P3SOFTWARE TRANSACTIONS EXCEED $100 MILLION IN 2004
Innovative Procurement System Demonstrates Sustained Growth and Value for Print Buyers
Boston, Mass -
Jan 24, 2005
P3Software, Inc., the print procurement software
innovator has announced that their flagship
P3Expeditor print procurement system processed
over $100 million in RFQ (Request for Quote)
transactions across over 10,000 print jobs in 2004.
Print buyers around the world are now using
P3Expeditor on a large scale to streamline the
procurement and production process, making buyers
and print media more competitive.
"What was once a trickle has turned into a steady
stream of business running through the P3Expeditor
system" remarked Caleb Tower, President of
P3Software. "In the next 12 months we see that
stream turning into a flood as the word about
P3Expeditor continues to spread across the graphic
communications industry. Last year our customer
base increased 400% and our transaction volume
jumped 1400%. This was very significant for us and
we look forward to strong growth in 2005."
Best practices and more...
The P3Expeditor system embodies the best practices
for procurement of printed goods while it
standardizes and streamlines the process. Print
buyers benefit directly from the productivity and
organization P3Expeditor delivers. Users typically
save 10%-20% on their print and related purchases
by efficiently obtaining competitive price information.
Organizations also gain greater control of their total
print spending, enabling strategic sourcing
negotiations and ensuring compliance with best
procurement practices.
From the print suppliers' perspective, P3Expeditor
delivers on the promise of e-commerce. The
P3Expeditor system delivers consistent
comprehensive information in a standardized format
to suppliers, without any cost, training or other
hassles. 2004 saw an additional 2500 new print
suppliers interact with their customers through the
P3Expeditor system. "P3Expeditor makes it easier for
printers to do business with our customers." notes
Bob Yancich, P3Software COO. "One of the indirect
benefits we hear about is that our customers are
getting their information back sooner with fewer
questions from suppliers. By making print
faster and easier to buy, P3Expeditor provides a
competitive advantage for print over other media,
which benefits the industry overall."
Learn more...
About P3Software
P3Software is a privately held company
headquartered in Boston, Massachusetts. The
company's mission is to provide affordable print
procurement solutions to:
- Non-profit Organizations
- Corporations
- Graphic Designers
- Advertising Agencies
- Print Resellers and Brokers
|
P3Software
Caleb Tower
President
phone:
617-256-3366
|
|
"P3Expeditor" and "P3Software" are trademarks of P3
Software, Inc.