Peregrine Systems, Inc, the provider of Get.It! employee self-service software, has announced a strategic alliance with and equity investment in ZoneTrader.com, a leading business-to-business online marketplace for used and surplus capital equipment.
Peregrine Systems joins recently announced ZoneTrader.com investors, including leading companies such as Ford Motor Company, Dow Chemical, Red Hat and Amerindo Ventures.
Peregrine Systems` e-procurement solution, Get.Resources! and AssetCenter will be modified to enable the transfer of end-of-lifecycle assets to the ZoneTrader.com marketplace for asset disposition.
Peregrine Systems` relationship with ZoneTrader.com will enable customers to manage the entire lifecycle of their assets from e-procurement through e-disposal.
The relationship between ZoneTrader and Peregrine Systems establishes a position for ZoneTrader with Peregrine Systems customers who wish to either retire capital assets or acquire used capital assets. AssetCenter customers will be able to use ZoneTrader`s numerous asset disposition services, including its auction capability.
"This represents a significant value to AssetCenter customers," says Allen Lewis, Peregrine Systems product manage at local distributor CCH Enterprise Solutions, "as the assets managed by AssetCenter will post with a complete procurement, maintenance and repair history. This extensive information differentiates these assets from other used equipment and thus increases the resale value for the seller."
This relationship closes the loop on total asset management, Lewis notes. "In the near future, customers will be able to acquire assets through Get.Resources!, manage them with AssetCenter, and retire them through ZoneTrader.com. Companies can now take control of every aspect of products` lifecycle, including retirement, to maximise the benefit of these resources and reduce the total cost of their corporate infrastructure."
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