MonoSphere is thecreator of Storage Horizon storage capacity management software. Quest has alsohired a substantial number of the former MonoSphere employees. Quest also provides customers with client managementthrough its ScriptLogic subsidiary and server virtualization management throughits Vizioncore subsidiary. Through a deep expertise in IT operations and acontinued focus on what works best, Quest helps more than 100,000 customersworldwide meet higher expectations for enterprise IT. SAN JOSE, Calif.(Business Wire)Ketera, the leading On Demand Spend Management provider, today announced thatConvergys Corporation (NYSE:CVG), a global leader in relationship management, isthe largest Business Process Outsourcing (BPO) company to implement the completesuite of spend management solutions from Ketera. Businesses are always seekingcost savings to increase business value and profitability - and many industryleaders like Convergys are leveraging Keteras solution to help automateprocurement processes, drive down spend on goods and services, and minimizeon-premise infrastructure investments. 
The Convergys deployment is now live inNorth America with continued roll-out expected globally. With 75,000 employees around the globe, Convergys is one of the worlds leadingrelationship management providers. As part of a strategy to improve operationalefficiencies and gain a competitive edge for its services business, Convergyssought a single, standardized company-wide procure-to-pay system with a low-costtechnology infrastructure investment. Convergys Director of Global Procurement Operations Perneet Malhotra says thecompany is already realizing the benefits of Keteras suite of spend managementservices. "Ketera was the vendor of choice that could help us standardize ourprocurement best practices on a single web-based platform," he says.

Convergys currently uses three Ketera solutions - procurement/invoicing,contract management and spend analysis. The procurement solution was rolled outto 1,300 users and 800 suppliers. The contract management solution was rolledout in 14 weeks across North America, India and the Philippines. Convergys hasalso rolled out Keteras spend analysis solution and will have access toKeteras on demand procurement and payment tools.
"Todays announcement further validates Keteras vision for changing theeconomics of spend management by offering these capabilities in a Software as aService model and demonstrates how companies of all types and sizes are turningto Ketera to improve their bottom line." Keteras Software as a Service (SaaS) based spend management suite includesspend analysis, sourcing, contract management, procurement and suppliermanagement solutions to automate and improve operational efficiencies and supplychain efficiency. About KeteraKetera is the leading provider of On Demand Spend Management solutions. Ketera provides a complete suite ofapplications, services and community networks for spend analysis, sourcing,contract management, procurement, supplier enablement & content management,supplier performance management, and invoice management. Since its inception, Ketera has supported enterprise customers of all sizes,industries and geographies, including numerous Fortune 500 companies. In 2007,Ketera surpassed $17 trillion in spend analyzed and more than $3 billion intransactions processed between buyers and suppliers. Many of the worlds leadingenterprise companies, including ServiceMaster, American Express, Kennametal,Con-way, and Northrop Grumman Corporation, depend on Ketera Spend Management todeliver real, hard-dollar savings quickly.