American Express Company, the nation’s largest corporate card provider, announced a strategic agreement with RightWorks Corporation, a partner company in the Internet Capital Group network and a leading provider of next-generation e-business applications, to integrate the American Express Corporate Purchasing Card platform into the RightWorks eBusiness Application Suite. RightWorks and American Express will offer online enrollment for buyers and suppliers, with instant click-through access to American Express card membership applications, and merchant acceptance directly from the RightWorks Open Commerce Network.
! As part of the agreement, RightWorks will utilize the American Express Corporate Purchasing Card to enable a streamlined payment and reconciliation process for online purchases between buyers and sellers. The American Express Corporate Purchasing Card platform extends the benefits of the RightWorks solution by automating the payment, reconciliation and data integration processes, thereby providing an end-to-end electronic purchasing solution. This interoperability will facilitate the process of order placement, fulfillment, reconciliation, data management and program maintenance.
“The RightWorks eMarketplace Suite(TM) is an open, highly tailorable solution that gives companies the ability to offer their e-marketplace participants a broad selection of differentiated services within a secure environment,” said Mary Coleman, CEO of RightWorks. “As an established, leading vendor, American Express offers Internet-based payment services that will allow RightWorks to provide customers with value-added services that are tightly integrated with e-business processes.”
“The value of the partnership between American Express and RightWorks is to streamline e-procurement for Fortune 500 companies, helping them make complex business transactions as simply as making a business-to-consumer transaction for themselves,” said Mac Schuessler, vice president, corporate e-payment services, American Express. “The tight integration of the American Express Corporate Purchasing Card platform into the RightWorks eBusiness Application Suite offers e-marketplace customers a quick and easy payment solution and helps speed e-marketplace growth.”
About American Express
American Express is the leading provider of commercial card and expense management solutions in the U.S. Through its Corporate Services group, the company counts nearly 75 percent of the Fortune 500 as customers of its Business Travel, Corporate Card and Corporate Purchasing Card programs. For buying organizations and suppliers alike, American Express Corporate Purchasing Card can help cut costs, reduce paperwork, leverage data and speed order delivery. More than 2,000 companies use the American Express CPC as a reengineering tool to gain control over indirect expenses such as office supplies, temporary services, desktop tools and industrial equipment. Rightworks joins an expanding e-payment interoperability program for the American Express Corporate Purchasing Card. For more information on the American Express Corporate Purchasing Card, visit .
The American Express Company is a diversified worldwide travel, financial and network services company founded in 1850. It is a leader in charge and credit cards, Travelers Cheques, travel, financial planning, investment products, insurance and international banking.
About RightWorks eMarketplace Suite
RightWorks eMarketplace Suite is a next-generation solution that enables companies to quickly build high-value and highly differentiated global trading communities. A component of the RightWorks eBusiness Application Suite, eMarketplace Suite is a fully integrated, out-of-the-box solution that features many-to-many personalization capabilities and supports the full transaction lifecycle. RightWorks’ technology is built on a 100% Internet architecture that provides unmatched levels of scalability, enabling the internetworking of e-marketplaces on a global basis. Functionality includes: procurement, sourcing and auctioning, financial services, supply chain and logistics, customer relationship management (CRM), commerce intelligence, security, management and administration, and transaction infrastructure.
RightWorks Corporation ([http://www.rightworks.com]) is a partner company in the Internet Capital Group network and a leading provider of next-generation e-business applications. Founded in 1996, RightWorks is a privately held company backed by Internet Capital Group and Sequoia Capital. Based in San Jose, Calif., RightWorks’ more than 250 employees are focused on delivering customer value from locations in 10 countries in North America, Asia, and throughout Europe. With a customer base growing by more than 300% in the last six months, RightWorks customers include corporations such as CSC, Fujitsu, Industrial America, Juniper Networks and others. RightWorks also powers leading e-marketplaces including VerticalNet, Network Commerce, eMerge Interactive, FacilityPro and others.