Ameri-Source Selects Instill to Reduce Food Costs, Improve Contract Compliance, and Offer GPO Member Clients Robust Purchase Management, Rebate Tracking, and Reporting
Integrated spend intelligence solutions from Instill will drive business growth, increase compliance, and create competitive advantage for Ameri-Source and its clients.
SAN MATEO, CA., - May 7, 2008
Instill® Corporation ("Instill"), a leading provider of spend intelligence services and solutions for the foodservice industry, today announced that Ameri-Source, LLC, a Group Purchasing Management Organization (GPO) selected Instill to provide a comprehensive Spend Intelligence solution to manage their food spend, drive compliance, and offer their client base of corporate-owned businesses, franchisees, and affiliate members a turn-key solution to control costs through purchase management, contract compliance and rebate tracking.
"Instill Spend Management will enable us to audit 100% of our managed spend, ensuring that our franchisees and members benefit from the full value of our negotiated contracts," said John Plummer, CEO of Ameri-Source.
Through its partnership with Instill, Ameri-Source will offer multi-unit foodservice and vending operators a comprehensive suite of procurement services and spend control tools including the Instill Spend Management and Instill Procurement solutions. Instill is helping Ameri-Source deliver on its value proposition of negotiated pricing, tracking of earned rebates, and managed order guides to GPO members by tracking compliance with automated, exceptions-based reports.
Instill Spend Management automates the collection and standardization of unit purchase information from distributors, identifies contract price variances, SKU and manufacturer optimization opportunities, compliance problems and helps uncover new savings opportunities. Instill Procurement simplifies and streamlines all stages of the order-to-pay process for unit managers, allows corporate to control order guides, reduces unit inventory levels, and streamlines invoice reconciliation through seamless integration with back-office, accounts payable and distributor fulfillment systems.
"We forged this relationship with Ameri-Source because our Spend Intelligence Suite of solutions are well suited not only to chain operators, but also to GPOs like Ameri-Source," said William Yaglou, Senior Vice President of Client Development at Instill. "Our solutions uniquely enable GPOs to share real-time reporting and analysis with their franchisees and members, allowing all parties to collaborate effectively and to make informed, intelligent business decisions."
Instill's proven suite of solutions - Spend Intelligence for Operators and Trade Spend Intelligence for Manufacturers - provide foodservice industry constituents the visibility they need to manage and grow their businesses. The Spend Intelligence Suite for Operators is a suite of hosted, web-based solutions that address critical foodservice processes including Spend Management, Procurement, Inventory Management, and Quality Management.
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