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Frictionless Commerce Selected to Provide Enhanced Sourcing and Contracting Capabilities for Broadlane

by Barbara Kram, Editor | March 22, 2006

Suppliers will also see numerous benefits from Broadlane's e-Sourcing and Procurement Platform. They will gain greater visibility through a supplier Web portal into Broadlane's providers' product requirements and sourcing work plans, including Broadlane's bid calendar. They will be given an enhanced ability to participate in competitive sourcing events, thus enabling participation by a broader range of suppliers, including small, innovative manufacturers. This will provide an opportunity for suppliers to extend their market reach at a lower cost, with on-line management of data and exchange of documents greatly enhancing efficiency and reducing the cost of sales. Suppliers will also be given a greater ability to identify opportunities to better service providers' needs and to enhance the adoption of contracted products.

"We are thrilled to be working with Broadlane because of its track record of innovation and results in the healthcare supply chain, and the fact that they represent some of the largest health systems in America," said Jim Clemens, vice president of sales for Frictionless Commerce. "I am confident that with the addition of the Frictionless tools Broadlane will be able to continue this tradition of innovation and accelerate the delivery of savings to its clients."

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SRM software has been applied successfully in other industries, but Broadlane said it believes this will be the first application of such tools in the healthcare provider sourcing and contracting arena. Broadlane said it expects to complete the first phase of the software implementation this summer, with other phases to be completed throughout 2006.

About Frictionless Commerce
Frictionless Commerce is a leading Supplier Relationship Management (SRM) software provider. Frictionless SRM software enables Global 2500 companies to effectively perform spend analysis, supplier profiling and performance management, sourcing and contract management. Through our product, services and customer community, Frictionless customers lower supply base costs, reduce time-to-market, leverage external innovation and guarantee access to high-quality goods and services.

Customers include: First Choice Holidays PLC, Revlon, Florida Power & Light, Aetna, Wachovia, Bristol-Myers Squibb, Broadlane, KPMG LLP UK, MetLife, TDS, Alticor, Prudential Plc, Telewest, CIGNA, and Philip Morris U.S.A. For more information, contact Frictionless Commerce at (617) 495-0180 or visit www.frictionless.com.

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