RollStreamNews & Events
SPS Commerce Selects RollStream to Expand Trading Partner Onboarding and Supply Chain Collaboration
MCLEAN, Va. and MINNEAPOLIS, Minn., August 18, 2010 - RollStream, and SPS Commerce, a leading provider of on-demand supply chain management solutions, today announced a partnership to help retailers operate more efficiently by RollStream Registration into their community of trading partners and establish their vendor directory as the platform for master data management and ongoing collaboration.
“During SPS’ vendor enablement programs, we interact with many individuals within a vendor’s IT, sales, and logistics departments,” commented Archie Black, president and CEO of SPS Commerce. “As a result of each program, we can help a retailer or distributor to cleanse their vendor master data, augmenting it with a variety of appropriate contacts. With RollStream, this information can become even more valuable. To promote supply chain collaboration, retailers can place these trading partner contacts into a dynamic vendor directory that is similar to profiles used by social networking sites.”
The partnership will also extend the SPSCommerce.net platform to include an online trading partner network that retailers can use to quickly source or identify desirable characteristics for efficient trading, for example, locating vendors that are willing to do drop shipments to individual customers. Once located in the network, retailers will also be able to engage potential vendors in online sourcing conversations and the exchange of rich multimedia, documentation, or marketing information to speed buying decisions.
The initiative pairs SPS Commerce’s supply chain solutions and RollStream’s community management platform to drive new supply chain efficiencies, improve business performance and ease trading partner collaboration.
“Combining SPS Commerce’s solution with RollStream’s collaboration platform to accelerate the vendor onboarding process is key to increasing revenues for retailers,” said Kristin Muhlner, CEO of RollStream. “By automating the onboarding and vendor discovery process, our joint solution will enable theses processes to be executed with fewer resources, and increase the quality of data captured directly from the vendors.”
RollStream’s Suite of Online Tools tools enables trading partner company profile and eCommerce credential capture, and traceable mass communications. In addition, RollStream automates critical business-to-business activities such as supplier registration, vendor compliance and risk management, and collaborative dispute resolution. These tools can work in concert with SPS’s multi-tenant SaaS solutions that provide a retailer’s trading partners with an intelligent way to execute orders. The result is greater functionality, seamless integration and reliability with less cost and risk than traditional software.
About RollStream
RollStream Inc. is the leader in enterprise community management. The company’s SaaS product optimizes supplier relationships through a powerful collaboration platform that includes master data management, robust communications tools, and process applications Industry leaders such as Tesco, CVS, and Ahold USA use RollStream to realize the full potential of their extended supplier community through activities such as supplier registration, compliance and risk management, and dispute resolution. Learn more at http://www.rollstream.com or http://www.twitter.com/rollstream.
About SPS Commerce
SPS Commerce is a leading provider of on-demand supply chain management solutions, providing integration, collaboration, connectivity, visibility and data analytics to thousands of customers worldwide. We deliver our solutions over the Internet using a Software-as-a-Service model to improve the way suppliers, retailers, distributors and other customers manage and fulfill orders. Our SPSCommerce.net platform features pre-built integrations used by current and new customers alike, spanning 2,700 order management models across 1,300 retailers, grocers and distributors, as well as integrations to over 100 accounting, warehouse management, enterprise resource planning, and packing and shipping applications. More than 35,000 customers across more than 40 countries have used SPSCommerce.net, making it one of the largest trading partner integration centers. SPS Commerce has 38 consecutive quarters of increased revenues and is headquartered in Minneapolis. For additional information, please contact SPS Commerce at 866-245-8100 or visit http://www.spscommerce.com.
ROLLSTREAM CONTACT
Leah Wilkinson
WilkinsonShein for RollStream
(703) 907-0010
SPS COMMERCE CONTACTS
Kay Rindels
SPS Commerce
866-245-8100
Kim Baker
PAN Communications
978-474-1900
SPS Commerce is a registered trademark of SPS Commerce, Inc. SPSCommerce.net and the SPS Commerce logo are the property of SPS Commerce, Inc. All other names and trademarks are the property of their respective holders.
Cautionary Note Regarding Forward-Looking Statements
Any statements in this release that are not historical or current facts are forward-looking statements. All forward-looking statements in this release are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. These statements involve known and unknown risks, uncertainties and other factors that may cause our actual results, performance or achievements to be materially different from any future results, performances or achievements expressed or implied by the forward-looking statements. Certain of these risks and uncertainties are described in the “Risk Factors” section of our Registration Statement on Form S-1 and other required reports, as filed with the SEC, which are available at the SEC’s Website at http://www.sec.gov.
