SupplierSoft Launches Its Supplier Relationship Management (SRM) Solutions on Salesforce.com's ChatterExchange, enabling real-time collaboration with suppliers.

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SRMChatter accelerates market shift to Cloud 2, enabling SupplierSoft customers to collaborate with their suppliers in real time using social networking paradigms made popular by Twitter and Facebook

Collaborate with Suppliers in Real-Time using Social Networking concepts such as Facebook and Twitter

With the availability of SRMChatter on salesforce.com's ChatterExchange, SupplierSoft continues to lead this innovation trend, enabling enterprises to deploy social networking.concepts to collaborate with their suppliers in real-time.

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SupplierSoft, a Top-10-Companies to Watch in 2010 and a pioneer in cloud-computing based Supplier Relationship Management (SRM) solutions, today announced SRMChatter, an integrated component of the solution suite that enables real-time secure collaboration between a company and its suppliers. SupplierSoft SRM solutions are among the first apps to leverage the social components of Chatter and are now available on salesforce.com's ChatterExchange

SupplierSoft SRMChatter enables multiple functional departments within a company, such as engineering, purchasing, supplier quality, manufacturing, accounts payable and supplier compliance to collaborate with each other and their counterparts at supplier organizations using social networking concepts. Users can subscribe to real-time feeds on updates to supplier documents such as specific purchase orders and invoices, Environmental (RoHS/REACH)) Compliance documents, component qualification/PPAP documents, corrective actions, supplier contracts, supplier risk profiles and supplier audits. SupplierSoft SRM solutions reduce operational costs and supplier risk, ensure supplier compliance, improve supplier quality and improve customer satisfaction. SupplierSoft solutions are low risk and available for a 30 day free trial.

"Enterprises continue to looks for ways to cut costs through increased outsourcing and improved productivity. To effectively manage suppliers in this environment, they are looking for low risk, pay-as-you-go, quick-to-implement SRM solutions that do not require extensive IT customization and achieve quick ROI," said Balu Sharma, CEO of SupplierSoft. "With the availability of SRMChatter on salesforce.com's ChatterExchange, SupplierSoft continues to lead this innovation trend, enabling enterprises to deploy social networking.concepts to collaborate with their suppliers in real-time."

"Companies of all sizes are now transitioning to Cloud 2 by using Chatter for enterprise deployment of the social networking features made popular by consumer Web apps like Facebook and Twitter," said Kendall Collins, chief marketing officer of salesforce.com. "Chatter brings those features to partners like SupplierSoft, fostering real-time collaboration between various departments."

About SupplierSoft

SupplierSoft, a Top-10-Companies to Watch in 2010, and a pioneer in cloud-computing based Supplier Relationship Management (SRM) solutions, helps companies automate any and all supplier-facing business processes. SupplierSoft solution suite includes Environmental Compliance (RoHS/REACH), Component Qualification (PPAP), Procure-To-Pay, Supplier Risk Management, Supplier Contract Management, Corrective and Preventive Action (CAPA), Supplier Quality Management, Supplier Qualification and Information Management, and Supplier Audit Management. The solutions complement and extend ERP systems such as SAP and Oracle by managing supplier processes that are not managed by these systems.
Customers start by automating the highest ROI processes, knowing that they can manage other processes in future with the solution. Ease-of-use, a consistent user-interface, global performance and a single login across multiple solutions makes supplier adoption high. The solutions are low risk - they are available for a free trial, along with a pay-as-you-go pricing model. SupplierSoft solutions

About the Force.com Platform and AppExchange

Force.com is the only proven enterprise platform for building and running business applications in the cloud. The Force.com platform powers the Salesforce CRM applications, more than 800 ISV partner applications like those from CA Technologies, FinancialForce.com and Fujitsu, and 160,000 custom applications used by salesforce.com's 77,300 customers such as Japan Post, Kaiser Permanente, KONE and Sprint Nextel. Force.com also enables developers to make any enterprise app social by leveraging the social collaboration components including profiles, status updates, and real-time feeds available with Chatter.

Applications built on the Force.com platform can be easily distributed to the entire cloud computing community through the salesforce.com AppExchange 2 marketplace now featuring the ChatterExchange.

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