MarginPoint Appoints Spend Management Veteran to the Board of Directors - Siouxland News - KMEG 14 and FOX 44

MarginPoint Appoints Spend Management Veteran to the Board of Directors


This article was originally distributed via PRWeb. PRWeb, WorldNow and this Site make no warranties or representations in connection therewith.


Stephen Markles Board Designation Demonstrates Companys Focus on Integrating into the Spend Management Solution Space

Lake Forest, CA (PRWEB) July 01, 2014

MarginPoint, a leading provider of cloud-based indirect material/MRO management solutions, today announced the addition of Stephen Markle to the companys Board of Directors. With more than 18 years of technology experience, Markle has an extensive background in SaaS and spend management solutions, as well as a successful history of creating new lines of business for growing organizations.

Best-in-class companies realize the inherent need to connect their procurement process, their suppliers and the management of their indirect material/MRO inventory in order to dramatically improve operating costs, says Vince Sheeran, CEO of MarginPoint. Steves breadth and depth of experience in the eProcurement space will be invaluable as MarginPoint continues to expand our platform, connecting suppliers with the users and purchasers of indirect material. Our goal is to give organizations the ability to gain visibility and control of their entire Indirect/MRO materials lifecycle.

As Vice President of Solutions Management at Ariba (acquired by SAP in 2012), Markle utilized his product management leadership to grow the Sourcing and Contract Management portfolio from just a few customers into a hundred million dollar plus annual subscription revenue business. Prior to his 12+ years with Ariba/SAP, Markle held product and strategy positions at several technology firms including Lockheed Martin and Playback Media. He holds a Bachelor of Science and Engineering degree from Princeton University.

MarginPoints solutions have the potential to revolutionize the way the Indirect/MRO materials lifecycle is managed, similar to eProcurements impact on the sourcing and procurement process within large, complex organizations, says Markle. "Im excited to be joining the MarginPoint Board to assist in scaling the impact of their solutions in the marketplace.

About MarginPoint
MarginPoint is a leading provider of cloud-based indirect material management solutions for the industrial market. More than 200,000 users rely on MarginPoint solutions daily to reduce their indirect material spending and streamline their indirect material management processes. MarginPoint is uniquely focused on integrating the end-to-end indirect material lifecycle to deliver the highest possible ROI for customers. MarginPoints SaaS delivery model enables customers to rapidly deploy the solution without any significant up-front IT investment.

MarginPoint is a privately-held company whose investors include The Argentum Group, InnoCal Venture Capital, Inverness Graham Investments and Mission Ventures. For information about the companys products and services, or how to become a MarginPoint distributor or partner, please visit the companys website at or call 888-229-3685.

For the original version on PRWeb visit:

Information contained on this page is provided by an independent third-party content provider. WorldNow and this Station make no warranties or representations in connection therewith. If you have any questions or comments about this page please contact

Powered by WorldNow

Siouxland News
100 Gold Circle
Dakota Dunes, SD 57049

Main Phone: 712-277-3554
Main Fax: 712-255-5250

Powered by WorldNow
All content © Copyright 2000 - 2009 WorldNow and Sinclair Communications, LLC. All Rights Reserved.
For more information on this site, please read our Privacy Policy and Terms of Service.