SAN MATEO, CA–(Marketwired – Aug 17, 2015) – Selectica, Inc. (NASDAQ: SLTC), a global provider of SaaS contract management and end-to-end source-to-pay supply management software solutions, including eSourcing, eProcurement, spend analysis, and procure-to-pay software, announced that Chromalloy chose to implement Selectica Smart Supply Management suite solution which includes SmartSourcing, SmartAnalytics, Supplier Information and Performance Management, Procurement Contract Management, and Procurement Analytics to automate their entire sourcing processes.
Chromalloy is an integrated solutions provider for original equipment manufacturers, commercial airlines, militaries, oil and gas companies, and power companies.
Selectica Smart Supply Management suite solution delivers on bottom-line results based on understanding spend behaviors through embedded analytics, allowing organizations to make total cost of ownership based selection decisions, improve compliance in all supplier interactions and collaborate with suppliers to mitigate risk. The suite enables and supports positive supplier relationships, leveraging technology to drive an innovative process for improved savings and insight on supplier information and performance management.
“Selectica has been very easy to work with and very energetic,” said Jim Adkins, Vice President at Chromalloy. “The customer focus they bring and the fully-featured, intuitively easy-to-use sourcing tools are game changers.”
“We are excited to get Chromalloy up and running on Smart Supply Management suite as they automate and maintain their vendor relationships and streamline their enterprise sourcing processes,” said David Bush, Chief Sales Officer at Selectica. “We are honored and look forward to continue to deliver our innovative solutions with the high standards of service that Chromalloy expects from us.”
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About Selectica, Inc.
Selectica is a global provider of SaaS contract management and end-to-end source-to-pay supply management software solutions. As a recognized leader in the industry, Selectica provides deep innovative capabilities in Enterprise Contract Management, Strategic Sourcing, eProcurement, eSourcing, Spend Analysis, and Procure-to-Pay. Since 1996, Selectica has helped global companies actively manage their contracts throughout the sales, procurement, and legal life cycle. Selectica’s contract lifecycle management, strategic sourcing, and procure-to-pay software solutions drive critical operational business value that effectively accelerate revenue opportunities and minimizing risk through compliance. A recognized leader in the industry, our patented technology assists customers across a myriad of industries — including high-tech, telecommunications, manufacturing, healthcare, and financial services. Selectica also provides a powerful configuration engine, which Fortune 500 companies use to increase revenue by facilitating the right combination of products, services and price. For more information, please visit: www.selectica.com.