• Spread sheets cannot compare data across multiple users, systems and sites
• There is a high work effort required to maintain spread sheets
• Spread sheets can facilitate the manipulation of data
• Spread sheets lack an audit trail
• Information is unaccountable to management
• Spread sheets have version control issues
• Information is cumbersome to share with fellow users
• Spread sheet scorecards are disconnected and independent of all procurement teams and software.
• Spread sheets do not promote collaboration between users

Over a decade ago Biznet recognised the pain that companies were facing with spread sheets and saw the opportunity to develop a web-based platform that would enable the collection of supplier performance information. For more information contact marketing@biznetsolutions.com

Biznet Solutions, the leading supplier of Supplier Performance Management solutions to the Oil & Gas industry has recently signed a partnering agreement with Rackspace, the World’s leader in Hosting and Cloud Computing services. Biznet is migrating all of its hosted services across to Rackspace during Q1.

Biznet’s CEO Jonathan Currie says, “We are delighted to announce this news to our customers. We have worked hard over the last few months in identifying a suitable hosting solution from a world-leading partner organisation that shares our values and desire for growth. This transition will fundamentally improve our resilience, reliability, speed of response and robustness for our customers, alongside a lower risk of failure and outage. We have been communicating with our customers over the past few weeks and will shortly have everything in place”.

“This is another example of Biznet listening closely to customer requirements, and ensures we keep pace with our customers’ strategies and goals” he added.

About Biznet Solutions
Biznet is the leading brand in Performance Management Solutions. The company’s web based software enables its customers to increase performance visibility and competitive advantage while improving stakeholder satisfaction. Biznet has implemented supplier performance management solutions with several Fortune 500 organizations. Established in 1997 Biznet is a privately held company with offices in Derry (Northern Ireland) and Houston (USA)
www.biznetsolutions.com

About Rackspace® Hosting
Since 2001 Rackspace has been hosting and supporting mission critical websites, internet applications, email servers, security and storage services. Rackapce now has over 6,000 customers, including hosting services for half of the Fortune 100. Rackspace provides compliance to the highest level, including ISO 27001:2005, SAS 70 Type II, and PCI DSS.
www.rackspace.com

Here’s what one of our 2011 attendees had to say:

Here’s what our attendees had to say:

“The SUG Conference was very rewarding for me. I had the opportunity not only to share my concerns regarding the implementation of the system, but most importantly to understand the challenges that everyone in the room has gone through in their own projects. I brought back great ideas for my project that will definitely help with the full implementation of the system. I would like to highlight that everyone was great, we had quality discussion and interaction. The event exceeded my expectations.”
Cristian Urrutia (Australia Pacific LNG)

More details to follow soon, watch this space.

In the most recent ISM Report On Business®, it was reported that Supplier Performance Management will be the most sought after initiative for organisations to implement in 2012

A recent forecast issued by the Business Survey Committee of the Institute for Supply Management™ (ISM) indicated that supply chain management practices will be improved in 2012 across manufacturing with supplier performance management as the leading technique that is planned to be implemented.

The panel asked what supply chain improvements respondents plan to make in 2012. Seventy-four per cent stated they plan to take steps during the coming year to improve their supply chain management practices. The five most frequently cited approaches are listed below:

1. Supplier performance management
2. Strategic sourcing/supply base rationalization
3. Demand planning to reduce supply lead times
4. Inventory management and control
5. Process and information systems improvements.

Supplier performance management (SPM) is a business practice that is used to measure, analyze, and manage the performance of a supplier’s performance in an effort to cut costs, alleviate risks, and drive continuous improvement. The ultimate intent is to identify potential issues and their root causes so that they can be resolved to everyone’s benefit as early as possible.

Biznet Solutions are leading experts in Supplier Performance Management. For more information contact us at marketing@biznetsolutions.com or call (US): +1 713 589 9236 or (ROW): +44 28 7127 7050.

Biznet’s CEO, Jonathan Currie commented “We are delighted with the response we had from this key event. It was a fantastic opportunity to meet our clients and get to understand their requirements better. We have an incredible diversity of clients, both geographically, and in the context of how they are using our PerforMIS SPM solution. It was great to see them interacting and sharing their experiences. It sparks new ideas, acts as a sounding board and enables best practice. These types of events are crucial in helping to shape Biznet’s product development strategy. Fully understanding our clients’ needs is imperative to developing solutions that meet their requirements.

One of the delegates in attendance, Cristian Urrutia from Australia Pacific LNG stated “The SUG Conference was very rewarding for me. I had the opportunity not only to share my thoughts regarding the implementation of the system, but most importantly to understand the challenges that everyone in the room has gone through in their own projects. I brought back great ideas for my project that will definitely help with the full implementation of the system. I would like to highlight that everyone was great, we had quality discussion and interaction. The event exceeded my expectations.”

About Biznet Solutions
Biznet is the purpose brand in Supplier Performance Management Solutions. The company’s web based software enables its customers to increase performance visibility and competitive advantage while improving stakeholder satisfaction. Biznet has implemented supplier performance management solutions with several Fortune 500 organizations. Biznet offers a range of solutions including supplier performance management, risk management and HSSE performance management. Established in 1997 Biznet is a privately held company with offices in Derry (Ireland) and Houston (USA).

For further information Mark Donaghy, Head of Marketing, +442871378020

http://www.biznetsolutions.com

http://sug.biznetsolutions.com

A few words from Jonathan Currie (CEO) about Biznet Solutions

Biznet Solutions Inc.
Williams Tower,
Suite 4100,
2800 Post Oak Boulevard,
Houston,
TX 77056
USA

All telephone numbers and e-mail addresses remain the same.
t: +1 713 5899236
f: +1 713 5895594
e : houston@biznetsolutions.com

Head of Marketing for Biznet, Mark Donaghy, comments “We were delighted with the success of the first User Group meeting we held in Northern Ireland last year. It proved to be very well received with our clients. They got an opportunity to see best practice in action and it gave us the opportunity to listen to their needs. The next User Group meeting in Houston will continue the theme. I’m excited at the response we have had so far”.

More details of the event will follow over the coming days.

In the article Jason looks at the key functionality of our core solution.

`Without question, Biznet, which only focuses on supplier performance management (and related risk areas), clearly appears at the top of the pack in certain markets`.

This article is available on the Spend Matters website & available in our Knowledge Hub.
To have a demo of our PerforMIS solution you can contact us here.