PARIS, February 26 /PRNewswire/ -- With a 40% increase in software sales, a tripling of results, and a profitability of over 20%, SynerTrade, a specialist in consultancy and producer of Purchasing Function software solutions, announces a record 2007 fiscal year.

2007 has been the best financial year in SynerTrade's history to date since the creation of the two original companies, SynerDeal and Trade2B. "2007 results have tripled compared to the previous financial year and we foresee a 40% increase in the number of orders for the new financial year", says Eberhard Aust, SynerTrade's Chief Executive Officer.

The 2007 financial year was certainly eventful for SynerTrade: 2 out of 10 of the most important global companies in the automobile sector, and 5 out of 15 top worldwide sub-contractors chose SynerTrade's e-Purchasing solutions during the past year. All in all, in 2007 SynerTrade gained over 20 new customers in various industry sectors, including Peugeot Citroën, Yves Rocher, SFR, Alstom Transport, and Gildemeister.

Moreover, the company's major international clients, such as Lafarge, Sanofi Aventis, Saint-Gobain, or Bayer Schering have intensified their cooperation with SynerTrade, for example Bayer Schering's deployment of the ST6 platform in the United States.

Available in 13 languages, ST6 is a comprehensive and integrated ePurchasing software suite that meets the needs of small and medium sized businesses as well as those of large international corporations. It is available in ASP or license mode. ST6 features include supplier relations management (quality, disputes, panel, evaluation), Sourcing process structuring, online auctions, contract management, expenditure analysis, eProcurement, supplier purchasing portal, and Purchase Performance management.

Our Global Customer Service, assisting our international clients 24/7, has been greatly strengthened with staff in the Shanghai and New York offices doubling in 2007.

Finally, UNILOG Management, K-BUY, State of Flux, and Vertigo Consulting joined SynerTrade's partner network this year as a result of an active business partners development policy at the end of 2006.

About SynerTrade - http://www.synertrade.com

SynerTrade is a European company specializing in Purchasing software solutions and consultancy. SynerTrade works alongside its customers' purchasing management departments in order to enhance their performance by providing them with dedicated software solutions.

Press Release contact: Sébastien Dumas +33(0)1-56-98-29-47 sebastien.dumas@synertrade.com

Press Release contact: Sébastien Dumas, +33(0)1-56-98-29-47, sebastien.dumas@synertrade.com

Old NID
8683

Donate

Please donate so science experts can write for the public.

At Science 2.0, scientists are the journalists, with no political bias or editorial control. We can't do it alone so please make a difference.

Donate with PayPal button 
We are a nonprofit science journalism group operating under Section 501(c)(3) of the Internal Revenue Code that's educated over 300 million people.

You can help with a tax-deductible donation today and 100 percent of your gift will go toward our programs, no salaries or offices.

Latest reads

Article teaser image
Donald Trump does not have the power to rescind either constitutional amendments or federal laws by mere executive order, no matter how strongly he might wish otherwise. No president of the United…
Article teaser image
The Biden administration recently issued a new report showing causal links between alcohol and cancer, and it's about time. The link has been long-known, but alcohol carcinogenic properties have been…
Article teaser image
In British Iron Age society, land was inherited through the female line and husbands moved to live with the wife’s community. Strong women like Margaret Thatcher resulted.That was inferred due to DNA…