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Press Releases from POOL4TOOL AG (35 total)

Direct Procurement: JAGGAER and FACTON Partnership

Integration of Should Costing in Procurement Offers Huge Potential Vienna| Mason, OH. | Potsdam – July 25, 2017 – JAGGAER, provider of the world’s most comprehensive Source to Pay (S2P) suite for indirect and direct spend solutions, and FACTON GmbH, the leading provider in enterprise product costing for the automotive, aerospace, mechanical engineering, high-tech and electronics sectors, are forming a strategic partnership to provide their customers with digital, efficient processes for

„Alexa, ask POOL4TOOL …”: Next Level Amazon Integration

POOL4TOOL Pushes Its Digital Procurement Strategy Forward and Is the First Solution Provider to Integrate Digital Voice Control into Its Procurement Application Vienna | Munich | Belgrade | Detroit |Singapore | Dubai, May 22, 2017 –POOL4TOOL, the digital procurement specialist, has integrated Alexa and Alexa-compatible devices into its application, making it the first software provider to simplify routine tasks in Procurement with the help of voice control and Amazon’s audio device.

Savings in Purchasing Are More Than Doubled Thanks to Bundling

POOL4TOOL Customers Confirm Added Value from Digital Procurement Processes Vienna | Munich | Belgrade | Detroit | Dubai | Singapore, May 9th, 2017 – POOL4TOOL, the leading software specialist in digital procurement, conducted their annual customer satisfaction survey and received positive feedback. By digitizing their procurement processes, customers were able to significantly reduce their process and material costs. Customers are relying on the intelligent Procurement platform more and more to connect

eProcurement: Digital Amazon Business Integration with POOL4TOOL

Customers get access to millions on items on the Amazon platform Vienna | Munich | Detroit | Singapore | Dubai, 25. April 2017 - POOL4TOOL, the international market leader in Direct Procurement, is offering customers of its intelligent procurement platform even more value. With the new Amazon Business integration, companies can now access millions of items on the Amazon platform and integrate them into their Procure-to-Pay processes. Customers benefit from the

Vision Excellence Award Goes to Rolls-Royce Power Systems

Global Price Management Wins Vienna | Friedrichshafen, April 05, 2017 – MTU Friedrichshafen, the core business of Rolls-Royce Power Systems, has set the course for global transparency in Purchasing with a digital purchasing platform. The innovative concept that harmonizes price and supplier data throughout the company has been selected by POOL4TOOL as the winner of the Vision Excellence Award, which is awarded annually to the most innovative client project. The award

Schlemmer Group Goes Digital and Stengthens Global Procurement

Global Purchasing Project Supports International Expansion and Growth Vienna | Stuttgart | Munich, March 15th, 2017 –The Schlemmer Group is an internationally successful tech company that specializes in highly specific synthetic and metal solutions. The Group has decided to re-structure its purchasing organization and will now direct the purchasing activities for international production plants and buyers centrally, using a digital procurement platform. The first phase of this operation will focus on

New Perspectives in Procurement with Digital Category Management

More Success in Procurement with Integrated and Intelligent Commodity Management Vienna | Munich | Detroit | Singapore | Dubai, February 22st, 2017 – Integrated and intelligent category management strategies can open up new opportunities in Procurement that can lead to reduced purchase prices in each commodity and can also help to minimize risks and avoid threatening additional costs. The world market leader in optimizing processes for Direct Procurement has a new

New Study: Global SRM Maturity Report 2017

POOL4TOOL Publishes Report on Global SRM Practices Vienna | Munich | Detroit | Singapore | Dubai, February 16th, 2017 –More than half of all companies (57%) do not use the full potential of supplier management because they do not have the right technology. This is one of the core findings from the “Global SRM Maturity Report 2017,” which was organized by the direct procurement experts at POOL4TOOL and included 222

POOL4TOOL positioned as a Visionary in the Gartner Magic Quadrant for Strategic …

