May 25, 2013 6:38 AM ET

Internet Software and Services

Company Overview of Perfect Commerce Holdings LLC

Company Overview

Perfect Commerce Holdings LLC provides Software as a Service (SaaS) based sourcing and procurement software solutions. Its sourcing solutions include PerfectSource suite, a SaaS solution that provides visibility and control to strategic decisions made before contracts are executed, and enables new levels of supplier performance management; PerfectContract, a contract compliance and management solution for sourcing and procurement professionals; and PerfectAnalyze, a solution to evaluate and transform raw data into information to improve visibility and control. The company also provides PerfectProcure, a SaaS solution that provides various tools for purchasing problems; PerfectShop, which all...

Detailed Description

One Compass Way

Suite 120

Newport News, VA 23606

United States

Founded in 2000

Phone:

757-766-8211

Fax:

757-865-3452

www.perfect.com

Key Executives for Perfect Commerce Holdings LLC

Chief Executive Officer
Chief Financial Officer
Senior Vice President of Procurement Services Operations and Director
Managing Director of Europe
Vice President of Accounting
Compensation as of Fiscal Year 2012.

Perfect Commerce Holdings LLC Key Developments

Cortex Partners with Perfect Commerce Holdings LLC to Offer Enhanced Supplier Network Value

Cortex Business Solutions has partnered with Perfect Commerce to increase the reach and value of their respective customer networks to broaden the breadth of offerings. This new strategic partnership will provide Cortex and Perfect Commerce customers with access to the two complementary trading networks and platforms, a broader range of best in class functionality, and tools that increase AP efficiency and the elimination of paper invoices. Under this agreement, Perfect Commerce will interface to Cortex's network and platform in order to offer enhanced invoicing capabilities, especially associated with complex services. Cortex will connect their network of over 9,000 suppliers, through the Cortex Trading Partner Network (CTPN) to the unique suite of Perfect Commerce's first-class end-to-end procurement solutions. By moving forward with this partnership, both Cortex and Perfect Commerce are able to create greater value for their existing customers by increasing the strength of their respective networks and providing customers with access to thousands of new potential partners. In addition, the complementary services allow increased functionality to be offered by each company to existing and new customers. Those companies already on each network will benefit from the ability to connect with more partner businesses than ever before, allowing them to grow their businesses through trusted networks.

Perfect Commerce, LLC Announces a Product Enhancement Release of Perfect Commerce's FlexInvoice

Perfect Commerce, LLC announced a product enhancement release of Perfect Commerce's FlexInvoice, an Open Supplier Network application that now allows email suppliers to electronically convert purchase orders into invoices with one simple click. Now, Perfect Commerce customers can completely eliminate any paper processing from their procure-to-pay process. The new enhancements to Perfect Commerce's FlexInvoice application enables low-volume email suppliers, the last frontier for paper processing, to immediately and electronically convert any purchase orders that have been received into invoices. By fully automating this gap, Perfect Commerce is reducing delays and potential keying errors that can happen when email suppliers handle invoices.

Perfect Commerce Holdings LLC Hires Dan Roehrs to Head Sales

Perfect Commerce Holdings LLC announced that Dan Roehrs has joined the company's team of experts as the new North American head of sales. Mr. Roehrs brings nearly 20 years of industry experience and expertise to the table, further strengthening Perfect's industry knowledge, helping propel process innovation to more companies in North America.

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Recent Private Companies Transactions

Type
Date
Target
Private Placement
September 21, 2012
--
Merger/Acquisition
June 14, 2012
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