July 25, 2016 2:03 PM ET


Company Overview of ecMarkets, Inc.

Company Overview

ecMarkets, Inc., a strategic sourcing company, provides Web-enabled sourcing software and services for the industrial food sector in the United States. It offers group buying programs, as well as procurement software for dairy, grocery, consumer product, and convenience store industries. The company was founded in 1998 as ecFood, Inc. and changed its name to ecMarkets, Inc. in July 2002. ecMarkets, Inc. is headquartered in Santa Clara, California.

4655 Old Ironsides Drive

Suite 460

Santa Clara, CA 95054

United States

Founded in 1998





Key Executives for ecMarkets, Inc.

Chief Executive Officer
Compensation as of Fiscal Year 2016.

ecMarkets, Inc. Key Developments

ecmarket Announces Partnership with Billtrust

ecmarket announced a partnership with Billtrust. The two organizations share a common goal of providing automation solutions that eliminate manual data entry errors, improve productivity, and reduce costs. Billtrust automates core areas of the invoice-to-cash process including presentment, payment, and cash application. ecmarket's Conexiom solution revolutionizes critical sales and accounting business practices by automating incoming emailed or printed vendor AP invoices and purchase orders from suppliers and customers into a format for electronic submission into their ERP system with 100% accuracy.

Shop Tools Selects ecmarket's Conexiom to Eliminate Manual Data Entry and Improve Billing Cycle and Fulfillment Accuracy

ecmarket announced that Shop Tools Inc., has launched ecmarket's Conexiom to automate its data processing. Shop Tools is integrating Conexiom into Epicor Prophet 21 Distribution Software in order to process industrial vending replenishments faster with improved accuracy, and solve the problem of dual data entry as well as improve billing cycle times. Shop Tools identified Conexiom as a solution to the cumbersome manual entry process through its 100% data capture accuracy and seamless integration into existing business systems. With over two million dollars in inventory, Shop Tools' orders warranted an efficient method that both accelerated order cycle times and reduced error rates altogether.

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