Microsoft procurement moves to the cloud with Hiperos

Worldwide leader in software, services, and solutions to use Hiperos as platform for global supplier risk and relationship management

SOUTHBOROUGH, Massachusetts –September 1, 2010 – Hiperos, LLC, a provider of on-demand solutions for extended enterprise management, announced today that Microsoft Corp. (Nasdaq: MSFT) will use Hiperos to manage all  critical aspects of the supplier lifecycle – from initial supplier registration and assessment of risk to active measurement of performance, monitoring of compliance, and maintenance of supplier information.  It will also be used for governance and control of strategic relationships.

As Microsoft continues to build a world class procurement organization, this is an important milestone.  During the past few years, under the leadership of Tim McBride, general manager and chief procurement officer, Microsoft has improved its strategic sourcing, enhanced its business and stakeholder relationship management, focused on relentless execution, and introduced a robust program infrastructure.

“In order to maintain a world-class procurement organization, it is critical to meet the changing requirements of internal stakeholders and external regulatory bodies,” said Tim McBride, general manager and chief procurement officer at Microsoft.  “Hiperos will play an important role in our achieving this goal.  Hiperos delivers a truly unique and integrated supplier relationship management offering – one that will deliver a benefit to our suppliers and internal stakeholders alike. ”

“We are proud of the confidence that Microsoft has in Hiperos,” said Greg Dickinson, CEO of Hiperos.  “After a comprehensive evaluation of our functionality, architecture, and security infrastructure, Microsoft trusted our cloud-based solution to replace important, off-the-shelf and homegrown, SRM applications.  The result is that Microsoft will have access and visibility across a global supply base of more than 65,000 trading partners.”

Dickinson added “Our use of Microsoft’s development platform has absolutely contributed to our overall success.   By using Microsoft technology, Hiperos has been able to deliver a cost-effective, secure, highly scalable, and flexible cloud-based solution.” 

Microsoft will initially use Hiperos to register suppliers, streamline AP processing, monitor data privacy risk, evaluate performance, track diversity status, and nominate companies to be part of the Microsoft Vendor Program (MSVP). The result will be a comprehensive, end to end solution for managing supplier risk, performance, information, and compliance.

About Microsoft

Founded in 1975, Microsoft (Nasdaq “MSFT”) is the worldwide leader in software, services and solutions that help people and businesses realize their full potential.

About Hiperos

Hiperos provides an on-demand solution for managing the extended enterprise of a company - the network of suppliers, service providers, outsourcers, partners, distributors, brokers, re-sellers, or contract manufacturers that contribute to a company’s value chain.  Hiperos is used to assess the risk, monitor the compliance, measure the performance, and track the corporate responsibility goals of providers as well as to facilitate self-maintenance of information by those providers.  Hiperos provides companies like Aetna, CA Technologies, State Street, United Technologies, and TD Bank, with the capability to build collaborative supplier relationship management programs - programs intended to reduce costs, lower business risks, and drive improved company performance.   Information about Hiperos’ products and services can be found at www.hiperos.com.

Press Contact:
David Furth
Hiperos
+1 508-460-7013
E-mail David