Avotus Introduces eProcurement Consulting Practice

Expands eProcurement capabilities with telecommunications consulting practice built on ICM eProcurement Automated Solution

TORONTO and BOSTON, Sept. 24 - Avotus Corporation, the leading provider of Telecom Expense Management (TEM) and eProcurement solutions, today announced that it will be expanding its footprint in eProcurement by introducing a consulting practice in response to customer demand for more customized eProcurement capabilities.

The new eProcurement consulting practice will provide customers a new standard of eProcurement and contract negotiations and builds upon Avotus' ICM eProcurement automated solutions. Avotus' proprietary ICM eProcurement technology allows vendors to compete for business in an online "reverse auction" thus shrinking the RFP process by months.

Avotus ICM eProcurement(TM) is a patent pending, electronic RFP and reverse auction platform specifically designed for the complexities of communications procurement. It includes the industry's only proprietary knowledgebase of best-in-class rates, terms and service levels derived from actual carrier bids. ICM eProcurement WebAuction(TM) has been used successfully by national and multinational organizations to obtain better contracts including rates, service levels and terms than they could have achieved using any other method. Customers have consistently obtained double-digit savings, many in excess of 50% depending on technology and sourcing criteria Using ICM eProcurement, these organizations have been able to complete sourcing projects in significantly less time and with less impact on internal resources - which adds to the overall cost savings of using this automated solution.

Avotus eProcurement consulting services offer a customized solution for companies looking to simplify telecom procurement. Avotus' expert consultants conducted a detailed analysis of all contracts in a detailed data gathering phase, then handle all phases of the procurement process from RFP development, analysis of RFP responses, clarification of responses, to detailed measurement of sourcing objectives against enterprise service objectives and sourcing strategy consulting.

Avotus' proprietary database allows the company to conduct a precise analysis of pricing and deliver optimal solutions for customers then finally negotiate vendor contracts with full pricing power.

Avotus' eProcurement Consulting services are offered on a flexible, modular basis. Companies can elect to purchase a full suite of consulting services or engage only for an initial analysis of needs.

"In the new telecom reality, enterprises are struggling to manage all aspects of the communications lifecycle," said Alan Gold, Chief Marketing Officer for Avotus. "With so many devices, applications and both wireline and wireless to manage, enterprises are looking for simple, customized solutions to help them gain control over their telecom spend. Avotus eProcurement consulting services, combined with our powerful, automated eProcurement ICM product, offer enterprises an unparalleled opportunity to manage telecom spending.

About Avotus Corporation

Avotus is changing the way companies source, procure, and manage their communications services and assets. Combining technology, automation, and domain expertise, Avotus is redefining industry best practices. Avotus solutions eliminate the wasted time and hassle usually associated with contracting for new communications services and products, and renegotiating existing or expiring agreements. Automated invoice processing, ordering and inventory management, comprehensive spend management and reporting enable Avotus customers to realize significant spend reduction and achieve ongoing visibility, cost containment, policy adherence, and process improvements without operational overhead or capital investment.

Avotus has a 20-year history of empowering companies of all sizes to gain lasting control over their complete worldwide communications environment through the effective management of their voice, mobile and wireless, data and converged communications spend. For more information, visit http://www.avotus.com/.

EDITORS - For further information:

Mike Gallo
of Gutenberg Communications
for Avotus Corporation

Source: Avotus Corporation

Web site: http://www.avotus.com/

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