Quadrem YTD revenues up 23%

More than 5.5 million electronic business documents have flowed through the procurement platform so far in calendar year 2007, supporting 2.0 million purchase orders (POs) worth USD $12.4 billion in goods and services.

The company is on track to process more than 2.5 million POs worth more than USD $16 billion by year-end. Quadrem's procurement network connects more than 1,100 buyer locations worldwide and over 55,000 suppliers, with strong representation in the MRO, complex services