/24-7PressRelease/ - AUSTIN, TX, July 25, 2008 - SiteStuff, Inc., announced today that it has been awarded Realcomm's prestigious "Digie" (Digital Innovation) Award, which is presented yearly to the most ground-breaking real estate companies, individuals and solution providers. This will be SiteStuff's second Digie Award.
SiteStuff earned the Best Technology award in the real estate transaction category for pioneering an integrated solution that promotes sustainability through a paperless procurement process. SiteStuff and partners Yardi Systems, rCash, Cambridge and Bank of America successfully integrated procurement and invoice processing systems to help their joint client CB Richard Ellis develop a more efficient accounting method. The solution's technology and productivity initiatives create a holistic approach that unifies accounts payable processing activities within one interconnected, paperless processing flow.
"We are thrilled to be involved with such an innovative project. As an e-procurement services company, it was an easy decision for us to move forward with the electronic data interchange technology needed for transmitting and receiving accounts payable information," said Charlie Pace, SiteStuff CEO. "As commercial real estate clients purchase building supplies through our online catalog, our electronic data interchange cuts out massive amounts of time in the order cycle and reduces the amount of paper in the waste stream produced by paper invoices", he said.
"The Digie Award was designed to recognize the most forward-thinking companies and leaders in commercial real estate who are making the greatest impact through the use of technology and automation," said Jim Young, co-founder and CEO of Realcomm. "This year, SiteStuff was presented with this award as they exemplify this principle through the services they provide."
The award was presented at Realcomm 2008, an annual conference that provides a single place where real estate industry leaders can come together to discuss, analyze and debate the latest technologies and innovations.
About SiteStuff
SiteStuff, Inc. is the nation's leading procurement company for the commercial real estate industry. SiteStuff helps companies reach their procurement goals, streamline the invoice and accounting process, as well as provide information that gives companies greater control over their operational spend. To learn more about SiteStuff visit http://www.sitestuff.com. SiteStuff is a wholly owned subsidiary of Yardi Systems, Inc.
About Realcomm
Realcomm Conference Group, LLC is the world's leading research and educational institution that produces an annual conference and exposition on technology, automated business solutions and intelligent buildings for executives in commercial and corporate real estate. Realcomm was founded in 1999 with the goal of bringing industry leaders together each year to discuss, demonstrate and debate the latest innovations that impact the industry. Today, in addition to the annual conference, Realcomm conducts seminars, webinars, workshops, executive tours and other strategic services to educate industry professionals about the latest business solutions and technologies to improve commercial real estate development, leasing, management and operations.
About the Digie Awards
The Digie Awards are broken into four main categories: Best Use Of Automation (by a real estate related organization), Most Extreme Real Estate (office, retail, mixed use project), Best Technology (general, real estate transaction, intelligent building) and the Digital Impact Award which are presented to four outstanding individuals who have consistently demonstrated tenacity and persistence in promoting technological innovation in the industry.
CONTACT INFORMATION:
Kristi Kelley
Marketing Manager
512-514-7860
Kristi.kelley@sitestuff.com
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- accounting, cbre, commercial, edi, estate, invoice, management, mro, process, processing, procurement, real, spend
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