ePlus Enhances Electronic Catalog Solution to Simplify and Improve the Corporate Purchasing Experience
New Release of eCatalog Improves Business Purchasing
HERNDON, VA - March 11, 2013 - ePlus inc. (NASDAQ NGS: PLUS - news) announced today that its subsidiary, ePlus Systems, inc., has released OneSource Catalog+ 4.2, which features new advancements in eCatalog technology to improve the way users purchase and source a variety of commodities from suppliers. One of ePlus' proprietary software offerings, the new release of OneSource Catalog+ creates a consumer-style shopping experience configured to maintain a purchasing environment to achieve more on-contract spend that aligns with corporate business objectives.
A newly designed interface transforms the user experience to one that blends the best features found in consumer-oriented and business-to-business models. The highly-configurable supplier purchasing catalog assists in maintaining corporate purchasing parameters while automating and increasing compliance with contract terms.
"Procurement executives can integrate OneSource Catalog+ with their existing eProcurement applications to unify supplier data and effectively enforce contract compliance enterprise-wide," said Ken Farber, president of ePlus Systems. "OneSource Catalog+ is designed to be nimble and intuitive for users, with deep functionality that businesses demand and customers expect from ePlus. As a component of our fully-integrated suite, OneSource Catalog+ is another example of ePlus' technological leadership in supply chain software that answers changing business needs."
OneSource Catalog+ incorporates a punchout methodology that displays third party sites as well as internal catalogs within one unified search result. In addition, the enhanced graphical interface returns approved product content in search results, making it quick and efficient for users to find contracted options such as kits and bundles as well as special offers.
For additional information about OneSource Catalog+, visit www.eplus.com/catalog. To request a live demo or speak to a product expert, click here.
About ePlus Systems, inc.
ePlus Systems, inc., a wholly owned subsidiary of ePlus inc., delivers eProcurement and related solutions and services to help public sector clients and commercial organizations across all industries get the most value from their spend. Its diversified portfolio of solutions includes eProcurement, supplier enablement, catalog content management, spend analytics, document management, and asset management. These solutions help drive cost savings, improve compliance, and enhance productivity throughout the organization. ePlus solutions are offered as hosted Software as a Service (SaaS) and traditional enterprise licenses. For additional information about ePlus Systems, visit www.eplus.com/software.
About ePlus inc.
ePlus is a leading integrator of technology solutions. ePlus enables organizations to optimize their IT infrastructure and supply chain processes by delivering world-class IT products from top manufacturers, managed and professional services, flexible lease financing, proprietary software, and patented business methods and systems. Founded in 1990, ePlus has more than 850 associates serving federal, state, municipal, and commercial customers nationally. The Company is headquartered in Herndon, VA. For more information, visit www.eplus.com, call 888-482-1122, or email firstname.lastname@example.org. Connect with ePlus on Facebook at www.facebook.com/ePlusinc and on Twitter at www.twitter.com/ePlusinc.
ePlus, OneSource, and ePlus products referenced herein are either registered trademarks or trademarks of ePlus inc. in the United States and/or other countries. The names of other companies and products mentioned herein may be the trademarks of their respective owners.
Statements in this press release that are not historical facts may be deemed to be "forward-looking statements." Actual and anticipated future results may vary materially due to certain risks and uncertainties, including, without limitation, possible adverse effects resulting from financial market disruption and general slowdown of the U.S. economy such as our current and potential customers delaying or reducing technology purchases, increasing credit risk associated with our customers and vendors, reduction of vendor incentive programs, and restrictions on our access to capital necessary to fund our operations; our ability to consummate and integrate acquisitions; the possibility of goodwill impairment charges in the future; our ability to maintain effective disclosure controls and procedures and internal control over financial reporting; significant adverse changes in, reductions in, or losses of relationships with major customers or vendors; the demand for and acceptance of, our products and services; our ability to adapt our services to meet changes in market developments; our ability to reserve adequately for credit losses; our ability to protect our intellectual property; the impact of competition in our markets; the possibility of defects in our products or catalog content data; our ability to adapt to changes in the IT industry and/or rapid change in product standards; our ability to realize our investment in leased equipment; our ability to hire and retain sufficient qualified personnel; and other risks or uncertainties detailed in our reports filed with the Securities and Exchange Commission. All information set forth in this press release is current as of the date of this release and ePlus undertakes no duty or obligation to update this information.