Xign Corporation to Sponsor 2005 Executive Seminar Series On Order to Pay Automation Featuring The Hackett Group

Xign Corporation to Sponsor 2005 Executive Seminar Series On Order to Pay Automation Featuring The Hackett Group

Web Sessions Will Address Order to Pay Strategy and Impact on Business Performance

PLEASANTON, Calif., Jan. 24 /PRNewswire/ -- Xign Corporation, the leading provider of Enterprise Order to Pay software and services, today announced that it will feature The Hackett Group, a business advisory firm and an Answerthink company (NASDAQ:ANSR), for the 2005 Executive Series on Order to Pay Automation. The web seminar series will address Hackett-certified practices within the Order to Pay cycle and examine topics such as business process outsourcing, accounts payable automation, extending procurement cost savings, techniques for leveraging payables-related working capital, and risk management.

The first seminar in the series, "Transforming Financial Processes Before Outsourcing: A Best Practice Approach" is scheduled for Thursday, January 27, 2005, 10:00 AM PST, 1:00 PM EST. The seminar will assess the value of streamlining business processes as a precursor to outsourcing and feature a case study of how a Fortune 500 Company took that approach in its strategy to lower operational costs across corporate finance.

To register for "Transforming Financial Processes Before Outsourcing: A Best Practice Approach," visit http://www.xign.com/webinar/hackett.html or call Xign at 925-469-9446.

The Xign web seminar series featuring The Hackett Group is designed for professionals with responsibility in accounts payable, corporate finance, and procurement. The seminars will focus on applying proven practices identified through Hackett benchmark studies that yield the most material operational improvements across the end-to-end, Procure to Pay process.

"The Order to Pay cycle is an activity ripe with opportunities for business process improvements and substantial cost savings," said Chris Sawchuk, Hackett's Procurement Practice Leader. "Organizations interested in learning about how they can apply Hackett-certified practices across the Order to Pay cycle as well as benchmark Order to Pay operations with their peers will find these seminars especially valuable."

"I'm excited about this opportunity to collaborate with The Hackett Group and educate procurement and corporate finance professionals on the value of Order to Pay automation," said George Fan, Xign vice president of marketing. "Transforming Order to Pay operations to drive down costs is becoming a corporate finance priority. These web seminars will help organizations make an informed business decision as they assess their options."

About the Hackett Group

The Hackett Group (www.thehackettgroup.com), an Answerthink company, is a business advisory firm providing empirically based advice and best practices research to executives seeking to drive world-class performance in areas such as finance, IT, human resources, and procurement. As of this writing, Hackett clients comprise 93 percent of the Dow Jones Industrials, 80 percent of the Fortune 100 and 90 percent of the Dow Jones Global Titans Index.

About Xign Corporation

With more than $49 billion in transactions processed, a fast growing network of more than 17,000 suppliers, and business partners that include JPMorgan Chase and MasterCard International, Xign Corporation is the leading provider of Enterprise Order to Pay (EOP) software and services used for B2B commerce. The Xign Order to Pay(TM) service streamlines the processes of order delivery, invoicing, and payment, and monetizes early payment discounts across corporate spend For more information, visit www.xign.com.

NOTE: Xign is a registered trademark of Xign Corporation.

CONTACT: Chris Rauen of Xign Corporation, 925-251-4514, or chris.rauen@xign.com; or Chris Greenfield of Project PR, 650-233-8283, or chris@projectpr.com.


Source: Xign Corporation

CONTACT: Chris Rauen of Xign Corporation, +1-925-251-4514, or
chris.rauen@xign.com; or Chris Greenfield of Project PR, +1-650-233-8283, or
chris@projectpr.com, for Xign Corporation


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