Hospitality Warehouse Goes Live: Reduces Purchasing Costs Using AXS-One Software
Announcement posted by AXS - One 21 Nov 2001
e-Procurement initiatives for both internal and external partners benefit organisations
AXS-One Inc. (AMEX: AXO), a leading global provider of e-business solutions, today announces the start of operations of its joint venture in South Africa with Cendant owned RCI southern Africa, Hospitality Warehouse, and their Preferred Vendor Program, which has evolved from a simple manual service involving a handful of vendors into a complete e-commerce procurement hub. Hospitality Warehouse is the latest client in a series of e-procurement initiatives that AXS-One has implemented globally. The major differentiator is AXS-Ones financial applications background combined with its ability to quickly deliver robust, high volume transactions that can be integrated into a clients existing business processes.
The technology solution provided by AXS-One for Hospitality Warehouse, TransAXS Procurement, manages the end-to-end procurement cycle. It enables users to purchase directly from electronic shopping catalogues. It also allows the organisations purchasing function to maintain local catalogues of products and services, maintaining control over costs and the source of supplies. AXS-Ones TransAXS Procurement solution maintains full control of the routing of purchase orders for approval and checking against budgets in an automated, electronic delivery system that adheres to the established business rules.
This latest milestone is a good example of the breadth and robust attributes of the AXS-One technology. The same engine that powers the Hospitality Warehouse exchange is implemented in 12 similar procurement sites world-wide, reducing costs, improving purchasing efficiency, and providing more value for the customers money says John Rade, president and chief executive officer of AXS-One. Our ability to quickly implement end-to-end procurement systems makes us the vendor of choice with local governments, retailers, and manufacturers. We are pleased to have Hospitality Warehouse as a client and look forward to a rewarding relationship.
About AXS-One Inc.
AXS-One (AMEX: AXO) is a provider of e-Business solutions for global 2000 companies, professional service organisations (PSOs) and financial managers. AXS-One, formerly Computron Software, Inc., has implemented high-volume, scalable and secure business solutions for hundreds of customers across the globe. AXS-One has approximately 300 employees in offices worldwide, including Asia, Australia, Canada, United Kingdom, United States and South Africa. AXS-One was founded in 1978, and is based in Rutherford, New Jersey. For further information on AXS-One, visit www.AXSOne.com.
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This press release contains forward-looking statements. Such statements are only predictions and actual events or results may differ materially. All forward-looking statements involve risks and uncertainties, including, without limitation, the risks detailed in the company's documents and reports filed from time to time with the Securities and Exchange Commission.
AXS-One, "Access Tomorrow Today", e-Cellerator, AXSPoint, AXS Desk and Tivity are trademarks of, and TransAXS is a registered trademark of, AXS-One Inc., in the U.S. All other company and product names are trademarks or registered trademarks of their respective companies.
The technology solution provided by AXS-One for Hospitality Warehouse, TransAXS Procurement, manages the end-to-end procurement cycle. It enables users to purchase directly from electronic shopping catalogues. It also allows the organisations purchasing function to maintain local catalogues of products and services, maintaining control over costs and the source of supplies. AXS-Ones TransAXS Procurement solution maintains full control of the routing of purchase orders for approval and checking against budgets in an automated, electronic delivery system that adheres to the established business rules.
This latest milestone is a good example of the breadth and robust attributes of the AXS-One technology. The same engine that powers the Hospitality Warehouse exchange is implemented in 12 similar procurement sites world-wide, reducing costs, improving purchasing efficiency, and providing more value for the customers money says John Rade, president and chief executive officer of AXS-One. Our ability to quickly implement end-to-end procurement systems makes us the vendor of choice with local governments, retailers, and manufacturers. We are pleased to have Hospitality Warehouse as a client and look forward to a rewarding relationship.
About AXS-One Inc.
AXS-One (AMEX: AXO) is a provider of e-Business solutions for global 2000 companies, professional service organisations (PSOs) and financial managers. AXS-One, formerly Computron Software, Inc., has implemented high-volume, scalable and secure business solutions for hundreds of customers across the globe. AXS-One has approximately 300 employees in offices worldwide, including Asia, Australia, Canada, United Kingdom, United States and South Africa. AXS-One was founded in 1978, and is based in Rutherford, New Jersey. For further information on AXS-One, visit www.AXSOne.com.
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This press release contains forward-looking statements. Such statements are only predictions and actual events or results may differ materially. All forward-looking statements involve risks and uncertainties, including, without limitation, the risks detailed in the company's documents and reports filed from time to time with the Securities and Exchange Commission.
AXS-One, "Access Tomorrow Today", e-Cellerator, AXSPoint, AXS Desk and Tivity are trademarks of, and TransAXS is a registered trademark of, AXS-One Inc., in the U.S. All other company and product names are trademarks or registered trademarks of their respective companies.