ChannelAdvisor Establishes Exclusive Partnership with Real World Ventures
Enables eBay Sellers to Integrate Back-Office Applications Providing an Automated End-to-End Solution
Research Triangle Park, NC - June 24, 2004 - ChannelAdvisor Corporation, the leading provider of small business and enterprise marketplace management solutions, today announced that it has formed an exclusive partnership with Real World Ventures (RWV), a provider of marketplace integration applications and business process consulting. Through this partnership Real World Ventures provides automated integration from ChannelAdvisor to the seller`s back-office applications.
With this partnership, Real World Venture enables eBay (NASDAQ: EBAY) sellers using ChannelAdvisor Pro and Merchant to integrate with their back-office. This provides a completely automated end-to-end and highly scalable solution for rapidly growing businesses. ChannelAdvisor customers can easily communicate business events such as inventory updates, shipment requests, and cash sales from and to their ChannelAdvisor solution.
"After evaluating all the online marketplace providers, we are very excited to partner with ChannelAdvisor. Together we provide top eBay sellers integration with back-office applications allowing them to leverage their existing software, personalize integration and simplify processes," says Kevin Reester, CTO and Founder of Real World Ventures.
Real World Ventures provides the following services:
• Order Controller - Allows seller`s marketplace transaction to automatically be taken from ChannelAdvisor and posted into their accounting or financial systems, or a shipping controller. Currently, Real World Venture supports NetSuite, QuickBooks and proprietary formats.
• Shipment Controller - Allows the seller to integrate their marketplace transactions with their own transactions into a unified shipping application for their business. Generates shipping labels, packing slips and can provide custom order routing based on seller-specific rules. In addition, can communicate end-of-day requirements to shipping carriers including UPS and soon will support FedEx and USPS.
• Inventory Controller - Provides a single view of inventory, including those outside of ChannelAdvisor, automating inventory visibility and synchronization across all of the seller`s channels. Offers streamline integration from client`s existing inventory management system to ChannelAdvisor.
"We continue to partner with companies to make it easier for our customer`s to leverage their existing systems and provide back-office integration services for them," says Scot Wingo, Chief Executive Officer and President of ChannelAdvisor. "Real World Ventures` suite of solutions enables our customer`s to cost effectively scale and control their business to meet increasing demands and take their business to the next level."
About Real World Ventures
Real World Ventures provides marketplace business integration and business process management solutions to eBay sellers. Our focus on auction and marketplace sales process re-engineering and integration to back-office operations is designed to provide you with a custom-fit toolkit to maximize your profitability. For more information, visit http://www.rwventures.com.
About ChannelAdvisor Corporation
ChannelAdvisor provides technology and services that enable industry-leading companies, small businesses and individuals to use online marketplaces to acquire customers and maximize inventory yield throughout the product lifecycle. Our solutions combine best practices, innovative software applications and integration technology to dramatically accelerate marketplace performance. ChannelAdvisor`s clients and strategic alliances include IBM, Best Buy, Sears, Motorola, eBay, Yahoo! and Amazon. ChannelAdvisor Corporation is headquartered in Research Triangle Park, NC. For more information, visit http://channeladvisor.com/.
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