Science Warehouse And m-hance Partner To Provide Integrated e-procurement Solutions For Mid-Market Businesses

Leeds, United Kingdom - 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* 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.