Evaluation Based on Completeness of Vision and Ability to Execute Vienna | Detroit | Dubai | Singapore, February 14, 2017 – POOL4TOOL, the global market leader for digital process optimization in "direct procurement”, today announced it has been positioned by Gartner, Inc. in the Visionary quadrant of the “Magic Quadrant for Strategic Sourcing Application Suites”. “We believe making it onto the Gartner Magic Quadrant is in itself a significant accomplishment. We are

Procurement Goes Digital

POOL4TOOL will hold the first Digital Procurement Day in Vienna Vienna | Munich | Stuttgart, February 10, 2017 - POOL4TOOL is holding the first Digital Procurement Day on March 30, 2017, in Vienna. In talks, discussions and presentations, participants from the worlds of Procurement and Logistics will learn how they can use the positive effects of digitization to benefit their own companies. They will be joined by experts from KPMG, riskmethods

​New ​SRM-​Tool: Manage Procurement Projects More Easily

Live Webinar: Exclusive Presentation of pure Savings Tracking Vienna | Stuttgart | Munich, January 26, 2017 – Purchasing departments work hard and play a critical role in any company’s success, but others often get all of the credit. The new pure Savings Tracking tool gives buyers more control over their savings initiatives and makes it easier to share their success within the company. The software vendor and

Off to a Strong Start in the New Year

POOL4TOOL on the Right Track for Continued Growth Vienna | Stuttgart | Munich | Belgrade | Detroit | Singapore | Dubai, January 19, 2017 – The procurement software vendor, POOL4TOOL, is off to a strong start in 2017. The Sales team welcomed Markus Klahn as the new Vice President of Sales and also gained Heikki Salmi, an experienced expert who will represent the company in the Scandinavian countries. In 2017, the

POOL4TOOL Is Now a QAD Partner

The Procurement Software Vendor Forms a Strategic Alliance with the Global ERP Provider Detroit, MI | Santa Barbara, CA | Vienna, January 12th, 2017 – POOL4TOOL, the leading procurement software vendor, is now a partner of QAD,​​ a leading provider of enterprise software and services for global manufacturing companies. Both companies are leading providers of services to the manufacturing industry. The procurement software vendor POOL4TOOL specializes in facilitating communication between systems and

International Survey Starts: Maturity and Benchmarks in SRM

Vienna | Stuttgart | Munich | Belgrade | Detroit | Singapore | Dubai, Octobre 03, 2016 - POOL4TOOL, the leading software vendor in Direct Procurement, is starting an international buyer survey, the SRM Maturity Check: 2017 Benchmark. The goal of the survey is to identify the current state of SRM processes and practices, find benchmarks, and find undiscovered potentials. The online survey is running worldwide until November 11, 2016. "Never

New whitepaper for Procurement professionals

Vienna | Stuttgart | Munich | Belgrade | Detroit | Singapore | Dubai, 16. August 2016 - With the new whitepaper, "The Direct Material Procurement Challenge", the procurement software vendor POOL4TOOL is giving buyers a new tool. The whitepaper covers the challenges of Direct Material Procurement, what's important to consider when choosing a software solution, and the potential hidden in Direct Procurement. The publication is part of a new information

NürnbergMesse Wins Vision Excellence Award

Stuttgart | Vienna, April 25, 2016 – NürnbergMesse is one of the largest exposition companies in the world, and last week the company was recognized for their outstanding achievements with the POOL4TOOL Vision Excellence Award 2015. Once a year, the solution specialist gives the award to an extraordinary client project. NürnbergMesse has been able to increase the company’s transparency and the consistency of their procurement of services with POOL4TOOL. The solution

Sivantos Listens In To Its Suppliers

ienna | April 7, 2016 – Sivantos, the international producer of hearing aids, is now using eAuctions to guarantee transparent and successful award processes. With the Auction Module from the solution specialists at POOL4TOOL, Sivantos can conduct negotiations more quickly and with multiple suppliers simultaneously. In addition, the use of the module has improved the company’s relationship with its suppliers. Standardized procedures, fair requirements for providers and transparent award processes

