Perfect Commerce provides SaaS-based spend management solutions and an open supplier network to aid procurement operations.
Perfect Commerce provides a SaaS spend management solutions and the open supplier network. The company's solutions include PerfectSource, which creates value from effective supply management; PerfectProcure, which establishes control of the procure-to-pay process; and PerfectShop, which enhances visibility of company-approved goods and services. Perfect Commerce solutions specialize in procurement operations by identifying organizational needs and requirements, as well as capturing and analyzing empirical spend and marketplace data to develop a suite of business solutions tailored to each organization's operating environment. In addition, the company's solutions include Open Supplier Network, a hosted service that connects buyers and suppliers to facilitate B2B transactions; and Commerce One Procurement tool, a behind-the-firewall solution that manages and controls the procurement and purchasing process. It serves chemicals, retail, energy, financial services, health/medical, hospitality, food products, education, manufacturing, technology, and transportation industries.
Announced Date | Round | Money Raised | Number of Investors | Lead Investors | Post Valuation | |
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Apr 24, 2000 | Series B | $37M | 2 | — | — | Detail |
Investor Name | Lead Investor | Funding Round |
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Primedia Ventures | — | Series B |
Allen & Company | — | Series B |