Press Release
- Date:
- Tuesday, August 28, 2001
- Contact:
- David Peikin
- Phone:
- (301) 918-0818
- Email:
- G1@schwartz-pr.com
Yantra Provides Data Quality through Integration of
Group 1 Software's HotData Web Service
Technology Partnership Offers Yantra Customers Real-time Fulfillment Data Providing Address Accuracy and Demographic and Geographic Intelligence
Group 1 Software (Nasdaq: GSOF), a leading provider of customer relationship management (CRM)-enabling software solutions, today announced that Yantra Corporation, the leading provider of multi-enterprise commerce management solutions, has integrated Group 1's HotData service into its Multi-Enterprise Commerce Management Suite. Headquartered outside Boston, Yantra's advanced applications enable companies to coordinate, manage and monitor orders, inventory and supply across their extended trading networks.
As a result of the business partnership, Yantra's customers can easily now integrate Group 1's HotData service to verify, correct, and/or format addresses for over 220 countries and dependencies worldwide, helping to ensure deliverability while providing substantial operational savings. Yantra's customers can also benefit from HotData's enriched demographic and geographic profiles, which help increase sales and customer loyalty through improved target marketing. HotData's hosted solutions enhance customer relationship management (CRM) and e-business applications by delivering in-depth customer, prospect, and business information.
"By adding Group 1's HotData into our multi-enterprise order and inventory management applications, we can improve our customers ability to guarantee accurate and timely fulfillment to their customers," said John Trigg, product manager at Yantra Corporation. "Additionally, access to HotData's powerful geographic and demographic data gives Yantra customers valuable added insight into their trading relationships." "We're pleased to have been selected by Yantra to provide address data quality and geographic and demographic intelligence across their customers' enterprises," said Ken Chow, vice president of business development and e-Commerce at Group 1. "Yantra's selection of HotData underscores the value of our hosted solutions for organizations that must ensure customer information in real-time across multiple enterprises." To see a product demonstration of HotData, visit Group 1's booth (#824) at the DCI Customer Relationship Management Conference and Exposition, August 29-30 at the Jacob K. Javits Center in New York City.
About Group 1 Group 1 Software (Nasdaq: GSOF) is a leading provider of customer relationship management (CRM)-enabling software solutions for data quality, marketing automation, customer relationship communications and direct marketing applications. Group 1's software systems and services enable 2,500 customers worldwide to market smarter by helping them find, reach and keep customers. Founded in 1982 and headquartered in Lanham, Maryland, Group 1's solutions are utilized by leaders in the financial services, banking, retail, telecommunications, utilities, e-commerce, and insurance industries. The company's customer base includes such recognized names as AT&T, Charles Schwab, Entergy, GEICO, L.L. Bean, MCI WorldCom, Wal-Mart and Wells Fargo. For more information about Group 1, visit the company's Web site at http://www.g1.com.
About Yantra Yantra is the leading provider of multi-enterprise commerce management software solutions. The Company's solutions manage orders, inventory and supply across multiple business units, regions, divisions, enterprises, suppliers and marketplaces to improve the operational efficiency and speed of multi-enterprise trading networks. Yantra's deep domain expertise in supply chain management enables the company to provide comprehensive solutions to large enterprises and exchanges. Customers include leading businesses such as APL Direct Logistics, Converge, Eastman Chemical Company, Honeywell, Motorola, Reality and VerticalNet. Founded in 1995, Yantra Corporation is privately held and based outside Boston, Massachusetts. For more information, visit www.yantra.com.