POOL4TOOL Receives High Score

D&B Rating Verifies the Solution Provider’s Solvency and Stability Vienna | Munich | Stuttgart | Belgrade | Detroit | Singapore, June 25, 2015 – The independent rating agency Bisnode has just declared POOL4TOOL the most stable provider on the market. The software specialist received the highest score in the D&B rating, placing it well above the industry average. The results confirm the company’s high creditworthiness, minimal risk of default and financial

Specialist for Purchasing Solutions Thanks Its More Than 240 Customers

Vienna | Munich | Stuttgart | Belgrade | Detroit | Singapore, May 12th, 2015 – POOL4TOOL, the leader in innovation for purchasing solutions, thanks its customer base for their loyalty with exclusive additional services and perks. Starting now, more than 240 customers will benefit from their membership to the POOL4TOOL Value Club, the first customer rewards program in the industry. There is now an even greater incentive to become a

eBusiness: 88 % of Customers Recommend POOL4TOOL

Vienna | Munich, May 2015 – After this year’s customer satisfaction survey, the market leader for eSolutions in direct procurement concluded that 88 % of its customers recommend POOL4TOOL for consulting and discussion of individual needs before signing a contract, for tool implementation, and for the benefits and long-term cooperation. The survey was carried out in the form of in-person discussions with key users and project and purchasing managers from

POOL4TOOL Ends 2014 Financial Year with a Gain

Vienna | Stuttgart | Munich | Belgrade | Detroit | Singapore, April 08, 2015 – The POOL4TOOL Group, international specialist in electronic process optimization in purchasing, and global leader in direct procurement struck a positive balance for the 2014 financial year: strong organic growth, a 16 % increase in sales compared to last year, over 20 new clients and new strategic partnerships are all key in the strategy for success.

New Flexibility in Document Management with Suppliers

Vienna, Nuremburg, December 2014 - The leading producer of power modules and system SEMIKRON has gained more flexibility when it comes to handling their documents and exchanging information with their vendors. With the “All-in-One Supply Collaboration” platform from POOL4TOOL, SEMIKRON can integrate vendors into their processes more easily, and guarantee the audit-proof documentation of procedures. Document Management in particular can slow down purchasing at companies like SEMIKRON that frequently order

SRM Market Changing: „All-in-One“-Solutions on the Rise

Vienna | Detroit October 8, 2014 –The topic of process optimization has been the primary focus in purchasing departments for over a decade. Demands and complexities have changed a great deal. Fewer and fewer companies today rely on simple calls for bids, but rather prefer to begin rethinking their processes with the production process, starting with creating the development or purchasing bill of materials. This also poses new challenges for

Consolidated Purchasing Overview

Vienna | Singapore | Bangkok, September 18, 2014 - Bombardier Transportation optimized its strategic supplier relationship management with the All-in-One Supplier Collaboration Platform provided by POOL4TOOL. The purchasing department of the rail-equipment manufacturer benefits from the consolidated overview of data from all departments and multiple ERP systems. In today’s world, shorter development cycles, closer technology partnerships with suppliers, high supply chain quality requirements as well as ongoing monitoring of critical suppliers

Supplier Relationship Management at MANN+HUMMEL is in a class of its own

Vienna | Ludwigsburg, 07.05.2014 – Supplier Relationship Management at MANN+HUMMEL, a global leader in the filtration system market, is in a class of its own. In order to implement its category-specific supply base strategy, and in order to direct global purchasing more efficiently, the established company has chosen to employ purchasing solutions from POOL4TOOL. This cooperation has allowed MANN+HUMMEL to realize their vision of having “One portal, one face to

POOL4TOOL Announces Partnership with riskmethods

Vienna | Munich – POOL4TOOL, the solution specialist for electronic process optimization in tactical and strategic sourcing in purchasing is now working together with riskmethods, a technological market leader for the risk assessment of global supply chains. All risk-relevant information about suppliers, locations, and supply chains from the riskmethods “Supply Risk Network” will now be channeled into POOL4TOOL’s “All-in-One Supplier Collaboration” platform. The risk profiles, which include financial and quality

