E-Procurement Technology Continues to Advance Procurement Performance

Charlotte, NC — October 3, 2008 — E-procurement initiatives continue to be a primary focus within procurement departments. Reducing requisition-to-pay transaction costs while improving compliance with existing contracts and processes are among the top pressures behind e-procurement initiatives.

Top Drivers of E-Procurement Initiatives

Source: Aberdeen Group, August 2008

AberdeenGroup’s “E-Procurement Benchmark Report” evaluates the strategies, capabilities and procurement performance of over 400 enterprises illustrating the success that come from leveraging e-procurement technology.

According to AberdeenGroup’s research, e-procurement technology has helped best-in-class enterprises:

The research further revealed that e-procurement end-users are relying on this technology more often with each passing year.

Based on the research, in order to achieve best-in-class performance, it is suggested that enterprises:

“Our customers validate AberdeenGroup’s research efforts,” said Verian Technologies CEO Tehseen Ali.“ “The organizations we work with have seen dramatic improvement in procurement effectiveness since adopting Verian’s e-procurement solution.”

A complimentary copy of this report is available at

http://www.aberdeen.com/link/sponsor.asp?cid=5152.

------------------------------------------------For more information, contact:Anita Tauber, Marketing Programs Manageratauber@verian.com1-704-602-3372

About Verian Technologies

Verian Technologies helps mid- and large-sized organizations reduce costs and increase efficiency with easy-to-use solutions that automate procurement, invoice processing, employee reimbursements and asset management — capturing all expense data in a single database for analysis. Verian was founded in 1996 and is headquartered in Charlotte, NC. The company's clients represent industries such as oil & gas, banking, insurance, healthcare, industrial services, construction, retail and the public sector. Clients include Recreational Equipment Inc (REI), Boeing, Allstate Insurance Company of Canada and GNC Corp. For more information on Verian Technologies,visit http://www.verian.com.

About AberdeenGroup, a Harte-Hanks Company

Aberdeen is a leading provider of fact-based research and market intelligence that delivers demonstrable results. Having benchmarked more than 30,000 companies in the past two years, Aberdeen is uniquely positioned to educate users to action: driving market awareness, creating demand, enabling sales, and delivering meaningful return-on-investment analysis. As the trusted advisor to the global technology markets, corporations turn to AberdeenTM for insights that drive decisions. For additional information, visit Aberdeen http://www.aberdeen.com or call (617) 723-7890, or to learn more about Harte-Hanks, call (800) 456-9748 or go tohttp://www.harte-hanks.com.

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