Ketera Technologies - Redefining the Spend Management Value Chain
Document:
QT-360
Date of Publication: June
26, 2007
Number of Pages: 5
Lead Author(s):
M. Koenig
Price: $195
USD

QuickTake Summary:
Founded in 2000, and built from the ground up to be a software-as-a-service (SaaS) solution, Ketera Technologies staked out a claim early-on as a low-cost provider of easy-to-use enterprise spend management solutions for large and very large enterprises (Global 2000). Today, by adding complementary capabilities around analytics, compliance and business process improvement, Ketera is positioning itself as a must-have technology foundation for these global companies as they continue to wrestle with the challenges of managing their indirect costs.
Critical to the company’s success however, will be its ability to develop and maintain an ecosystem of business services providers who can provide sourcing and procurement domain expertise and its ability to effective move up the value chain with its BI and BPM positioning, thus delivering on the promise of the company’s on-demand enterprise spend management platform.