Rearden Commerce CEO, Patrick Grady, Named A 2009 Pro To Know By Supply and Demand Chain Executive MagazineRecognized for Delivering on the Services Platform Vision and Shaking Up the Industry
Rearden Commerce, the leading on-demand platform that helps companies buy and manage services online, announced today that CEO Patrick Grady was selected as a 2009 Supply & Demand Chain Executive Pro to Know. Grady was selected based on the criteria that he demonstrated leadership in the past year during the current economic downturn by managing risk in the supply chain, providing competitive advantage and delivering value to the bottom line. Grady is recognized for building a company that transforms the way businesses gain competitive advantage and realize the most value out of the services they purchase.
In 2008, Grady delivered on the promise to expand and enhance the Rearden Commerce™ Platform to allow companies to identify, compare, and book cost-effective travel and entertainment services in the most efficient way. He led the acquisition of two companies: ExpenseWire, the leading on-demand expense management solution, and Global Ground Automation (GGA), the leader in ground transportation reservation automation. Under Grady's leadership, the company announced strategic alliances and distribution agreements with JP Morgan Chase and Paychex, and received $100M in incremental funding to accelerate growth. Today, thanks to Grady's drive, more than two million customers at more than 4,000 companies use Rearden Commerce to reduce their spending and manage risk.
Rearden Commerce's technology is leading the way in managing the supply chain by allowing companies to realize cost savings that are especially important in today's economic environment. The platform brings increased visibility into spend across multiple categories and leverages real-time data for control over employee habits, including point-of-purchase approvals and comprehensive price comparisons.
"I am honored to have been selected for this prestigious award," said Grady. "During a time when companies are struggling to stay afloat, I will continue to make it a priority to find a way to help companies cut costs while still being efficient and available 24/7."