Retailers & Manufacturers Quickly Adopt Online Network for CPSIA Compliance
Exchange popularity increases as Consumer Product Safety Commission approves methods to assess up to $100,000 per-violation penalties
Alexandria, VA - May 26, 2010 - More than ten major retailers, representing over $150 billion in chain drug sales, have joined the Certificate Exchange Network (CEN) offered by the National Association of Chain Drug Stores (NACDS) and RollStream. The CEN is an online network where retailers and manufacturers can securely post or link to existing product safety certificates to demonstrate compliance with the Consumer Product Safety Improvement Act of 2008 (CPSIA).
The CPSIA of 2008 imposes new document sharing requirements regarding product safety testing certificates on certain consumer products. Products covered under the legislation must have paper or electronic certificates of conformance that indicate the products have been tested, do not exceed specific substance levels, and in some cases have been packaged following U.S. Consumer Product Safety Commission (CPSC) guidelines. These products are wide-ranging, and ultimately will include everything from toys to printer cartridges, bandages, over-the-counter medications and prescription medications.
“The Certificate Exchange Network can mean the difference between knowing where the most up-to-date certificates are located when they are needed, and not,” said Rick Cognetti, Vice President, Retail Merchandising at Kinney Drugs. “So working with Kinney Drug trading partners in the network to avoid governmental fines makes perfect sense.”
On March 16, 2010, the CPSC voted to approve a final rule interpreting factors to be considered when seeking a civil penalty amount for knowing violations of CPSC laws. As a result of the CPSIA, the maximum penalty for each violation of the Consumer Product Safety Act (CPSA), the Federal Hazardous Substances Act (FHSA), and Flammable Fabrics Act (FFA), increased from $8,000 to $100,000. Maximum penalty amounts for a related series of violations increased from $1.8 million to $15 million.
“Ensuring compliance with all regulatory requirements, particularly those relating to product safety, is critical to our business,” said Nancy Secours, Senior Director of Supply Chain Operations at Pfizer. “The zero-install and strong usability, of the NACDS-backed solution made selecting the CEN the logical choice for us.”
NACDS purposely partnered with RollStream to make it easy for their members to directly post GCC’s to the network or provide links to certificates stored on their website. Also, with a simple, easy-to-use browser interface, retailer members can securely download product certificate needed to demonstrate CPSIA compliance within seconds. This allows retailers and manufactures to significantly reduce their risk of non-compliance.
To register for the CPSIA Certificate Exchange Network go to: http://www.cpsiainfo.com
The National Association of Chain Drug Stores (NACDS) represents 154 traditional drug stores, supermarkets, and mass merchants with pharmacies – from regional chains with four stores to national companies. NACDS members also include more than 900 pharmacy and front-end suppliers, and over 70 international members from 24 countries. Chains operate 37,000 pharmacies, and employ more than 2.5 million employees, including 118,000 full-time pharmacists. They fill more than 2.5 billion prescriptions annually, which is more than 72 percent of annual prescriptions in the United States. The total economic impact of all retail stores with pharmacies transcends their $815 billion in annual sales. Every $1 spent in these stores creates a ripple effect of $3.82 in other industries, for a total economic impact of $3.11 trillion, equal to 26 percent of GDP. For more information about NACDS, visit www.NACDS.org.
RollStream Inc. is the leader in enterprise community management. The company’s Software as a Service product optimizes supplier relationships through a powerful platform that includes supplier master data management, robust supplier collaboration tools, and business-to-business process applications.
Industry leaders use RollStream to realize the full potential of their extended supplier community through activities such as supplier registration, compliance and risk management, and dispute resolution.
To learn more visit http://www.rollstream.com or http://www.twitter.com/rollstream
How the Consumer Product Safety Improvement Act Could Forever Change the Supply Chain
April 9, 2010
“The CPSIA may have created new challenges for the supply chain, but it also creates new opportunities. Companies are now using these new compliance mandates as a way to rethink how they share data, embracing the supply chain as a community where information can be rapidly disseminated and democratized. Making supply chains social means making them transparent...”
RollStream and Natural Insight Partner for New Supply Chain Management and Execution Capabilities
MCLEAN and STERLING, VA.- July 13, 2010 - RollStream Inc., the leader in enterprise community management and Natural Insight, the leading web-based platform for task management and workforce optimization, today announced a channel partnership to help large enterprises optimize their supply chain operations by improving execution management processes and boosting trading partner compliance and performance. The joint offering brings together RollStream’s community management platform with Natural Insight’s workforce platform to accelerate task plan creation, enhance in-store project execution and improve overall trading partner collaboration and compliance to drive new supply chain efficiencies.