Global Requirement Bundling with the click of a Button

Vienna | Lippstadt, April 10th, 2014 – Today the firm HELLA is currently bundling their global requirements, resulting in improved bargaining power for price inquiries. The purchasing solution POOL4TOOL creates a single pool of information from more than ten ERP systems through data harmonization. With the click of a button, the consolidated data view is shown to the automotive supplier. With a significant increase in performance, the purchasing department now

First Class Supply Base Management in Mechanical Engineering

Vienna | Lengerich, 13. March 2014 –The international technology partner for the manufacturing of flexible packing machines, Windmöller & Hölscher, has been working with the solution providers at POOL4TOOL for years to increase efficiency in their purchasing department. The project has been focused on tackling strategic supply base management, eSourcing, and improving supplier performance. Windmöller & Hölscher KG is a leading specialist for high-tech machines used to create packaging material,

POOL4TOOL has gained Metso Mining and Construction as a New Customer

Detroit, MI | York, PA – In the search for a viable eProcurement Solution, leading technology and service provider in the process industry, Metso, decided on POOL4TOOL. The solutions specialist won the project due to their vast experience in the procurement industry, especially in the manufacturing sector. When looking for a Procurement solution Metso, one of the leading global supplier of technology and services in the process industries, decided on

New Branch in Serbia

Vienna | Belgrade, November 26, 2013 – The electronic optimizing experts in tactical and strategic sourcing are expanding once again. The increased demand for sourcing solutions has led to a need for further development projects on the part of IT service provides, POOL4TOOL. The experienced team in the new Belgrade location will be focused primarily on eProcurement projects. POOL4TOOL, the provider of the online supply base portal of the same

POOL4TOOL Awarded Highest Rating

Vienna | Munich | Detroit | Singapore | Paris, November 12h, 2013 –The leading provider of eSolutions in the field of sourcing and supply chain management (SCM) regularly allows itself to be evaluated by recognized credit rating agencies. Bisnode, Creditreform and others officially attest to POOL4TOOL’s solvency, minimal risk of financial loss, and financial stability. Although the image of rating agencies has suffered over the past several years, their business

Exceptional Key Indicator Analysis

Vienna | Reutlingen, October 23rd, 2013 – At the start of 2012, the experienced mechanical engineering company Manz began a comprehensive SRM project with their solution partners POOL4TOOL in order to improve the performance of their global purchasing organization. The focal point of this project was the implementation of a complex key indicator system. Recurring processes in tactical purchasing were also re-engineered and the Manz Group’s heterogeneous system landscape was

POOL4TOOL Founds Subsidiary Focused on EDI

Vienna | Haid, October 15, 2013 – POOL4TOOL responds to the increasing demand for EDI connections to the supply base portal. The solution provider has founded the subsidiary “POOL4TOOL EDI powered by GDP”, in order to efficiently connect as many suppliers as possible in the future. Together with Global Digital Post (GDP), POOL4TOOL is planning additional support measures for businesses. POOL4TOOL, a solutions provider for purchasing optimization, is working together with

POOL4TOOL collaborates with Institute in Asia

Vienna | Singapore, August 13 2013 – POOL4TOOL the innovative leader in the field of eSolutions for optimizing sourcing forms a connection with the Singapore Institute of Purchasing and Materials Management (SIPMM). The collaboration with the educational establishment will lead to new developments, concepts and solutions for customers of POOL4TOOL. Since 2009, POOL4TOOL, provider of cloud solutions for strategic supplier management, sourcing and supply chain management, has been represented in the

Long-lasting Performance Improvement with Key Figure Analysis

Vienna/Reutlingen, October 17, 2012 – Manz, a leading high-tech mechanical engineering company, is optimizing its processes in strategic sourcing in order to recognize the risks and potential associated with each supplier early on so that the sourcing department can react to them in time. POOL4TOOL’s customized eSolutions localize and analyze key figures that are relevant to the decision making process, and displays these figures in a comprehensive and transparent way.

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