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About Covendis

Raymond Tsao founded Covendis Technologies in July 1999 to address the inefficiencies he experienced in buying, selling, and managing services as the Chief Operating Officer of a fast growing company in Research Triangle Park, North Carolina. Covendis Technologies was the first to develop a services procurement solution that helps companies simplify their services purchasing and save time and money in the process. While many services procurement companies have come and gone, been acquired, interrupted or simply discontinued their products, Covendis continues to grow. Covendis Services Procurement provides the broadest range of services automation today. Covendis remains one of the few independent software developers of services procurement solutions. Companies can start with Covendis and stay with Covendis.


Management

Raymond Tsao is an entrepreneur with a demonstrated track record of developing and commercializing technology with a significant return on investment (ROI).

Prior to founding Covendis Technologies, Tsao was the chief operating officer of Analytika, a venture-backed software company in Research Triangle Park, North Carolina. Under his leadership, Analytika developed, marketed, and implemented enterprise software for customer relationship management (CRM), and datamining for leading companies such as Johnson & Johnson, Bristol-Myers Squibb, and Abbott Laboratories. Revenues grew from $300,000 to $3.5 million within 2 years. Analytika was acquired by Dendrite International (NASDAQ: DRTE) in 1999. Prior to joining Analytika, Tsao worked for leading management consultancy Booz Allen & Hamilton.

Tsao received an MBA from the Wharton School at the University of Pennsylvania and also holds a Bachelor of Science degree from Rutgers University. He currently lives in Atlanta with his wife and spoiled Shih Tzu.


Customers & Partners

The Covendis Partner Program was designed to ensure that our customers receive world-class solutions. To do this, Covendis partners with a wide range of organizations/companies whose products and services complement the Covendis SPA Platform. Each of these partnerships is designed to enhance the value of our application and service offerings for our enterprise customers and their suppliers. If you are interested in more information on any of the following partner categories, please contact us.

Marketplace Partners provide systems and e-commerce services in vertical and horizontal market segments that increase operating efficiency and significantly reduce costs.

System Integration/Implementation Partners provide the deep resources and infrastructure to support and enable client business.

Solutions Partners provide integrated or complimentary applications that augment and strengthen Covendis solutions.

Technology Partners provide software, hardware, hosting, and database platform resources that form the foundation for Covendis' enterprise-wide software applications.

Learn more about Covendis, our people and what have to offer your Company.


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