Rearden Commerce Launches Site Dashboard and Mobile Dining Service to Drive Cost Savings
Written by Rearden Commerce
Wednesday, 17 December 2008
New Capabilities Increase Visibility and Business Spending Controls, while Delivering Value to Employees
FOSTER CITY, Calif.-Rearden Commerce, Inc., the creator of a leading on-demand platform that helps companies buy and manage services online, today announced the launch of two new capabilities: a site dashboard that monitors services spending, and a mobile dining service that delivers a best-in-class mobile dining experience to users while identifying savings opportunities, anywhere and anytime. Now, companies will have greater visibility into spending patterns and can drive higher adoption rates to bring cost savings in today’s uncertain economy.
“In an economy where cost savings are a top priority, businesses need increased visibility into adoption and spend trends, so they can make informed decisions and roll out any course corrections that may be needed,” said Patrick Grady, founder and CEO of Rearden Commerce. “Companies of all sizes look to Rearden Commerce for an intuitive spend management platform that is easy to use by both purchasing departments and individual employees. We continue to innovate and build applications that are addictive and user-friendly – creating a true win-win in terms of employee satisfaction and company savings goals.”
The Site Dashboard is an online, at-a-glance tool that allows companies to monitor and manage spending for multiple service categories, aggregating data in real time. Companies can review data on adoption rates, transaction metrics, spending and benchmark trends to determine policy adjustments needed to improve cost savings. In addition, travel management companies (TMCs) that use the Rearden Commerce™ Platform can use the Site Dashboard to monitor a company’s trends and make recommendations to reduce spend in certain categories.
The mobile dining service helps corporations manage dining expenses, which accounts for seven to nine percent of a company’s travel and entertainment expenses. The mobile dining service, an expansion of the Mobile Personal Assistant, brings employees the convenience of searching and booking restaurant reservations based on a company’s policies directly from one’s mobile device. The application is location-aware and provides information based on an employee's current placement. Additionally, it clearly marks restaurants that enroll in a dining program that provides participating companies with rebates of up to 10 percent when an employee chooses to dine at one of the thousands of restaurants within the network.
As the Mobile Personal Assistant is so closely tied to the intuitive Rearden Personal Assistant™, the application applies both one’s personal dining preferences and existing itinerary. The mobile dining application pulls together content from multiple providers, including maps and reviews to provide employees with relevant dining information to make well-informed decisions while on-the-go.
About Rearden Commerce, Inc.
Rearden Commerce is revolutionizing the way companies and individuals buy and manage services online. Its flagship product, the Rearden Personal Assistant™, is an intelligent Web and mobile application that provides companies and individuals with one place to conveniently purchase a variety of services such as travel, entertainment, shipping, and conferencing. Companies can establish and enforce corporate spending policies that deliver significant cost savings, while employees can find the services they need at the best value with ease. The Rearden Personal Assistant is built on the Rearden Commerce™ Platform, which manages an ecosystem of more than 160,000 trusted suppliers, merchants and third-party application providers. The company has significant distribution and reseller channels that include American Express and dozens of travel management companies (TMCs). Rearden Commerce has more than 2200 customers, including Fortune 500 enterprises like ConAgra Foods, GlaxoSmithKline and JDSU, as well as small- and medium-sized companies; all of which rely on the recommendations and concierge service of the Rearden Personal Assistant to reduce costs.
Rearden Commerce has two wholly-owned subsidiaries, ExpenseWire®, a leading on-demand expense management tool, and Global Ground Automation (GGA), the leading ground transportation reservation system provider. Rearden Commerce is headquartered in Foster City, California. For more information, visit reardencommerce.com, expensewire.com, or globalground.com.
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