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AcceLIM Launches Version 3.0


Thursday March 31, 2011

FOR IMMEDIATE RELEASE

SCOTTS VALLEY, Calif., March 31, 2011 – AcceLIM Inc. the premier supplier of cloud based supply-side order management solutions, today announced the general availability of AcceLIM Version 3.0.

AcceLIM V3.0 is the culmination of two and half years of work focused on expanding the breadth and depth of AcceLIM’s solution. The new V3.0 release includes AcceLIM’s new Match-2-Term technology, a number of improvements in usability and security, and improved reporting and analytics.

“We are very proud of this release”, said John Stetak, AcceLIM’s President and CEO, “Our new Match-2-Term™ capability will increase our strength in Pharmaceuticals and other new project-oriented markets where customers use contracts and statements of work to describe what they are buying. The terms defined in these transactions are significantly more unstructured and complex than classic purchase order based buying.”

“Meanwhile, our improved reporting and analytics provide even more clarity into the exact nature of the discrepancies a customer is actually experiencing, allowing them to drive to even lower discrepancy rates”, said Stetak. AcceLIM V3.0 is available now for new customer implementations and is available to current AcceLIM customers free of charge.

About AcceLIM Inc.

AcceLIM offers cloud-based supply-side order management, accounts payable and invoice processing solutions backed by world class document processing centers. AcceLIM’s solutions allow large to mid-size companies to choose automation over head count – maintaining control of their critical processes while outsourcing the rest to AcceLIM. AcceLIM’s approach organizes and revolutionizes the way discrepancies are resolved across the entire procure-to-pay process and supports both e-invoicing and paper transactions.

AcceLIM, Match-2-Term, and AcceL-I-Match are registered trademark of AcceLIM, Inc. All other trademarks or registered trademarks are the property of their respective owners. AcceLIM is headquartered in Scotts Valley, California.