Leading Semiconductor Wafer Probe Solutions Provider to Transform the Way its Employees Purchase Business Services
SAN MATEO, Calif., July 18 /PRNewswire-FirstCall/ -- Rearden Commerce, Inc., the largest online marketplace for services of all kinds, today announced that FormFactor, Inc., a leading provider of wafer probe solutions for semiconductor testing, will use Rearden Commerce for employee purchasing of travel, package shipping and conferencing services. FormFactor has selected Rearden Commerce partner BCD Travel to handle all travel for employees.
FormFactor's focus is to deliver products, support and service that reduce the total cost of semiconductor wafer testing and provide chip manufacturers the capability needed to test advanced, high-performance semiconductor devices.
"FormFactor is constantly looking for innovative solutions that make our employees more productive, help us control costs and scale with our growth," said Ron Foster, FormFactor chief financial officer. "Rearden Commerce gives all of our employees a single place to book and manage travel and other services. Equally important from a procurement standpoint, we will now have a single point of control over these services and vendors in use across our enterprise. And as Rearden Commerce adds new services, we can implement them for our employees with just a few mouse clicks." Rearden Commerce: One Marketplace for All Services Rearden Commerce offers the only integrated commerce platform and marketplace for services that gives employees one secure site for buying services, while enabling the company to ensure compliance with procurement policy. Rearden Commerce orchestrates all aspects of corporate services on the employees' behalf, including travel, dining, entertainment, web and audio conferencing, package shipping and many others. And services are integrated with the employee's work life: booked services automatically appear on calendars, invitations and RSVPs to meetings are automatically managed and employees can even get a call on their cell phone if their flight is delayed or when a package arrives.
Rearden Commerce also manages compliance with corporate policies. Through a simple-to-use Web console, procurement managers can set and deploy policies across their entire enterprise--including preferred vendors, pricing limits and approval/exception paths. Unlike legacy online booking and purchasing systems, Rearden Commerce is constantly adding new services to the marketplace, offering businesses a central platform for all services procurement.
"We're honored to provide FormFactor and its employees a world-class solution that will transform the way they schedule, buy and manage services," said Patrick Grady, founder and CEO, Rearden Commerce. "Until now, there has not been a solution to optimize purchasing for employees, while simultaneously enabling policy control for corporations and streamlining processes for suppliers. Rearden Commerce, through our unique, next-generation marketplace for services, is solving this need for corporate powerhouses around the world." "Rearden Commerce provides an unprecedented opportunity for companies to enhance productivity, while more effectively managing the full range of services spend," said Ben Parodi, senior vice president of global business development for BCD Travel. "By managing travel and other key services through a single online personal assistant, customers experience a simplified and streamlined way of doing business, resulting in greater efficiency and more savings About FormFactor Founded in 1993, FormFactor, Inc. (NASDAQ:FORM) is the leader in advanced wafer probe cards, which are used by semiconductor manufacturers to electrically test ICs. The company's wafer sort, burn-in and device performance testing products move IC testing upstream from post-packaging to the wafer level, enabling semiconductor manufacturers to lower their overall production costs, improve yields, and bring next-generation devices to market. FormFactor is headquartered in Livermore, California with operations in Europe, Asia and North America. For more information, visit the company's web site at http://www.formfactor.com/.
Rearden Commerce Rearden Commerce, Inc. is the world's largest online marketplace for services of all kinds. Through Rearden's online personal assistant, employees purchase services from a trusted network of over 130,000 global services suppliers based on personal preferences and company policies. Rearden Commerce is headquartered in San Mateo, CA. For more information, visit http://www.reardencommerce.com/.
About BCD Travel As a leading provider of global corporate travel management, BCD Travel simplifies and streamlines the business of travel. This benefits the organization on every level: from the bottom-line to the business traveler. BCD Travel operates in 96 countries on five continents, with US$12 billion in total sales and a combined worldwide work force in excess of 12,000. BCD Travel is a BCD Holdings N.V. company.
NOTE: Rearden Commerce, Services On-Demand, Total Travel Experience and the Rearden Commerce logo are trademarks of Rearden Commerce, Inc. All other company and product names may be trademarks of their respective owners. DATASOURCE: Rearden Commerce, Inc.
CONTACT: Andrew McCarthy of Rearden Commerce, +1-650-212-8453, or ; or Thad Slaton of BCD Travel, +1-404-422-6169, or Web site: http://www.formfactor.com/ Web site: http://www.reardencommerce.com/
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