Executive Summary (This is a document excerpt)

Based in the Midwest and offering a basic eSourcing product at a very low price, Iasta is a very small (20 people) eSourcing vendor. Its current offering scored lowest of all of the vendors reviewed, in large part because it does not offer its own spend analysis, supplier discovery, or supplier assessment products. Instead, it resells Ketera Technologies' spend analysis service and Open Ratings' supplier discovery and supplier assessment services. Of the functions Iasta itself provides, RFx and reverse auctions scored best; spend activity management is average; and sourcing decisions are weak. Iasta is only offered as a hosted, shared-instance service, so like other ASPs, it scored low on integration tools and on several hosting options. While by no means best in class, its very low price, basic functions, and ASP offering position it well in the US SMB market. Despite its small size, it has been profitable for several years with growing revenues.

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