RollStream’s collaboration platform paired with Natural Insight’s Software-as-a-Service (SaaS) workforce management platform delivers complete project lifecycle execution intelligence including project status, issue management resolution and effort analysis.
“By combining Natural Insight’s solution with RollStream’s collaboration platform, retailers now can behave like a Consumer Packaged Goods company without all of the risk,” said Nick Parnaby, COO and Founder of RollStream. “Together the two platforms deliver substantial gains in business efficiencies and allow companies to better focus on rapidly expanding their business with new product offerings.”
“At Natural Insight, we are always on the lookout for methods to extend our platform capabilities and providing enhanced trading partner information through RollStream is a win for everyone,” said Stefan Midford, President and CEO of Natural Insight. “We are now able to extend management intelligence from the initial partner relationship all the way to actual field execution, which will provide our clients with a competitive edge.”
The combined solution provides retailers looking to expand product selection or private label brands to establish new trading partner relationships, manage compliance initiatives and improve product quality while managing rollout execution across hundreds to thousands of store locations. Retail partners are now able to turn intelligence and communication from the RollStream community into actions in the store with performance management feedback loops and status tracking.
Both the collaboration and workforce management platforms are available as annual software license under the SaaS model offered and managed by Natural Insight. Companies looking to grow their markets with a cost-effective technology can quickly launch the joint solution with little or no IT investment and minimal setup effort.
About RollStream
RollStream Inc. is the leader in enterprise community management. The company’s SaaS product optimizes supplier relationships through a powerful collaboration platform that includes master data management, robust communication tools, and process applications Industry leaders such as CVS, Ahold USA and Ethicon/Johnson & Johnson use RollStream to realize the full potential of their extended supplier community through activities such as supplier registration, compliance and risk management, and dispute resolution. Learn more at http://www.rollstream.com or http://www.twitter.com/rollstream.
About Natural Insight
RNatural Insight, a web-based platform that improves an organization’s ability to make superior business decisions, provides real-time task management capabilities with extensive tools for workforce communication and remote data collection. The company’s solution enables Execution Intelligence that can dramatically reduce costs, accelerate speed-to-market and maximize performance. Natural Insight customers experience rapid work verification, improved accountability and increased accuracy that empowers managers to coordinate the activities of a larger number of workers with significantly less effort. Visit www.naturalinsight.com.
ROLLSTREAM CONTACT:
Leah Wilkinson
(703) 907-0010
NATURAL INSIGHT CONTACT:
Suzie Linville
703.437.8018 x 232
SEEBURGER & RollStream Simplify Trading Partner Community Management
ATLANTA and MCLEAN, Va., June 8 —SEEBURGER Inc. and RollStream Inc. today announced a channel partnership to help large enterprises simplify the management of complex B2B trading communities by automating both the exchange and testing of transactional data, such as purchase orders, and administrative human-to-human processes, such as new supplier/customer registration. The initiative pairs SEEBURGER’s B2B integration and RollStream’s community management platforms to drive new supply chain efficiencies, improve business performance and ease trading partner collaboration.
The combined offering closes a gap in B2B automation related to the standard practice of handling non-transactional partner communications by email, fax and phone. While EDI and associated technologies have enabled system integration for years, interactions such as managing partner master data and executing key enablement programs have remained manual processes. RollStream bridges that gap with a suite of online tools that enable profile and credential capture, robust communications, and important business-to-business activities such as supplier registration, compliance and risk management, and dispute resolution.
These tools complement SEEBURGER offerings ranging from the widely adopted Business Integration Server (BIS) platform for EDI/B2B connectivity to the SEEBURGER RollOut Portal for partner self-serve message testing and certification.
Use of the RollOut Portal shortens onboarding time for automated document exchange from several weeks to several days, and eliminates $15,000 to $20,000 per partner in IT work for the hub organization. Both the BIS platform and the RollOut Portal are available as a software license, under the Software-as-a-Service (SaaS) model, or as a service deployed and managed by SEEBURGER.
“Good management of a trading partner community is a critical factor in optimizing supply chain performance. A recent study by Aberdeen Group, for example, linked best practices in partner management to business benefits such as fast cash conversion cycles, on-time order delivery from suppliers, and on-time order delivery to customers,” said Bill Metallo, Vice President of SEEBURGER Inc. “Enterprises that use our B2B integration solutions with RollStream’s community management platform will take a major step toward improving the collaboration processes that can help achieve these kinds of results.”
