Science Warehouse and m-hance partner to provide integrated e-procurement solutions for businesses

LEEDS, U.K. - June 19, 2013 - PRLog -- MEDIA RELEASE

Leeds, United Kingdom – June 19, 2013  

Science Warehouse, one of the fastest growing companies in the UK e-business sector, has entered into a partnership with m-hance, a leading provider of innovative business software solutions to mid-market organisations. Following an evaluation of e-procurement vendors m-hance has selected Science Warehouse to power the ‘m-hance Marketplace’. The solution delivers a unique end-to-end spend management capability fully integrated with the m-hance Purchase Management solution.  

The m-hance Marketplace provides businesses with access to goods and services from an established supplier network. Companies can rapidly search and compare millions of products from approved suppliers in one unified system to drive purchase price savings and reduce order processing costs. Through integration with m-hance’s Purchase Management system, goods and services requested via the Marketplace are automatically routed via predefined approval workflows thereby driving purchase-to-pay efficiency and full financial control.

Amanda Grant, Market Development Director of m-hance, said: “We are delighted to partner with Science Warehouse. This partnership will enable our customers to benefit from best-of-breed e-procurement technology. m-hance Marketplace is ideal for businesses large and small who wish to maintain stricter control over their expenditure and streamline their procure-to-pay function by eliminating time consuming paper-based processes.”

Amanda added: “m-hance Marketplace is a powerful addition to our innovative m-hancements suite of products and enables businesses to achieve significant cost reductions on their most commonly bought items. Furthermore by integrating m-hance Marketplace with m-hance Purchase Management, organisations can reduce their order processing costs by up to 80 per cent and typically gain a return on investment in less than six months.”

Steve Kerridge, Managing Director of Science Warehouse, said: “This is an exciting new partnership for Science Warehouse. m-hance shares our focus on delivering innovative solutions that deliver real benefits to our customers.  The m-hance Marketplace will allow customers to achieve all the benefits of an Amazon-like purchasing experience whilst retaining tight control with existing m-hance systems.”

The launch of the m-hance solution comes at a good time for businesses as a recent survey (http://www.sci-ware.com/industry-survey-reveals-the-2013-...)* shows that less than half of indirect spend is controlled in the majority of organisations. Such unauthorised expenditure comes at a significant cost. Therefore driving spend under management realises both cash savings and greater security.

-ENDS-

Media Contacts

For further information please contact Sonia Ali at Science Warehouse, 0333 600 6300, sonia.ali@sci-ware.com.

Notes to editors

*Science Warehouse & eWorld Purchasing and Supply surveyed 263 business professionals in December 2012

About Science Warehouse

Science Warehouse is a leading provider of purpose built on-demand procurement and managed catalogue solutions that deliver purchasing efficiencies and control, spend visibility and drive savings. Science Warehouse help organisations to achieve full procurement control by collating all of their preferred suppliers for indirect goods and services in a single, easy-to-use web-based application. Its fully customisable product suite integrates seamlessly with any finance system and the managed catalogue engine at its core accelerates procure-to-pay programmes. Continuous, customer-driven product development ensures the solution evolves in line with market needs. Science Warehouse counts some of the world’s leading research and teaching organisations amongst its customers as well as businesses of all sizes in sectors as diverse as construction, life sciences and manufacturing. To find out more please visit our website at www.sci-ware.com or join the conversation at www.sci-ware.com/blog

About m-hance  

m-hance is a UK-based company providing innovative and functionally rich business software solutions to 2,400 mid-market sized organisations including Innocent Drinks, RFU, Viridor, Millennium Hotels, Make-A-Wish, Hewden and Endsleigh Insurance. m-hance’s core solution offering consists of financial management, CRM, enterprise social networking, SharePoint, HR & Payroll, managed services and software development in a variety of vertical markets including distribution, manufacturing, not-for-profit, professional services and infrastructure. To find out more about m-hance please visit www.m-hance.com.