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TMCNet: Ketera Honored in 2007 Supply & Demand Chain Executive 100

[July 19, 2007]

Ketera Honored in 2007 Supply & Demand Chain Executive 100

SANTA CLARA, Calif. --(Business Wire)-- Ketera, the leading provider of On Demand Spend Management solutions, today announced that the company has been named to the prestigious Supply & Demand Chain Executive 100 listing for the fifth consecutive year.

"Being recognized among the Supply & Demand Chain Executive 100 is a testament to Ketera's extensive expertise and success in providing companies with the applications and services needed to control and reduce corporate spending at a low cost of ownership," said Burton M. Goldfield, chief executive officer, Ketera. "We are thrilled to receive this honor and will continue to focus on delivering a competitive advantage to customers by providing more spend visibility and control into the procure-to-pay process."

This year the magazine focused criteria for its "100" feature on the 21st century supply chain. "Our readers turn to Supply & Demand Chain Executive to learn about new solutions and best practices for enabling the supply chain, understand trends in supply chain technology and benchmark their own company's enablement initiatives with those of other enterprises across industry verticals," explained Andrew K. Reese, editor, Supply & Demand Chain Executive. "The corporate executives and line-of-business leaders who rely on the magazine want to know what the different supply chain solution and service providers are doing to help them meet the challenges of the 21st century supply chain."

Supply & Demand Chain Executive has identified leading providers of supply chain services and technologies who are at the forefront of innovation. Based on submissions to the "100" from end users and solution providers, the judging committee for the "100," including the editorial staff of the magazine, in conjunction with the editorial advisory board, has compiled a list of leading supply and demand chain innovators.

"Our goal with this year's '100,'" added Reese, "is to highlight a broad range of solutions and services targeted at a variety of industries, addressing the needs of companies of varying sizes and assisting in the transformation of a diverse mix of the functions that make up the supply chain."

About Ketera

Ketera is the fastest-growing provider of On Demand Spend Management solutions, providing companies with the applications and services needed to control and reduce corporate spending. Ketera's closed-loop spend management solutions include applications for spend analysis, sourcing, contract management, procurement, supplier enablement & content management, supplier performance management, and invoice management.

Since its inception, Ketera has supported enterprise customers of all sizes, industries and geographies, including numerous Fortune 500 companies. In 2006, Ketera surpassed $5 trillion in spend analyzed and more than $1 billion in transactions between buyers and suppliers. Many of the world's leading enterprise companies, including ServiceMaster, American Express, Kennametal, Con-way, and Northrop Grumman Corporation, depend on Ketera Spend Management to deliver real, hard-dollar savings quickly.

For more information about Ketera and the Ketera Spend Management suite of services, please visit: http://www.ketera.com.

About Supply & Demand Chain Executive

Supply & Demand Chain Executive is the executive's user manual for successful supply and demand chain transformation, utilizing hard-hitting analysis, viewpoints and unbiased case studies to steer executives and supply management professionals through the complicated, yet critical, world of supply and demand chain enablement to gain competitive advantage. On the Web at www.sdcexec.com.

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