Appian Launches Industry's First Procurement Solution With Integrated E-Commerce, Collaborative Workflow, and Document Management FunctionalityNew Real-time Enterprise Web Solution Allows Customers to Manage and Automate Procurement Lifecycle VIENNA, Va., May 21, 2003 -- Appian, a leading provider of real- time, enterprise web solutions to the public and commercial sectors, today announced the general availability of Appian Procurement, the industry's first open, standards-based, J2EE compliant procurement solution with e-commerce, collaborative workflow, and document management features. The Appian Procurement solution is based on the third generation of Appian's award-winning technology platform, which features enterprise portal, document and content management, personalization, and identity management technology. Optional extensions for transaction reconciliation and data extraction, transformation, and loading (ETL) are also available. "Organizations can achieve enormous return on investment by automating complex and transaction-intensive enterprise procurement processes," said Matt Calkins, President and CEO of Appian. "With Appian Procurement, organizations will be able to manage and monitor every step of the procurement process, from product or vendor evaluation, to tracking and reporting vendor performance. Using Appian Procurement, organizations will be able to standardize purchasing processes, reduce transaction costs, and strengthen relationships with key vendors." The benefits of Appian Procurement include: * Compliance with corporate purchasing policies and procedures. Appian Procurement enables centralized purchasing control, eliminating maverick spending and maximizing leverage of corporate purchasing power, thus resulting in dramatic cost savings. * End-to-end procurement lifecycle support, from the initial RFP development and publication, to award and long-term contract management. Appian Procurement manages and automates the entire procurement lifecycle, eliminating error-prone, manually intensive, paper-processes that waste time and money. * A flexible process management engine that maps to organizational best practices. By allowing business users to create and optimize procurement workflows, in real-time, to support evolving procurement processes, Appian Procurement can lower an organization's IT development and support costs. * Authoritative, versioned, digital storage of all procurement-related information and documents. Appian Procurement allows organizations to store purchase approvals, statements-of-work, award forms, and other procurement-related documents in a secure, centralized repository, reducing the need for additional costly data storage and bandwidth. * Delivers real-time management reporting of order status, system performance, productivity, and other key metrics. Appian Procurement's built-in reporting capabilities allow organizations to monitor, measure, and optimize business processes and vendor relationships, resulting in increased operational efficiencies and greater profitability. Appian customers deploying Appian Procurement include the U.S. Marine Corps, the U.S. Department of Transportation, and the World Bank Group. Availability: The Appian Procurement solution suite is available immediately from Appian by calling 703-442-8844, or by e-mailing sales@appiancorp.com. About Appian Appian, a software and professional services firm, is a leading provider of real-time, enterprise web solutions to the public and commercial sectors. For more information, visit http://www.appiancorp.com, send e-mail to info@appiancorp.com, or call 703.442.4612. SOURCE Appian Web Site: http://www.appiancorp.com |