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TakeCharge Technologies Inc. (TakeCharge) and Deltek forge a Strategic Partnership to Provide Spend Savings, Continuous Audit and Governance Solutions
WASHINGTON, DC, July 20, 2010 – TakeCharge announced that it has entered into a strategic partnership with Deltek to provide integrated solutions for increased spend savings and better procure-to-pay controls.
“Our partnership with TakeCharge enables Deltek’s customers to benefit from automated compliance and improved procurement and payables savings through their ProCharge product’s continuous transactional auditing, reconciliation and spend intelligence," said Carolyn Parent, Executive Vice President of Worldwide Sales for Deltek. "In this economic climate, the continued importance of electronic oversight and improved cost savings makes this new collaboration extremely timely and valuable for our customers of all sizes."
TakeCharge offers Deltek’s clients a quick and easy way to initiate cost reduction, audit and optimize Procure-to-Pay (P2P) programs without expensive capital investments and lengthy implementation efforts. Customers can "take charge" of their spend through increased efficiencies and reduced expenses, while maximizing savings and compliance via unrecognized discounts, rebates and identification of erroneous spend. The seamless integration of TakeCharge’s ProCharge product with Deltek's systems connects disparate enterprise applications such as procurement, general ledger, travel and expense, and banking systems into one intuitive actionable view.
The Association for Financial Professionals (AFP) Payments' 2010 Fraud and Control Survey indicates an overwhelming 73% of organizations experienced attempted or actual payment fraud in 2009. As a leading provider of enterprise spend controls, intelligence and optimization, TakeCharge allows finance professionals to oversee and comply to policies, procedures and regulatory mandates for p-card purchases, travel and expense transactions and supplier payments. ProCharge enables organizations to not only cut down on spending, but also to increase compliance to remain competitive.
Deltek® (Nasdaq: PROJ) is the leading provider of software and solutions designed specifically for project-focused businesses. For more than two decades, Deltek software applications have enabled organizations to automate mission-critical business processes around the engagement, execution and delivery of projects. More than 12,000 customers worldwide rely on Deltek to measure business results, optimize performance, streamline operations and win new business. Visit www.deltek.com.
TakeCharge Technologies, Inc. helps organizations gain control of spend. ProCharge technology delivers financial improvements by integrating purchasing, financial, travel and expense and accounting data and processes in an intuitive, proactive, automated solution that continuously monitors, drives down costs, and eliminates risk. For more information, visit http://www.takechargetech.com
Media Contact:
Debbie Tyler
pr@takechargetech.com
Tel: +703 787 0429
TakeCharge Technologies’ CEO a Finalist for Prestigious Women in Technology Awards
TakeCharge Technologies’ CEO was selected as finalist for Women in Technology 10th Annual Leadership Awards
Women in Technology (WIT), the premier organization contributing to the success of professional women in the Greater Washington, D.C. technology community, has announced the finalists for the 10th Annual Women in Technology Leadership Awards.
Full news release can be viewed at Business Wire.
TakeCharge Technologies Partners with eSchoolMall
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.
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