ProcurePort, Cloud Hosted Spend Management and e-Sourcing Software Now

Comes with Electronic Signature Capabilities

ProcurePort partners with SignNow to deliver Digital Signature Capabilities integrated with its
suite of e-Sourcing and Spend Management Software. Enterprises with vendor-facing electronic
signature requirements are increasingly interested in using suites and services rapidly to automate
signature-oriented business processes and implement required controls.

Indianapolis, IN, September 18, 2017 --(PR.com)-- ProcurePort, in partnership with SignNow announces
the seamless integration of the ProcurePort Suite of Sourcing Applications with the SignNow electronic
signing capabilities, allowing for a smooth and secure electronic signing experience over the web and
mobile devices.

According to Gartner, by 2019, expanding adoption of e-Invoicing, e-Sourcing and supplier

information management technology will result in a tenfold increase in digital B2B interactions.

Ability to sign documents and contracts electronically will add significant process efficiency along with
security and compliance to the entire transaction process. Processes that used to take weeks now take
hours.

According to the Institute for Supply Management and Forrester Research, 85 percent of companies
recently surveyed said they have made progress toward adopting the Internet for purchasing.
Additionally, 46 percent said they use company-wide procurement tools. Utilizing e-Sourcing,
ProcurePort customers have saved from 8 percent to 32 percent on the goods, materials and services they
purchase from global suppliers and increased process efficiency.

The ProcurePort integration with SignNow offers the security, customization and integration features
needed for enterprise-wide e-signature deployments.

E-Sourcing is quickly gaining momentum among mid-market organizations as firms like ProcurePort
target them with easy-to-use, on-demand sourcing services that provide substantial cost savings with
minimal investment. According to Purchasing magazine's recent Benchmark Survey on E-Sourcing
Strategy, the use of these services rose by 24 percent in the past year. The survey also indicated that this
market is poised for continued growth as respondents stated that they plan to use e-Sourcing for a
majority of their MRO & indirect spend.

Founded in 2001, the company has expanded its service set from discrete online auction tools to complete
on-demand sourcing solutions including providing sourcing, spend analysis services and Procure-to-Pay
Software. ProcurePort also provides an online marketplace solution that can be customized to launch
e-marketplaces in vertical specific B to B and B to C markets. Since the company's formation, its
operations have expanded from a single staff member to 84 technology and procurement professionals.

About ProcurePort

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ProcurePort, a leader in cloud-based spend management software, enables businesses of all sizes globally
to streamline their procurement process. ProcurePort provides an easy to use suite of cloud hosted
procurement tools. The ProcurePort Source-to-Pay software includes capabilities such as e-RFI,
e-RFQ/RFP, Reverse Auction, P.O and Invoice Automation with full Inventory & Catalog management,
allowing customers to realize a return on investment within a few months of implementation. Learn more
at www.procureport.com or call 1.866.643.8153 (toll-free in North America).

Note to Media: To schedule an interview with a ProcurePort representative to discuss trends in

e-Sourcing, Online Procurement, e-Marketplaces, P.O and Invoice Automation, contact us at
sales@procureport.com

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Contact Information:
ProcurePort
Jack Smith
866-643-8153
Contact via Email
www.procureport.com

Online Version of Press Release:

You can read the online version of this press release at: http://www.pr.com/press-release/730150

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