ProCharge provides additional profitability painlessly and economically. ProCharge delivers monitoring during the entire spend cycle, ensures alignment with organization policies and compliance, increases profit through unrecognized discounts and rebates in conjunction with spend intelligence that increases financial efficiencies. For more information, please visit www.takechargetech.com or contact Debbie Hamel, TakeCharge Technologies, 877-476-5848 prompt 1 or info@takechargetech.cominfo@takechargetech.com.
About eSchoolMall
eSchoolMall (www.eschoolmall.com), an ESM Solutions company, is the leading Internet-based procurement solution provider in the education market. The eSchoolMall solution set includes online procurement tools that connect schools with their preferred vendors. eSchoolMall has been recognized by Inc. Magazine’s Inc. 5000 as one of the fast growing privately held companies in the US and twice by Philadelphia 100 as one of the fastest growing, privately-held companies in the Greater Philadelphia region. eSchoolMall's core purpose is to apply technology, saving time and money that schools can reallocate to already under-funded student programs, to make it easier for schools to go about the business of education. eSchoolMall has over 4,000 educational entities using its electronic procurement solutions.
TakeCharge Technologies is a leading provider of spend management software for minimizing p-card program fraud, for providing an audit of purchasing card policy and for providing accounting for purchasing cards. Our procurement management applications help to monitor client p-card policies and procedures, provide payment method management, purchasing card internal control accounting for purchasing cards and procedures to determine how efficient is your p-card program. Our Web site provides purchasing cards flow charts and examples of how to minimize p-card program fraud.
