Talaris Corporation, A Leader in Services for Employee Services on Demand, Announces New Reporting Capability to Enhance the Talaris Employee Business Services Platform For the first time, companies can view and manage all of their employee business services spend in one web-based e-procurement reporting tool

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Talaris Corporation, the leader in services on demand for buyers and suppliers of employee business services, announced today new reporting tools as part of its platform. Talaris helps buyers dramatically reduce costs of business services such as travel, express mail, and web conferencing through real-time e-procurement.

Talaris Corporation, http://www.talaris.com, the leader in services on demand for buyers and suppliers of employee business services, announces today its comprehensive reporting capabilities integrated with the Talaris Employee Business Services (EBS) Platform. For the first time, corporate e-procurement managers as well as business users can view all of their employee business services spend in one place. Commodity managers of services such as package shipping, web and audio conferencing and travel, can view a breakdown of services spend by category, provider and service level. These comprehensive reports provide a complete view of spend across categories, highlighting categories where preferred providers are not being fully utilized. Additionally, full transaction data is available for export to a customer's analytics application.

This new capability greatly enhances a corporation’s ability to manage spend across a variety of employee business services categories. The reports contain policy information highlighting transactions in which employees are not using preferred providers or the correct service levels. This new capability allows managers to quickly pinpoint which employee groups are consistently out of policy or using non-preferred providers. Coupling reports with the Talaris policy engine that controls spend at the point-of-purchase, Talaris now provides a comprehensive e-procurement and management solution for controlling EBS spend from procurement through reconciliation.

“The Talaris Employee Business Services Platform (http://www.talaris.com/solutions already makes the scheduling and procurement of employee business services simple for employees, while giving the corporation control at the point-of-purchase” said Mark Orttung, VP of Products and Marketing. “By adding reporting to the platform, corporations now have complete visibility into their EBS spend. The result is full visibility and control for the corporation and unprecedented convenience for the employee.”

Employee Business Services (EBS)

Unlike indirect goods and corporate and labor services, EBS are a unique segment of indirect spend because they are time-sensitive, require scheduling and delivery coordination, and are personalized, requiring user information and preferences. Because EBS is distinguished by dynamic pricing, configuration requirements and service availability, these services cannot be described in a catalog or a typical purchase order and require collaboration and coordination within the company and with outside third parties at the time of selection. Talaris gives companies control and visibility over EBS spend, including package delivery, travel, audio and web conferencing, communications services, limousine services and business entertainment.

About Talaris

Talaris is the leader in employee business services (EBS) procurement and management, delivering a new class of solution with a hosted, Web services-based platform that enables enterprises to gain visibility and control of EBS spend. Talaris helps companies reduce operating costs by automating employee transactional processes and enforcing compliance with supplier contracts, resulting in rapid ROI and significant ongoing cost savings.

Located in San Mateo, California, Talaris is a private company with investors who include Foundation Capital, Charter Venture Capital, and prominent Silicon Valley angel investors. For more information about Talaris Corporation and the Talaris EBS Platform, please call 650-212-8400 or visit http://www.talaris.com.

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Paula Belikove
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