Year-to-date activity demonstrates acceptance of Avotus ICM as de facto solution for TEM best practices…
TORONTO and BOSTON – May 11, 2006 – Avotus Corporation, the leading provider of communications expense management and e-Procurement solutions, today announced that it closed 16 major contracts in 2006. These enterprise-level Telecommunications Expense Management (TEM) contracts range in value up to US$1 million and are in addition to the company’s continuing expansion in existing customers, as well as new sales to mid-market organizations.
Avotus’ sales success encompassed companies in the finance, healthcare, high technology, petroleum, retail, and telecommunications sectors. Services sold included the full portfolio of Avotus’ Intelligent Communications Management™ (ICM) offerings – e-Procurement, Expense Management and Usage Management for telecommunications and data communications assets and services, including long distance, wireless, data, audio and Web conferencing, as well as new technologies, such as MPLS (Multi-protocol Label Switching).
“Avotus clearly has demonstrated that we are the industry leader in TEM and our momentum is growing,” offered Fred Lizza, Avotus president and CEO. “We’re defining best practices and bringing hard and soft dollar savings to our customers. Avotus truly is the only company to offer ‘Total Control from Procurement to Payment’ for their communications. Only Avotus offers specialized communications e-Procurement services and the hosted or fully outsourced expense and usage management services to ensure that companies actually get the negotiated savings over the life of their contracts.”