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Avotus sponsors Aberdeen Group/Purchasing Magazine CPO's Summit.


TORONTO & BOSTON -- Avotus Corporation, the leading provider of communications expense management and e-Procurement solutions, today announced that it is a Platinum Sponsor of The CPO's Summit, which is being presented by the Aberdeen Group Aberdeen Group is a provider of business-related research services. It has its headquarters in Boston, Massachusetts and belongs to the Harte-Hanks group. Founded in 1988, Aberdeen's research is used by over 2.  and Purchasing Magazine. To be held in Boston on November 16-17, the summit will bring together chief procurement officers A Chief Procurement Officer (CPO) is an executive role focused on supply management for an enterprise.

A report by Aberdeen Group shows a marked acceleration in the significance of procurement's role.
 (CPOs), chief operating officers Chief Operating Officer (COO)

The officer of a firm responsible for day-to-day management, usually the president or an executive vice-president.
 (COOs) and other procurement, supply chain management, logistics and manufacturing executive management.

"Procurement leaders are transforming their methods for the acquisition and management of complex products and services. The CPO's Summit presents a unique opportunity for supply management executives to come together to exchange strategies and network on pressing procurement issues, including supplier development, low-cost country sourcing Low-cost country sourcing (LCCS) is a procurement strategy in which a company sources materials from countries with lower labour and production costs in order to cut operating expenses. , services procurement, and advanced procurement technologies," explained Tim Minahan, Aberdeen senior vice president of global supply management research. "Companies on the leading edge of addressing many of these issues, like Avotus, help us bring together procurement leaders to explore current practices and discover new ways to conduct business more efficiently."

"Avotus is interested in facilitating this summit since we believe that procurement is an area where companies can employ new processes and technologies to find significant savings and efficiencies especially for the most complex and challenging areas, such as wireless communications wireless communications

System using radio-frequency, infrared, microwave, or other types of electromagnetic or acoustic waves in place of wires, cables, or fibre optics to transmit signals or data.
," commented Alan Gold Alan Gold may refer to:
  • Alan Gold (author), author, literary critic and human rights activist
  • Alan B. Gold, former chief justice of the Quebec Superior Court
, Avotus chief marketing officer. "Aberdeen Group and Purchasing Magazine have taken a leading role by bringing together top procurement decision makers who will discuss the entire supply chain from procurement through payment."

Avotus has emerged as the leading provider of e-Procurement and online Web auctions for data and telecommunications services In telecommunication, the term telecommunications service has the following meanings:

1. Any service provided by a telecommunication provider.

2.
, including wireless, internet telephony Another term for IP telephony and VoIP. In the late 1990s, some people made a distinction between Internet Telephony and VoIP: Internet telephony referred to voice over the public Internet, while VoIP referred to voice over private IP networks.  and landline services. Avotus WebAuction(TM) is an online reverse auction that has been specifically developed to support the complexities of communications procurements including pricing, as well as the capability to negotiate terms and conditions, service level agreements (SLAs) of wireless and other communication technologies and services. It integrates with the rest of the Avotus Intelligent Communications Management Communications management is the systematic planning, implementing, monitoring, and revision of all the channels of communication within an organization, and between organizations; it also includes the organization and dissemination of new communication directives connected with an (TM) solution to enable organizations to ensure that the negotiated pricing and terms are implemented and tracked over the life of the contract.

About Avotus

Avotus is the leader for groundbreaking technology-based telecommunications and data expense management (TEM TEM

1. transmission electron microscope.

2. triethylenemelamine.

3. transmissible encephalopathy of mink.
) solutions. The company has a 20-year history of empowering companies of all sizes to gain lasting control over their complete worldwide communications environment through the effective management of their voice, data and converged communications spend. Only Avotus brings together e-Procurement, expense, and usage management into a fully integrated solution. Avotus provides dramatic and verifiable cost savings of as much as 50% of an enterprise's current communications spend and a triple digit in-year ROI (Return On Investment) The monetary benefits derived from having spent money on developing or revising a system. In the IT world, there are more ways to compute ROI than Carter has liver pills (and for those of you who never heard of that expression, it means a lot). . Combining technology, automation, communications experts, and industry best practices, Avotus solutions make it possible to not only realize significant spend reduction but to continuously verify and permanently implement all cost and process improvements. Avotus offers the widest, deepest and most flexible solution set available including an onsite enterprise implementation, a hosted Application Service Provider (ASP) model, and a completely outsourced value-added managed solution.

For more information about Avotus communications management solutions, customers, and partners, visit www.avotus.com.

Avotus Corporation is a registered trademark and Avotus Intelligent Communications Management and WebAuction are trademarks of Avotus Corporation. All other trademarks are the property of their respective owners.
EDITORS - For further information:

Jo Martell                      Sandy McLaughlin
Avotus Corporation              Soucy Communications Group
1 Van De Graaff Dr.             162 Great Rd.
Burlington, MA 01803            Acton, MA 01720
781-238-4455 Ext 222            978-266-1700
Jo.Martell@avotus.com           SMcLaughlin@scg-pr.com
COPYRIGHT 2005 Business Wire
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Copyright 2005, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:Oct 11, 2005
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