“By combining SEEBURGER’s solution with RollStream’s collaboration platform, companies looking to establish more strategic trading partner relationships can now do so at the human layer,” said Pete Plotas, VP of Channels and Partners at RollStream. “Together the two platforms deliver comprehensive trading partner community management and incremental gains in business efficiencies.”
About SEEBURGER
SEEBURGER is a leading provider of global business integration solutions designed to optimize transactions throughout the extended enterprise by automating trading relationships with all partners regardless of their size and technical resources. Launched in 1986 to provide integration solutions to the automotive industry in Germany, the company today is ranked among the top business-to-business gateway providers by leading industry analysts, and serves more than 8,000 customers in more than 50 countries and more than 15 industries through its flagship Business Integration Server and related products and services. SEEBURGER has global offices in Europe, Asia Pacific and North America, including a U.S. office that opened in 1998. For more information, visit http://www.SEEBURGER.com
About RollStream
RollStream Inc. is the leader in enterprise community management. The company’s SaaS product optimizes supplier relationships through a powerful collaboration platform that includes master data management, robust communications tools, and process applications Industry leaders such as CVS, Ahold USA and Ethicon/Johnson & Johnson use RollStream to realize the full potential of their extended supplier community through activities such as supplier registration, compliance and risk management, and dispute resolution. Learn more at http://www.rollstream.com or http://www.twitter.com/rollstream.
SEEBURGER CONTACT:
Monisha Mills
SEEBURGER Inc.
678 638 4884
ROLLSTREAM CONTACT:
Leah Wilkinson
RollStream
(703) 907-0010
RollStream Announces Supplier Master Data Management Services
Reduce Supplier Management Costs and Eliminate Supplier Risk
McLean, Va. - April 28, 2010 – RollStream Inc., the leading provider of enterprise community management solutions, today announced the availability of its Supplier Master Data Management (MDM) Services. These services are designed to deliver a comprehensive view of global supplier communities by enriching supplier directories with critical information, such as corporate relationships, diversity, spend management and risk data. With a strategic supplier directory in place, RollStream customers can then engage their suppliers in large-scale rollouts of technology initiatives, executions of supplier compliance projects and risk assessments.
“An inaccurate supplier master file can cost a business millions of dollars and needlessly expose it to supply and brand risks,” said Kristin Muhlner, RollStream CEO. “Implementing RollStream’s Supplier MDM services allows our customers to truly know their suppliers, which is extremely important in today’s global economy.”
RollStream Supplier MDM Services include both basic and advanced supplier profile enrichment offerings. The Supplier Profile Enrichment service appends existing trading partner records with essential information such as address, tax ID, annual revenue, D&B D-U-N-S Number®, product information or organization data. The Supplier Diversity Profile Enrichment service allows customers to review, clean, classify and standardize their existing supplier directories with business classification and certification statuses to manage supplier diversity programs and diversity spend.
The Supplier MDM Services also include supplier risk profile enrichment tools that can be used to assess and predict supplier risk, establish predictive oversight, and ensure business continuity. All information added to a RollStream supplier directory can be exported as reports on-demand, used to create risk alerts and generate company risk dashboards.
On May 5 at 3 pm EDT, RollStream’s founder and COO, Nick Parnaby, will present “Your Supplier Master File Is Broken! Here’s How to Fix It!” - a webinar illustrating how a $90 billion retailer transformed its vendor master file into a strategic asset. Register now at https://www2.gotomeeting.com/register/303491219.
RollStream’s Supplier Master Data Management solutions are powered by D&B Insight. D&B is the world’s leading source of commercial information and insight. By combining RollStream’s cloud-based partner master data management with D&B business, product, diversity, and risk information, customers can reduce administrative costs and mitigate risks across their entire global trading partner community.
About RollStream
RollStream Inc. is the leader in enterprise community management. The company’s Software as a Service product optimizes supplier relationships through a powerful platform that includes supplier master data management, robust supplier collaboration tools and business-to-business process applications.
Industry leaders such as CVS, Ahold USA, and Ethicon/Johnson & Johnson use RollStream to realize the full potential of their extended supplier community through activities such as supplier registration, compliance and risk management, and dispute resolution.
To learn more, visit www.rollstream.com or www.twitter.com/rollstream/cpsia
Media Contact:
Leah Wilkinson
WilkinsonShein Communications
703-907-0010
