TakeCharge Technologies, Inc. (TakeCharge) and Deltek Forge a Strategic Partnership to Provide Spend Savings, Continuous Audit and Governance Solutions

WASHINGTON, July 20 /PRNewswire/ -- TakeCharge announced that it has entered into a strategic partnership with Deltek to provide integrated solutions for increased spend savings and better procure-to-pay controls.

"Our partnership with TakeCharge enables Deltek's customers to benefit from automated compliance and improved procurement and payables savings through their ProCharge product's continuous transactional auditing, reconciliation and spend intelligence," said Carolyn Parent, Executive Vice President of Worldwide Sales for Deltek.  "In this economic climate, the continued importance of electronic oversight and improved cost savings makes this new collaboration extremely timely and valuable for our customers of all sizes."

TakeCharge offers Deltek's clients a quick and easy way to initiate cost reduction, audit and optimize Procure-to-Pay (P2P) programs without expensive capital investments and lengthy implementation efforts.  Customers can "take charge" of their spend through increased efficiencies and reduced expenses, while maximizing savings and compliance via unrecognized discounts, rebates and identification of erroneous spend.  The seamless integration of TakeCharge's ProCharge product with Deltek's systems connects disparate enterprise applications such as procurement, general ledger, travel and expense, and banking systems into one intuitive actionable view.

The Association for Financial Professionals (AFP) Payments' 2010 Fraud and Control Survey indicates an overwhelming 73% of organizations experienced attempted or actual payment fraud in 2009. As a leading provider of enterprise spend controls, intelligence and optimization, TakeCharge allows finance professionals to oversee and comply to policies, procedures and regulatory mandates for p-card purchases, travel and expense transactions and supplier payments. ProCharge enables organizations to not only cut down on spending, but also to increase compliance to remain competitive.  

Deltek® (Nasdaq: PROJ) is the leading provider of software and solutions designed specifically for project-focused businesses. For more than two decades, Deltek software applications have enabled organizations to automate mission-critical business processes around the engagement, execution and delivery of projects. More than 12,000 customers worldwide rely on Deltek to measure business results, optimize performance, streamline operations and win new business. Visit www.deltek.com.

TakeCharge Technologies, Inc. helps organizations gain control of spend.  ProCharge technology delivers financial improvements by integrating purchasing, financial, travel and expense and accounting data and processes in an intuitive, proactive, automated solution that continuously monitors, drives down costs, and eliminates risk. For more information, visit http://www.takechargetech.com

SOURCE TakeCharge Technologies, Inc.